Drilling News

 

Valaris Lands $519M Drillship Deal for Búzios Oil Field Development

Jan 02, 2024

Offshore drilling company Valaris has secured a multi-year contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process.The a 1,064-day contract is anticipated to start late in the fourth quarter 2024…

Esgian: New Contracts, Drilling Activities and Rig Moves Across the World

Dec 29, 2023

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling…

Borgland Dolphin Drilling Rig Finds Work Offshore UK

Dec 25, 2023

Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a 500-day drilling campaign with an undisclosed operator in the UK.The 500-day drilling campaign will employ semi-submersible rig Borgland Dolphin.The drilling campaign…

Petrobras Starts New Drilling Campaign in Potiguar Basin

Dec 25, 2023

Brazilian state-run oil group Petrobras has started drilling the Pitu Oeste well, which marks the restart of the company's search for oil and gas in the Equatorial Margin.The drilling of the well, in the BM-POT-17 concession, located 53 kilometers off the coast of Rio Grande do Norte…

Petrobras Contracts Seadrill Drillship Pair

Dec 22, 2023

Offshore drilling contractor Seadrill on Friday announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris in Brazil.The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1…

Enauta Buys Cidade de Santos FPSO

Dec 22, 2023

Brazilian oil and gas company Enauta has bought FPSO Cidade de Santos platform from MODEC, following the acquisition of the Uruguá and Tambaú fields in Santos Basin.The transaction for the FPSO, capable of processing 350 million cubic feet per day of gas…

TotalEnergies Extends DeepSea Mira Contract for Work in West Africa

Dec 21, 2023

TotalEnergies has exercised the first option under the contract for DeepSea Mira semi-submersible drilling rig, extending its contract for 180 additional days for work in West Africa.The owner of the offshore drilling rig Northern Ocean said…

Valeura Energy Concludes Infill Drilling Campaign offshore Thailand

Dec 21, 2023

Valeura Energy has completed an infill drilling campaign at its Nong Yao oil field offshore Gulf of Thailand, where it holds a 90% operated working interest.The company has drilled four wells at the Nong Yao A wellhead processing platform, including…

Noble Gets Petrobras Contract for Drilling Services Offshore Colombia

Dec 21, 2023

Offshore drilling contractor Noble Corporation has secured a contract with Petrobras for the semi-submersible rig Noble Discoverer to provide drilling services offshore Colombia.The contract has a firm duration of 400 days, with expected start in Q2 2024…

The Rig Market: What’s in Store in ’24?

Dec 20, 2023

2023 has been another noteworthy year for the rig market’s ongoing recovery, with a 3% increase in global marketed utilization versus 2022, a demand increase of 29 rigs, a 7% uptick in average contract duration, 16 further reactivations and newbuild deliveries…

Mubadala Energy Makes Major Gas Discovery Offshore Indonesia

Dec 19, 2023

Mubadala Energy has made a significant gas discovery from the Layaran-1 Exploration well, drilled in South Andaman, offshore North Sumatra in Indonesia.Mubadala Energy is the operator of the South Andaman Gross Split PSC and this is the first deep water well operated by the company…

Philippines Wants to Start New Energy Exploration Projects in South China Sea

Dec 18, 2023

Philippine President Ferdinand Marcos Jr said his country is working to resolve 'exploration issues' in the South China Sea so it could start new energy exploration projects in the resource-rich waterway to meet his nation's energy needs.Marcos…

China to Conduct Sea Trials for Its First Ultra-deepwater Drilling Ship

Dec 18, 2023

China will on Friday conduct sea trials for its first ocean research drilling vessel, capable of drilling at depths of more than 10,000 meters (32,800 feet), a key step towards beefing up the country's deep-sea oil and gas exploration capabilities…

Santos Receives Drilling Approval for $4.3 Billion Barossa Gas Project

Dec 18, 2023

Australian oil and gas major Santos said on Monday it had received approval for a revised drilling plan at its $4.3 billion Barossa gas project, although the fate of a pipeline to take gas to shore remains locked in a legal dispute.Santos was…

Borr Drilling Jack-Up Rig Slated for Work Offshore Africa

Dec 18, 2023

UK oil and gas company Tower Resources has hired Borr Drilling’s Norve jack-up rig for the drilling campaign offshore Cameroon in central Africa. The Norve jack-up rig, part of Borr's fleet of high-specification drilling units, will be put to…

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