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Exploration & Production

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Project & TendersBusiness & FinanceEquipment
Kindele-1 well offshore Angola disappoints VAALCO
Exploration & Production

Kindele-1 well offshore Angola disappoints VAALCO

VAALCO Energy, Inc. has announced that the post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola, was drilled to a total vertical depth of approximately 1,829 meters. VAALCO started drilling Kindele-1 well on March 2, 2015 with Celtic Sea semi-submersible drilling rig. Acco

about 11 years ago
Northern Offshore delays deliveries for two jack-up rigs
Exploration & Production

Northern Offshore delays deliveries for two jack-up rigs

Northern Offshore, Ltd. has negotiated a nine month delay in the deliveries of its high specification jack-ups, Energy Engager and Energy Encounter from a shipyard in China. The new delivery dates for these units are December 2016 and June 2017 respectively. President and CEO Gary Casswell commented

about 11 years ago
Neptune to move rigs for Apache
Exploration & Production

Neptune to move rigs for Apache

Neptune has been awarded an 18 month rig positioning and mooring services contract for Apache Energy Limited in Australia. The contract which has two possible 12 month extensions, will see Neptune mobilising survey equipment and personnel on-board the semi-submersible rigs, Ocean America and Ocean M

about 11 years ago
A day in history: This rig gave birth to Norwegian oil industry
Exploration & Production

A day in history: This rig gave birth to Norwegian oil industry

Norway is today Europe’s largest oil producer and exporter. However, it has not always been like that. According to the Norsk Olje & Gass, in a letter of February 1958 to the Ministry of Foreign Affairs, the Norwegian Geological Survey wrote the following:”The chances of finding coal, oil or sulphur

about 11 years ago
BP terminates drilling rig contract with Seadrill Partners
Exploration & Production

BP terminates drilling rig contract with Seadrill Partners

British oil giant BP has terminated a contract for the West Sirius semi-submersible drilling rig, owned by Seadrill Partners. In a statement issued today, Seadrill said the termination would become effective by early May 2015, following the rig completing the current well and demobilization. The rig

about 11 years ago
Brazil: Man arrested over rig contracts bribery allegations
Exploration & Production

Brazil: Man arrested over rig contracts bribery allegations

A person connected to drilling rigs construction contracts between Brazilian drilling contractor Sete Brasil and Singapore’s rig builder Sembcorp Marine, has been arrested. According to Sembcorp Marine, based on allegations by Petrobras’ former engineering manager Pedro Jose Barusco, Brazilian autho

about 11 years ago
U.S. offshore rig count heading down
Exploration & Production

U.S. offshore rig count heading down

Baker Hughes has reported in its Weekly Rig Count reports that, after a significant drop last week, the U.S. offshore rig count is still heading down. The U.S. Offshore rig count is 34, down 3 rigs from last week, and down 16 rigs year over year. U.S. Rig Count is down 21 rigs from last […]

about 11 years ago
Eni/Kogas drill dry well offshore Cyprus
Exploration & Production

Eni/Kogas drill dry well offshore Cyprus

Cyprus’ latest offshore well searching for natural gas has come up dry. According to the island country’s energy ministry, a consortium between Italy’s Eni and South Korea’s Kogas failed to discover exploitable hydrocarbons during their drilling effort at the Amathusa well. In a statement issued Thu

about 11 years ago
Hyundai Heavy: Year of uncertainties ahead
Exploration & Production

Hyundai Heavy: Year of uncertainties ahead

South Korea’s Hyundai Heavy Industries (HHI), one of the world’s largest shipbuilders and offshore rig builders, reported ‘below expectations’ 2014 results. HHI today held its 41st Annual General Meeting of Shareholders at Hanmaeum Cultural Center, Ulsan. The meeting agenda included approval for the

about 11 years ago
Statoil gets go-ahead from NPD for North Sea wildcat drilling
Exploration & Production

Statoil gets go-ahead from NPD for North Sea wildcat drilling

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for well 15/6-13, located in the North Sea. Well 15/6-13 S will be drilled from the Songa Trym semi-submersible drilling rig near the Gina Krog field in the central North Sea. In February, the company received con

about 11 years ago
PSA Norway investigates incident on West Venture rig
Exploration & Production

PSA Norway investigates incident on West Venture rig

The Petroleum Safety Authority (PSA) Norway has decided to instigate an investigation of a dropped object incident on the West Venture semi-submersible drilling rig. The incident occurred on West Venture’s drilling deck at 23:25 on Monday, March 23, 2015. A 90 kilo coupling sleeve fell six metres fr

about 11 years ago
Report: Vessel hits offshore platform in Iran
Exploration & Production

Report: Vessel hits offshore platform in Iran

A vessel has reportedly crashed into an offshore platform in the Persian Gulf, Iran, last night. According to the Azeri news agency Trend, the Bahraini commercial ship hit and damaged a platform in the giant South Pars gas field. The news agency further says that the ship collided with a platform du

about 11 years ago
Photo: Clair Ridge QUID module ready to set sail to Clair field (UK)
Exploration & Production

Photo: Clair Ridge QUID module ready to set sail to Clair field (UK)

Heerema Marine Contractors has informed through its social media page that the Clair Ridge QUID module has been lifted onto Dockwise’s Black Marlin vessel. Topside modules for the Clair Ridge development are being built in HHI fabrication facility in Ulsan, Korea. According to Heerema, the vessel is

about 11 years ago
Lundin spuds appraisal well in Barents Sea
Exploration & Production

Lundin spuds appraisal well in Barents Sea

Lundin Petroleum AB (Lundin Petroleum), through its subsidiary Lundin Norway AS (Lundin Norway), has announced that drilling of appraisal well 7220/11-2 in PL609, in the Barents Sea, has started. The Alta discovery is located 10 to 20 km northeast of Lundin Petroleum’s Gohta discovery in the Barents

about 11 years ago
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