The oil and gas service company in the completion sector Tendeka reports it has more than doubled its work in the UK offshore sector over the past 12 months.The independent global completions service company said in a press release that the…
Norway's offshore safety watchdog has give Lundin consent to drill a pair of exploration wells in the North Sea, the Petroleum Safety Authority said on Thursday.The two wells 16/5-8 S and 16/5-8 A are in production licence 815, where Lundin is operator with 60% interest…
Ensco and Rowan Companies have completed a previously announced merger, creating the new combined offshore drilling company Ensco Rowan, the world's largest by fleet size.The merger completion follows the satisfaction of the transaction’s closing…
Norway based HydraWell said it has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment (P&A) services in the UK North Sea.The contract is valid for five years and is expected…
Well-Safe Solutions announced Tuesday that it has agreed to acquire the Ocean Guardian semisubmersible drilling unit from Diamond Offshore.Upon delivery, Well-Safe will immediately start work to upgrade the rig, to be renamed Well-Safe Guardian…
Development of the Finlaggan field in the UK Central North is progressing as planned and is on pace to deliver first production in the fourth quarter of 2020, operator Zennor Petroleum said in an update on Monday.The UK based company is currently…
Mediterranean focused oil and gas producer Energean announced Monday it has completed drilling operations and began producing from the extended reach well EA-H3 offshore Greece in the Mediterranean Sea.The well was brought into production on…
Offshore engineering company Aquaterra Energy said it has been awarded a contract by Lundin Norway to deliver early well construction, via its Well Start solution, on three additional wells in the Edvard Grieg field offshore Norway.The project…
Italian oil and gas industry contractor Saipem has won two new offshore drilling contracts in Norway and Middle East with a total value exceeding USD $200 million.One contract was signed with the German company Wintershall for the drilling of…
Singapore-based tender assist rig specialist Energy Drilling and Houston-headquartered Atlantica Tender Drilling (formerly BassDrill) are planning to merge into what is expected to become the second largest tender drilling contractor.Tender rig pair signed a letter of intent (LoI) for the merger…
Serica Energy, UK oil and gas company operating mainly in the North Sea, said that the Rowallan well was drilled down to a depth of 4,641 metres and after an unsuccessful result, it will now be plugged and abandoned.It encountered a 182-metre…
Equatorial Guinea, one of Africa's top natural gas producers, is struggling with the reality of dwindling oil and gas resources and the hurdle of attracting financing for the monetization of the current output from its offshore fields.The country…
A.P. Moller-Maersk spun off its oil and gas drilling unit and listed it separately on the Copenhagen stock exchange on Thursday, where it was traded slightly below the book value it had in Maersk's own accounts.The demerger is a part of the…
Norwegian multinational energy company Equinor has concluded the drilling of wildcat well 36/1-3 in production licence 885 in the northern part of the North Sea offshore Norway. The well was dry, the Norwegian Petroleum Directorate (NPD) said…
Based on geological studies that point to great potential for ultra-deepwater pre-salt oil reserves beyond its exclusive economic zone (EEZ), the Brazilian government is considering offering for the first-time exploratory blocks beyond the limits…