Offshore Drilling News - page 239


ABS, GE Partner on Digital Rigs

Nov 29, 2018

ABS awarded GE Service Provider recognition for GE’s Marine Solutions’ SeaStream Insight—a data analytics-informed solution that provides health and performance monitoring of rig equipment via a digital twin—enabling condition-based maintenance on ABS classed rigs…

Tullow Acquires 35% Stake in Comoros PSC

Nov 29, 2018

The wheels of discovering and exploiting hydrocarbon resources offshore the Union of the Comoros, off Africa's east coast, may have been moving albeit slowly since 2008 when the government first invited bids for exploration of oil and gas in the Indian Ocean's volcanic archipelago…

Seadrill Expects Contracting Rigs Market to Improve

Nov 27, 2018

Norwegian offshore drilling rig firm Seadrill Ltd sees the contracting rigs market improving from 2019-20, as it reported its first quarterly results on Tuesday since emerging from Chapter 11 bankruptcy in July.The company, controlled by Norwegian-born billionaire John Fredriksen…

Rolls-Royce to Equip New Drilling Rigs

Nov 27, 2018

Rolls-Royce said it has signed agreements for the supply of mooring equipment to drilling rigs under construction at Singapore’s KeppelFELS yard and China Merchants Heavy Industry’s facility in Jiangsu, China.The 12-point mooring system Rolls…

Ecopetrol Sets 2019 Investment at $3.5 billion

Nov 27, 2018

Colombian state-run oil company Ecopetrol said on Tuesday it will invest between $3.5 billion and $4 billion in 2019, slightly above this year as it bolsters spending on exploration and production projects.The investment is the backbone of an…

Seadrill CEO Sees 2019 as Another Challenging Year

Nov 27, 2018

The next year will be another challenging time for offshore drillers due to continuing supply overhang even though prices are starting to improve, the chief executive of rig firm Seadrill told Reuters on Tuesday.The Oslo- and New York-listed company…

JDC Bags Indonesian Drilling Contract

Nov 26, 2018

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has entered into a drilling contract with Premier Oil for the provision of the Hakuryu-11 jack-up drilling rig.JDC announced in a press release that that its subsidiary company 'P…

Canadian Drillers Expect Flat Year

Nov 26, 2018

The Canadian Association of Oilwell Drilling Contractors (CAODC) said that the Canadian oil and gas industry is simply too dysfunctional to anticipate any kind of quick recovery.As a result, Canadian service companies are exploring any and all options to generate positive cash flows…

UK Ambassador Visits Energean's Offshore Facilities

Nov 26, 2018

United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat the Prinos Oil Field Platforms and “Energean Force”, the Energean owned drilling rig…

Equinor Extends Maersk Intrepid Deal

Nov 25, 2018

Norwegian multinational energy company Equinor ASA has exercised two options of two months each for jack-up rig Maersk Intrepid, said Danish offshore driller Maersk Drilling.As a result, the rig is now contracted to Equinor until the end of February 2020…

Eni Norge Granted Drilling Permit

Nov 22, 2018

The Norwegian Petroleum Directorate (NPD) has granted Eni Norge AS a drilling permit for well 7122/7-7 S, cf. Section 15 of the Resource Management Regulations.The well  will be drilled from the West Hercules drilling facility after concluding the drilling of wildcat well for Equinor Energy AS…

Lundin to Drill Barents Sea Well

Nov 22, 2018

Europe's independent oil and gas exploration and production company Lundin Norway will drill and test a new exploration well in the Barents Sea, following approval by the Norwegian Petroleum Safety Authority (PSA).'Lundin is the operator for production licence 767…

Faroe Petroleum Spuds Well off Norway Coast

Nov 21, 2018

Aberdeen-headquartered Faroe Petroleum has started drilling the Brasse East exploration well off the coast of Norway.The oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK announced…

Rowan Drillship Swap

Nov 21, 2018

U.S. offshore drilling contractor Rowan announced on Wednesday that its charter contract with Fieldwood Energy for the Rowan Reliance will be transferred to the Rowan Resolute under the same contractual terms, which includes a one-year, firm term plus three 90-day options…

Shelf Drilling Bags Contract Extension for Trident XIV Jack-up Rig

Nov 20, 2018

International jackup drilling contractor Shelf Drilling announced that it has secured a one-year extension on the Trident XIV jack-up rig in direct continuation of its current contract for workover operations offshore Nigeria.The  international…

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