Norwegian industrial tech group Nekkar has via its subsidiary Intellilift formed a joint venture (JV), with a subsidiary of the offshore drilling giant Transocean. The name of the joint venture firm is Inteliwell.The purpose of the joint venture…
Danish offshore drilling firm Maersk Drilling has completed the sale of its Maersk Inspirer combined drilling and production unit to Havila Sirius for $373 million.The unit has been deployed at Repsol's Yme oil field in the North Sea and has recently started producing oil…
Oil and gas company Neptune Energy Norge AS has concluded the drilling of the exploration well 33/6-5 S (Tail prospect) in the North Sea, off Norway. According to the Norwegian Petroleum Directorate, the well is dry.Neptune drilled the wildcat well using the Deepsea Yantai drilling rig…
Offshore driller Seadrill Ltd on Tuesday obtained court approval for its reorganization plan, clearing the way for it to emerge from bankruptcy.U.S. Bankruptcy Judge David Jones in Houston signed off on the plan during a virtual hearing. Under the plan…
U.S. oil major ExxonMobil has awarded a two-year contract for Valaris' drillship Valaris DS-9 for operations in Angola.The drillship, formerly known as Ensco DS-9, will work for ExxonMobil's Angolan subsidiary Esso Exploration Angola.Delivered in 2015 by Samsung Heavy Industries in South Korea…
Norwegian oil and gas company Equinor has made an oil and gas discovery at its Egyptian Vulture offshore well in the Norwegian Sea, off Norway.Equinor's partner Longboat Energy said the exploration well 6407/1-9 in the Norwegian Sea encountered…
Offshore drilling contractor Odfjell Drilling has said that its business divisions Odfjell Energy and Odfjell Well Services have launched a plug and abandonment (“P&A”) and slot recovery alliance with leading companies within the energy industry…
Oil and gas company Neptune Energy has started drilling the first of four production wells on the Fenja field in the Norwegian Sea.The wells are being drilled by the Deepsea Yantai semi-submersible rig, owned by CIMC, and operated by Odfjell Drilling…
The leader of Lebanon's Hezbollah on Friday warned Israel against drilling for oil and gas in the disputed maritime border area between the two countries until the issue is resolved, and said the Iran-backed group would take action if it did so…
Oslo-listed oil and gas company BW Energy has agreed to buy the semi-submersible drilling rig 'Leo', from Aquadrill, a Seadrill affiliate, to use as a production unit for offshore field development in Namibia.Leo (ex-West Leo) is a 6th generation…
Oil and gas company Dana Petroleum has awarded Island Drilling a one-well drilling contract for the offshore drilling rig Island Innovator.The contract for the 6th generation harsh environment drilling rig will start in April 2022. Dana has…
ADC Energy, an Aberdeen-based offshore rig inspection firm, has announced the completion of a trial with 'a major rig owner' that found that an upgrade to Dynamically Positioned (DP) rigs power systems can reduce carbon emissions by nearly 5…
Fugro has completed a site survey over Shell's planned high-impact Pensacola offshore exploration well in the Southern North Sea, off the UK, ahead of the planned drilling in 2022.Deltic Energy, Shell's partner in the offshore license containing the Pensacola prospect…
Swedish oil and gas company Lundin Energy has drilled a dry well at the Dovregubben prospect in the North Sea, offshore Norway.The exploration well 17/8-1 was drilled about 70 kilometers southeast of the Johan Sverdrup field in the North Sea and 140 kilometers southwest of Stavanger…
Oil and gas company Wellesley Petroleum has received regulatory approval from Norwegian Petroleum Directorate to drill an exploration well in the North Sea, off Norway.The well, formally named well 36/1-4 S, will be drilled using Dolphin Drilling's Borgland Dolphin semi-submersible drilling rig…