Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the number of offshore rigs has remained unchanged when compared to the last week’s count. BHI Rig Count: U.S. -9 to 700 rigs U.S. Rig Count is down 9 rigs from last week to 700, with o
Drydocks World, the international oil and gas service provider, has completed the yard’s first Rig Integrity Assurance Program (RIAP) on the National Drilling Company-owned jack-up rig Diyina. This was also the first engineering, procurement, construction & commissioning (EPCC) concept rig project t
The Norwegian authorities have granted OMV, an integrated oil and gas company, their consent for drilling in the Barents Sea, offshore Norway. The Norwegian Petroleum Directorate (NPD) granted a drilling permit to OMV for the well 7324/7-3 S located in the Barents Sea. In addition, OMV received cons
Stone Energy, an independent oil and natural gas exploration and production company, has announced that its Amethyst well, in the U.S. Gulf of Mexico, will come online in January 2016. According to Stone’s operational update from Monday, the Ensco 8503 deep water drilling rig concluded completion op
Lundin Petroleum has completed the Rolvsnes exploration well 16/1-25 S, in the North Sea offshore Norway, as an oil discovery. The well was spud in October 2015. It is located in PL338C south of the Edvard Grieg field in the central North Sea sector of the Norwegian Continental Shelf (NCS). The well
The Norwegian Petroleum Directorate has granted a drilling permit to Total E&P Norge AS for well 1/5-5 in the North Sea, offshore Norway. The well, 1/5-5 will be drilled from the Maersk Gallant jack-up drilling rig. The drilling program for well 1/5-5 applies to drilling of a wildcat well in product
Amedeo Resources, an AIM quoted company investing primarily in the resources and energy sectors, has informed that the physical build of the jack-up rig Explorer 1 has been completed. The jack-up drilling rig, of the Le Tourneau Super 116E Class design, was Jiangsu Yangzijiang Offshore Engineering’s
KCA Deutag, a global drilling and engineering contractor, has sold its jack-up drilling unit, the Ben Loyal, to Egyptian-headquartered Advanced Energy Systems A.D.E.S. SAE for an undisclosed sum. According to the drilling contractor, the Ben Loyal had been continuously under contract in the Gulf of
The Norwegian Petroleum Directorate (NPD), a government agency whose task is to manage the oil and gas resources on the Norwegian Continental Shelf, has granted Wintershall a drilling permit for a wildcat well in the Barents Sea. The well 7224/2-1, in production licence 611, will be drilled from the
Baker Hughes Incorporated has posted Weekly Rig Count reports according to which offshore rigs have clawed up by one unit, compared to the previous week. BHI Rig Count: U.S. Unchanged at 709 rigs U.S. Rig Count is unchanged from last week at 709, with oil rigs up 17 to 541, and gas rigs down [&hel
Atwood Oceanics, an offshore drilling contractor, has agreed with Daewoo Shipbuilding & Marine Engineering (DSME) to delay the company’s requirement to take delivery of two newbuild ultra-deepwater drillships. According to the drilling contractor, delivery dates for Atwood Admiral and Atwood Archer
The New York Stock Exchange has suspended trading in shares of offshore driller Paragon Offshore, effective immediately. According to a statement by the drilling company the NYSE determined that Paragon’s ordinary shares were no longer suitable for listing based on “abnormally low” price levels. “As
Offshore driller Seadrill Partners LLC has decided to reduce the quarterly distributions to its shareholders. The company cited the depressed drilling market as the reason for the move. According to Seadrill Partners, the company will reduce the quarterly distribution to $0.25 per unit to its common
Noble Corporation, an offshore drilling contractor, has received a contract termination for one of its rigs from an oil major Royal Dutch Shell. According to Noble’s latest fleet status report, Shell has terminated the contract for the drillship Noble Discoverer “for convenience” and will pay Noble
