Quadrant Energy will begin drilling the Roc-1 well located in licence WA-437-P, offshore Western Australia, and adjacent to the recent Phoenix South-1 oil discovery by Apache, in November. Australian Quadrant Energy, the operator of the licence, contracted the Noble Tom Prosser jack-up rig to drill
Lloyd’s Register Energy this week, during the Offshore Europe event in Aberdeen, carried out a survey asking participants what they thought were the offshore oil and gas industry’s top issues. More specifically, the question was “Aside from costs and profitability, what do you see as the most signif
Norway’s engineering and construction company Kvaerner has signed the final contract for delivery of the steel jacket for the drilling platform to be deployed at the Statoil-operated Johan Sverdrup field. On June 26, 2014 Kvaerner entered into a frame agreement for delivery of steel jacket substruct
Lundin Norway has received a permit to drill an appraisal well 7220/11-3 A in the Barents Sea, offshore Norway. The Norwegian Petroleum Directorate (NPD) has granted Lundin the permit to drill the well in production licence 609, north-west of Hammerfest. Lundin Norway AS is the operator with 40 perc
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit to drill well 16/1-25 S in the North Sea, offshore Norway. According to the NPD, the well 16/1-25 S will be drilled from the Bredford Dolphin drilling rig, south of the Edvard Grieg field, in production licence
The worldwide offshore rig count moved to 308 active units in August, up by 9 from 299 in July 2015, and down 73 from August 2014, Baker Hughes reported Tuesday. According to the report, the international offshore rig count for August 2015 (excluding the U.S. and Canada) was 270, up 6 from the 264 c
Ensco, an offshore driller based in the UK, has said it will lay off more workers in order to reduce cost and improve efficiency. The company said on Tuesday it would reduce onshore support positions by an additional 14% to achieve an $30 million in annual savings. It also said it would increase off
Archer (UK) Limited announced today that Apache has exercised the first of two options to extend its existing contract with Archer for the provision of Platform Drilling Services for a period of one year. “We are very pleased to have been awarded this contract extension. It is excellent news for Arc
AWE Limited, an Australian energy company taking part in the BassGas project, has advised that the Yolla-5 development well, offshore Australia, has been successfully tied-in to export facilities on the Yolla platform and production from that well has started. Origin Energy, the operator of the proj
Plexus Holdings PLC, an oil and gas engineering services business and Aquaterra Energy Ltd, an international energy engineering solutions company, have signed an agreement to jointly supply High Pressure/ High Temperature dual barrier marine risers utilising Plexus’ POS-GRIP technology for the use o
Norwegian drilling company Odfjell Drilling has won a drilling rig contract from Wintershall Norge AS, as part of the recently approved Maria field development in the Norwegian Sea. Under the agreement, Odfjell Drilling will provide the semi-submersible drilling rig Deepsea Stavanger for the drillin
Russian oil giant Rosneft has ordered two reinforced ice-class multi-functional support vessels. The deal was signed last week with the Far Eastern Shipbuilding and Ship Repair Center (FESRC) during the Eastern Economic Forum. Rosneft will have the option to order two more similar serial-built vesse
U.S. offshore rig count has risen this week, compared to the previous one, but is still way down compared to the same period a year ago, Baker Hughes revealed Friday in its Weekly Rig Count report. The overall U.S. rig count fell. BHI Rig Count: U.S. -13 to 864 rigs U.S. Rig Count […]
Low oil prices put a dent in South Korea’s exports numbers for August 2015, but the country still ended the month with a trade surplus. The country’s ministry of trade industry and energy on Tuesday said that in August, exports showed their biggest monthly decline this year due to the drop in oil pr
