Transocean Barents News


Barents Sea-Bound Johan Castberg FPSO Departs for Sea Trials

Jun 03, 2024

Equinor has informed that the floating production storage and offloading (FPSO) vessel Johan Castberg departed for sea trials from Aker Solutions’s Stord yard ahead of its deployment at Barents Sea field.The FPSO for sea trials in Klosterfjorden…

EMGS Scores $3.4M Multi-Client Surveys in Norway

May 31, 2024

Electromagnetic Geoservices (EMGS) has entered into several agreements with Equinor and partners for fully pre-funded multi-client survey acquisitions in the Barents Sea.The combined contracts have a total value of approximately $3.4 million…

Two Dry Wells for Two Norwegian Oil and Gas Firms

May 30, 2024

Norwegian oil and gas companies Vår Energi and Aker BP have drilled two dry wells, one in Barents Sea and the other in North Sea, respectively.Vår Energi drilled the exploration well 7219/6-1 Venus, in production license 1025 S, in the Barents Sea…

Esgian Week 18 Report: Confirmations, Terminations and Suspensions

May 05, 2024

Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS)…

Equinor Cleared for Drilling Ops at Johan Castberg Field with Transocean Enabler Rig

Apr 26, 2024

Equinor has received consent from Norwegian regulator to use Transocean Enabler rig for production drilling/completion and drilling of exploration segment in the Barents Sea.The Norwegian Ocean Industry Authority (Havtil) issued a permit to Equinor for drilling operations at Johan Castberg field…

Esgian Week 16 Report: Rigs on the Move

Apr 21, 2024

Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…

Winthershall Dea Secures Drilling Permit Offshore Norway

Apr 03, 2024

The Norwegian Offshore Directorate has granted Wintershall Dea Norge a permit for a drilling operation in the North Sea that will be conducted using Transocean Norge rig.The permit is for a wildcat well 35/11-27 S in production license 248.Wintershall Dea is the operator of the license with 60%…

Transocean’s Drillship to Stay in Gulf of Mexico Under $195M Contract Extension

Apr 02, 2024

Offshore drilling contractor Transocean has secured a contract extension for its Deepwater Asgard drillship with Hess Corporation for operations in the U.S. Gulf of Mexico.The 365-day contract extension for Deepwater Asgard is valued at $195 million…

Esgian Week 11 Report: New Discoveries in UK and Namibia

Mar 17, 2024

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling…

Wintershall Dea Ups Resource Estimate for Norwegian Sea Discovery

Feb 29, 2024

German oil and gas company Wintershall Dea has increased resource estimates for a gas/condensate discovery near the Dvalin field in the Norwegian Sea, following the drilling of an appraisal well with Transocean Norge rig.Wintershall Dea's appraisal…

Esgian Week 8 Report: Industry Positive About Upcycle

Feb 24, 2024

This week, Esgian reports in its Week 8 Rig Analytics Market Roundup that offshore drilling contractors have expressed their confidence in the strength and longevity of the current upcycle.Report outline:ContractsValaris has confirmed that the contract for the 8…

Equinor Granted Permission to Drill Wildcat Well in Barents Sea

Feb 21, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…

Esgian Week 7 Report: Earnings Season Starts

Feb 18, 2024

Esgian has released its Week 7 Rig Analytics Market Roundup saying “The earnings season for offshore drilling contractors is officially open following Odfjell Drilling's quarterly report on Thursday. Additionally, new contract awards have been confirmed for Borr Drilling…

Transocean Collects $326M in New Drilling Rig Deals

Feb 15, 2024

Offshore drilling contractor Transocean has secured contracts for three of its drilling rigs – semi-submersible Transocean Barents and drillships Deepwater Skyros and Deepwater Invictus – worth approximately $326 million.In its quarterly fleet status report…

Dolphin Drilling Starts Operating Two Semi-Sub Rigs Acquired from Transocean

Feb 15, 2024

Oslo-listed offshore drilling firm Dolphin Drilling has concluded final transfer of ownership from Transocean and started operating two semi-submersible drilling rigs - Paul B. Loyd, Jr. and Transocean Leader.The agreement to acquire the rigs was made in June 2023…

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