Without higher oil prices, many new projects are thought to be uneconomic. Or are they? Douglas-Westwood recently reviewed more than 250 upstream capital projects sanctioned in the last four years to assess how industry costs are moving…
The Transocean Winner has been loaded onto the Hawk semisubmersible heavy lift ship, and is preparing for its journey to Turkey, according to the UK’s Maritime & Coastguard Agency (MCA). The Transocean Winner…
UK authorities are hopeful that they may finally have a weather window to move the Transocean Winner semisubmersible rig. With just days to go before the heavy transport vessel due to move it is due to come off contract, contingencies are already being assessed…
North Atlantic Drilling (NADL) entered an amendment agreement with Jurong Shipyard that will extend the delivery deferral period of the West Rigel semisubmersible to 6 January 2017. The extension allows the parties to continue to explore commercial opportunities for the unit…
Dubai-based rig builder and engineering firm Lamprell's new CEO Christopher McDonald has taken up his role as firm enters 'challenging period.' James Moffat, who has been in the role of CEO since March 2013, has stepped down but will…
Rig builder and engineering firm Lamprell delivered its latest newbuild jackup and won a new contract. The new US$90 million contract award, from Jacktel, part of Master Marine, is for the upgrade of the mobile operating unit Haven as…
A strike by workers in the Norwegian sector has led to a number of rigs in the basin having to halt operations and staff being put on temporary dismissal. Songa Offshore says three of its four newbuild Cat D rigs are out of operation and on force majeure rate…
Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…
A containment boom deployment training exercise ahead of moving a rig which had grounded on the Scottish coast has been postponed for at least two days due to windy weather, according to the UK's Maritime and Coastguard Agency (MCA). The…
Aquaterra Energy and Plexus Holdings have developed a light weight, dual barrier high-pressure high-temperature (HPHT) riser system which can be deployed by a jackup as an alternative to semisubmersible installation for HPHT well operations…
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use the Scarabeo 5 mobile drilling facility for well intervention in well 34/7-A-10H on the Snorre field. The activity is scheduled to begin in September and to last 22 days…
Providence Resources is putting a tender for a rig contract for the 2017 Druid drilling program in the southern Porcupine Basin in FEL 2/14, off the south west coast of Ireland. It is expected that the rig contract will be signed during Q4 2016 to facilitate summer 2017 drilling…
Norwegian firm Offshore Heavy Transport (OHT) has been contracted to transport the Transocean Winner drilling rig to Turkey using a semisubmersible heavy lift vessel. It is expected that the rig will be floated onto the semisubmersible heavy lift vessel OHT HAWK…
The US Bureau of Safety and Environmental Enforcement (BSEE) said after Hurricane Hermine hit Western Florida early this morning (2 September), offshore oil and gas operators are preparing to return to normal production in the Gulf of Mexico…
Preparations are being made for the Transocean Winner to be transported as ‘dry cargo’ to Turkey, according to the Maritime & Coastguard Agency (MCA). Although contracts are still to be finalized, planning is under way for the rig, which is currently in Broad Bay in the Isle of Lewis…
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