Offshore Drilling News - page 3

Guyana Eyes Offshore Oil, Gas Blocks Award to Indian Companies in Gov't Deals

Jan 12, 2023

Guyana is looking at awarding oil and gas exploration blocks to Indian companies as part of a broader hydrocarbon cooperation it is negotiating with India, the South American nation's president said on Thursday.Guyana, home to one of the largest oil discoveries in the last decade…

Global Offshore Drilling Outlook – New Play Exploration Appetite Steady But Strong

Jan 12, 2023

Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…

Aker BP in Drilling, Well Alliances with Noble Corp, Odfjell Drilling, Halliburton

Jan 12, 2023

The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…

Europa Hires Advisor for Inishkea Gas Prospect Farm-out

Jan 11, 2023

Europa Oil & Gas, a company that owns an offshore block in Ireland containing what it says is the 'significant' Inishkea gas prospect, has hired advisors to help it find a partner to drill at the prospect.Europa has engaged Llamas and Bannister…

UK North Sea: Shell Hits Gas at Pensacola

Jan 11, 2023

Oil major Shell, which is currently drilling the high-impact Pensacola well in the UK North Sea, has encountered gas at the site's reservoir and has recommended to its partners Deltic and One Dyas that a full well testing program be undertaken…

ExxonMobil Wins Exploration Rights Offshore Egypt

Jan 10, 2023

Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…

Norway Awards 47 Offshore Oil and Gas Exploration Licenses

Jan 10, 2023

Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…

One-year Extension for Shelf Drilling Jack-up Rig in Egypt

Jan 10, 2023

Jack-up rig specialist Shelf Drilling has won a one-year contract extension for the Trident 16 jack-up rig in Egypt.The contract will be in direct continuation of the rig's current term with Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez…

Dolphin Drilling Wins More Work in Nigeria for 1974-built Offshore Rig

Jan 09, 2023

Dolphin Drilling's semi-submersible drilling rig, the Blackford Dolphin, has received a letter of award for additional work in Nigeria.This additional work will take effect in direct continuation of the previously announced $96 million contract with General Hydrocarbon Limited (GHL)…

Transocean Looking to Raise $500M via Senior Secured Notes Offering

Jan 09, 2023

Offshore drilling company Transocean is looking to raise $500 million through a private offering of senior secured notes due in 2028. The offshore drilling contractor said Monday that its subsidiary, Transocean Titan Financing Limited (“Transocean Titan”)…

BW Energy Spuds First Hibiscus Production Well at Dussafu Block Offshore Gabon

Jan 09, 2023

Oil and gas company BW Energy has started drilling the first production well on the Hibiscus / Ruche Phase 1 development in the Dussafu Block offshore Gabon. The company said Monday that drilling operations had started in the first week of January…

ONGC Books Another Shelf Drilling Jack-up for Mumbai High Drilling

Jan 09, 2023

Offshore drilling rig owner Shelf Drilling has signed a three-year contract for the Trident II jack-up rig with the Indian national oil company ONGC.The contract covers the operation of the Trident II rig in the Mumbai High area, off the coast of India…

Dana Petroleum Extends Island Innovator for UK Drilling Program

Jan 06, 2023

Norwegian offshore drilling firm Island Drilling announced on Thursday that Dana Petroleum has exercised its option to extend the Island Innovator drilling rig’s assignment in the U.K.The option prolongs an initial 80-day, three-well contract…

Murphy Oil Fails to Strike Hydrocarbons Offshore Mexico

Jan 06, 2023

Murphy Oil Corp said on Friday it failed to encounter commercial hydrocarbons after concluding drilling at a well in Block 5 of the Salina Basin offshore Mexico.The company is the operator and holds a 40% working interest in Block 5, while Malaysia's…

Polish Firm Books Chinese Offshore Rig for Norwegian Sea Drilling

Jan 05, 2023

The Norwegian offshore drilling company Odfjell Drilling has, on behalf of the China-based rig owner CIMC Offshore, signed a contract with the Polish oil firm PGNiG for the Deepsea Yantai offshore drilling rig.PGNiG will use the semi-submersible drilling rig to drill one firm well…

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