Independent Oil and Gas plc, the UK-based company working to develop its Phase 1 project in the Southern North Sea, has started drilling at the Elgood development well, 48/22c-H1.Elgood is the first of five planned development wells in IOG's…
Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…
Danish offshore drilling company Maersk Drilling on Thursday confirmed a long-term contract with Tullow Oil for its Maersk Venturer drillship off Ghana.The firm contract following the previously agreed conditional letter of award, and includes…
Oil major Shell has awarded an offshore drilling contract to Malaysian drilling company Velesto, for operations offshore Malaysia.Velesto will, for Shell's subsidiaries Sabah Shell Petroleum (based in Miri, Malaysia) and Sarawk Shell (in Kota Kinabalu…
Offshore drilling consultancy and training firm ICM Group has won a contract with drilling contractor Vantage Drilling to provide onboard regulatory and crane training services. According to ICM Group, the long-term agreement covers the majority…
Italian oil and gas company Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. Eni said Tuesday that the well was drilled on the Cuica exploration prospect located inside the Cabaça Development Area and close to the Armada Olombendo FPSO (East Hub)…
Oil and gas company Tullow Oil on Tuesday said it was starting a multi-year, multi-well drilling campaign offshore Ghana.The campaign started with the start of drilling of the first well at the Jubilee offshore field on Monday.Maersk Drilling's…
Offshore drilling rig contractor Seadrill has asked creditors to write off more than 85% of its debts in exchange for a 99% stake in the reorganized company, a court filing showed.The Oslo-listed firm controlled by Norwegian-born billionaire…
Floatel, a provider of offshore accommodation rigs for the international offshore energy industry, has secured a contract extension for its Floatel Endurance semi-submersible unit in Norway.Floatel, which last week announced it had successfully…
Norwegian offshore oil and gas company Vår Energi has received regulatory approvals to drill four wells in the production license 229, in the Norwegian section of the North Sea.The Norwegian Petroleum Directorate said Tuesday it had granted Vår Energi a drilling permit for wells 25/8-20 S…
Oil and gas exploration and production company Neptune Energy on Monday revised down the estimated size of its Dugong offshore oil discovery made last year in the Norwegian part of the North Sea.The company, which had previously estimated recoverable…
Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…
Danish offshore drilling firm Maersk Drilling has won a contract with the Norwegian oil company Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher.Aker BP will use the Maersk Reacher to assist with well intervention, stimulation…
Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…