Drill Bits News

 

Equinor Books Odfjell Drilling’s Deepsea Aberdeen Semi-Sub Rig

Dec 19, 2025

Offshore drilling contractor Odfjell Drilling has signed a contract with Equinor for its Deepsea Aberdeen semi-submersible drilling rig, following the letter of intent the companies agreed in November.Equinor will use Deepsea Aberdeen rig to…

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…

Aker BP Extends Scarabeo 8 Drilling Contract off Norway

Dec 18, 2025

Saipem announced that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.This is the third extension of the contract originally awarded in March 2022…

New Chief Takes Reins at Dolphin Drilling

Dec 18, 2025

Offshore drilling contractor Dolphin Drilling has appointed new chief executive officer (CEO) following the resignation of Jon Oliver Bryce.Dolphin Drilling’s board of directors has appointed Michael Boyd, currently the company’s Chief Commercial Officer…

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Dec 16, 2025

Velesto has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the sale of its jack-up drilling rig, NAGA 3, for a total cash consideration of $63 million.The divestment of NAGA 3, built in 2010, is in line with the group's ongoing fleet optimization…

Serica Boosts North Sea Portfolio with Spirit Energy Assets Purchase

Dec 16, 2025

Britain’s Serica Energy has agreed to acquire a portfolio of Southern North Sea gas assets from Spirit Energy and affiliates for $74 million, expanding its U.K. upstream footprint and lifting reserves and production.The deal, signed through…

Deepsea Bollsta Rig Gets New Name as Odfjell Drilling Takes Ownership

Dec 15, 2025

Odfjell Drilling has completed the acquisition of the harsh-environment drilling rig Deepsea Bollsta, including the novation of the rig’s drilling contract with Equinor for a firm period running until early 2028 and with five one-year extension options…

BW Energy Inks Long-Term Lease for Maromba Drilling Platform

Dec 15, 2025

BW Energy has signed a long-term lease agreement for the Maromba drilling and wellhead platform, converting a short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B into a project lease with Minsheng Financial Leasing (MSFL).The…

Shell Picks Valaris Drillship for Work Offshore Brazil

Dec 12, 2025

Offshore drilling contractor Valaris has secured a multi-year contract with Shell for its VALARIS DS-8 drillship, which will be put to work offshore Brazil.The contract is expected to start in the first quarter of 2027, with an estimated duration of approximately 800 days…

Deepsea Mira Semi-Sub Up for Shell’s Drilling Job off Namibia

Dec 12, 2025

Shell has booked Northern Ocean’s Deepsea Mira semi-submersible rig for a drilling campaign offshore Namibia.The Odfjell Drilling-managed rig has been scheduled to start operations in Namibia in April 2026.The contract covers one firm well and includes one optional well…

Shell to Launch Drilling Campaign Offshore Namibia

Dec 11, 2025

Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…

BP Produces First Oil from Gulf of America Platform Ahead of Schedule

Dec 11, 2025

BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform…

VAALCO Energy Spuds First Well in New Drilling Campaign off Gabon

Dec 09, 2025

Africa-focused oil and gas company VAALCO Energy has started its phase three drilling program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform.As previously announced, the company secured a drilling rig in December…

Equinor Secures Permit for North Sea Drilling Operation

Dec 09, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/11-32 S in production license 090 HS, operated by Equinor with 60% working interest.The other partners in license are Inpex Idemitsu Norge and Vår Energi…

Eni Makes Significant Gas Discovery Offshore Indonesia

Dec 09, 2025

Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…

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