Offshore Drilling News - page 190


Tower Gets More Time for Cameroon Drilling

Jan 15, 2020

Tower Resources has been given more time to explore at the Thali license in Cameroon.Tower said Wednesday that the country's authorities had granted it a one-year extension to the initial period of the exploration phase of the Thali PSC as requested by Tower…

Shelf Drilling Finds Work for Ex-Maersk Jack-Up

Jan 14, 2020

The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…

ConocoPhillips Makes Minor Oil Find Offshore Norway

Jan 14, 2020

ConocoPhillips has made a minor oil discovery in the Norwegian part of the North Sea, near the Balder field. The company’s Norwegian subsidiary, ConocoPhillips Skandinavia, made the find while drilling the 25/7-8 S exploration well in the production…

Total to Drill Deepest Ever Offshore Well Using Maersk Rig

Jan 14, 2020

French oil company Total will drill the deepest offshore well by water depth using the Maersk Voyager drillship owned by Maersk Drilling.The Danish offshore drilling contractor said Tuesday that, based on the conditional letter of award previously announced in the third quarter of 2019…

Lekoil Tricked Into Signing Fake $184M Loan Deal

Jan 14, 2020

Africa-focused oil company Lekoil on January 2 said it had secured $184 million (gross) of funding for the appraisal drilling and initial development program activities on the Ogo field, in the OPL 310 block, offshore Nigeria.The loan, Lekoil said at the time…

Tullow Gets More Time Offshore Jamaica

Jan 14, 2020

Tullow Oil has been given more time to decide on whether to drill a well at an offshore block in Jamaica’s Walton Morant Basin. The company is also in talks to farm-out some of its share in the block.The news of the extension was shared on Tuesday morning by United Oil & Gas…

The Future is in the North

Jan 13, 2020

Sea usesWhile others are known as rulers of the seas, Norway has been more known as users, locally and worldwide. No wonder, since Norwegian waters are covering an area of close to six times the size of the Norwegian land areas.There is considerable…

CNOOC to Drill 227 Exploration Wells in 2020

Jan 13, 2020

Chinese oil company CNOOC plans to drill 227 exploration wells in 2020 and has set aside up to around $13,8 billion for capital expenditures, CNOOC's highest annual Capex since 2014, according to Reuters.CNOOC said Monday that its targeted net…

Batched Drilling Saves Rig Time at Mad Dog 2

Jan 13, 2020

With the Argos semisubmersible due to begin production from BP’s Mad Dog field in late 2021, the drilling team needed to ensure the drilling campaign stayed on schedule.BP did this by dedicating and integrating experienced drilling engineers and geoscientists to plan…

Lundin Cuts Ambition for Arctic Alta, Gohta development

Jan 13, 2020

Lundin Petroleum has cut its resource estimate for the Alta oil discovery in the Norwegian Arctic, and no longer sees Alta and the nearby Gohta find as commercially viable for a joint field development, the Swedish company said on Monday.The company…

COSL, Equinor Settle Rig Termination Dispute

Jan 10, 2020

Chinese offshore drilling contractor COSL has settled a rig contract termination dispute with Equinor and has entered into an agreement with the oil company for potential future rig work.Equinor - then known as Statoil - in March 2016 terminated…

Aker BP to Use Deepsea Nordkapp Rig For Alvheim Producer

Jan 10, 2020

The Norwegian offshore safety regulator PSA Norway has given its consent for Aker BP to use Odfjell Drilling's Deepsea Nordkapp drilling rig to drill at the Alvheim field, off Norway.The consent covers the use of the Deepsea Nordkapp semi-submersible…

Exploration in 2020: The Transition is Yet to Start

Jan 10, 2020

The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…

Equinor Obtains Approval for Bauge Drilling

Jan 10, 2020

The Norwegian oil company Equinor has secured consent to use the Transocean Norge offshore drilling rig for drilling operations in the Norwegian Sea.The country's offshore safety body, Petroleum Safety Authority Norway, on Friday gave its approval…

World Adds 22 Offshore Rigs, Baker Hughes Dec. Count shows

Jan 10, 2020

There were 282 offshore drilling rigs actively exploring for or developing oil or natural gas worldwide in December 2019.This is an increase of 22 offshore drilling rigs compared to December 2018, according to Baker Hughes' weekly rig count report issued earlier this week…

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