Offshore Drilling News

Repsol Sinopec Names VP Decommissioning and Energy Transition

5 hours ago

Repsol Sinopec has appointed Adam Sheikh as Vice President (VP) Decommissioning and Energy Transition.The newly created role sits on Repsol Sinopec’s Executive Management Team (EMT), reporting to CEO Jose Luis Muñoz.Sheikh, whose most recent EMT role was VP Business Projects…

Longboat Energy Farms Into Two Offshore Exploration Prospects in Norway

5 hours ago

Oil and gas company Longboat Energy has completed the farm-in into two OMV's near-term, gas weighted exploration prospects on the Norwegian Continental Shelf ('NCS') targeting combined gross unrisked mean prospective resources of 223 mmboe of which 45 mmboe net to Longboat)…

Biden Drilling Plan May Exclude All Waters Beyond Gulf of Mexico

Jun 30, 2022

The U.S. Interior Department has recommended to the White House that all federal offshore oil and gas drilling auctions over the next five years be located in the Gulf of Mexico, where the drilling industry has already been focused for decades…

Staatsolie to Offer 60% of Suriname's Offshore Blocks in Coming Year

Jun 30, 2022

Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting with a deepwater round in the fourth quarter, a company executive said on Wednesday.The Guyana…

Transocean Takes Delivery of World's First 8th Generation Drillship

Jun 29, 2022

Singapore-based shipbuilder Sembcorp Marine has delivered the world's first 8th generation drillship, the Deepwater Atlas, to its owner Transocean.The Deepwater Atlas is the first of two ultra-deepwater drillships based on the Sembcorp Marine's Jurong Espadon 3T design…

Shell Books Maersk Jack-up to Drill High-impact Pensacola Well Offshore UK

Jun 29, 2022

Shell UK Ltd has awarded Maersk Drilling a contract to supply the harsh-environment jack-up rig Maersk Resilient for the drilling of the Pensacola well in the UK part of the North Sea.The contract is scheduled to begin in the second half of 2022…

Express Engineering in 5-year MWD, LWD Supply Deal

Jun 28, 2022

UK-based subsea equipment specialist Express Engineering has signed a five-year supply agreement to produce a range of precision-engineered Downhole ‘Measurement While Drilling’ (MWD) and ‘Logging While Drilling’ (LWD) products used to deliver data for precise wellbore placement…

Apache, Shell Win Offshore Exploration Blocks in Uruguay

Jun 27, 2022

Uruguay's ANCAP has awarded three of the six available offshore blocks on its continental shelf to Shell and Apache, following bids received in the most recent ANCAP 2022 Open Bidding Round.Shell won the rights to the shallow-water block OFF-2 and deepwater Block OFF-7…

Ukraine Attacks Crimean Offshore Platform for Second Time

Jun 27, 2022

Ukrainian forces have attacked a drilling platform in the Black Sea owned by a Crimean oil and gas company, Tass news agency cited local officials as saying on Sunday, the second strike in a week.The platform is operated by Chernomorneftegaz…

Equinor Gets Nod for Norwegian Sea Wildcat Drilling

Jun 27, 2022

Norwegian oil company Equinor has been granted a drilling permit to drill the exploration well 6607/12-5 in the Norwegian Sea, offshore Norway.The well site is located in the production license 943. The drilling permit was granted on June 24…

Philippines, China Terminate Talks on Joint Offshore Oil and Gas Exploration

Jun 23, 2022

The Philippines' outgoing foreign minister said on Thursday that talks over joint energy exploration between his country and China in the South China Sea had been terminated, citing constitutional constraints and issues of sovereignty.The two…

Seadrill Announces $361 Million In Contract Extensions

Jun 22, 2022

Offshore drilling contractor Seadrill on Wednesday announced it has been awarded contract extensions for three of its jack-up rigs for work offshore in the Arabian Gulf.The firm term of each contract is three years with commencement in direct continuation of the current contracts…

Kuwait Investing in Offshore Exploration and Production to Meet Any OPEC Output Increase

Jun 22, 2022

Kuwait Petroleum Corporation chief said on Tuesday the Gulf producer had the capacity to reach its OPEC quota and was moving to its first offshore production as it invests to meet future oil demand.'We are making the investments necessary to…

Spending in Global E&P Industry Poised to Accelerate Broadly, Schlumberger CEO says

Jun 22, 2022

Spending in the global oil exploration and production industry is 'poised to accelerate broadly' and drive an increase in production, Olivier Le Peuch, chief executive of top oilfield firm Schlumberger, said at a conference on Wednesday.'The…

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