Japan’s JX Nippon has completed drilling of the Bestari-2 appraisal well, offshore Sabah, Malaysia, and according to Santos, a partner in the project, the initial results are in line with expectations. The well, testing the Bestari oil discovery, located offshore Malaysia in the Block R Production S
Prosafe, world’s largest provider of offshore accommodation rigs, will lay-up one of its flotels. According to the company’s update, the Jasminia flotel remained off hire in the fourth quarter of 2015, and will now be moved to a lay-up location. The Jasminia, currently in Mexico, has been out of con
Keppel FELS, a subsidiary of Keppel Offshore & Marine (Keppel O&M), has delivered Halul, a KFELS B Class jack-up rig, to Gulf Drilling International (GDI) of Qatar. According to Keppel, the rig was completed on January 21, 2016, which is ten days ahead of schedule. Also, it is the first rig that Kep
Lundin Petroleum’s Norwegian subsidiary, Lundin Norway, has started drilling the exploration well 16/4-10 on the Fosen prospect, offshore Norway. The well is located approximately 27 km south of the Edvard Grieg field and 11 km south of the Luno II discovery on the Utsira High on the Norwegian Conti
Swedish operator Lundin Petroleum has completed the Bambazon exploration well in Block SB307/SB308, offshore East Malaysia. The Bambazon well encountered approximately 15 metres of net logged reservoir pay with oil shows over three main reservoir intervals and the well has been plugged and abandoned
The U.S. offshore rig count managed to climb up last week, Baker Hughes, one of the world’s largest oilfield services provider, informed in its latest Weekly Rig Count report. BHI Rig Count: U.S. -13 to 637 rigs U.S. Rig Count is down 13 rigs from last week to 637, with oil rigs down 5 to 510, and [
South Korea’s Hyundai Heavy Industries, one of the world’s largest builders of offshore drilling rigs used by the international oil and gas industry, plans to shut down its rig construction yard due to scarce new orders. The drop in orders has been caused by low oil prices, and lack in demand for oi
It seems like bad news for the offshore drillers will never stop, as another one has lost a rig contract today. This time it is Ocean Rig UDW, a drilling company run by the Greek shipping mogul, George Economou. In a brief statement on Thursday, the driller said that “due to the dramatic fall of the
Rowan Companies, an offshore drilling contractor, has been awarded a contract for one of its jack-up rigs from BP in Trinidad. According to Rowan’s latest fleet status report, the company’s high-spec jack-up drilling rig Joe Douglas was awarded a 300-day contract at a dayrate of $157,000. The contra
Heerema Fabrication Group, the Netherlands-based manufacturer of large structures for the oil and gas industry, has informed through social media that the Alba B3 topside and jacket have been installed at the Alba field, offshore Equatorial Guinea. The platform sailed away from the Netherlands towar
Vietnam’s Ministry of Foreign Affairs (MOFA) has warned China to withdraw its drilling rig from the disputed sector of the South China Sea. China quickly responded that the rig was not located in the disputed waters and urged Vietnam to meet it half way in resolving the issue. MOFA has been tracking
Petsec Energy, an independent oil and gas exploration and production company, informed on Wednesday that a platform jacket will be fabricated and installed over the Main Pass Block 270 #3 BP 1 well on the Hummer exploration prospect, in the U.S. Gulf of Mexico. The well is located in U.S. federal of
Lundin Petroleum has completed the drilling and evaluation of exploration well 6407/10-4 on the Lorry prospect, in the Norwegian Sea. The well was dry. The well is located in PL700B, on the northern part of the Frøya High in the southern Norwegian Sea. The primary exploration target for the well was
The second appraisal well to be drilled on the Cairn Energy-operated SNE oil field, 100km offshore Senegal, has been re-entered and will now be drilled to planned total depth. The SNE-3 well, located approximately 3km south of the initial SNE-1 discovery well, will further evaluate the potential of
