Atwood Oceanics’ ultra-deepwater drillship Atwood Achiever has been awarded a contract extension with a reduced dayrate. Namely, Kosmos Energy, an independent oil and gas exploration and production company, said on Thursday the contract for the drillship was extended by one year, but the dayrate was
Norwegian oil and gas major Statoil, operator of production licence 169, has concluded the drilling of wildcat well 25/11-28, offshore Norway. The well is dry. The company received a drilling permit from the Norwegian Petroleum Directorate (NPD) to drill the well in August 2015. The well was drilled
The Petroleum Safety Authority Norway (PSA) has carried out an audit of COSL Drilling’s follow-up of anchoring systems. Since 2010, there have been a number of anchor line failures on the Norwegian Continental Shelf. The PSA says that during the period, COSL experienced a double line failure on the
New Jersey Congressman Frank Pallone, Jr. , Ranking Member of the House Energy and Commerce Committee, on Monday expressed his support for the decision by Royal Dutch Shell to stop offshore oil and gas exploration in the Arctic. Namely, Shell informed on Monday it would back away from drilling in th
Hibiscus Petroleum is experiencing yet another delay in drilling the Sea Lion-1 exploration well, offshore Australia, as the bad weather is preventing a rig handover. 3D Oil Limited, a partner in the permit VIC/P57, said on Tuesday that the handover of the West Telesto jack-up rig from Origin Energy
Norway’s Sebastian AS will train the crew of new semi-submersible drilling rigs to be operated by Statoil in Norway. The rigs, built in South Korea, are owned by Songa Offshore drilling contractor. The first of four rigs, the Songa Equinox, will arrive in Norway in mid-October. According to the rig’
Ithaca Energy, the operator of the Greater Stella Area in the UK North Sea, has reached an agreement with Petrofac in respect of the “FPF -1” floating production facility contract awarded in 2011. According to Ithaca, the agreement will provide enhanced incentivisation for the timely delivery of the
Stone Energy Corporation, an independent oil and gas company, has informed that Vernaccia exploration well, in the Gulf of Mexico, is scheduled to spud by early October 2015. The prospect is operated by Italian company Eni. The Vernaccia exploration well, in Mississippi Canyon Block 35, targets the
Falkland Oil and Gas Limited (FOGL) has reached an agreement with Premier Oil and Rockhopper Exploration to drill a further well on the Isobel/Elaine complex, offshore the Falkland Islands. The Isobel Deep exploration well was spudded in April 2015 and an oil discovery was announced in May. The well
Noble Energy has restarted drilling of the Humpback exploration well in the South Falklands Basin, offshore the Falkland Islands. The well was spudded on June 13, 2015. The completion of the well was delayed in August due to a series of unforeseen equipment and operational issues. This delay extende
Inpex Corporation announced Thursday that the Inpex-operated Ichthys LNG project, located off Australia, launched its central processing facility (CPF) on September 19, 2015 from the offshore floating dock at the Samsung Heavy Industries’ shipyard in Geoje, South Korea, where it is being constructed
Primeline Energy Holdings Inc. Wednesday announced the drilling of its LS23-1-1 exploration well, in the East China Sea, has started, tapping into resources near its LS36-1 gas field production facility. As Primeline recently reported, its drilling contractor China Oilfield Services Ltd started to t
Maersk Drilling has been awarded a new contract for the jack-up rig Maersk Resilient with Danish oil company Maersk Oil. The firm contract is for three years with an estimated contract value of $110 million. The contract is expected to start in October 2015, and Maersk Resilient will do work at vari
Transocean, an offshore drilling contractor, has laid up three of its rigs. According to its latest fleet status report, Transocean laid up its semi-submersible drilling rig, the Transocean Barents, the midwater floater GSF Rig 140 and high-spec jack-up rig GSF Galaxy II. The semi-sub Transocean Bar