Offshore Drilling News - page 14


New Head for Glamox’s Marine, Offshore, and Wind (MOW) Division

Oct 25, 2023

Lighting solutions specialist Glamox said Wednesday that Tommy Stranden would replace Håkon Helmersen as Chief Sales & Commercial Officer for Glamox’s Marine, Offshore, and Wind (MOW) division.Stranden (46) is the general manager for MOW’s Northern Europe business…

Lebanon Wants TotalEnergies' Consortium to Drill Second Well in Offshore Block 9

Oct 25, 2023

Lebanon wants a consortium led by TotalEnergies to drill another well at offshore Block 9 quickly, after a first well did not find enough natural gas to be commercialized, energy minister Walid Fayad told Reuters.The consortium drilling in Block…

Halliburton Profit Jumps 32% on Higher Global Drilling Demand

Oct 24, 2023

Halliburton reported a 32% rise in third-quarter profit on Tuesday as higher international drilling and equipment demand helped overcome weakness in North America.Oil and gas companies, who rely on service providers for drilling, well construction…

Norwegian Sea: Equinor's First Well in PL 1058 Confirmed Dry

Oct 24, 2023

Equinor, the Norwegian oil and gas company, has finalized the drilling of the wildcat well 6307/1-2, located 36 kilometers to the south of the Njord field in the Norwegian Sea. The well has been confirmed as dry.This is the first well drilled in the production licence 1058…

SLB Profit Beats on Strength in Global Drilling Activity

Oct 20, 2023

SLB edged past estimates for quarterly profit on Friday as strength in the overseas drilling market to meet the insatiable global appetite for oil drove demand for its oilfield equipment, offsetting weakness in North America.Oilfield services…

Northern Drilling to Challenge Arbitration Tribunal Ruling in Drillship Dispute with Hanwha

Oct 20, 2023

Offshore drilling rig owner Northern Drilling said Thursday it would appeal an arbitration tribunal ruling from September, which ruled in favor of South Korea's Hanwha and against Northern Drilling in a case over drillship order cancellations…

Transocean's Quarterly Rig Fleet Report: $745 Million in Drilling Contracts Secured

Oct 19, 2023

Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts.During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1…

Greenpeace Loses Legal Challenge to UK's New North Sea Oil and Gas Licenses

Oct 19, 2023

Britain's decision to authorize new licenses for oil and gas exploration in the North Sea was lawful, London's High Court ruled on Thursday, dismissing a legal challenge by Greenpeace. The environmental campaign group had argued Britain's failure…

Dolphin Drilling Wins Letter of Award for Offshore Drilling Project in India

Oct 19, 2023

Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…

Oil Rush in Namibia's Orange Basin: Galp Prepares for Massive 10 Billion Barrel Oil Hunt as Rig Approaches

Oct 19, 2023

Portuguese oil and gas company Galp is gearing up to start drilling a well in an offshore block in Namibia, near the giant oil discoveries made recently by TotalEnergies and Shell.In May, Galp entered into a contract with SFL Corporation for the semi-submersible rig Hercules…

Shell's Court Battle Over S.Africa Offshore Exploration Delayed -Lawyer

Oct 18, 2023

A court case over whether to allow Shell to explore for oil and gas off South Africa's pristine Wild Coast has been delayed until next year, a lawyer for environmentalists said on Wednesday.Shell wants to overturn a decision by the Makanda High…

Dutch Firm to Design 2GW North Sea Offshore Wind Platform

Oct 18, 2023

Dutch offshore engineering company Iv-Offshore & Energy has signed a contract with Singapore-based construction firm Seatrium (ex-Sembcorp Marine) for the design of the 2GW IJmuiden Ver Beta platform, to be deployed in the North Sea, offshore the Netherlands…

Lebanon's Offshore Exploration Hits a Snag: No Hydrocarbon Discovery in Block 9 - Reuters

Oct 13, 2023

No hydrocarbon finds were made after exploratory drilling operations at Lebanon's offshore Block 9, two sources with direct knowledge of the matter told Reuters on Friday.Lebanon's energy minister and officials from the Lebanese Petroleum Administration declined to comment…

Van Oord Installs 62 Jacket Foundations at Saint-Brieuc Offshore Wind Farm

Oct 13, 2023

Dutch offshore installation firm Van Oord said Friday it had installed all 62 jacket foundations at the Saint-Brieuc offshore wind farm in France.The Saint-Brieuc offshore wind farm is being constructed in the Bay of Saint-Brieuc, 16.3 kilometers off the coast of Brittany…

Azule Energy Eyes 14% Production Boost. Plans 16 Offshore Wells Over Next Four Years

Oct 12, 2023

Angola's largest private oil and gas company Azule Energy plans to raise production by around 14% to 250,000 barrels per day (bpd) by 2026, its CEO said on Thursday, in a boost to the country's plans to turn around flagging output.Azule Energy…

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