Offshore Drilling News

Petrobras Hires Valaris DS-4 Drillship

2 hours ago

Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…

Aker BP Gets Drilling Permit for Lyderhorn East Offshore Well

Oct 18, 2021

Norwegian oil firm Aker BP has received a drilling permit for an exploration well to be drilled in the North Sea, offshore Norway.The well 24/12-7 - known as Lyderhorn East prospect -  is located in the production license 1041. It will be drilled…

Esgian: Seadrill’s Fleet Value Plunges

Oct 15, 2021

Seadrill’s creditors are now the proud owners of 24 offshore rigs. The most important question for them: what are they worth? Esgian's Hans Jacob Bassoe writes.Earlier this year, Seadrill filed for chapter 11 for the second time since 2017 and…

Bounty Farms Into Coastal's Cerberus Project, Off W. Australia. Drilling Planned for 2022

Oct 15, 2021

Australian oil and gas firm Bounty Oil and Gas has agreed to farm into four oil-prone offshore licenses in Western Australia, owned by Coastal Oil and Gas.Bounty will acquire a 25% stake in licenses EP  475, EP 490, EP 491 and TP 27 (collectively…

TotalEnergies Drilling World's Deepest Offshore Well Using Maersk Voyager Drillship

Oct 15, 2021

French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48. The contract extension has an estimated duration of 54 days,…

Maersk Drilling to Provide Rigs for Danish Carbon Storage Project

Oct 14, 2021

Danish drilling contactor Maersk Drilling has been selected as the preferred supplier of drilling rig services for the Greensand offshore carbon storage project offshore Denmark.The framework agreement for drilling rig services has been signed with the Nini Joint Venture…

Norway to Continue Offshore Oil and Gas Exploration, Incoming Gov't Says

Oct 13, 2021

Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Wednesday.A minority coalition of the leftwing Labour Party and the…

Stena Drilling Buys Stake in Blockchain Firm SCS

Oct 13, 2021

Offshore drilling rig owner Stena Drilling has acquired a minority stake in and formed a three-year technology partnership with SmartChainServices (SCS), a UK-based blockchain technology start-up.Stena Drilling said the move followed a six-month proof of value project…

Aquadrill Nets Two-well Offshore Drilling Deal in Indonesia

Oct 13, 2021

Offshore drilling firm Aquadrill - ex-Seadrill Partners - has secured a contract for its Capella drillship in Indonesia.The MPD outfitted 6th generation drillship, managed by Vantage Holdings International, will drill two wells, with an option for two more…

Offshore Drilling Firm Transocean Sets Emissions Reduction Target

Oct 12, 2021

Offshore drilling firm Transocean has committed to reducing operating Scope 1 and Scope 2 greenhouse gas emissions intensity by 40% from 2019 levels by 2030.“Globally, almost one billion people lack access to electricity, and all of us desire…

In a World's First, Valaris Drillship Achieves ABS Enhanced Electrical System Notation

Oct 12, 2021

Offshore drilling company Valaris said Tuesday its ultra-deepwater drillship VALARIS DS-12 had become the first vessel in the world to receive the ABS Enhanced Electrical System Notation EHS-E.Valaris upgraded the drillship's electrical system to secure the notation…

IOG's Southwark Drilling Hits Snag as Issue Found on Jack-up Rig's Leg

Oct 11, 2021

UK-based oil and gas company IOG said Monday there had been an issue with one of the legs on the Noble Hans Deul jack-up drilling rig which recently moved to drill a well at its Southwark offshore field in the Southern North Sea.'Over recent…

Seadrill Says Its Reorganization Plan Accepted by Creditors, Shareholders

Oct 11, 2021

Offshore drilling company Seadrill said all voting classes of stakeholders accepted its reorganization plan, including all 12 credit facilities and general unsecured creditors and shareholders, labeling the result as an important step to Chapter 11 emergence…

Tailwind Wraps Drilling at Evelyn Development. First Oil in Q4, 2022

Oct 11, 2021

The UK-focused oil company Tailwind has completed the drilling of the Evelyn field development well, at the Triton Cluster on the UK North Sea.In February this year, Tailwind sanctioned the Evelyn field project in the North sea, following approval by the UK oil and gas regulator OGA…

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