Offshore Drilling News - page 5

Equinor Bites Dust in North Sea Offshore Norway

Jan 11, 2024

Equinor’s exploration well 30/4-4 in the North Sea has come up dry, Norway’s regulator of the petroleum resources Norwegian Offshore Directorate has informed.The well was drilled about seven kilometers north of the Martin Linge field in the North Sea and 180 kilometers west of Bergen…

Valaris Nets Over $1B in Rig Contract Awards and Extensions

Jan 10, 2024

Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia.The $1.14 billion worth contracts were awarded in the last two months of 2023…

Galp Strikes Oil Offshore Namibia

Jan 10, 2024

Portuguese oil and gas company Galp has reported the discovery of light oil in in an exploration well being drilled offshore Namibia with Hercules semi-submersible rig.The news follows Galp’s January 2 update informing about preliminary signs of hydrocarbon presence at the Mopane-1X well…

Esgian Week 1 Report: Rig Swaps and Indian Acreage

Jan 08, 2024

As is tradition, the first week of January is generally quiet in the offshore market. However, Esgian reports that there were still some noteworthy updates related to new contracts, drilling activities, and rig moves.ContractsAfter a bidding…

BW Offshore’s Catcher FPSO to Stay in UK North Sea

Jan 08, 2024

Norwegian company BW Offshore has informed that the contract for its Catcher floating production storage and offloading (FPSO) has been extended beyond fixed term.BW Catcher FPSO, operating at Catcher field in UK, is owned and operated by BW…

Noble Valiant Finds More Work in Gulf of Mexico

Jan 08, 2024

Offshore drilling contractor Noble Corporation has secured contract extension for its Noble Valiant drillship in the U.S. Gulf of Mexico.LLOG Deepwater Development Company and LLOG Exploration Offshore have exercised an option to extend the…

Noble and Petronas Agree Rig Swap Offshore Suriname

Jan 05, 2024

Offshore drilling contractor Noble Corporation and Malaysian oil company Petronas, through its subsidiary Petronas Suriname E&P, have agreed to rig swap for extended scope offshore Suriname.Based on an existing contract option, Noble and Petronas…

Harbour Energy Starts Drilling Gayo-1 Well Off Indonesia

Jan 04, 2024

Oil and gas company Harbour Energy has started drilling the Gayo-1 exploration well in the Andaman II block, offshore Indonesia.Drilling started on December 31, 2023, using West Capella ultra-deepwater drillship.According to SKK Migas, Indonesia’s government regulator…

Talos Starts Production from Two Wells in Gulf of Mexico

Jan 03, 2024

U.S. oil and gas company Talos Energy has started oil and gas production at Lime Rock and Venice discoveries, located near its Ram Powell platform in the U.S. Gulf of Mexico.The Lime Rock and Venice wells were brought safely online in late December…

Galp’s Well in Namibia’s Orange Basin Shows Promise

Jan 03, 2024

Portuguese oil and gas company Galp has reported preliminary signs of hydrocarbon presence in an exploration well being drilled offshore Namibia.Galp (operator, 80%) and its partners NAMCOR and Custos (10% each) initiated the drilling campaign in PEL 83…

Valaris Lands $519M Drillship Deal for Búzios Oil Field Development

Jan 02, 2024

Offshore drilling company Valaris has secured a multi-year contract for drillship VALARIS DS-4 with Petrobras offshore Brazil following a competitive bidding process.The a 1,064-day contract is anticipated to start late in the fourth quarter 2024…

Esgian: New Contracts, Drilling Activities and Rig Moves Across the World

Dec 29, 2023

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling…

Borgland Dolphin Drilling Rig Finds Work Offshore UK

Dec 25, 2023

Offshore drilling contractor Dolphin Drilling has signed a letter of intent for a 500-day drilling campaign with an undisclosed operator in the UK.The 500-day drilling campaign will employ semi-submersible rig Borgland Dolphin.The drilling campaign…

Petrobras Starts New Drilling Campaign in Potiguar Basin

Dec 25, 2023

Brazilian state-run oil group Petrobras has started drilling the Pitu Oeste well, which marks the restart of the company's search for oil and gas in the Equatorial Margin.The drilling of the well, in the BM-POT-17 concession, located 53 kilometers off the coast of Rio Grande do Norte…

Petrobras Contracts Seadrill Drillship Pair

Dec 22, 2023

Offshore drilling contractor Seadrill on Friday announced that Petrobras has awarded 1,064-day fixed-term contracts to each of the West Auriga and the West Polaris in Brazil.The contracts are expected to commence in the fourth quarter of 2024 and represent total contract value of approximately $1…

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