Saudi Aramco has informed that the heavy lift barge Lan Jing completed the installation of the Hasbah tie-in platform (TP) using its 7,500-ton crane, carrying weight that reached about 5,000 tons – which is, according to the company, its new record for heavy lift operation. The new tie-in platform w
A semi-submersible drilling rig reportedly caught fire in the U.S. Gulf of Mexico on Friday, February 13, 2015. According to gCaptain, which was first to report the news, the U.S. Coast Guard confirmed the incident had happened on an offshore rig when a fire broke out in the engine room. gCaptain cl
Transocean, one of the world’s largest offshore drilling contractors, has said that its President and Chief Executive Officer Steven Newman will step down, effective February 16, 2015. Additionally, Newman has elected to resign as a Director of Transocean Ltd. Until a permanent replacement is named,
Keppel FELS Limited has delivered the ultra-harsh jack-up rig, Maersk Integrator, to Maersk Drilling, thirty days ahead of schedule. The rig was named at a ceremony held on February 14, 2015 in Keppel FELS by Margareth Øvrum, Executive Vice President, Technology, Projects and Drilling, Statoil. Maer
Lundin Petroleum has announced that drilling of exploration well 16/1-24 in PL338C southwest of the Edvard Grieg field, in the North Sea, has started. The company received consent from the Petroleum Safety Authority (PSA) Norway to drill this exploration well in January, 2015. The well will investig
BP Norge AS has received consent from the Petroleum Safety Authority (PSA) Norway for gas lift at Valhall water injection platform (IP). Valhall is an oil field in the southern North Sea in 70 metres of water. The field was originally developed with an accommodation platform, a drilling platform and
The Norwegian Petroleum Directorate (NPD) has informed that BG Group AS, operator of production licence 373 S, is in the process of completing the drilling of wildcat wells 34/3-4 S and 34/3-4 A, in the North Sea. The wells were drilled about 5 kilometres east of the Knarr field in the northern part
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the offshore rig count is up. BHI Rig Count: U.S. -98 to 1358 rigs U.S. Rig Count is down 98 rigs from last week to 1358, with oil rigs down 84 to 1056, gas rigs down 14 to […]
Seadrill has informed it will remove US$1.1 billion from the backlog reported in its third quarter earnings release on account of contract extensions for two semi-submersible rigs, the West Taurus and West Eminence, signed with Petrobras. “Due to recent developments within Petrobras, the company no
Norway’s Westcon Yards has been given the Special Periodic Survey (SPS) contract for the Transocean Leader drilling rig. According to Westcon, although the initial plan was for the rig to arrive in March, the rig will be in the Olensfjord tomorrow, February 14, 2014. “…Westcon Yards in Olen was noti
Eni Norge has entered into a contract with TOOLS for the provision of services and supplies to the Goliat FPSO, leading to a further buildup of activity for the supplier in Hammerfest. According to Eni, the contract extends over a period of three years, plus options, and includes the provisions of t
Hercules Offshore, a U.S.-based drilling contractor, has reported a net loss of $154 million for the fourth quarter 2014. The company’s 4Q 2013 loss was $101 million. Fourth quarter 2014 results included a pre-tax non-cash impairment charge of $117.0 million, as the company cold stacked five rigs, t
Singapore’s Sembcorp Marine, a company building offshore drilling rigs has reported a drop in its quarterly revenue. The company’s revenue in the fourth quarter of $1.4 billion was 15% lower when compared with $1.7 billion for the same period in 2013. Net profit in 4Q 2014 declined 5% year-on-year t
West Rigel, a harsh-environment semi-submersible drilling rig, currently under construction in Singapore, will feature two Dutch-designed boom hoist cranes. According to Kenz Cranes, a Dutch company specializing in offshore lifting and hoisting solutions, the two EHC 100/4000 cranes were designed in
