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Exploration & Production

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Business & Finance
Protests against Shell in Seattle intensify
Exploration & Production

Protests against Shell in Seattle intensify

Dozens of protesters in kayaks gathered in the Port of Seattle on Saturday to protest against Shell’s Arctic drilling plans. The event followed a similar protest held Thursday where the ‘kayaktivists’ welcomed the semi-submersible rig into the port with signs such as “Shell No Seattle Loves The Arct

about 11 years ago
Floatel Victory flotel on its way to Westcon for upgrade job
Exploration & Production

Floatel Victory flotel on its way to Westcon for upgrade job

Norway’s Westcon Yard has informed that the Floatel Victory flotel will be arriving at its yard in Ølensvåg, Norway today, May 18, 2015. The rig will take its place next to semi-sub Transocean Leader that arrived in February and flotel Safe Scandinavia that arrived in March for a conversion work int

about 11 years ago
Drillship Deepsea Metro I to drill offshore Vietnam for VietGazprom
Exploration & Production

Drillship Deepsea Metro I to drill offshore Vietnam for VietGazprom

Odfjell Drilling has secured new employment for Deepsea Metro I drillship through signing a contract with VietGazprom in Vietnam. The area of operation is in blocks 130 and 131 offshore Vietnam. According to Odfjell, the contract is expected to start mid Q3 2015 and last for approximately 20 weeks w

about 11 years ago
Encana halts Deep Panuke production (Nova Scotia)
Exploration & Production

Encana halts Deep Panuke production (Nova Scotia)

The production from the Encana Corporation’s Deep Panuke platform, located offshore Nova Scotia, has been shut in. The production was shut in due to excess of water in its natural gas reservoir. In the 1Q 2015 results published on May 12, 2015, Encana President and CEO, Douglas James Suttles, said t

about 11 years ago
Maersk Drilling sees positive impact from rig fleet growth
Exploration & Production

Maersk Drilling sees positive impact from rig fleet growth

Maersk Drilling has delivered a profit of $168 million in the first quarter of 2015 compared to $116 million in the first quarter last year. The company says that the result was positively impacted by fleet growth and continued good operational performance, but partly offset by two rigs being idle.

about 11 years ago
Suncor Energy wraps up appraisal well drilling in North Sea
Exploration & Production

Suncor Energy wraps up appraisal well drilling in North Sea

Suncor Energy Norge AS, operator of production licence 375, has completed drilling of appraisal well 34/4-14 S in the oil discovery 34/4-11, in the North Sea. The discovery was proven in 2010, and is located approximately 20 kilometres northwest of the Snorre field in the North Sea. The reservoir is

about 11 years ago
OMV bites dust in Barents Sea wildcat
Exploration & Production

OMV bites dust in Barents Sea wildcat

OMV (Norge) AS, operator of production licence 537, is in the process of concluding the drilling of wildcat well 7324/8-2, in the Barents Sea. According to the Norwegian Petroleum Directorate (NPD), the well is dry. The well was drilled about 6 kilometres southeast of oil discovery 7324/8-1 “Wisting

about 11 years ago
Indian Minister of State P&NG visits ONGC’s offshore facilities
Exploration & Production

Indian Minister of State P&NG visits ONGC’s offshore facilities

Dharmendra Pradhan, Indian Minister of State Petroleum & Natural Gas visited the Oil and Natural Gas Corporation (ONGC) installations and facilities in the Mumbai High Western Offshore yesterday, May 14, 2015. According to the press release from ONGC, the Minister visited the Rig-Virtue 1 to have an

about 11 years ago
Prosafe sees potential for new contracts. Net profit up
Exploration & Production

Prosafe sees potential for new contracts. Net profit up

Prosafe, world’s largest provider of offshore accommodation rigs, has reported its net profit for the first quarter of 2015 of $27 million, up from $18 million in the first quarter of 2014. The company’s operating profit for the first quarter amounted to $55.4 million versus $22.9 million in the sam

about 11 years ago
More hurdles for Shell’s Arctic drilling plans
Exploration & Production

More hurdles for Shell’s Arctic drilling plans

While Shell may have received a conditional approval by the U.S. Bureau of Ocean Energy Management to drill for oil in the Chukchi Sea offshore Alaska, it has yet to skip a Port of Seattle hurdle. Namely, the company may not be able to dock its two Arctic-bound drilling rigs in the Port’s Terminal 5

about 11 years ago
BP to start drilling at Juniper field
Exploration & Production

BP to start drilling at Juniper field

BP Trinidad and Tobago LLC (BPTT) has announced that the Ocean Victory semi-submersible drilling rig has arrived in Trinidad and Tobago. The company said that the drilling operations are expected to start in May. After taking on personnel, equipment and supplies, the rig, which is owned and operated

about 11 years ago
‘Arendal Spirit’ reaches Brazil (VIDEO)
Exploration & Production

‘Arendal Spirit’ reaches Brazil (VIDEO)

Earlier this month Teekay’s first offshore accommodation rig, Arendal Spirit, arrived to Rio de Janeiro, Brazil. After a long journey since its departure from the COSCO shipyard in China, the vessel was anchored and offloaded from the heavylifter in Brazilian waters. Arendal Spirit will now undergo

about 11 years ago
Tullow gains NPD nod for Zumba wildcat
Exploration & Production

Tullow gains NPD nod for Zumba wildcat

The Norwegian Petroleum Directorate (NPD) has granted Tullow Oil Norge AS a drilling permit for well 6507/11-11 in a prospect named Zumba located in the Norwegian Sea. The company recently received consent from the Petroleum Safety Authority Norway for drilling well 6507/11-11 with the Leiv Eiriksso

about 11 years ago
Green light for Shell to use Transocean Barents rig on Draugen (Norway)
Exploration & Production

Green light for Shell to use Transocean Barents rig on Draugen (Norway)

A/S Norske Shell has received consent from the Petroleum Safety Authority (PSA) Norway to use the Transocean Barents drilling rig to drill a production well on the Draugen field in the Norwegian Sea. According to PSA, Shell has applied for consent to drill a new production well designated 6407/9-G-5

about 11 years ago
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