Hercules Offshore, a U.S.-based offshore drilling contractor has received a notice from Saudi Aramco extending the previously announced termination date for one of its jack-up rigs. The termination for the Hercules 261 unit has now been postponed to May 31, 2015. “As previously disclosed, we are in
In the first quarter of the year, U.S. offshore drilling contractor Hercules Offshore laid off almost 40 percent of its workforce. This was revealed yesterday at a conference call by the company’s CEO, John T. Rynd. As Offshore Energy Today has reported earlier, if seismic contractors are the first
Virtual Marine Technology, a Canadian simulation services provider, announced it has installed its first lifeboat simulator system in Norway. The simulator was installed onto Prosafe’s Safe Boreas accommodation vessel in Stavanger. The simulator system was unveiled in as an element of the vessel’s s
BP has confirmed today it has kicked off drilling on the Loyal field in the North Sea, using the new-build, semi-submersible rig Deepsea Aberdeen. This marks the start of a seven year drilling campaign west of Shetland, UK. Deepsea Aberdeen is contracted to drill wells across the Schiehallion and Lo
South Korean ships and drilling rigs builder Hyundai Heavy Industries has reported its net loss for the 1Q of the year widened to 125.2 billion ($117.2 million) won from 37.9 billion won ($35.5 million) quarter on quarter. The company’s sales declined 11.7 % quarter-on-quarter from 13.8461 trillion
Shell Norge is reportedly planning to drill an exploration well 6407/10-4 in Portrush prospect located in the Norwegian Sea. According to petro.no, the well will be drilled with Transocean’s semi-submersible drilling rig Transocean Barents. Portrush is located in the production licence (PL) 793 whic
National Drilling Company (NDC), Abu Dhabi, has exercised one of its existing options and awarded a contract to Lamprell for the construction and delivery of a high specification jack-up drilling rig. Lamprell has previously been awarded contracts by NDC for a series of eight rigs and this ninth rig
The Abrams Environmental Law Clinic at the University of Chicago Law School and international ocean advocacy group Oceana yesterday called for the U.S. Securities and Exchange Commission (SEC) open a formal investigation into disclosures by Royal Dutch Shell plc concerning the company’s activities i
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Norge AS a drilling permit for well 35/12-5 S, in the Norwegian North Sea. Well 35/12-5 S will be drilled from the Transocean Arctic semi-submersible drilling rig after completing the drilling of wildcat well 6406/2-8 for Wintershall
Wintershall Norge AS, operator of production licence 589, is about to complete drilling of wildcat well 6406/2-8, in the Norwegian Sea. The well proved oil. The well was drilled about 20 kilometres south of the Kristin field in the Norwegian Sea and 190 kilometres northwest of Kristiansund. The obje
Singapore’s Sembcorp Marine, a company building offshore drilling rigs, has achieved a net profit of $106 million for the three months ended March 31, 2015, which represented a 14% decline compared with $122 million in 1Q 2014. Group turnover for three months ended March 31, 2015 declined 2% year-on
Four Petrobras’ oil platforms offshore Brazil have been shut down on Friday (April 24) after a leak was detected on a pipeline connecting them. According to Reuters, the leak was detected in the Camorim field, 16 kilometers off the coast of the city of Aracajú, coming from the pipeline that is linki
Falck Safety Services (Falck), has recently enhanced its fire training asset, installing a new three-storey fire rig, located at Aberdeen Airport. The new investment, working in partnership with The Fire Training Group (FTG), will enable Falck to continue to provide offshore workers with fire traini
Last week was all about thirty fourth IHS CERAWeek conference in Houston, so naturally some of the most read articles on Offshore Energy Today include the stories reported by our team attending the conference. The speech made by Statoil’s CEO Eldar Sætre during IHS CERAWeek conference tops our list
