Offshore Drilling News - page 8

 

i3 Energy, Europa Oil & Gas Sign Farm-in Deal for Serenity Discovery

Apr 21, 2022

Oil and gas company i3 Energy has executed the farm-in agreement with Europa Oil & Gas following Europa's completion of its equity fundraising to fund its share of the upcoming Serenity appraisal well in the UK North Sea.  Under the agreement…

Turkey to Provide Tax Cuts for $10B Offshore Gas Project

Apr 20, 2022

Turkey will provide tax cuts to support a 145.1 billion lira ($9.9 billion) Turkish Petroleum (TPAO) project to develop the natural gas field it discovered in the Black Sea, the country's Official Gazette said on Wednesday.Natural gas was discovered…

ADES to Buy Maersk Convincer Jack-up Rig for $42.5M

Apr 20, 2022

Danish offshore drilling company Maersk Drilling has agreed to sell its jack-up rig drilling rig Maersk Convincer to ADES for $42.5 million in cash.The benign environment offshore drilling rig is expected to be delivered to ADES after the completion…

Halliburton Profit Nearly Doubles As Surging Oil Prices Boost Demand for Its Services

Apr 19, 2022

Oilfield services firm Halliburton posted an 85% rise in first-quarter adjusted profit on Tuesday as a rally in crude prices boosted demand for its services and equipment.Crude futures climbed to their highest level in more than a decade during…

Offshore Drilling: Santos Fails to Replicate Pavo-1 Success at Apus-1 Well in Australia

Apr 19, 2022

Australian oil and gas company Santos has not found commercial hydrocarbon quantities at its Apus-1 well, located offshore W. Australia, 27 kilometers from the successful Pavo-1 well discovery.Carnarvon Energy, Santos' partner in the license WA-437-P…

Excellent Progress Made with Jade Well Drilling, Empyrean Says

Apr 19, 2022

Empyrean, an oil and gas company that recently started drilling at its Jade prospect offshore China, said Tuesday that the NH9 semi-submersible drilling rig was making excellent progress at the well.The company said that the rig had drilled…

Maersk Drilling's Rig Nets One-year Contract Extension at INPEX's Ichthys Field in Australia

Apr 19, 2022

Danish offshore drilling company Maersk Drilling has won a contract extension for its ultra-deepwater semi-submersible rig Maersk Deliverer with Inpex in Australia.The extension, of an undisclosed value, is for drilling services at the Ichthys field in the Browse Basin offshore Western Australia…

Aban Offshore to Sell Four Jack-ups to ADES for $106 Million

Apr 18, 2022

Indian offshore drilling contractor Aban Offshore has agreed to sell four offshore drilling rigs to ADES for $106 million in total.Aban said that its Board had, at a meeting held on March 23, approved the sale of the jack-up drilling rigs Deep Driller 2…

IOG Restores Blythe Field Output after Mechanical Fault on Platform Fixed. Southwark Drilling Start Imminent

Apr 13, 2022

UK North Sea-focused oil and gas company IOG said Wednesday it had temporarily remedied an issue with its Blythe platform topsides in the Southern North Sea.The company had started gas production from the Blythe field mid-March, however it on…

Keppel Terminates Clearwater, Fecon Rig Orders. Plans to Retain Payments

Apr 13, 2022

Singapore's Keppel Corporation said Wednesday said it was terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively.Keppel…

Maersk Drilling, Noble Corp. May Need to Sell Several North Sea Rigs to Get Merger Clearance in UK

Apr 13, 2022

Offshore drilling firms Maersk Drilling and Noble Corporation, which are working to merge their businesses, might need to sell certain offshore rigs in the North Sea to obtain antitrust clearance from the UK Competition and Markets Authority…

Greece to Speed Up Gas Exploration Projects to Help Replace Russian Gas

Apr 12, 2022

Greece will speed up gas exploration projects in concert with private investors, its prime minister said on Tuesday, as it cuts its reliance on Russian energy and looks to become an energy hub in Europe.Russia's invasion of Ukraine and fears…

Argos Gets Offshore License Extension in Falkand Islands

Apr 11, 2022

Falkland Islands-focused oil and gas exploration company Argos Resources said Monday that the Falkland Islands government has extended the second term of the company's PL001 offshore license.The license, which would have expired on May 2, 2022…

VAALCO Says Avouma 3H-ST Well Offshore Gabon a Success

Apr 11, 2022

VAALCO Energy said Monday it had successfully drilled the Avouma 3H-ST development well that was drilled from the Avouma platform in the Etame field, offshore Gabon.The company drilled the Avouma 3H-ST development well with a lateral of 268…

Equinor Starts Drilling 'Play-opener' Cambozola Well Offshore Norway

Apr 11, 2022

Norwegian oil and gas company Equinor has started drilling the Cambozola exploration well offshore Norway, Longboat Energy, Equinor's partner has informed.Cambozola is the primary prospect located in the PL1049/PL1049B/PL1049C licenses in the Northern North Sea…

Current News

China: Shanghai Electric's New Offshore Wind Turbine Rolls Off Production Line

China: Shanghai Electric's New Offshore Wind Turbine Rolls Off Production Line

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

European Gas Prices Dip as Correct Previous Gains, Norwegian Flows Rise

ION Geophysical Wraps 3D Seismic Project in Mauritania

ION Geophysical Wraps 3D Seismic Project in Mauritania

Corio, FECON Plan to Build 500MW Offshore Wind Farm in Vietnam

Corio, FECON Plan to Build 500MW Offshore Wind Farm in Vietnam

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