Subsidiary companies within the SapuraKencana Group have been awarded contracts and extensions with a combined value of approximately US$117 million (RM503 million). Image from SapuraKencana. SapuraKencana HL Sdn…
Ezion Holdings Ltd. has secured an agreement to jointly market two service rigs being built by a Chinese state owned enterprise to support the offshore windfarm, oil and gas activities in the energy sector, announced Ezion Holdings board of directors…
Det norske oljeselskap has received consent from the Norwegian Petroleum Safety Authority to use the Transocean Winner mobile drilling facility for production drilling and completion on the Volund field. Transocean Winner is a semi-submersible facility of the GVA 4000 type…
Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…
GMB, the union for workers in energy industries and the offshore supply chain, has told Amber Rudd, MP, secretary of state for energy and climate change, that delaying offshore installation decommissioning work any further would be catastrophic for jobs and investment…
The Norwegian Petroleum Safety Authority granted Statoil consent to drill exploration well 30/11-11 using the Songa Delta. Beginning mid-January 2016, Statoil has allocated 36 days for the activity. The well is around 28km south of the Oseberg field…
Songa Offshore's newbuild semisubmersible drilling rig, the Songa Endurance, has today started drilling operations under its eight-year drilling contract with Statoil at the Troll field on the Norwegian Continental Shelf, and the rig is now on operating rate…
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year low in December, it is time to reflect on the year gone by and consider the outlook for the year to come…
Shell has terminated the contract for the Polar Pioneer, a harsh environment semisubmersible drilling rig, announced rig owner Transocean on 28 December. The rig was famously used this summer in Shell's Arctic campaign in the Chukchi Sea…
UTEC NCS Survey, part of UTEC (an Acteon company), has announced the award of a multi-year rig move and positioning framework contract with Total. Total recently awarded the three-year contract with the opportunity to provide positioning…
Statoil has decided to cancel the contract with Transocean for the drillship Discoverer Americas. The drillship has been on contract with Statoil since 2009, supporting Statoil’s exploration activities in East and North Africa and the Gulf of Mexico…
Rosneft produced 2 million tonne of oil since the production start at the Northern Tip of Chayvo field in 2014. Image from Rosneft. The Northern Tip of Chayvo field is located in the Sakhalin shelf area…
Seadrill Partners has secured one-year contract extensions for the T-15 and T-16 tender rigs with Chevron Thailand E&P. The contracts will now expire in July and August 2019, respectively. The total backlog of the two contract extensions is approximately US$80 million…
Maersk Drilling has been awarded a contract with Maersk Oil for the jackup rig Maersk Guardian for accommodation on various fields in the Danish part of the North Sea. The firm contract duration is five years with commencement in September 2016…
Statoil Petroleum has received consent from the Petroleum Safety Authority (PSA) of Norway to use the COSLInnovator mobile drilling facility for drilling, completion, intervention, workover and well plugging on the Troll field. COSLInnovator…
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