While many of its peers are looking to cut costs by slashing jobs, KCA Deutag, a drilling and engineering contractor headquartered in Aberdeen, is recruiting 300 new offshore workers. According to Offshore.no, a Norwegian-language website covering the country’s offshore oil and gas industry, the rec
Noble Corporation, a UK-based offshore driller, will have to postpone a rig delivery to its client Statoil, following a crane collapse incident that happened in a Sembcorp Marine shipyard in Singapore on February 28 in which three workers were injured. According to the company, an initial investigat
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum drilling permits for two wells, well 30/11-11 S and well 30/11-11 B, offshore Norway. Both wells will be drilled from Songa Offshore’s Songa Delta drilling rig and in production licence 035, Krafla, in the Norwegian section of t
Offshore drilling contractor Paragon Offshore has posted a loss for the fourth quarter of 2015 due to impairment charges. The company on Thursday reported a fourth quarter 2015 net loss of $23.3 million, as compared to fourth quarter 2014 net income of $2.8 million. According to the drilling contrac
Offshore driller Hercules Offshore has seen cuts in dayrates for three of its drilling rigs operating in Saudi Arabia. Hercules Offshore on Thursday said that it received from Saudi Aramco on March 9, 2016, a notice reducing the dayrates under its five year contracts for the Hercules 261 and Hercule
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine, is on track to deliver a fifth high-specification accommodation semi-submersible to Floatel International. The semi, which is built to Keppel’s SSAUTM 5000NG design, was named Floatel Triumph during a ceremony held earlier on Friday
The Norwegian Petroleum Directorate (NPD) has granted Det norske oljeselskap a drilling permit for well 16/1-26 S, offshore Norway. The well 16/1-26 S will be drilled from the Maersk Interceptor jack-up drilling rig in production licence 001 B, in the Norwegian sector of the North Sea. The drilling
Transocean’s semi-submersible rig Transocean Arctic does not meet all the requirements when it comes to the management of emergency preparedness and the working environment, the Norwegian Petroleum Safety Authority said after it carried out an inspection of the rig from December 7 to 10, 2015. The o
Semco Maritime has won a contract with Paragon Offshore for intermediate classification and service works on the semi-sub drilling rig Paragon MSS1. The work on the 1979-built rig will be done in order to prepare the rig for a recently won contract in the North Sea. The service works will be perform
Deepwater drilling contractor Ocean Rig on Monday, March 7, 2016, signed a drilling contract for one of its semi-submersible drilling rigs, the Leiv Eiriksson, with Lundin Norway. The drilling contract is for a minimum of 3 wells, for drilling offshore Norway, with an estimated backlog of approximat
Rosneft Vietnam B.V., a company of Russia’s Rosneft group, has started drilling the exploration well PLDD-1X at Block 06.1, in the Nam Con Son basin, located offshore Vietnam. This is Rosneft’s first drilling project as an operator in the international waters. The design depth of the well will be ar
Ocean Rig, an international contractor of offshore deepwater drilling services, has posted a net loss for the fourth quarter of 2015 due to impairment charges. The drilling contractor on Tuesday posted a net loss of $174.4 million for the fourth quarter of 2015, compared to a profit of $87.5 million
Severe weather has caused trouble for the oil major Shell’s drilling operations offshore Nova Scotia. Namely, a piece of equipment connecting a rig to the well during drilling fell to the seabed. The incident occurred on Saturday, March 5, on the 228-meter DP class 3 drillship Stena IceMAX, owned by
Norwegian workers’ unions demanded a meeting with the Norwegian Ministry of Petroleum and Energy over Statoil’s termination and suspension of COSLInnovator and COSLPromoter contracts, respectively, warning that 600 jobs could be lost. To remind, Norwegian oil company Statoil terminated a contract wi
