Transocean Barents News


Harbour Energy Finds Oil and Gas in North Sea

Dec 19, 2025

Harbour Energy and its partner Petoro have proven gas condensate in the Camilla Nord prospect in the North Sea.The wildcat wells 35/8-8 S and A were drilled in production licenses 248 LS and 248 B, which are part of the Vega Unit in the North Sea…

Equinor, Partners Okay $395M Johan Castberg Tie-Back Scheme

Dec 11, 2025

Equinor, Vår Energi and Petoro will invest around $395 million (NOK 4 billion) in the first discovery tied back to the Johan Castberg field in the Barents Sea.The decision comes eight months after Johan Castberg came on stream. Recoverable oil…

Transocean’s Ultra-Deepwater Drillship Up for $130M Australian Job

Dec 09, 2025

Offshore drilling contractor Transocean has signed a six-well contract with an undisclosed operator for its Deepwater Skyros drillship, offshore Australia.The estimated 320-day campaign is expected to start in the first quarter of 2027 and contribute approximately $130 million in backlog…

Vår Energi Makes Oil Find Near Goliat Field in Barents Sea

Dec 04, 2025

Vår Energi has confirmed an oil discovery in the Goliat North exploration well, located close to its operated Goliat field in the Barents Sea.  The exploration well located five kilometers north of the Goliat field encountered hydrocarbons in the Realgrunnen and Kobbe formations…

ConocoPhillips Finds Gas Offshore Australia

Nov 17, 2025

ConocoPhillips Australia has confirmed a natural gas discovery at its Essington-1 exploration well in the Otway Basin, marking the first find in the basin since 2021.The well, located in permit VIC/P79 about 53 km offshore Port Campbell and 12 km from existing production infrastructure…

Vår Energi's Appraisal Well Confirms Barents Sea Oil Find

Nov 13, 2025

Vår Energi has confirmed its Zagato oil discovery in the Barents Sea following successful results from appraisal well 7122/8-4 S, drilled just north of the Goliat field.The well, located in production license 229, about 90 kilometers from Hammerfest…

Equinor Cleared for Drilling Job in Barents Sea

Nov 07, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for a wellbore 7220/7-5 in production license 532, operated by Equinor with 46.3% working interest.Equinor’s partners in the license are Vår Energi with 30%…

Equinor Gets Go-Ahead for Drilling Operation in Barents Sea

Oct 29, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for a wellbore 7018/5-2 in production license 1236.The license is operated by Equinor with 50% stake, with partners…

Norway Clears Harbour Energy’s Drilling Op in North Sea

Oct 02, 2025

The Norwegian Offshore Directorate (NOD) has granted Harbour Energy a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/8-8 S in production license 248 LS and 248 B.The license is operated by Harbour Energy with 60% working interest…

Transocean Lands $243M in Ultra-Deepwater Drillship Contract Extensions

Oct 02, 2025

Offshore drilling contractor Transocean has secured contract extensions with BP and Petrobras for two of its ultra-deepwater drillships.In aggregate, the fixtures represent approximately $243 million in firm contract backlog.In the U.S. Gulf of America…

Transocean to Dispose of Five Stacked Rigs to Optimize Fleet

Sep 01, 2025

Offshore drilling contractor Transocean has announced plans to dispose of four drillships and one semi-submersible drilling rig as part of its fleet optimization efforts.On August 27, 2025, Transocean announced it intends to dispose of, by sale to a third party for recycling or alternative use…

Norway Greenlights Equinor's Exploration Drilling Op

Sep 01, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for an exploration well in the Norwegian Sea.The permit is for wellbore 6407/1-B-2 H in production license 1121, operated by Equinor with 36.4% working interest.Other partners in the license include TotalEnergies with 29…

Equinor’s Barents Sea Wildcat Fails to Deliver

Sep 01, 2025

Equinor and its partners have drilled a dry well in the Deimos prospect in the Barents Sea.The wildcat well 7117/4-1 was drilled in production license 1238, 135 kilometers west of the Snøhvit field and 260 kilometers northwest of Hammerfest…

Equinor Confirms Oil and Gas Discovery in Norwegian Sea Wildcat Well

Aug 29, 2025

Equinor has proven petroleum in a wildcat well in Norwegian Sea, drilled by Transocean’s Transocean Encourage semi-submersible drilling rig.The well 6506/12-PB-3 H was tested the Smørbukk Midt prospect, located between Smørbukk and Smørbukk Sør about 250 kilometres southwest of Brønnøysund…

Johan Castberg Pivotal to Future Development of Barents Sea

Aug 10, 2025

The Johan Castberg field is important to the further development of the Barents Sea, says the Norwegian Petroleum Directorate, as it will be producing oil for many years to come, and new discoveries can be incorporated.The Johan Castberg oil field came on stream in March…

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