Offshore Rigs News - page 2


Seadrill Closer to Chapter 11 Emergence as Court Nod Granted

Sep 06, 2021

Offshore drilling company Seadrill has moved a step closer to reaching bankruptcy emergence after the United States Bankruptcy Court for the Southern District of Texas approved the disclosure statement for the company's proposed plan of reorganization…

Neptune Energy Gets Green Light for Shamu Drilling (Norway)

Sep 06, 2021

Neptune Energy has received approval from the Petroleum Safety Authority Norway to drill in block 33/6 in the North Sea.PSA Norway said Monday that Neptune would drill  33/6-6 S and 33/6-6 A well at the Shamu prospect in the Production licence…

Wintershall Dea Wraps Begknapp Appraisal Drilling. Eyes Tie-back to Nearby Platforms (Norway)

Sep 06, 2021

Oil and gas firm Wintershall Dea has completed the drilling of an appraisal well on the Bergknapp oil discovery in the Norwegian Sea.Wintershall Dea made the Bergknam discovery in April 2020, using Saipem's Scarabeo 8 offshore drilling rig.The…

BW Energy's Gabon Offshore Oil Find Smaller than Expected

Sep 03, 2021

Oslo-listed oil and gas company BW Energy's recently announced offshore oil discovery in Dussafu Block in Gabon is smaller than expected.The company in August said it had discovered oil in the Hibiscus North exploration well (DHBNM-1) in the Dussafu Block…

Noble Corp. Sends Force Majeure Notice to Shell over Drillship Damaged in Storm

Sep 03, 2021

Offshore drilling contractor Noble Corporation has sent a force majeure notice to its client Shell over the Noble Globetrotter II drillship contract after the rig was damaged earlier this week in the U.S. Gulf of Mexico in severe weather during Hurricane Ida…

Empyrean to Drill at 'World-class' Jade Prospect Using COSL Rig

Sep 02, 2021

Chinese offshore drilling company COSL is set to sign an integrated drilling contract with Empyrean Energy to drill the Jade exploration well on Block 29/11, offshore China. The drilling is expected to start in December, Empyrean said Thursday…

Borr Drilling Wins Drilling Work in Southeast Asia

Sep 02, 2021

Offshore drilling company Borr Drilling said Thursday it had secured a letter of award for its jack-up drilling rig Mist.The deal is with an unnamed operator in Southeast Asia, and the drilling program is set to begin in November 2021.Subject to final confirmation…

Carnarvon Hires Valaris Jack-Up Rig for Buffalo Well in Timor Sea

Sep 02, 2021

Australian oil and gas company Carnarvon Petroleum has hired Valaris JU-107 jack-up drilling rig to drill the Buffalo-10 well in the Timor Sea.'The drilling operations are expected to commence once the rig has completed its current operations…

Noble Drillship Damaged by Hurricane Ida

Sep 01, 2021

The U.S. Coast Guard said on Wednesday it is responding to a drillship that reportedly sustained damage as Hurricane Ida ripped through the Gulf of Mexico and into Louisiana as a Category 4 storm.The agency said it was notified during the storm…

Aker BP to Lower North Sea Discovery Size Estimate after Appraisal Well Disappoints

Sep 01, 2021

Aker BP is set to lower the size estimate of the 2019-made Liatårnet discovery in the Norwegian part of the North Sea, after the related appraisal well hit lower than expected hydrocarbon volumes.The company said that pending further analysis…

Borr Drilling Secures Contracts for Rig Duo in W. Africa

Aug 31, 2021

Shallow water drilling contractor Borr Drilling said Tuesday it had recently secured awards for two offshore rigs in West Africa.'In late August 2021, the company entered into two LOA/LOIs which have previously not been announced for two rigs…

Third Time's a Charm? ExxonMobil Spuds Sapote-1 Well in Canje Block, Offshore Guyana

Aug 30, 2021

U.S. oil major ExxonMobil has spudded the Sapote-1 well on the Canje Block, offshore Guyana. This is the company's third well in the block drilled this year. The first two wells, Bulletwood-1 and Jabillo-1, failed to find evidence of commercial hydrocarbons…

Prosafe Has to Pay $53M to Westcon for Rig Conversion. Court Dismisses Appeal

Aug 27, 2021

Prosafe, an Oslo-listed offshore accommodation rig provider, has to pay around $53 million to Westcon yard as its appeal over an April court ruling related to a dispute concerning the conversion of one of its flotels was dismissed.Stavanger…

ADES to Buy Four Noble Corp. Jack-up Rigs with Saudi Aramco Contracts

Aug 26, 2021

Offshore drilling firm Noble Corporation will sell four jack-up drilling rigs to drilling company ADES for $292 million. Noble Corp, which recently acquired Pacific Drilling, expects to generate around $285 million in cash from the ADES transaction net of fees…

Spirit Energy Finds More Gas at Grove Field, Extending its Life Until At Least 2028

Aug 26, 2021

UK-based oil and gas company Spirit Energy has said it has discovered more gas at its Grove field in the UK North Sea,  close to the UK–Netherlands median line.The Grove North East development well (49/10a-G7) encountered carboniferous reservoir units at the target depth…

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