Statoil has received notification of order from the Petroleum Safety Authority (PSA) Norway following audits at Oseberg B and Gullfaks C, both located in the Norwegian North Sea. A notification of order is a step in the PSA’s case processing in which the regulator requests the party to assess the fa
McDermott International, Inc. has been awarded an offshore contract by Petróleos Mexicanos (PEMEX) for the engineering, procurement, construction, installation (EPCI) and pre-commissioning of the Ayatsil-C replacement jacket and associated deck installation. According to the press release, the value
Paragon Offshore plc, a provider of offshore drilling rigs to the oil and gas industry, announced that its subsidiaries, which were part of the company’s acquisition of Prospector Offshore Drilling S.A., have entered into a combined $300 million sale-leaseback financing facility with subsidiaries of
Lundin Petroleum AB, through its wholly owned subsidiary Lundin Norway AS, has completed the drilling of wildcat well 33/2-2 S, offshore Norway. The well is being plugged and abandoned as an uncommercial oil discovery. The well investigated the hydrocarbon potential of the Morkel prospect in PL579,
Twelve groups have announced their intent to bring a new challenge to a Lease Sale which sold nearly 30 million acres of the Chukchi Sea’s outer continental shelf for oil and gas drilling and which the courts have twice sent back to the U. S. Department of Interior. To remind, Shell plans to spend a
After Hercules Offshore yesterday said that Saudi Aramco would slash the dayrates for three Hercules Offshore’s jack-up rigs, the company’s has issued a separate statement providing more details. The Saudi Arabian oil company yesterday withdrew its previously issued contract termination for Hercules
Hercules Offshore, Inc., a U.S.-based offshore drilling contractor, has received a notice from Saudi Aramco withdrawing the previously issued notice of contract termination for the Hercules 261 jack-up rig. To remind, Hercules Offshore first received the notice of termination from Saudi Aramco in Fe
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website. U.S. Offshore rig remains unchanged from the previous week, but slightly down when compared to the same period of 2014. BHI Rig Count: U.S. -10 to 875 rigs U.S. Rig Count is down 10 rigs from last week t
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), is on track to deliver three KFELS B Class jack-up rigs to Mexican company, Grupo R. According to Keppel, a world’s first triple rig naming ceremony was held on May 30, 2015, at Keppel FELS’ ya
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for wells 15/6-13 A and B, in the North Sea. According to the NPD, the wells 25/6-13 A and B will be drilled from the Songa Trym drilling rig near the Gina Krog field in the central part of the North Sea. [&
Seadrill, one of the world’s largest drilling contractors, today said that the drillers’ market outlook remains bleak for the remainder of 2015, possibly extending throughout 2016 as well. “Despite the recovery in the oil price during the first quarter, oil companies are continuing to take a cautiou
Mermaid Maritime Public Company’s drilling associate, Asia Offshore Drilling Limited (AOD), has reached an agreement with its customer Saudi Arabian Oil Company (Saudi Aramco) to reduce the operating day rates for three jack-up rigs. The rigs in question are AOD I, AOD II, and AOD III and their day
Premier Oil has announced an oil discovery at the Isobel Deep exploration well 14/20-1 in the North Falkland Basin, offshore the Falkland Islands, approximately 30km south of the Sea Lion field. According to Premier, the Isobel Deep exploration well has been drilled to a depth of 8,289 feet reaching
The exploration drilling on the Zumba prospect in production licence 591 in the Norwegian Sea started yesterday, May 27, 2015. The prospect is located on the Haltenbanken in the Norwegian Sea, approximately 14 km southeast of the Heidrun field. The well 6507/11-11 is being drilled by the Leiv Eiriks
