Offshore Drilling News - page 7

Shell Books Stena Forth Drillship for Exploration Project Offshore Egypt

Jan 16, 2023

Offshore drilling company Stena Drilling has signed a contract with Shell for the use of the Stena Forth drillship in Egypt.The contract was signed with Shell's subsidiaries, BG Delta Limited and BG International Limited.The Stena Forth is expected to start operating for Shell in 2023…

High Impact Drilling Held Steady in 2022, Discoveries Up to 9.2 Billion Barrels

Jan 13, 2023

In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…

Valaris Bags Drilling Contracts in Brazil, U.S. GoM, and UK North Sea

Jan 13, 2023

Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea.In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship…

Sri Lanka to Open 900 Offshore Blocks for Oil and Gas Exploration

Jan 12, 2023

Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring in vital investments to the crisis-hit country, a top official told Reuters on Thursday…

Three60 Energy Bags Well Engineering Services Deal with BP

Jan 12, 2023

Offshore energy industry services firm Three60 Energy has said it has secured a significant contract with the oil major BP for the provision of well engineering services across BP's global operations.The five-year Global Service Agreement, effective June 1…

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”)…

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