Atwood Oceanics has announced two contract activities in the Gulf of Mexico (GoM) and offshore Brazil. The Atwood Advantage. From Atwood Oceanics. An Atwood Oceanics subsidiary…
Atwood Oceanics announced that one of its subsidiaries agreed to an extension and rate adjustment to its existing contract with Noble Energy for the ultra deepwater rig, the Atwood Advantage, effective 9 November, 2015. The agreement…
Statoil has decided to cancel a contract for use of the semisubmersible drilling rig Songa Trym, four months before the expiration of contract on 4 March 2016. Statoil has previously notified owner Songa Offshore that the rig would be suspended for a period…
For the offshore floating rig market, the downturn presented the perfect storm: too many rigs, not enough demand, and with some 200 newbuilds set to enter the market over the next decade. Audrey Leon reports. The Maersk Developer…
Gregory Hale discusses how managed pressure drilling helps to eliminate the guess work. Automated managed pressure drilling is the future of conventional drilling. Photos from Weatherford. Realizing…
Primeline Energy’s LS23-1-1 well showed little potential for commercial production, offshore China. The company will now continue with the exploration drilling program for the LS30-3-1. Image from Primeline…
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M) delivered the ARABDRILL 70 jackup rig to Arabian Drilling (ADC). ARABDRILL 70 is the fourth KFELS B Class jackup rig to work for ADC. Keppel FELS had previously delivered two jackup rigs…
Houston-based Atwood Oceanics, announced that one of its subsidiaries had agreed to a nine-month extension and rate adjustment to its existing contract with Southeast Asia's Mubadala Petroleum for the ultra premium jackup, the Atwood Orca…
Fred Olsen Energy has formally declared that construction contract for a newbuild semisubmersible rig which was originally destined for development drilling at the Chevron-operated Rosebank oil development in the UK West Shetlands region has been cancelled…
Ice cover in the far north isn’t static, but varies in extent with the seasons and from year to year. Thanks to the Gulf Stream, the southern Barents Sea is usually ice-free all year round, but icebergs and sea ice can pose a real threat to installations if they collide…
Europa Oil & Gas CEO Hugh Mackay says now is a perfect chance to drill on the firm’s offshore Irish prospects thanks to rig rates being at their lowest in a decade. The CEO, whose firm is targeting 1.5 billion boe, unrisked, in three…
Cairn Energy is due to start its 1 billion bbl-seeking drilling program on its prospective offshore Senegal blocks in coming weeks. The Ocean Rig Athena is expected to start mobilization to Senegal from its current location in Angola in the next few days…
VAALCO Energy has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. Previously announced on 16 September 2015, VAALCO planned to mobilize the Transocean Constellation II jackup…
Dubai-based fabrication and engineering firm Lamprell has promoted Niall O'Connell to chief operating officer in its latest staffing change. In August, the firm announced CEO James Moffatt, who joined Lamprell in 2013, is to retire in June next year…
PTT Exploration & Production International (PTTEPI) has contracted high specification tender barge rig, EDrill-2, for a firm term of 18 months with an option period of 30 months. Zawtika Development Drilling Campaign (Phase 1B + Infield…