Offshore Drilling News - page 183


Pacific Drilling Working on Samsung Rig Case Appeal

Feb 12, 2020

Offshore drilling rig operator Pacific Drilling is working to appeal a recent ruling according to which the company must pay $320 million to rig builder Samsung Heavy Industries.As previously reported by OEDigital, a London arbitration tribunal…

ExxonMobil, Noble Corp. in Guyana Drillship Pact

Feb 12, 2020

The U.S. oil major ExxonMobil has signed a framework agreement with offshore drilling contractor Noble Corporation to extend the contracts for the three drillships currently operating for Exxon in Guyana, and potentially add more work and more rigs…

ConocoPhillips' Norway Wildcat Comes Up Dry

Feb 12, 2020

ConocoPhillips has drilled a duster at its production license 917, in the North Sea, offshore Norway.The well 25/7-9 S was drilled about 7 kilometers northwest of the Balder field in the central part of the North Sea and 200 kilometers west of Stavanger…

Favorable Ruling for Petrobras in Sete Rig Case

Feb 11, 2020

Brazilian oil company Petrobras has informed that an arbitration tribunal has ruled in its favor in a case related to the Sete Brasil rig orders.Petrobras said that the arbitration tribunal rejected a claim made by an investor in Sete Brasil Participações S…

Long-Term Deal with Petrobras for Constellation's Offshore Rig

Feb 11, 2020

Brazilian offshore contractor Constellation has won an offshore drilling rig contract with Petrobras.Constellation said last week that Petrobras had hired its Atlantic Star semi-submersible drilling rig.In a LinkedIn post, the offshore drilling…

Karoon's Peru Well Hits Non-Commercial Gas Volumes. Drilling Continues

Feb 11, 2020

Australia's Karoon Energy has said that it has encountered water-bearing sands and non-commercial gas shows at the shallower sections of its Marina-1 well offshore Peru.Prior to the start of drilling late in January, Karoon had said that the…

Europe Leads Global Activity Surge

Feb 10, 2020

A slew of reports so far this year suggest a confluence of the right factors for a strong, sustained surge in contracting activity — especially in drilling — seems to be developing, at least in Europe.Several indicators were in January pointing to key some snowballing of new activity…

RigNet's Comms Solutions for Northern Offshore Jack-Ups

Feb 10, 2020

RigNet, Offshore communications, and networking solutions provider has signed a long-term services agreement with offshore drilling contractor Northern Offshore.Under the deal, RigNet will provide several solutions including VSAT Managed Communications Services…

Diamond Offshore's 4Q Loss Narrows. Revenue Up

Feb 10, 2020

Offshore Drilling company Diamond Offshore posted a net loss of $74 million for the fourth quarter of 2019.The result is an improvement compared to a loss of $79 million in the fourth quarter of 2018, and also compared to the third quarter 2019 loss of $95 million…

Tower Wraps Thali Survey Off Cameroon

Feb 10, 2020

Africa-focused oil company Tower Resources has completed a geotechnical survey at its Thali license offshore Cameroon, ahead of the planned drilling operations later this year.'The Geoquip Marine survey vessel MV Investigator completed its survey…

Colombia: Ecopetrol, Shell in Deepwater Team-Up

Feb 07, 2020

Colombia's Ecopetrol and Anglo-Dutch energy giant Royal Dutch Shell have teamed up to develop three blocks in the Caribbean, the state-owned oil company said on Friday. Under the deal, Shell will acquire a 50% operating-stake in the Fuerte Sur…

Latin America, Africa Keep January Offshore Rig Count Up

Feb 07, 2020

There were 268 offshore drilling rigs active in the world in January 2020, oilfield services giant Baker Hughes said in its monthly rig count report released Friday.This is a slight increase compared to 266 offshore rigs actively exploring for oil and gas counted in January 2019…

Fugro Surveying i3's Offshore Drilling Locations

Feb 07, 2020

Dutch offshore survey company Fugro has started a site survey over oil company i3 Energy's UK North Sea licenses, ahead of the planned drilling campaign later this year.North Sea-focused oil company i3 said Friday that Fugro had started the…

BHP to Search for O&G Offshore Barbados

Feb 07, 2020

Anglo-Australian oil and mining giant BHP has obtained 'effective offshore exploration licenses' to search for oil in the waters off Barbados.The Barbados Government Information Service informed this week that the Caribbean country's government…

Noble Corp. Offshore Rig Duo Gets More Drilling Time

Feb 07, 2020

Offshore drilling contractor Noble Corporation has secured more work for two of its drilling rigs in Myanmar and Trinidad.In a fleet status update shared Thursday, Noble said its semi-submersible drilling rig Noble Clyde Boudreaux had won a new contract in Myanmar…

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