Offshore Shallow Water News - page 2

The Philippines: Shell to Sell Malampaya Field Stake to Udenna for up to $460M

May 20, 2021

Oil and gas giant Shell has struck a deal to sell its subsidiary Shell Philippines Exploration B.V. (SPEX) to Udenna Corp's subsidiary Malampaya Energy XP.SPEX holds a 45% operating interest in Service Contract 38 (SC38), which includes the producing Malampaya gas field…

PTTEP Makes Another Gas Discovery Offshore Malaysia

May 19, 2021

Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.The company has been…

Norway: Chrysaor's North Sea Wildcat Comes Up Dry

May 18, 2021

Oil and gas company Chrysaor has drilled a dry well at the production license 973, in the North Sea, offshore Norway.The exploration well 15/12-26, targeting the Ilder prospect was drilled 26 kilometers south of the Sleipner Øst platform and…

Ineos Books Maersk Resolve Drilling Rig for UKCS Project

May 17, 2021

Ineos Oil & Gas UK has hired Maersk Drilling's harsh-environment jack-up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 42/13 of the UK North Sea. The contract is scheduled to start in the third quarter of 2021…

Aban Offshore Resumes Jack-up Rig Ops after Suspension Due to Virus Outbreak

May 13, 2021

Indian offshore drilling rig owner Aban Offshore has resumed operations at its Aban IV jack-up drilling rig following a suspension due to a Covid-19 outbreak.Aban Offshore had suspended operations on the 1983-built, 2011-refurbished offshore drilling rig in the first week of May…

Carnarvon: Buffalo Drilling Rig Tender Nears Completion. Spud Date Set for Q4

May 11, 2021

The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum's and Advance Energy's Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021…

Jindal Bags 3-Year Jack-Up Rig Charter with ONGC

May 07, 2021

Indian oil and gas company ONGC has chartered a jack-up drilling rig from the Indian offshore drilling contractor Jindal Drilling & Industries.Jindal said this week that the ONGC had sent a letter of award for the charter hire of the jack-up drilling unit Jindal Explorer…

No Oil at BW Energy's Appraisal Well Offshore Gabon

May 06, 2021

BW Energy, an Oslo-listed oil firm, said Thursday that the drilling of the Hibiscus Extension appraisal well DHIBM-2 in the Dussafu Marin license in Gabon had fallen short of expectations, hitting water instead of oil.'The primary objective…

Saudi Aramco Awards Ten-Year Deal for Shelf Drilling's Jack-Up Rig

May 06, 2021

Oslo-listed offshore drilling contractor Shelf Drilling has secured a ten-year contract extension for the High Island IX jack-up rig.The contract for the 1983-built, 2012-upgraded jack-up drilling unit is in direct continuation of its current contract in Saudi Arabia…

Shelf Drilling Nets 3-year Drilling Rig Contract in India

May 05, 2021

Jack-up drilling rig contractor Shelf Drilling has secured a contract in India for its Trident XII jack-up drilling unit. The contract is with the Indian oil company ONGC. Under the three-year contract, the Trident XII drilling rig will be used…

Offshore Incident: Velesto's Jack-Up Rig Tilts, Submerges Off Sarawak, Malaysia

May 04, 2021

A jack-up rig owned by Malaysian drilling contractor Velesto tilted and submerged at a location offshore Sarawak, Malaysia on Tuesday, the rig owner said.'The Board of Directors of Velesto Energy Berhad [...] regrets to inform that an incident involving one of our rigs…

Nigeria Sweetens Energy Reform Bill to Attract more Big Oil Cash

Apr 19, 2021

Nigeria has sweetened the terms of a sweeping oil reform bill in a bid to attract much-needed investment to its oil industry, four people closely involved with the legislation said and a letter from oil companies, seen by Reuters, showed.The…

BW Energy Starts Drilling Campaign Offshore Gabon

Apr 19, 2021

Oil and gas company BW  Energy has started an offshore drilling campaign in Gabon with the spud of the Hibiscus extension appraisal well, using Borr Drilling's Norve jack-up drilling rig.The campaign is a three-well program on the  Dussafu license…

Velesto Secures 7-well Drilling Deal with Shell in Malaysia

Apr 08, 2021

Oil major Shell has awarded an offshore drilling contract to Malaysian drilling company Velesto, for operations offshore Malaysia.Velesto will, for Shell's subsidiaries Sabah Shell Petroleum (based in Miri, Malaysia) and Sarawk Shell (in Kota Kinabalu…

PTTEP Discovers Oil and Gas at Sirung-1 Well, Offshore Malaysia

Mar 30, 2021

Thai oil and gas company PTTEP has made an oil and gas discovery from the first exploration well, Sirung-1, in Block SK405B, off the coast of Sarawak, offshore Malaysia.Phongsthorn Thavisin, PTTEP Chief Executive Officer, disclosed that PTTEP…

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