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Exploration & Production

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Noble Corp. sees early end for jack-up deal, new gig for drillship
Exploration & Production

Noble Corp. sees early end for jack-up deal, new gig for drillship

Offshore drilling contractor Noble Corporation has received an early contract termination for a jack-up drilling rig and a new contract for a drillship unit. Namely, Noble informed in its latest fleet status report on Tuesday that the Australian oil company Quadrant Energy exercised its right to ear

about 10 years ago
UK: New restricted zone put in force in grounded rig area as salvage team grows
Exploration & Production

UK: New restricted zone put in force in grounded rig area as salvage team grows

UK’s Maritime and Coastguard Agency (MCA) reported on Tuesday afternoon that an underwater survey continues to be carried out around the Transocean Winner drilling rig, which is currently grounded off the Isle of Lewis, and that there will be a new exclusion area covering the air. The semi-submersib

about 10 years ago
Fugro to provide ROV services for Total’s drilling campaign off Uruguay
Exploration & Production

Fugro to provide ROV services for Total’s drilling campaign off Uruguay

Fugro has been awarded a contract by Total E&P Uruguay B.V. to support its drilling campaign offshore Uruguay. The contract provides for ROV and tooling services in the Raya-1 field in 3,400 meters water depth. Fugro is supplying two 200hp FCV 4000D work-class ROV systems and subsea tooling, which a

about 10 years ago
Cairn gearing up for fresh drilling campaign offshore Senegal
Exploration & Production

Cairn gearing up for fresh drilling campaign offshore Senegal

Independent oil and gas company Cairn Energy is planning to start a further exploration and appraisal campaign offshore Senegal in the fourth quarter of 2016 or in the first quarter of 2017. Cairn, as the operator, has a 40% WI in the three blocks offshore Senegal (Sangomar Deep, Sangomar Offshore,

about 10 years ago
Statoil spuds exploration well in Norwegian Sea
Exploration & Production

Statoil spuds exploration well in Norwegian Sea

Norwegian oil company Statoil has started drilling the Njord North Flank-2 (NF-2) exploration well 6407/7-9 S located in the Norwegian Sea. The NF-2 prospect is located in Licence PL107C immediately north of the Njord field. Statoil received consent from the Norwegian offshore safety body, the Petro

about 10 years ago
UK: More salvors board grounded drilling rig. No pollution detected
Exploration & Production

UK: More salvors board grounded drilling rig. No pollution detected

UK’s Maritime and Coastguard Agency said Monday that a team of additional six people would join the salvors on board the grounded drilling rig Transocean Winner, as part of the ongoing salvage operation. The semi-submersible drilling rig Transocean Winner ran aground near Dalmore Beach on the Isle o

about 10 years ago
Sete Brasil seeks $5B to complete offshore rigs
Exploration & Production

Sete Brasil seeks $5B to complete offshore rigs

Brazil’s struggling offshore drilling company Sete Brasil has reportedly filed a draft reorganization plan for the company. The drilling company was formed in 2010 to own and operate a large fleet of drilling rigs, to be used by the Brazilian oil giant Petrobras. This was supposed to be a 28-rigs, $

about 10 years ago
Quadrant misses target in Driftwood well
Exploration & Production

Quadrant misses target in Driftwood well

Quadrant Energy has failed to find hydrocarbons in the Driftwood-1 commitment well on the WA-320-P permit, offshore Western Australia. The Quadrant-operated WA-320-P permit is located in the Carnarvon Basin and the Driftwood-1 commitment well is located in WA-320-P in the Barrow sub-basin of the Nor

about 10 years ago
Maersk Interceptor rig gets nod for Ivar Aasen drilling
Exploration & Production

Maersk Interceptor rig gets nod for Ivar Aasen drilling

Norwegian oil firm Det norske oljeselskap has obtained approval to use the Maersk Interceptor jack-up for drilling at the Ivar Aasen field in the North Sea. The field is an oil and gas field in the North Sea, around 175 kilometers west-south-west of Karmøy in Rogaland county. Water depth in the area

about 10 years ago
Salvors to assess grounded Transocean drilling rig
Exploration & Production

Salvors to assess grounded Transocean drilling rig

Following last week’s grounding of the Transocean Winner rig off the Isle of Lewis, a salvage team is starting a full assessment of the damage to the rig. The rig ran aground last Monday while being towed from Norway to Malta, due to severe weather. According to a statement by UK’s Maritime and Coas

about 10 years ago
Vietsovpetro takes delivery of new jack-up rig
Exploration & Production

Vietsovpetro takes delivery of new jack-up rig

Vietnamese drilling rig builder PetroVietnam Marine Shipyard has delivered the Tam Dao 05 jack-up drilling rig to Vietsovpetro, the joint Russian-Vietnamese company for oil and gas exploration. Following 32 months of construction, the handover ceremony was held on Friday, August 12, 2016, in Vietnam

about 10 years ago
U.S. offshore rig count remains unchanged
Exploration & Production

U.S. offshore rig count remains unchanged

The number of active offshore rigs in the U.S. did not change during last week, the oilfield services provider Baker Hughes reported on Friday. BHI Rig Count: U.S. +17 to 481 rigs U.S. Rig Count is up 17 rigs from last week to 481, with oil rigs up 15 to 396, gas rigs up 2 […]

about 10 years ago
Maersk Drilling upgrades full year profit guidance
Exploration & Production

Maersk Drilling upgrades full year profit guidance

Maersk Drilling, a drilling contractor part of Denmark’s Maersk Group, delivered a profit of $164 million for the second quarter of 2016. This is a drop compared to the profit of $218 million realized in the second quarter of 2015. Revenue was $566 million, down 9.3% from $524 million a year ago. Re

about 10 years ago
Ocean Rig delays drillship deliveries. Expects market to worsen
Exploration & Production

Ocean Rig delays drillship deliveries. Expects market to worsen

Ocean Rig UDW, an offshore drilling company, has reached an agreement with Samsung Heavy Industries to postpone drillship deliveries and reschedule certain installments for the rigs currently being built in South Korea.

about 10 years ago
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