Offshore Drilling News


In Namibia, Eco Atlantic Plots Journey Ahead

few minutes ago

Oil and gas exploration and production company Eco Atlantic appears determined to make a breakthrough in its underexplored Namibian offshore assets after preliminary works in preparation for a deep dive it expects to take in the four offshore permits as early as October next year…

Seadrill in Talks with Banks to Restructure Debt

1 hour ago

Seadrill has started discussions with its bank lenders on how to restructure the company's debt, the drilling rig company's Chief Executive Anton Dibowitz told Reuters on Thursday.'We have had meetings with a large number of our banks individually…

Angola Lifting All Boats

Nov 19, 2019

Suppliers of drilling and subsea services and equipment may already be feeling the partial lift offered by West African nation Angola clearing offshore investment bottlenecks.On Monday, Bergen-based subsea cable layer, Oceanteam, announced its vessel…

Hurricane Testing Warwick West

Nov 19, 2019

Hurricane Energy has confirmed that drill stem testing on the Warwick West well is expected to begin Tuesday.The UK-based company said it will share initial results of the well, including flow rates and oil type, following completion of the testing phase…

JDC Wins Contract Extension for Rig

Nov 18, 2019

Japanese offshore drilling contractor Japan Drilling Company has been awarded a contract extension for one of its jack-up rigs.JDC said its Hakuryu-14 rig would remain on a contract with Pertamina Hulu Mahakam at the Mahakam block, offshore Indonesia…

Karoon Hires Stena Drillship for Peru

Nov 17, 2019

Australia exploration company Karoon Energy has signed an agreement with the drilling contractor Stena Drilling and oil company Tullow Oil to contract the Stena Forth drillship for Karoon’s Marina-1 exploration well located offshore Peru.'The Stena Forth has been contracted to drill one well…

Turkish Drillship Begins Drilling off NE Cyprus

Nov 15, 2019

The Turkish oil-and-gas drilling ship Fatih has started its operations off the coast of northeastern Cyprus, Turkish vice president Fuat Oktay said on Friday, despite warnings from European Union for Ankara to stand down.On Monday, the EU Foreign…

Lukoil Launches Phase 3 at Filanovsky Field

Nov 15, 2019

Russia's Lukoil said on Friday it had completed the construction of the first well as part of a third development stage of the V. Filanovsky oilfield in the Caspian Sea.The well was drilled with a floating jack up rig Neptune, mounted on a riser block platform…

ADNOC to Buy Dozens of Rigs

Nov 14, 2019

The Abu Dhabi National Oil Company (ADNOC) said its drilling subsidiary will acquire dozens of rigs to support that national oil company’s upstream growth plans.In the first phase of the wider fleet expansion program, ADNOC acquired, in November 2019…

Shelf Drilling Wins $151Mln Contracts

Nov 13, 2019

Dubai-headquartered offshore drilling contractor Shelf Drilling has added $151 million in contract awards, increasing the number of contracted rigs from 29 to 31 during the month of October.The world’s largest contractor of jack-up rigs said…

Neodrill Enters Australian Market

Nov 13, 2019

Pre-rig technology company Neodrill announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created…

i-Tech 7 Performs UWILD for Borr Drilling

Nov 13, 2019

Subsea 7’s life of field business unit i-Tech 7 reports it has completed an underwater inspection in lieu of dry-docking (UWILD) project for Borr Drilling in the North Sea.Borr Drilling required a hull inspection for its Paragon MSS-1 mid-water semi-submersible…

Subsea Digital Alliance Launched

Nov 13, 2019

Showcasing Norwegian digital solutions, the Subsea Digital Alliance has been launched to bring smart cloud collaboration to the energy industry.As digital strategists in the oil and gas sector see the opportunity to leverage new projects to introduce new…

Tullow Oil Shares Sink

Nov 13, 2019

Tullow Oil cut its outlook for production and cash flow because of persistent problems in Ghana, while revealing that the quality of oil recently discovered in Guyana was heavy in nature, sending its shares down more than 20%.Commenting for…

Current News

Oil Price Adds to Drill Mix

Norway's Oil Industry Lifts Forecasts

Sarawak Seeks to Recoup Tax from Petronas

In Namibia, Eco Atlantic Plots Journey Ahead

Seadrill in Talks with Banks to Restructure Debt

LR Bolsters Well Management Team

Total Criticizes EIB's Decision Not to Finance Gas

Maersk Supply Service Wins UK Job

Japanese Trio Orders Wind Turbine Installer

Sapura Orders Osbit System for Yunlin OWP

Magazine

Offshore Engineer (Sep/Oct 2019)

This issue of Offshore Engineer is dedicated to Big Data and Digitalization

Archive
Subscribe

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week