Origin Energy has confirmed its Speculant-1 exploration well discovered potentially commercial quantities of gas in Waarre Formation reservoirs in the Otway Basin, offshore Victoria, Australia, within the Origin operated VIC/L1(v) permit. The Speculant discovery is a tilted fault block structure cov
ExxonMobil has received consent from the Petroleum Safety Authority (PSA) Norway to use West Alpha drilling rig for production drilling, completion and installation of subsea equipment on the Balder field, in the North Sea. Balder was the first oil field to be discovered on the Norwegian Continental
Mermaid Maritime, a provider of subsea and drilling services for the offshore oil and gas industry, has marked the start of the construction of two of its offshore units, a vessel and a rig. The company took part in a steel cutting ceremonies for its performance class tender rig ‘MTR-3’ and DP2 mult
Songa Offshore has reported that its semi-submersible drilling rig Songa Dee is waiting for the weather to improve to continue its work for Statoil in the North Sea. Songa Dee is currently located at the coast of Norway. Once the weather conditions are improved, the rig will move to drilling locatio
Mermaid Maritime, a provider of subsea and drilling services for the offshore oil and gas industry, has received early termination of contract from its international upstream oil & gas client for the ‘MTR‐2’ tender drilling rig. The initial term of the contract was set to end in May 2015, but the ri
Centrica Resources Norge AS, operator of production licence 528 B, has informed it is about to complete drilling of wildcat well 6707/10-3 S, in the Norwegian Sea. The well was drilled about 20 kilometers northeast of the Aasta Hansteen field in the Norwegian Sea. The primary and secondary explorati
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. +3 to 1920 rigs U.S. Rig Count is up 3 rigs from last week to 1920, with oil rigs up 3 to 1575, gas rigs unchanged at 344, […]
Malaysian oilfield services provider SapuraKencana has today announced several new contracts and contracts extensions. The contracts, worth $459 million in total, have been awarded to the company’s Fabrication, Hook-up and Commissioning division, Offshore Construction and Subsea Services division an
Baker Hughes Incorporated has posted an international rig count report for November 2014 on its Investor Relations website according to which the international offshore rigs are up from last month. The international rig count for November 2014 was 1,324, up 16 from the 1,308 counted in October 2014,
Freeport-McMoRan Oil & Gas has announced oil discoveries from its 100-percent-owned Holstein Deep and Dorado development wells in the Deepwater Gulf of Mexico (GOM). Production from these projects is expected to total approximately 30,000 barrels of oil equivalents (BOE) per day in 2016. Freeport-Mc
Russian State Committee for natural resources has confirmed the discovery of the new Arctic oil and gas field Pobeda located on the Kara Sea shelf. The field was discovered as the result of drilling of the northernmost well in the world – the Universitetskaya-1. In September, Rosneft announced Unive
Singapore-based Hoidi International, an offshore engineering & construction company and jack-up leg specialist, has been awarded a rig leg fabrication and construction contract by China Merchant Heavy Industry, for the Vanda offshore CJ50 400ft jack-up. The scope of work for the contract includes fa
Oil & gas operators must share ideas and information to manage ageing North Sea platforms as safely, efficiently and cost-effectively as possible, industry leaders were told by a UK HSE manager. According to East of England Energy Group (EEEGR), about 70 per cent of installations and equipment in th
Maersk Oil Norway AS has received consent from the Petroleum Safety Authority (PSA) Norway to drill exploration well 6406/6-4 in the Tvillingen Sør prospect, in the Norwegian Sea. Maersk is the operator for production licence 510 in blocks 6406/5 and 6406/6 at Haltenbanken located in the Norwegian S
