Swedish oil firm Lundin Energy has won permission to drill an exploration well in the North Sea, using the West Bollsta semi-submersible drilling rig.The Norwegian Petroleum Directorate, which on Monday said it had issued a drilling permit to Lundin Energy Norway for the North Sea well 16/4-12…
Offshore accommodation rig provider Prosafe said Monday it has won a contract to supply one of its flotels for work with ConocoPhillips in Norway.Prosafe, which has this year seen its fleet utilization decimated due to the pandemic, said ConocoPhillips'…
Up to a quarter of the active floating drilling rig fleet - drillship and semi-submersibles - could be scrapped, as the demand, which had never recovered from the previous downturn, is now expected to remain under pressure 'until 2022,' Rystad Energy…
The UK-based offshore drilling company Awilco Drilling on Monday said it would launch a 'wide range of cost-cutting measures,' citing a newbuild rig contract termination and delay in construction and start-up of another rig.'Awilco Drilling…
Offshore drilling contractor Pacific Drilling can't appeal the ruling under which it was in January ordered to pay $320 million to Samsung Heavy Industry for a 2015 drillship order cancellation.Pacific Drilling had placed the order for the Pacific…
Drilling at the West Bollsta offshore rig, where a 26-ton pipe accidentally dropped on the drill floor last weekend, will not resume until the cause of the incident is identified, oil and gas firm Lundin Energy said.As reported Monday, the incident occurred last Saturday…
Danish offshore drilling company Maersk Drilling has secured more work for its Maersk Voyager drillship with Total in Angola.The contract is for three development wells, to be drilled at Total's offshore Block 17. According to Maersk Drilling…
Chinese oil company CNOOC has signed a contract with offshore drilling rig provider Stena Drilling for the use of the Stena Forth drillship in Canada.CNOOC will use the 228 meters-long drillship to drill one well in the Flemish Pass, offshore Newfoundland and Labrador…
Offshore drilling contractor Transocean has received a listing warning from the New York Stock Exchange after its average closing share price fell below the minimum of $1.00 per share during a consecutive 30 trading-day period. From the date of the formal non-compliance notice…
Turkey has raised the estimated reserves in a gas field off its Black Sea coast to 405 billion cubic meters after finding an additional 85 billion cubic meters, President Tayyip Erdogan said on Saturday.Erdogan said in August the field contained 320 billion cubic meters of gas…
Jack-up rig drilling contractor Shelf Drilling has said it has received a suspension notice for one of its jack-up rigs.The Oslo-listed driller said Monday that a customer had sent it a suspension notice for the Main Pass I jack-up drilling unit…
Offshore drilling contractor Transocean has won a contract extension for its Dhirubhai Deepwater KG1 drillship in India.On Wednesday, Transocean said that its client Reliance had exercised a contract extension option that should see the ultra…
Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country's largest-ever discovery when he visits a drillship in the Black Sea on Saturday.In August, Erdogan hailed the discovery of a 320 billion cubic meter (bcm) (11…
Jack-up drilling contractor Northern Offshore has said that its Energy Enticer jack-up rig has started drilling operation with Qatargas in Qatar.The GustoMSC CJ50 design jack-up rig mobilized to Qatar Petroleum's North Field in early September 2020 despite recent global industry challenges…
Maritime and offshore classification company ABS has expanded its remote surveying capabilities in the offshore industry saying Thursday it could provide remote surveys for the majority of the world’s offshore drilling units.'Already the industry’s most comprehensive remote survey program…