CIMC Raffles’ shipyard in Yantai, China has completed repair works on two semi-submersible offshore drilling units (MODU) of the sixth generation, Polyarnaya Zvezda and Severnoye Siyaniye. The repairs have been completed under a survey by the classification society Russian Maritime Register of Shipp
The Norwegian Petroleum Directorate (NPD) has granted the Norwegian oil company Statoil a drilling permit for a wildcat well in the North Sea, offshore Norway. The drilling program for well 30/11-13 relates to the drilling of a wildcat well to be drilled from Songa Offshore’s Songa Delta drilling ri
Songa Offshore’s semi-submersible drilling rig Songa Encourage has received an Acknowledgment of Compliance from the Norwegian authorities making it the sixtieth offshore mobile facility to receive this declaration. An acknowledgement of compliance (AoC) is a declaration the Norwegian offshore safet
Offshore drilling contractor Paragon Offshore has received two contract extensions and one contract termination for its jack-up drilling rigs. According to Paragon’s latest fleet status report, the contract for Paragon’s 1979-built jack-up drilling rig Paragon M1162, operating in the UAE, was extend
Keppel Corp., a Singapore conglomerate, posted a 41 percent drop in net profit for the first quarter of 2016. The company’s profit was negatively affected by Keppel’s offshore rig building business, Keppel Offshore & Marine, as the low oil prices are taking a toll on everybody linked to the oil and
UK’s Hurricane Energy has conditionally raised funds for its exploration campaign in the North Sea, west of Shetland Islands. The company on Monday said that £52.1 million would be raised through a proposed issue of 347,245,265 New Ordinary Shares at a price of 15 pence per share, subject to shareho
Oil and gas company Cairn Energy has spudded the fourth exploration well in the ongoing evaluation program offshore Senegal, testing the SNE oil discovery. According to Far Ltd, a partner in the project, the SNE-4 well was spudded during the weekend using the Ocean Rig Athena drillship. The well is
U.S offshore rig numbers rose this past week, Baker Hughes said in its Weekly Rig Count report posted on Friday. BHI Rig Count: U.S. -3 to 440 rigs U.S. Rig Count is down 3 rigs from last week to 440, with oil rigs down 3 to 351, and gas rigs remain unchanged at 89. U.S. Rig […]
The Obama administration has announced final well control regulations with the aim to reduce the risk of an offshore oil or gas blowout. According to statement issued by the Department of Interior, the regulations represent one of the most significant safety and environmental protection reforms the
China’s COSL Drilling has obtained a contract extension for one of its jack-up drilling rigs. The driller said that the Hai Yang Shi You 937 jack-up rig will continue working for Indonesian oil company Saka. COSL said that the Indonesian state-owned offshore oil exploration and development company h
Offshore drilling contractor Noble Corporation has received a two-year contract extension for a jack-up drilling rig, stacked two semi-subs, and reduced dayrates for two drillships. In its latest fleet status report, Noble said that the contract for the jack-up drilling rig Noble Hans Deul was exten
Offshore drilling contractor Sevan Drilling and China’s Cosco shipyard have agreed to exercise the second six-month option to delay the delivery of Sevan’s newbuild rig, the Sevan Developer. Sevan Drilling and Cosco have agreed to exercise the second six-month option to extend the deferral agreement
Chinese shipyard CIMC Raffles has delivered its latest jack-up drilling rig – the Kan Tan Qi Hao. The rig was delivered to Sinopec Shanghai Offshore Petroleum Bureau on Tuesday, by Yantai CIMC Raffles yard. According to CIMC Raffles, the rig, classed by ABS, can operate a minus 20 Celsius temperatur
Less then a week before the six anniversary of the 2010 Deepwater Horizon blowout, the Obama administration is reportedly set to release a regulation aiming to seek a more stringent design for well control equipment. According to reports by Bloomberg, AP, and Reuters, all of which cited an unnamed e
