VNG Norge, an exploration and production company from Norway, has submitted a proposed program for impact assessment for development and operation of the Pil & Bue project in the Norwegian Sea. The company plans to deliver a development plan in 2017. VNG Norge is the operator of the Pil & Bue discov
An unidentified Turkish-flagged ship reportedly blocked the sailing route of a drilling rig of the Crimean oil and gas company, Chernomorneftegaz, thereby creating an emergency situation. According to the company’s press statement from December 14, two jack-up rigs, B-312 and B-319, were being retur
Semco Maritime has entered into an agreement with Maersk Drilling for the expansion of accommodation rig Maersk Guardian, which will be inserted at various fields in the Danish part of the North Sea from September 2016. The company says that the DKK three-digit million order comprises installation o
KrisEnergy, an independent upstream oil and gas company, has completed drilling of the Mustika-1 exploration well in the Sakti production sharing contract (PSC) in the East Java Sea. The well will be plugged and abandoned as it is a non-commercial discovery. Mustika-1 was spud a week ago with the KS
Independent Oil and Gas plc (IOG), the North Sea-focused oil and gas company, has signed a rig contract with Transocean to procure the Transocean John Shaw semi-submersible rig to drill the company’s appraisal well on the Skipper oil discovery in the UK North Sea. The Skipper oil discovery is locate
After dropping by five units last week, according to Baker Hughes’ latest rig count reports, the number of offshore rigs has dropped once again. BHI Rig Count: U.S. -28 to 709 rigs U.S. Rig Count is down 28 rigs from last week to 709, with oil rigs down 21 to 524, and gas rigs down […]
Seven days since the blowout offshore Azerbaijan, the Gunashli 10 platform is still burning. The Azerbaijan Ministry of Emergency Situations on Thursday released a video showing several offshore vessels spraying the burning unit with water in the firefighting attempt. According to Azeri media, the s
Wintershall Norge AS, operator of production licence 248, is in the process of completing the drilling of a wildcat and appraisal well, in the Norwegian sector of the North Sea. According to the Norwegian Petroleum Directorate (NPD), the wildcat well 35/11-18 and the appraisal 35/11-18 A have been d
Freeport-McMoRan Oil & Gas has decided to further reduce costs for its oil and gas capital spending plans as a response to market conditions. The company previously reported it was deferring investments in several long-term projects in response to oil and gas market conditions. Following an ongoing
Seadrill Partners has secured one-year contract extensions for the T-15 and T-16 tender rigs with Chevron Thailand Exploration and Production, Ltd, a subsidiary of the U.S. based oil giant Chevron. According to Seadrill, the contracts will now expire in July and August 2019, respectively. The total
George Economou, CEO of Ocean Rig UDW, a provider of ultra-deepwater drilling services, expects 2016 will be challenging, and it will be tough obtaining new contracts for drilling rigs. The driller has posted a net income of $138.4 million for the third quarter of 2015. This is a rise compared to th
Songa Offshore, an offshore drilling contractor, has informed that its second Cat D drilling rig, Songa Endurance, arrived in Norway on December 3, 2015. The rig was expected to arrive in Norway in late November. According to the drilling contractor’s latest fleet status report, Songa Endurance has
The video above has been shared by the Azeri ministry of emergency situations. The footage, posted on YouTube on Monday afternoon, shows several offshore vessels fighting the fire aboard the Socar-operated Gunashli 10 platform in the Caspian Sea which burst into flames on Friday. The firefighting ef
Songa Offshore’s first Cat D rig, Songa Equinox, has started drilling operations at the Troll Field, offshore Norway, under its eight-year drilling contract with Statoil. The rig is now on operating rate, Songa Offshore, an offshore drilling contractor, reported on Monday. The rig’s dayrate with Sta
