Offshore Drilling News


Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

1 hour ago

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana…

Green(er) Rigs Put Stena Drilling at Forefront of O&G Decarb Push

Mar 01, 2024

As the offshore oil and gas industry transitions to more sustainable practices, drilling rig operators are faced with demands to implement greenhouse gas (GHG) abatement measures as part of their workload. Being the owner of the first ever drillship that secured DNV’s Abate(P) notation…

Energy Emerger Jack-Up Rig Booked for Work Offshore Oman

Feb 29, 2024

Masirah Oil, a 91.81% subsidiary of Rex International, has signed a contract for the Energy Emerger jack-up drilling rig that will be put to work at Yumna Field, offshore Oman.The rig, operated by Northern Offshore, will perform a multi-well program in the offshore Yumna Field in Block 50 Oman…

Noble Jack-Up Rig Gets Work Offshore Norway

Feb 27, 2024

Offshore drilling contractor Noble Corporation has secured a one-well contract with Norwegian oil and gas company DNO Norge for its ultra-harsh environment jack-up rig Noble Invincible.DNO Norge will use the Noble Invincible rig to drill an exploration well on PL1086 license…

Esgian Week 8 Report: Industry Positive About Upcycle

Feb 24, 2024

This week, Esgian reports in its Week 8 Rig Analytics Market Roundup that offshore drilling contractors have expressed their confidence in the strength and longevity of the current upcycle.Report outline:ContractsValaris has confirmed that the contract for the 8…

Perenco Spuds Appraisal Well Offshore Gabon

Feb 22, 2024

Perenco Oil & Gas Gabon (POGG) has started drilling an appraisal well in the vicinity of the Hylia South West discovery offshore Gabon, using Dixstone’s BANBA jack-up rig.The field was discovered in December 2022 through the exploration well…

Are North Sea Jack-Ups Set for Flat 2024?

Feb 21, 2024

Global jack-up marketed utilization has been on an upward trajectory since 2017, reaching its peak of 94% at the end of 2023. However, the outlook for the year ahead looks somewhat flat, though there is still time for new demand.The North Sea jack-up market has improved year-on-year since 2017…

Baker Hughes Grabs Petrobras’ Well Construction Job at Búzios Field

Feb 21, 2024

U.S. oilfield services giant Baker Hughes has secured a ‘significant contract’ from Petrobras for integrated well construction services in the Búzios field, offshore Brazil.The integrated services project is set to start in the first half of 2025 and will include drilling services…

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Feb 21, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…

KCA Deutag Secures Contract Extension with Vår Energi on North Sea Platform

Feb 21, 2024

Oil and gas drilling services company KCA Deutag has secured a two-year contract extension for the provision of offshore drilling and maintenance services on the Ringhorne platform in the Norwegian North Sea from operator Vår Energi.The award…

Indonesia to Offer More Energy Blocks in North Sumatra

Feb 20, 2024

Indonesia is looking to offer more oil and gas blocks in North Sumatra basin this year following a major discovery by Mubadala Energy in a bid to accelerate gas production, a senior energy ministry official said on Tuesday.The energy ministry…

Aker BP Set for New Drilling Campaign with Noble’s Jack-up Rig

Feb 19, 2024

The Norwegian Ocean Industry Authority (Havtil) has granted Aker BP consent for exploration drilling in the North Sea, which will be conducted using Noble Corporation’s Noble Integrator jack-up rig.The consent is for 24/6-5 exploration well in the North Sea at the Alvheim Deep prospect…

Equinor Gets Green Light for Exploration Well in North Sea

Feb 19, 2024

Norwegian oil and gas firm Equinor has received consent from the Norwegian Ocean Industry Authority (Havtil) for exploration drilling in North Sea offshore Norway.The consents awarded by the country’s offshore industry safety watchdog, formerly known as the Petroleum Safety Authority Norway…

Esgian Week 7 Report: Earnings Season Starts

Feb 18, 2024

Esgian has released its Week 7 Rig Analytics Market Roundup saying “The earnings season for offshore drilling contractors is officially open following Odfjell Drilling's quarterly report on Thursday. Additionally, new contract awards have been confirmed for Borr Drilling…

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