Brazilian oil company PetroRio has received regulatory approval to drill new wells at the Frade field, offshore Brazil.PetroRio said that the Brazilian Institute of the Environment and Natural Renewable Resources (“Ibama”) had granted it the…
Offshore drilling company Seadrill has secured contracts for two of its drilling rigs, the West Neptune and the Sevan Louisiana in the U.S. Gulf of Mexico. The contracts are worth $105 million in total.The West Neptune, a 6th generation ultra-deepwater drillship…
The Oslo Stock Exchange on Monday passed a resolution to delist the offshore drilling contractor Seadrill Limited.'The Oslo Stock Exchange considers that the shares of Seadrill Limited are no longer suitable for listing on the Oslo Stock Exchange…
Offshore drilling firm Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a ten-well contract with options for up to eight additional wells in Angola for the West Gemini drillship.The total contract value…
The proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling has raised competition concerns in the UK as the UK Competition and Markets Authority (CMA) has found that the merger could increase operating costs for oil and gas producers in the UK North Sea…
Danish offshore drilling company Maersk Drilling has agreed to sell its jack-up rig drilling rig Maersk Convincer to ADES for $42.5 million in cash.The benign environment offshore drilling rig is expected to be delivered to ADES after the completion…
Empyrean, an oil and gas company that recently started drilling at its Jade prospect offshore China, said Tuesday that the NH9 semi-submersible drilling rig was making excellent progress at the well.The company said that the rig had drilled…
Danish offshore drilling company Maersk Drilling has won a contract extension for its ultra-deepwater semi-submersible rig Maersk Deliverer with Inpex in Australia.The extension, of an undisclosed value, is for drilling services at the Ichthys field in the Browse Basin offshore Western Australia…
Indian offshore drilling contractor Aban Offshore has agreed to sell four offshore drilling rigs to ADES for $106 million in total.Aban said that its Board had, at a meeting held on March 23, approved the sale of the jack-up drilling rigs Deep Driller 2…
Singapore's Keppel Corporation said Wednesday said it was terminating jack-up rig construction contracts signed with an affiliate of Clearwater Capital Partners, and Fecon International, in October 2013 and February 2014, respectively.Keppel…
Offshore drilling firms Maersk Drilling and Noble Corporation, which are working to merge their businesses, might need to sell certain offshore rigs in the North Sea to obtain antitrust clearance from the UK Competition and Markets Authority…
Norwegian oil and gas company Equinor has started drilling the Cambozola exploration well offshore Norway, Longboat Energy, Equinor's partner has informed.Cambozola is the primary prospect located in the PL1049/PL1049B/PL1049C licenses in the Northern North Sea…
Empyrean Energy has started drilling at the high-impact Jade prospect at its 100% owned Block 29/11 permit, offshore China.Using the COSL NH-9 semi-submersible drilling rig, the LH 17-2-1 well spudded on Jade prospect at 19:30 on 10 April 2022…
Danish offshore drilling contractor Maersk Drilling has won plug and abandonment contracts for its harsh environment jack-up rig Maersk Resolute in the Dutch sector in the North Sea.The contracts are for the plugging and abandonment of 31 wells…
Australian oil and gas company Santos has started drilling at the Apus-1 well offshore W. Australia, using the Noble Tom Prosser jack-up drilling rig.The rig recently moved to the Apus-1 well site from the Pavo-1 well where Santos, and its partner Carnarvon…