Statoil ASA and partners Eni Norge AS and Petoro AS have made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the semisubmersible rig West Hercules, proved a…
Prospector Offshore Drilling's new jack-up drilling rig, Prospector 1, arrived in the Cromarty Firth, Scotland today, after a two-month journey from its construction shipyard in Dalian, China. The jack-up features an advanced, fully-automated…
CIMC Raffles today held naming ceremonies for the OOS Gretha and OOS Prometheus semisubmersible drilling rigs, built at its yard in Yantai, China, and due to work for Petrobras offshore Brazil. The two units were designed and built by CIMC Raffles…
Keppel Corporation and the National University of Singapore have agreed to set up the Keppel-NUS Corporate Laboratory, with backing from the National Research Foundation (NRF), to develop technological solutions for the offshore industry…
BP announced that it increased its fleet on Tuesday, announcing that it added two drilling rigs to the deepwater Gulf of Mexico (GOM). BP’s count now stands at nine rigs - a company record. Following the end of its year-long moratorium imposed in 2010…
Norwegian private equity group HitecVision AS is to invest US$92.6million in Singapore-based Energy Drilling Pte Ltd. The deal will see Hitecvision take a majority stake in the company and it will ensure delivery of Energy Drilling Pte…
Petroceltic International has said its Cobalcescu South-1 exploration well in the Romanian Black Sea will be plugged and abandoned as non-commercial. The well was designed to test a prospect located in the southwestern part of the Est Cobalcescu (Block EX-28…
Lundin Norway AS (Lundin Norway) has started drilling appraisal well 16/5-5 in production license 410. The well will target the Luno II South structure, 9km southeast of the Luno II discovery well 16/4-6S in PL359, in the Norwegian sector of the North Sea…
Statoil has made an oil discovery on the Snilehorn prospect in Norwegian Sea. Oil was found in discovery well 6407/8-6 and sidetrack 6407/8-6A. Image: The West Navigator drillship, which has started drilling on the Novus prospect…
Lamprell has completed and delivered the first of two Caspian Sea jackup rigs following tow out from the Astrakhan re-assembly yard. The new rig will now start its first contract in the Caspian Sea. Good progress is being made on a second Caspian Sea jackup…
The latest appraisal well on the giant Johan Sverdrup field in the Norwegian North Sea found a deeper reservoir thickness than expected, said operator Lundin Petroleum AB (Lundin Petroleum). Appraisal well 16/3-7, located in the south-eastern part of PL501…
Statoil has started production from the Visund North oil and gas field in the Norwegian sector of the North Sea. The total recoverable reserves are estimated at 29MM boe and the total investment for the field development is NOK3.3 billion…
Keppel FELS Limited (Keppel FELS) has won a US$1.1 billioncontract from Transocean Ltd. (Transocean) to build five KFELS Super B Class jackup rigs. The rigs are scheduled to be delivered between Q1 2016 to Q3 2017. In addition, Transocean…
Viking Offshore & Marine will partner with Chan Kwan Bian (Chan) to construct a $180MM drilling jackup rig, marking Viking’s entrance into the rig building and rig charter market. Executive Director Daniel Lin said that with this agreement…
Ocean Rig and Energean Oil & Gas are to join forces in order to participate in new bid rounds for exploration and exploitation of hydrocarbons, in Greece and abroad, in more than 1000m deep water. Energean said the companies had agreed to set up a joint venture called OceanEnergean…