Offshore Drilling News - page 4


US Drillers Add Oil and Gas Rigs for First Time in Four Weeks

May 20, 2024

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by one to 604 in the week to May 17…

Serica Energy Gets Go-Ahead to Develop Belinda Field

May 20, 2024

UK-based oil firm Serica Energy has received final approval from the North Sea Transition Authority (NSTA) to develop its fully owned and operated Belinda field in the North Sea.The field will be tied back to the Triton FPSO following the drilling…

Esgian Week 20 Report: Update on Saudi Suspensions

May 19, 2024

Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…

Seadrill to Sell its Qatar Jack-up Fleet

May 16, 2024

Offshore drilling contractor Seadrill on Thursday announced it has reached a deal to sell its three-rig fleet of jack-ups in Qatar.The definitive agreement will see Seadrill sell the rigs West Castor, West Telesto and West Tucana, as well as…

Diamond Offshore Nets $350M for Ocean BlackHawk Drillship Contract Extension

May 16, 2024

U.S.-based offshore drilling company Diamond Offshore has secured a contract extension with Anadarko Petroleum, a wholly owned subsidiary of Occidental, for Ocean BlackHawk drillship in the U.S. Gulf of Mexico.The two-year contract extension…

Petronas Makes Oil and Gas Discovery Offshore Suriname

May 16, 2024

Petronas Suriname E&P, a subsidiary of Malaysia’s energy company Petronas, has made a third hydrocarbon discovery at the Fusaea-1 exploration well in Suriname’s Block 52.The discovery is located about 170 kilometers offshore and 9 kilometers east from Roystonea-1…

ExxonMobil Strikes Oil Offshore Angola

May 15, 2024

ExxonMobil and its partners have made an oil discovery at Block 15 offshore Angola, while drilling the exploration well located in the Kizomba B development area.The discovery was made while drilling the Likembe-01 well in Block 15, operated by ExxonMobil…

Esgian Week 19 Report: New Offshore Acreage Offered

May 12, 2024

Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct…

Australia Backs Long-Term Gas Drilling Despite 2050 Climate Goals

May 10, 2024

Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners.Australia is one of the world's largest exporters of liquefied natural gas (LNG)…

Petrobras to Begin Drilling at Colombia's Uchuva-2 Well This Month

May 09, 2024

Brazil's state-run oil firm Petrobras will begin to drill off Colombia's coast at its Uchuva-2 well this month, Chief Exploration and Production Officer Joelson Mendes told journalists during a press-conference in Houston on Tuesday.The promising…

Petrobras Required to Assess Indigenous Impact of Amazon Offshore Drilling

May 09, 2024

Brazil's state-run oil firm Petrobras must do a series of studies on the impact on Indigenous groups in the Amazon area of planned offshore drilling nearby in order to analyze the project's viability, according to a federal agency and documents from government agencies…

Into the Deep: Offshore Production Increasingly Finds Deeper Waters

May 08, 2024

Offshore energy is on a growth trajectory. Rystad Energy wrote in February 2024 that upstream oil majors were diving in to deeper waters. “Despite tightened budgets, frontier drilling is fueling optimism for a productive year, particularly deepwater projects in the Atlantic Margin…

Seadrill Nets Two Drillship Commitments

May 07, 2024

Offshore drilling contractor Seadrill on Tuesday announced it has secured new contract awards for two of its drillships.The West Capella secured a one-well contract in South Korea, with an estimated duration of 40 days, valued at approximately $32 million…

Valaris Jack-up Using AI for Man Overboard Detection

May 07, 2024

A Valaris jack-up drilling rig is using an AI-enabled intelligent detection and tracking solution to provide automated person overboard detection and alerts, marking the first time the cutting-edge technology has been deployed in the offshore oil and gas sector…

Aker BP Gets Clearance to Drill Two Exploration Wells Offshore Norway

May 07, 2024

The Norwegian Offshore Directorate has granted Aker BP a drilling permit for two wells in the Barents Sea, which will be drilled using Saipem’s Scarabeo 8 semi-submersible rig.The permit issued by Norwegian Offshore Directorate are for the wildcat…

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