Dolphin Drilling will establish its international headquarters in Aberdeen, showing its commitment to the North Sea at a time of increasing optimism for the drilling industry, the offshore drilling contractor announced on Friday.The company…
U.S. energy firms this week reduced the number of oil rigs operating for a third week in a row after drilling slowed for nine straight months as independent producers cut spending by about 10% this year.Drillers cut four oil rigs in the week to Sept…
Cooper Energy announced on Friday that it has found new gas in the Annie-1 exploration well in the Otway Basin offshore Victoria, marking the first new offshore discovery in the basin in 11 years.Annie-1, located in VIC/P44 approximately 9 kilometers offshore Victoria in a water depth of 58 meters…
Sonadrill, a 50:50 joint venture between Seadrill and an affiliate of Sonangol, has secured a nine well contract with six options, each for one well, in Angola for the Libongos drillship, Seadrill announced. The estimated total contract value…
North Sea focused oil firm EnQuest is chipping away at its debt pile, which was at around $1.6 billion at the end of June, it said on Thursday, reiterating its output guidance of between 63,000 and 70,000 barrels per day this year.EnQuest's net debt stood at around $1…
Northern Offshore, a global offshore drilling company which operates an offshore unit and a production vessel in the North Sea, has been awarded a contract in the Middle East for its jackup rig Energy Emerger.Northern Offshore Drilling Operations…
Specialist drilling waste management company TWMA reports it has secured new contracts valued at £20 million ($24.3 million) in the North Sea in the first eight months of 2019.The contracts, with major North Sea operators, are for TWMA to provide…
Oil and gas explorer Carnarvon Petroleum Ltd said on Wednesday that drilling results from the Dorado-3 appraisal well in Western Australia confirmed oil and gas reserves.The wireline logging well has successfully confirmed a hydrocarbon bearing reservoir within the Caley…
Baker Hughes, a GE company (BHGE), said it has deployed its downhole intelligent wet-mate system, which enables real-time production monitoring and control of the completion system across the entire wellbore in multi-trip completions.Deployed…
French energy producer Total could invest up to $10 billion in the North Sea over the next five years but cost discipline must be maintained as a matter of urgency, Chief Executive Officer Patrick Pouyanne said on Tuesday.As part of its efforts…
Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles.The two 400ft Jack-Up Drilling Rigs held a naming and departure ceremony at Longkou. The two rigs will soon sail to the gulf…
Seadrill has secured a one-year contract with LLOG for the West Neptune operating in the US Gulf of Mexico, the offshore drilling contractor announced on Monday.Total contract value is expected to be approximately $74 million with commencement in December 2019…
Maersk Drilling has entered a $7.6 million contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea, the Danish drilling contractor said on Monday.The contract is expected to commence in March 2020…
Polish state-controlled oil and gas company PGNiG said its unit PGNiG Upstream Norway started drilling an exploration well in licence area PL838 (the Shrek prospect) on the Norwegian Continental Shelf, for the first time in the role of the operator…
Oslo and New York-listed Borr Drilling, partly owned by Schlumberger, said on Thursday it expected strong core earnings growth in coming months with demand for its rigs set to rise.The offshore drilling rig contractor reported a negative adjusted earnings before interest…