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Exploration & Production

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International offshore rig count on downward slope
Exploration & Production

International offshore rig count on downward slope

Baker Hughes published on Wednesday its monthly rig count report according to which the international offshore rig count for September 2015 was 268, down 2 from the 270 counted in August 2015, and down 65 from the 333 counted in September 2014. According to Baker Hughes, the international rig count

about 10 years ago
Yacht drifts near North Sea platform. Rescue operation in progress
Exploration & Production

Yacht drifts near North Sea platform. Rescue operation in progress

A rescue operation has been initiated to take control of a yacht drifting towards a natural gas platform in the North Sea, some 440 km to the Northeast of Aberdeen. According to the Scottish Television website STV.TV, the owner of the Harrier of Down yacht, sent a distress call Tuesday night saying

about 10 years ago
BP to pay $20.8 billion for Deepwater Horizon spill
Exploration & Production

BP to pay $20.8 billion for Deepwater Horizon spill

The U.S. Government and five Gulf states, Alabama, Florida, Louisiana, Mississippi and Texas, hit by the massive oil spill from the Deepwater Horizon blowout in 2010, have reached a settlement to resolve civil claims against BP. The global settlement is worth more than $20 billion. The explosion and

about 10 years ago
VIDEO: New Malampaya platform coming to its place
Exploration & Production

VIDEO: New Malampaya platform coming to its place

The video below shows Shell’s new gas production platform, which started production on Monday, offshore Palawan in the Philippines. In the time-lapse footage, one can see the platform being built, towed to its offshore location and linked to the existing Malampaya Shallow Water Platform with a 50 me

about 10 years ago
Perisai delays jack-up delivery
Exploration & Production

Perisai delays jack-up delivery

Malaysian Drilling contractor Perisai Petroleum has put off the delivery date of a new jack-up rig it ordered in 2013. The company said on Thursday it had agreed with PPL Shipyard Pte Ltd to delay the delivery date of the Perisai Pacific 102 rig to a date no later than March 31, 2016. The original d

about 10 years ago
Shell: Gas production starts from new Malampaya platform
Exploration & Production

Shell: Gas production starts from new Malampaya platform

Gas production has started from the new platform at the Malampaya field offshore Palawan in the Philippines. Malampaya Deep Water Gas-to-Power project joint venture partners – Shell Philippines Exploration, B.V. (SPEX), Chevron Malampaya LLC (Chevron) and the Philippine National Oil Company- Explora

about 10 years ago
Oil up as Russia mulls OPEC talks, rig count drops
Exploration & Production

Oil up as Russia mulls OPEC talks, rig count drops

By Christopher Johnson LONDON (Reuters) – Oil rose on Monday after Russia said it was ready to meet other producers to discuss the market, where prices have more than halved from last year’s highs due to a supply glut. A report showing a fifth weekly fall in the number of oil rigs drilling in the [&

about 10 years ago
Statoil to press pause on ‘Songa Trym’ contract
Exploration & Production

Statoil to press pause on ‘Songa Trym’ contract

Songa Offshore, an offshore drilling contractor, has informed that Statoil will suspend the Songa Trym contract after the current well, Tarvos, in the North Sea. The rig recently drilled a dry hole in production licence 169, in the North Sea, offshore Norway, and after that it was scheduled to drill

about 10 years ago
Lundin spuds Neiden wildcat
Exploration & Production

Lundin spuds Neiden wildcat

Lundin Petroleum’s wholly owned subsidiary Lundin Norway has started drilling of exploration well 7220/6-2 on the Neiden prospect in the Barents Sea. The Neiden prospect is located in the northern part of PL609, some 60 km northeast of the Alta discovery and approximately 200 km from the Norwegian c

about 10 years ago
PSA: ConocoPhillips needs to improve Ekofisk maintenance management
Exploration & Production

PSA: ConocoPhillips needs to improve Ekofisk maintenance management

The Petroleum Safety Authority Norway (PSA) has carried out an audit of ConocoPhillips’ maintenance management at Ekofisk C and J platforms of the Ekofisk Complex in the Norwegian part of the North Sea. The objective of the audit, conducted from June 18 to August 28, 2015, was to assess how ConocoPh

about 10 years ago
U.S. offshore rigs spiral downwards
Exploration & Production

U.S. offshore rigs spiral downwards

U.S. weekly offshore rig count has dropped from last week, Baker Hughes has reported in its weekly rig count covering U.S. and Canada. BHI Rig Count: U.S. -29 to 809 rigs U.S. Rig Count is down 29 rigs from last week to 809, with oil rigs down 26 to 614, gas rigs down 2 to […]

about 10 years ago
Hess takes jack-up rig from Petronas Carigali
Exploration & Production

Hess takes jack-up rig from Petronas Carigali

Malaysia’s Perisai Petroleum has informed that Hess Corporation has hired its Perisai Pacific 101 jack-up rig. The company explained in a Bursa Malaysia filing on Friday that the contract agreed between its 51%-owned subsidiary Perisai Offshore Sdn Bhd and Hess, was actually a farm-out agreement. Th

about 10 years ago
‘Maersk Giant’ getting ready for work with DONG Energy in the North Sea
Exploration & Production

‘Maersk Giant’ getting ready for work with DONG Energy in the North Sea

Danish drilling contractor Maersk Drilling has reported that its jack-up rig Mærsk Giant is being repaired due to a damaged spudcan. The Danish company in a tweet on October 1, said that the rig would be ready for the new contract start with DONG Energy in November. The Marine Traffic data show that

about 10 years ago
Safety watchdog: Gullfaks B escape routes not well maintained
Exploration & Production

Safety watchdog: Gullfaks B escape routes not well maintained

The Petroleum Safety Authority Norway (PSA) has carried out an audit of the management of emergency preparedness at Gullfaks B platform at the Statoil-operated Gullfaks oil and gas field in the Norwegian North Sea. According to the PSA, the objective of the audit conducted from September 9 to 11, 20

about 10 years ago
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