Drilling News

 

Shelf Bags Middle East Work for Jack-up

May 21, 2019

Oslo-listed Shelf Drilling,  world's largest contractor of jack-up rigs, has secured a three-year contract offshore the Arabian Peninsula.The company’s recently acquired premium newbuild jackup drilling rig Shelf Drilling Achiever will likely start the program in 4Q 2019…

NPD Grants Drilling Permit to Equinor

May 21, 2019

The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/6-1.The well will be drilled from the West Hercules drilling facility, said a press release from NPD.The drilling programme for well 7324/6…

Eni Secures Offshore Argentina Block

May 21, 2019

The Argentinian authorities have officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium.An Eni-led consortium wins an exploration license of offshore block MLO 124 from the  authorities, said a press release…

Saipem Scores Drilling Work

May 20, 2019

Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…

Drillers Come Up Dry Offshore Pakistan

May 20, 2019

The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…

Argentina Grants Offshore Exploration Permits

May 17, 2019

Argentina awarded permits to begin hydrocarbon exploration in 18 areas off the coast of the country in the Malvinas West basin to companies including Exxon Mobil Corp, Total SA, YPF SA and Royal Dutch Shell Plc, the government said on Friday…

Day Rates to Rise 15% for Working Rigs by 2021

May 17, 2019

The offshore oil and gas industry appears to be in a fragile recovery, according to research consultancy Westwood Global Energy Group.Oil prices are expected to remain between $60/bbl and $80/bbl into the early 2020s before rising, and offshore spending between 2019 and 2023 is projected to hit $1…

EnscoRowan Wins Arbitration Against SHI

May 17, 2019

Offshore drilling services provider EnscoRowan announced that an arbitration tribunal has awarded it $180 million in damages in its proceedings against South Korean shipbuilder Samsung Heavy Industries (SHI).Further, the company will be claiming…

Lukoil Starts Two Wells in the Baltic Sea

May 16, 2019

Russian oil company Lukoil said it has commenced commercial operation of two wells at D41 offshore field in the Baltic Sea. Construction of one of the wells finished on February 6, 2019, the other was completed on May 7, 2019.The field is operated…

NPD Grants Drilling Permit to OMV (Norge)

May 16, 2019

OMV Norge, a subsidiary of the Austrian oil company OMV, has received drilling permit for well 6506/11-11 S from Norwegian Petroleum Directorate (NPD).NPD said in a press release that the well 6506/11-11 S will be drilled from the Deepsea Bergen drilling facility…

Lundin Gets Drilling Permit for North Sea

May 15, 2019

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/1-31 A.The well will be drilled from the Leiv Eiriksson drilling facility, owned and operated by Ocean Rig.The drilling programme for well 16/1-31…

Eni Finds Light Oil Offshore Angola

May 14, 2019

Eni has made a new light oil discovery near its West Hub facilities in the deep waters offshore Angola, the Italian supermajor announced on Tuesday.The well, drilled on the Ndungu exploration prospect in Block 15/06, is estimated to contain up to 250 million barrels of light oil in place…

Push-the-Bit RSS

May 14, 2019

Two service companies known for point-the-bit rotary steerable systems (RSS) each decided in 2016 to create their own push-the-bit tools. Their offerings are aimed at increased tool reliability, utilization, smoother wellbores and higher levels of drilling performance consistency from well to well…

DeepStar to Study Upwing Tech

May 14, 2019

Together, Upwing Energy, an artificial lift technology company, and industrial firm Mitsubishi Heavy Industries (MHI) have been selected by global offshore research and development consortium DeepStar to perform a feasibility and conceptual…

Siccar Point 'Encouraged' by Blackrock Results

May 14, 2019

Siccar Point Energy CEO Jonathan Roger said he is “encouraged” by drilling results at the Blackrock exploration well 204/5b-2 in the West of Shetland.The well was drilled with Diamond Offshore’s Ocean GreatWhite semi-submersible rig on Licence P1830 in 1…

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