Wärtsilä announced on Monday it has won a contract to supply 40 generating sets for 12 new liquefied natural gas (LNG) fueled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner. The vessels are being built…
Norwegian offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig.The well is located on PL888 Canela license, Block 6507/7…
Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November.The Nigeria-focused oil and gas development and production company said in a press release that it has decided…
Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds…
COSL Drilling Europe has been able to rescue to of its rigs from warm stacking this month. The company announced a new contract from Lundin Norway for the use of the COSLInnovator to drill one well, with the addition of an option of eight wells…
COSL Drilling Europe received a letter of intent (LOI) from Nexen Petroleum UK to carry out plugging and abandonment (P&A) work at the Ettrick and Blackbird fields in UK. The work, which will be conducted by the semisubmersible, COSLPioneer…
Island Drilling has been awarded a drilling contract with OMV Norge for one well on the Wisting license in the Norwegian Barents Sea. OMV will use the Island Innovator semisubmersible drilling rig, starting in Q3 this year. The Island Innovator is currently in warm lay-up at Hanøytangen…
Sirius Petroleum has confirmed that the company is in talks with supermajor BP regarding an offtake and pre-payment facility to support Sirius in its financing for the proposed drilling program on the Ororo field, offshore Nigeria. The COSL Power…
Sirius Petroleum signed an agreement with Tidewater Marine International for the provision of offshore service vessels (OSV) for a multi-well campaign in Nigeria. The deal is between Sirius and Tidewater Marine’s support company T1 Marine Services…
Independent NU-Oil raised raise US$2.56 million (£2.05 million) in new shares to help it with its stranded and marginal field strategy with 50% owned MFDevCo (Marginal Field Development Co.). NU-Oil says its next logical stage being the acquisition of a project…
UK-based MFDevCo, or Marginal Field Development Co., has agreed a collaboration deal with Singapore-based jackup drilling rig operator CDPL, a subsidiary of China Offshore Services Ltd. (COSL). The move will see MFDevCO use CPDL on a 'one stop shop' basis…
Saipem has successfully completed sea trials of its new remotely operated vehicles (ROVs), the Innovator 2.0, and has obtained a declaration of compliance with Norsok U102 standards, as well as DNV GL certification. Innovator 2.0, a…
China Oilfiled Services Ltd. (COSL) has filed a civil action lawsuit against Norwegian giant Statoil for terminating the drilling contract for the COSL Innovator in March. The rig has been under investigations by both the Petroleum Safety Authority of Norway (PSA)…
Sirius Petroleum entered into a financed drilling contract with COSL Drilling Pan-Pacific Ltd. (COSL), for the provision of a high specification jackup rig that will be utilized to drill a multi well campaign as part of its shallow water development strategy in Nigeria at the Ororo project…
The Wuchang Shipbuilding Industry Group yard in China has delivered two new Wärtsilä designed anchor handling tug supply (AHTS) vessels to China Oilfield Services Ltd. (COSL). The delivery of these two ships follows the success of the…