Oilfield services provider Baker Hughes announced on Thursday that the international offshore rig count in March 2016 was down by more than one hundred offshore rigs year over year. The international rig count includes rigs from Latin America, Europe, Africa, Middle East and Asia Pacific. According
Norwegian oil and gas company Statoil has received consent from the Petroleum Safety Authority (PSA) to drill two exploration wells in the North Sea using the Songa Delta semi-sub. According to the safety authority, drilling of the two wells, 30/11-12 S and 30/11-12 A, is estimated to last for 45 da
Norwegian Petroleum Safety Authority (PSA) has given Statoil the go-ahead to use the Stena Don semi-submersible rig for well drilling and completion in the North Sea. The Norwegian oil and gas company will use the DP3 class rig for work on wells 35/11-B-22 and B-13 located in the Fram field. The Ste
Hercules Offshore has received a notice from Saudi Aramco extending the contract for one of its jack-up drilling rigs operating in Saudi Arabia. According to the drilling contractor, the contract for the jack-up Hercules 266 was extended until June 30, 2016. Further, the dayrate for the Hercules 266
OMV Norge, operator of production licence 537, is in the process of completing the drilling of appraisal well 7324/7-3 S on the 7324/8-1 (Wisting) oil discovery, located in the Barents Sea. The well was drilled about 310 km north of Hammerfest by Transocean Spitsbergen semi-submersible drilling rig.
Awilco Drilling, a UK based drilling contractor that owns two semi-submersible drilling rigs, has informed that the yard stay for the WilPhoenix rig is taking longer than anticipated and in the meantime the rig remains berthed at Hartlepool on zero dayrate. The WilPhoenix semi-sub drilling rig, equi
The number of drilling rigs is on a downward spiral, both for the onshore and offshore units, according to the latest Weekly Rig Count, report issued by Baker Hughes. BHI Rig Count: U.S. -14 to 450 rigs U.S. Rig Count is down 14 rigs from last week to 450, with oil rigs down 10 to […]
Offshore driller Hercules Offshore, which in November last year emerged from Chapter 11 bankruptcy, expects, as all of its peers, a difficult business environment ahead. As it has been repeatedly but accurately said, the offshore drillers have been impacted hard by a perfect storm of low oil prices,
China’s rig builder CIMC Raffles completed the mating of the upper and lower hull for Frigstad Deepwater’s second ultra-deep-water semi-submersible drilling rig, Frigstad Kristiansand, in Yantai Shipyard on Wednesday, March 30, 2016. CIMC Raffles noted that this was the 13th mating time for its Tais
Songa Offshore on Thursday took delivery of its fourth and final Cat D rig, Songa Enabler, from Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Songa Enabler is the last rig in a series of four Category D rigs specifically built for and contracted to Statoil. According to its owner, Songa
Sevan Drilling has received an early contract termination from Petrobras for one of its cylindrical drilling rigs in Brazil, rate reduction for another, and a short-term gig for the terminated rig from Shell. According to the company’s statement on Wednesday, Sevan Drilling amended contracts for the
After attempts to free stuck drill pipe failed, Byron Energy, the operator of several blocks in the Gulf of Mexico, has temporarily abandoned its SM 6 # 2 well in the U.S. Gulf of Mexico, and is now preparing to spud the SM71 #1 well. The SM-6 #2 well, the first one to be drilled as part of [&hellip
William Jacob Management (WJM), an engineering and project management services firm, has secured its initial contract to complete the detailed engineering and design of its first Mobile Offshore Support Services Vessel, the MOSS V. Northport Marine LLC will be the first client to receive delivery of
Offshore driller Maersk Drilling has received a notice of early contract termination from Cabinda Gulf Oil Company Limited (CABGOC), Chevron Corporation’s affiliate in Angola, for the ultra-deepwater semi-submersible rig Mærsk Deliverer. Mærsk Deliverer has been on contract with CABGOC since May 201
