Dana Petroleum, an oil and gas exploration and production company, has started drilling operations on its high impact exploration well, Manatee-1, on Bakassi West, offshore Cameroon. According to SDX Energy, an oil & gas exploration and production company and partner in the project, the well, which
Total E&P Norge is in the process of completing the drilling of wildcat well 34/6-4, offshore Norway. The well is dry. Total is the operator of production licence 554 located in the North Sea. The well was drilled about 6 kilometres northeast of the 34/6-2 S (Garantiana) oil discovery. The Norwegian
Offshore ultra-deepwater drilling company, Pacific Drilling, on Monday swung to a net loss for fourth-quarter 2015 of $13.6 million, compared to net income of $68 million in the corresponding period of 2014. Pacific Drilling’s contract drilling revenue for fourth quarter of 2015 was $267.6 million,
Statoil has informed that on Tuesday, March 1, 2016, the Deepsea Atlantic drilling rig started work on the first of a total of 35 wells to be drilled in the first phase of the Johan Sverdrup field development, in the North Sea, offshore Norway. “The Deepsea Atlantic drilling rig is currently predril
Plexus Holdings PLC, an oil and gas engineering services business, has received an additional purchase order from Det norske oljeselskap to supply surface wellhead and mudline equipment services for an exploration well on the Norwegian Continental Shelf, offshore Norway. The value of this latest ord
Semco Maritime, an international engineering company, is to refurbish and service semi-submersible rig Island Innovator. The rig will arrive at Semco Maritime’s dock area at Hanøytangen, Bergen, in early March. Island Innovator is owned by Island Drilling and operated by Odfjell Drilling. The rig is
Awilco Drilling, a UK-based drilling contractor that owns two semi-submersible drilling rigs, has informed that one of its rigs is waiting for project acceptance before contract re-start for Apache North Sea. According to Awilco, the WilPhoenix semi-submersible drilling rig remains berthed at Hartle
Odfjell Drilling, an international drilling, well service and engineering company, on Monday posted a profit for the 4Q 2015 that was positively impacted by a reversed tax expense. Odfjell Drilling’s net profit for the 4Q 2015 was $37 million, compared to a loss of $26.8 million in the corresponding
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website, according to which the U.S. offshore rig count is up by two rigs. BHI Rig Count: U.S. -12 to 502 rigs U.S. Rig Count is down 12 rigs from last week to 502, with oil rigs down 13 to 400, and […]
Rowan Companies, a global provider of contract drilling services, on Friday posted net income of $124.4 million for the 4Q 2015, compared to $326.9 million loss in the prior-year quarter. For the prior-year quarter, the company reported a net loss of $326.9 million, which included a non-cash asset i
Songa Offshore, an international midwater drilling contractor, has returned to profit and doubled its revenues in the fourth quarter of 2015 when compared to the same period the year before. The drilling contractor came back from a loss of $51 million in the 4Q 2014 to a $34 million profit in the fo
Norwegian Petroleum Safety Authority (PSA) has granted consent to Wintershall to drill two exploration wells, in the North Sea, using the Borgland Dolphin drilling rig. The two wells, 35/8-6S and 35/8-6A, are located in Wintershall-operated production licence 248, offshore Norway. According to the s
Singapore’s SBI Offshore announced on Thursday that a consortium of six Middle East-Chinese parties have terminated a $24 million worth jack-up drilling rig design and engineering contract it had with SBI. SBI Offshore said that the consortium filed a termination request in view of the downturn in t
Soco International, an oil and gas exploration and production company, has found on hydrocarbons present in the Baobab Marine-1 (BABM-1) commitment well, offshore Congo. Soco started drilling the BABM-1 commitment well, in the Mer Profonde Sud Block located in the Lower Congo Basin, on February 5, 2
