Offshore Shallow Water News - page 2


Maha Energy, DBO Sign Merger Term Sheet

Dec 05, 2022

Sweden-based Maha Energy has signed a binding term sheet regarding a business combination with DBO 2.0 S.A. (“DBO”) for a consideration of 36,775,410 new shares in Maha.According to Maha, DBO is a private upstream oil and gas company focusing on mature offshore fields in Brazil formed in 2017…

Noreco, Partners to Drill Two Infill Wells in Danish North Sea

Dec 02, 2022

Norwegian Energy Company ASA (Noreco) has reached a Final Investment Decision (“FID”) on two infill wells in the Danish North Sea.The two wells will be drilled at the Tor reservoir in the Halfdan North East area, located in the central part of the Danish North Sea…

First Gas Flows from BP's Cassia C Development Offshore Trinidad and Tobago

Nov 29, 2022

BP has started production from its Cassia C development offshore Trinidad and Tobago.Cassia C is BP Trinidad and Tobago's first offshore compression platform and, according to the company, its biggest offshore facility.The project will enable…

Icon Offshore Sells Perisai Pacific 101 Jack-up Rig at Significant Profit

Nov 24, 2022

Malaysian offshore services provider Icon Offshore has completed the sale of its Perisai Pacific 101 jackup drilling rig to ADES.The 2014-built rig was sold to ADES for $85 million in cash and the disposal of the rig was completed on November 22…

ADNOC Drilling Takes Over First of Three Jack-up Rigs Originally Ordered by Borr Drilling

Nov 24, 2022

Singapore's Keppel Offshore & Marine has delivered the first of three newbuild jack-up drilling rigs to UAE-based ADNOC Drilling.The three rigs were part of a series of five rigs that Keppel FELS had been building for Borr Drilling. Keppel O&M…

CIMC Nets 3-Year Extensions for Jack-up Rig Duo in Mexico

Nov 23, 2022

China-based CIMC’s Asset Management Company has secured three-year contract extensions for two jack-up drilling rigs in Mexico.The rigs, Gulf Driller VI and Gulf Driller VIII , will continue working for the Mexican national oil company Pemex…

Shell Spuds 'High Impact' Pensacola Well in UK North Sea

Nov 23, 2022

Oil major Shell has spudded the Pensacola well in the UK North Sea, Deltic Energy, Shell's partner in the offshore license, has informed.Graham Swindells, Chief Executive of Deltic Energy, said: 'We are excited to have commenced the well operations…

Angola: Chevron Extends Jack-up Drilling Rig Contract

Nov 21, 2022

Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023…

Norway: Safety Watchdog Launches Probe as Offshore Rig Worker Suffers Serious Injury

Nov 15, 2022

The Petroleum Safety Authority Norway (PSA) has launched an investigation into an incident involving serious personal injury on the Linus jack-up drilling rig on November 10, 2022.'An incident has been reported to the PSA where a person was subject to crushing during work on a cantilever drag chain…

Shelf Drilling Secures Five-year Deal for Harvey H. Ward Jack-up Rig

Nov 14, 2022

Jack-up rig specialist Shelf Drilling said Monday it had secured a five-year contract for the Harvey H. Ward jack-up rig for operations in the Arabian Gulf.The firm period contract value, including mobilization fee, is roughly USD 192 million…

ADES Charters Two More Jack-up Drilling Rigs from Keppel O&M

Nov 11, 2022

Singapore's Keppel Offshore & Marine has signed bareboat charter contracts with the Saudi drilling firm ADES for two jack-up rigs to be deployed in Saudi Arabia. This brings the total number of rigs Keppel O&M has on a charter with ADES to four…

Arabian Drilling, ADES Charter Four Keppel Jack-ups for Saudi Aramco Work

Oct 14, 2022

Singapore's Keppel Offshore & Marine (Keppel O&M), has completed the modification works for four KFELS B Class jack-up rigs which will be deployed on bareboat charters in Saudi Arabia this month.The rigs are being chartered in pairs by Arabian…

Valeura Energy Books Jack-up Rig for Wassana Oil Field Drilling

Oct 06, 2022

Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…

Shelf Drilling Wins Contract Extension for Newly Bought Jack-up Rig

Oct 06, 2022

Shelf Drilling, an Oslo-listed offshore drilling services firm, has obtained a two-year contract extension for the Noble Sam Turner jack-up rig, which is a direct continuation of its present contract in Denmark.The contract has been secured by way of a priced option exercise by the customer…

Lamprell, IMI Load Out Second Newbuild Jack-up Rig

Oct 05, 2022

Offshore energy engineering and construction services firm Lamprell and International Maritime Industries (IMI) on Tuesday announced the completion of the load-out and float-off of the second jackup drilling unit being constructed for IMI.The…

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