Offshore Drilling News

 

Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet

Jun 10, 2024

Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction, whereby Diamond shareholders will receive 0.2316 shares of Noble, plus cash consideration of $5.65 per share for each share of Diamond stock…

Esgian Week 23 Report: Semisub Action in Norway, Australia

Jun 09, 2024

Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together…

Murphy Oil Extends Noble Drillship in the Gulf of Mexico

Jun 06, 2024

Murphy Oil Corporation has exercised its option for the drillship Noble Stanley Lafosse to drill five additional wells in the Gulf of Mexico.The extension is expected to span one year and has an estimated contract value of $177 million, according to Noble Corporation…

CNOOC Makes Major Gas Discovery in South China Sea Waters

Jun 06, 2024

China’s state-run China National Offshore Oil Corporation (CNOOC) has made a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea.Lingshui 36-1 gas field is located in western South China Sea, with an average water depth of approximately 1…

OMV Gets Permit for Drilling Ops in Norwegian Sea

Jun 05, 2024

The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…

Brazilian Drilling Contractor Goes to Public Market in Norway

Jun 05, 2024

Brazilian deepwater drilling firm Ventura Offshore Holding has been listed for public trading at Euronext Growth in Oslo, Norway.On March 8, 2024, Ventura Offshore Holding entered into a share purchase agreement (SPA) with Petroserv Marine regarding…

Chevron Extends Shelf Drilling's Jack-Up Stay in West Africa

Jun 05, 2024

Offshore drilling firm Shelf Drilling has secured a contract from Chevron's Angola subsidiary for its Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.The total added value of the contract is $66 million, according to Shelf Drilling…

Transocean Scoops $161M in Contract Extensions for Harsh Environment Semisubs

Jun 04, 2024

Offshore drilling contractor Transocean has secured contract extensions for three of its harsh environment semisubmersibles, worth approximately $161 million.In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor…

Compliance Issues with Shelf Drilling’s Jack-Up Delay Start of Drilling Ops for Equinor

Jun 04, 2024

Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has denied acknowledgement of compliance (AoC) application for Shelf Drililng’s Barsk jack-up, consequently delaying the drilling assignment with Equinor on the Sleipner Vest field…

Deltic Energy Gets More Time to Secure Pensacola Appraisal Well Funding

Jun 03, 2024

Shell, the operator of Pensacola discovery in the North Sea, has granted short period of additional time to partner Deltic Energy to secure funding associated with its share of costs for an appraisal well.In its capacity as Licence Operator of P2252…

BW Energy Raises Hibiscus Field Reserve Estimates Following Latest Oil Discovery

Jun 03, 2024

BW Energy has increased recoverable reserves estimates for the Hibiscus field, offshore Gabon, following the recent oil discovery on the northern flank of the field.BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well…

Esgian Week 22 Report: A Shrinking Pool of Vintage Semisubs

Jun 02, 2024

Esgian provides an update on rig sales and the shrinking pool of vintage semisubs in its Week 22 Rig Analytics Market Roundup.Report SummaryContractsNoble Corporation has secured a new well intervention contract with Harbour Energy in UK waters of the North Sea for the 350-ft jackup Noble Resilient…

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…

Norway to Protect Nordland 6 Area from Drilling

May 29, 2024

Norway's centre-left government will not open the Arctic Nordland 6 waters for oil and gas exploration, the energy minister told parliament on Wednesday, maintaining a long-held policy of protecting the ecologically vulnerable area.The opposition…

Noble and Harbour Energy Sign Jack-Up Rig Contract

May 29, 2024

Offshore drilling contractor Noble Corporation has secured a contract with oil and gas company Harbour Energy for its Noble Resilient jack-up rig.The rig has been hired for well intervention offshore U.K., spanning 30-70 days.It is estimated to begin in July 2024…

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