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Exploration & Production

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Project & TendersBusiness & FinanceEquipment
Gunashli fire: Six bodies found (Azerbaijan)
Exploration & Production

Gunashli fire: Six bodies found (Azerbaijan)

Dead bodies of six offshore workers, which went missing following the explosion of Socar’s Caspian Sea platform on Friday, have been found. According to the Azeri ministry for emergency situations, two bodies have been brought to shore, and the other four are expected to be recovered soon. This now

about 10 years ago
Husky: Further drilling planned for Bay du Nord discovery
Exploration & Production

Husky: Further drilling planned for Bay du Nord discovery

Statoil is advancing the appraisal work on the Bay du Nord oil discovery, offshore Newfoundland and Labrador, with plans for further drilling in 2016. The Norwegian oil and gas company Statoil is the operator of Mizzen, Harpoon and Bay du Nord discoveries, in the Flemish Pass Basin, with 65% interes

about 10 years ago
International offshore rigs stay on downward trend
Exploration & Production

International offshore rigs stay on downward trend

Baker Hughes, one of the world’s largest oilfield services companies, reported on Monday that the international offshore rig count for November 2015 has dipped when compared to the same period last year and October 2015 rig count. According to Baker Hughes’ report, the international offshore rig cou

about 10 years ago
Jack-up Maersk Guardian back on the water with new 5-year deal
Exploration & Production

Jack-up Maersk Guardian back on the water with new 5-year deal

Maersk Drilling has been awarded a contract with Maersk Oil for the jack-up rig Maersk Guardian for accommodation on various fields in the Danish part of the North Sea. According to Maersk Drilling, the firm contract duration is 5 years with a start date in September 2016. The contract includes two

about 10 years ago
IOG eyes Skipper well spud date
Exploration & Production

IOG eyes Skipper well spud date

Independent Oil and Gas plc (IOG), the North Sea-focused oil and gas company, has secured funds and set a spud date for its Skipper appraisal well, in the UK North Sea. Namely, on December 4, 2015, the company and its subsidiary IOG North Sea Limited entered into two loan agreements with GE O&G and

about 10 years ago
KrisEnergy spuds exploration well in Sakti (Indonesia)
Exploration & Production

KrisEnergy spuds exploration well in Sakti (Indonesia)

KrisEnergy, an independent upstream oil and gas company, has announced that the KS Java Star jack-up rig has started drilling of the Mustika-1 exploration well offshore Indonesia. The well is located in the KrisEnergy-operated Sakti production sharing contract, in the East Java Sea. The company says

about 10 years ago
Transocean clinches two-year deal offshore Canada
Exploration & Production

Transocean clinches two-year deal offshore Canada

Transocean, an offshore drilling contractor, announced on Monday that one of its rigs has been awarded a two-year contract offshore Canada. Transocean’s harsh environment semi-submersible drilling rig Henry Goodrich was awarded a contract with Husky Oil Operations Limited at a dayrate of $275,000. T

about 10 years ago
Statoil gets nod to use ‘COSLInnovator’ on Troll field
Exploration & Production

Statoil gets nod to use ‘COSLInnovator’ on Troll field

The Norwegian Petroleum Safety Authority (PSA) has given Statoil Petroleum its consent to use the COSLInnovator rig for drilling, completion, intervention, workover and well plugging on the Troll field, off Norway. In a letter sent to Statoil, the Petroleum Safety Authority Norway gave the company i

about 10 years ago
Muhibbah chooses SPT Offshore for Ophir wellhead platform services
Exploration & Production

Muhibbah chooses SPT Offshore for Ophir wellhead platform services

The Netherlands-based contractor SPT Offshore has received a Letter of Intent (LoI) from Muhibbah Engineering for the detailed design of the suction pile foundation, design supervision of the jacket and full transportation and installation (T&I) of the Ophir wellhead platform. Muhibbah is the Engine

about 10 years ago
U.S. offshore rigs down by five units
Exploration & Production

U.S. offshore rigs down by five units

Baker Hughes has posted its Weekly Rig Count reports, and the numbers are down, both offshore and onshore. BHI Rig Count: U.S. -7 to 737 rigs U.S. Rig Count is down 7 rigs from last week to 737, with oil rigs down 10 to 545, and gas rigs up 3 to 192. U.S. Rig […]

about 10 years ago
Prosafe raises $69 million
Exploration & Production

Prosafe raises $69 million

Prosafe, the world’s largest provider of offshore accommodation rigs, has raised NOK 590 million in gross proceeds through a private placement of shares.

about 10 years ago
Marathon abandons Solomon well in Gulf of Mexico
Exploration & Production

Marathon abandons Solomon well in Gulf of Mexico

Marathon Oil Corporation, an exploration and production company based in Houston, has abandoned its wildcat well in the U.S. Gulf of Mexico. Marathon said on Wednesday that the Solomon exploration well in the Gulf of Mexico had reached its total depth of approximately 34,600 feet on Walker Ridge Blo

about 10 years ago
NADL stalls West Rigel rig delivery
Exploration & Production

NADL stalls West Rigel rig delivery

North Atlantic Drilling Ltd. (NADL) has reached a standstill agreement with Singapore’s Jurong Shipyard for the delivery of the sixth generation harsh environment semi-submersible drilling rig, the West Rigel. The agreement for the semi-sub is effective until June 2016. The rig was previously slated

about 10 years ago
Safety watchdog gives green light for Songa Equinox rig
Exploration & Production

Safety watchdog gives green light for Songa Equinox rig

Songa Offshore, a Norway-based midwater drilling contractor, has received an approval from the Norwegian safety watchdog for the use of first out of its four Cat D drilling rigs, the Songa Equinox. Songa Offshore took delivery of the Songa Equinox from Daewoo Shipbuilding & Marine Engineering on Jun

about 10 years ago
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