Rolls-Royce said it has signed agreements for the supply of mooring equipment to drilling rigs under construction at Singapore’s KeppelFELS yard and China Merchants Heavy Industry’s facility in Jiangsu, China.The 12-point mooring system Rolls…
Alpha Petroleum is proving that there’s room for small independents to make their mark in the UK North Sea. Elaine Maslin looks at the firm’s Cheviot field plan. Image from Centrica. Some fields get a second chance…
Alpha Petroleum Resources has inked a contract with Awilco Drilling for drilling 18 development wells on its Cheviot field development in UK North Sea. The drilling, using the WilPhoenix semisubmersible drilling rig, will take about 1080 days and is due to start in Q2 2018…
Petrovietnam Drilling & Well Service Corp. (PV Drilling) signed a contract for use of the PV Drilling jackup rig for KrisEnergy in the Gulf of Thailand. PV Drilling I jackup. Image from PV Drilling…
UK-based semisubmersible rig operator Awilco Drilling has said global floater fleet utilization could finally start to recover from 2018. The firm says the decline in exploration and production spending seems to be bottoming out in 2017…
UK-based driller Awilco Drilling has swung back to a profit in Q2, but is set to cold-stack its WilHunter semisubmersible due to lack of work opportunities for it in the short-term. The WilHunter will join a fleet of seven cold-stacked…
Drilling contractor Awilco Drilling posted zero revenues for Q1 this year and a net loss of US18.7 million, thanks to one rig being out of work and another undergoing work. While the firm has work for one of its two semisubmersible rigs…
Despite posting an increase in profits, Danish drilling firm Maersk Drilling has warned that there's a need for a different cost level in the offshore drilling industry. The firm posted US$751 million profits for 2015, up from $478 million in 2014…
The Aberdeen, Highlands & Islands branch of the Energy Institute (EI) is hosting its annual MSc Student Best Paper competition for postgraduate students in Aberdeen later this month, with support from OE (Offshore Engineer). The event…
SOCAR-AQS signed a joint venture (JV) agreement with Archer Assets UK and Nobel Oil Services to establish Oğuz Drilling, a new platform drilling company in Azerbaijan, with a focus on the Caspian Sea. With support from SOCAR-AQS, Archer and Nobel Oil Services…
Maersk Drilling and Awilco Drilling reported operational updates for 1Q 2015. Maersk Drilling realized a profit of US$116 million during 1Q 2015 due to fleet growth and operational performance, despite two idle rigs. The result is attributed…
A leading control and instrumentation firm has been awarded a six-figure contract to supply control systems to Awilco Drilling’s (AWDR) semi-submersible drilling unit, the WilPhoenix. The Aberdeen-based RCP control system upgrade on…
UK-based drilling rig operator Awilco says the UK North Sea floating drilling rig market is close to sold out until mid-2015. Announcing its Q1 results, the firm said due to the sustained “high” oil price and increased operator financial discipline…
Eleven panel sessions will give visitors to the SPE Offshore Europe 2013 conference unprecedented access to hear the views of top industry executives, government ministers and discipline specialists.The panel sessions will all aim to respond to the conference theme…
North Sea independent Ithaca Energy will use Petrofac's FPF-1 semi – the former AH-001 deployed by Hess on Ivanhoe/Rob Roy – as a production hub to develop the Greater Stella Area (GSA ) fields, Stella, Harrier, Hurricane and Helios. Jennifer Pallanich reports…
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