Canada-based oil and gas company Valeura Energy has announced plans to invest around $8 million in 2024 for new exploration within its Gulf of Thailand licenses, with opportunities identified in Wassana North, Nong Yao D, and the Ratree Prospect…
Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…
Beacon Offshore Energy has announced that several of its subsidiaries have taken final investment decision (FID) to develop the Winterfell discovery in the Gulf of Mexico, with the first oil expected in the second quart of 2024.The Winterfell discovery…
Constellation and HMH have signed integrated maintenance support contract for the Blowout Preventers (BOPs) of the semi-submersible drilling platforms Alpha Star, Gold Star and Lone Star.The Contractual Services Agreement (CSA) will last for five years…
It was a busy week in the offshore drilling sector as new work was secured by Noble and Valaris rigs, reports Esgian in its Week 2 Rig Analytics Market Roundup.ContractsLLOG has exercised a six-month option for Noble 12,000-ft drillship Noble Valiant in the US GOM…
The Danish Underground Consortium (DUC) has reached final investment decision (FID) to drill a new well on the Harald East area, located close to the Norwegian border, with the gas planned to be exported through the Tyra East facilities.DUC…
Equinor’s exploration well 30/4-4 in the North Sea has come up dry, Norway’s regulator of the petroleum resources Norwegian Offshore Directorate has informed.The well was drilled about seven kilometers north of the Martin Linge field in the North Sea and 180 kilometers west of Bergen…
Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia.The $1.14 billion worth contracts were awarded in the last two months of 2023…
Portuguese oil and gas company Galp has reported the discovery of light oil in in an exploration well being drilled offshore Namibia with Hercules semi-submersible rig.The news follows Galp’s January 2 update informing about preliminary signs of hydrocarbon presence at the Mopane-1X well…
As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…
Norwegian company BW Offshore has informed that the contract for its Catcher floating production storage and offloading (FPSO) has been extended beyond fixed term.BW Catcher FPSO, operating at Catcher field in UK, is owned and operated by BW…
Offshore drilling contractor Noble Corporation has secured contract extension for its Noble Valiant drillship in the U.S. Gulf of Mexico.LLOG Deepwater Development Company and LLOG Exploration Offshore have exercised an option to extend the…
Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…
Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…
U.S. oil and gas company Talos Energy has started oil and gas production at Lime Rock and Venice discoveries, located near its Ram Powell platform in the U.S. Gulf of Mexico.The Lime Rock and Venice wells were brought safely online in late December…
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