Oil and gas company Tullow Oil has extended the contract with Maersk Drilling for the use of the Maersk Venturer drillship in Angola, following the contract termination for the same rig announced in March.Namely, Maersk Drilling in March said…
Singapore-based KrisEnergy has signed a letter of award with Vietnam's PV Drilling for PVD III jack-up drilling rig. The 2009-built rig will be used to drill five development wells at KrisEnergy's Apsara Mini-Phase 1A development offshore Cambodia…
Norwegian energy company Equinor has been given consent to use the Deepsea Atlantic offshore drilling rig on the Gullfaks field in the North Sea, offshore Norway.Equinor will use Odfjell Drilling's semi-submersible drilling rig for production…
Bahamas Petroleum Company (BPC) has been given more time to begin drilling at its offshore block in The Bahamas.In an update on Thursday, BPC said that it had received formal notification from the Government of The Bahamas that on an interim basis…
Jack-up drilling rig contractor Shelf Drilling has reported a sequential drop in quarterly revenue, citing rig utilization levels fall, and decreased day rates due to the COVID-19 pandemic.Revenue was $155.0 million in Q2 2020 compared to $181…
Oil and gas company Wintershall DEA has said that the four-well drilling campaign has been completed on the Dvalin field in the Norwegian Sea, moving the project into the final development phase before first gas.Dvalin is a subsea tieback in…
Oslo-listed offshore drilling contractor Awilco Drilling posted a loss of $4,6 million in the second quarter of 2020, on contract revenue of $6,1 million.The offshore drilling company currently has two drilling rigs, of which one rig in operation - the semi-submersible drilling rig WilPhoenix…
Wellesley Petroleum has received approval from the Norwegian Petroleum Directorate to drill an exploration well in the Norwegian Sea.The well 6204/11-3 will be drilled using the Borgland Dolphin semi-submersible drilling rig. The rig, owned by Dolphin Drilling…
U.S. oil major ExxonMobil is set to begin drilling at the Kaieteur Block offshore Guyana, hoping to replicate successes made in the adjacent Stabroek block where it has made more than 16 discoveries.Westmount Energy, which indirectly owns a share in the Kaieteur Block…
Jack-up drilling rig specialist Borr Drilling announced Monday it has appointed former Schlumberger executive vice president Patrick Schorn as its new chief executive officer effective September 8.Schorn, who has been a director at Borr Drilling since January 2018…
Offshore drilling contractor Noble Corporation has won a six-month contract for its Noble Sam Croft drillship with ExxonMobil in Guyana. Noble shared the news as part of its 2Q results presentation in which it posted a loss of $42 million.The drilling company…
Offshore drilling contractor Vantage Drilling reported a net loss attributable to controlling interest of approximately $31.9 million for the second quarter of 2020.For comparison, Vantage Drilling's 2Q income last year was $590 million, however…
Offshore oil and gas company Spirit Energy has drilled a dry well in the North Sea offshore Norway.The Norwegian Petroleum Directorate said Wednesday that Spirit Energy Norway, as the operator of production license 780, was in the process of…
CIMC Raffles-managed offshore accommodation rig OOS Tiradentes will soon resume work for Petrobras in Brazil, after a hiatus due to COVID-19 pandemic.CIMC Raffles asset operation management center which manages the semi-sub accommodation rig…