Fred Olsen Energy has formally declared that construction contract for a newbuild semisubmersible rig which was originally destined for development drilling at the Chevron-operated Rosebank oil development in the UK West Shetlands region has been cancelled…
Ice cover in the far north isn’t static, but varies in extent with the seasons and from year to year. Thanks to the Gulf Stream, the southern Barents Sea is usually ice-free all year round, but icebergs and sea ice can pose a real threat to installations if they collide…
Europa Oil & Gas CEO Hugh Mackay says now is a perfect chance to drill on the firm’s offshore Irish prospects thanks to rig rates being at their lowest in a decade. The CEO, whose firm is targeting 1.5 billion boe, unrisked, in three…
Cairn Energy is due to start its 1 billion bbl-seeking drilling program on its prospective offshore Senegal blocks in coming weeks. The Ocean Rig Athena is expected to start mobilization to Senegal from its current location in Angola in the next few days…
VAALCO Energy has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. Previously announced on 16 September 2015, VAALCO planned to mobilize the Transocean Constellation II jackup…
Dubai-based fabrication and engineering firm Lamprell has promoted Niall O'Connell to chief operating officer in its latest staffing change. In August, the firm announced CEO James Moffatt, who joined Lamprell in 2013, is to retire in June next year…
PTT Exploration & Production International (PTTEPI) has contracted high specification tender barge rig, EDrill-2, for a firm term of 18 months with an option period of 30 months. Zawtika Development Drilling Campaign (Phase 1B + Infield…
Lundin Norway commenced drilling of exploration well 7220/6-2 in PL609, offshore Norway. The planned total depth is approximately 1350m below mean sea level and the well is being drilled using the drilling rig Island Innovator. Drilling is expected to take approximately 40 days…
T.D. Williamson (TDW) was contracted by an operator in the Gulf of Mexico to replace two flexible joints connecting two steel catenary risers on a tension leg platform 120km (75mi) off the coast of Louisiana. TDW performed simultaneous…
Maersk Oil Norway AS, operator of production license 510, is about to complete drilling of wildcat well 6406/6-4 S. The well, drilled about 20km southwest of the Tyrihans field in the Norwegian Sea, is the first exploration well in the license…
Statoil, operator of production license 169, has concluded the drilling of wildcat well 25/11-28, 13km south of the Grane field in the North Sea. The well is dry, according to the Norwegian Petroleum Directorate. The objective of the…
Hibiscus Petroleum is experiencing further delays at Sea Lion prospect offshore Australia due to weather delays, according to partner 3D Oil Ltd.'s (TDO). The drilling of the Sea Lion-1 exploration well has been further delayed due to continuing…
Italian explorer Eni is set to spud its deepwater Gulf of Mexico Vernaccia exploration well in early October, according to partner Louisiana-based Stone Energy. The Vernaccia prospect, in Mississippi Canyon Block 35, will target the Miocene interval in a four-way structure…
Statoil received consent from the PSA to drill a new production well from the Heimdal facility. The well is to be drilled using a modular drilling rig (MDR). An MDR is a modular mobile rig installed in the facility's drilling area. One has been used for permanent plugging of wells at Heimdal…
In response to the decline in crude oil prices since mid-2014, the number of active offshore rigs has declined worldwide, dropping close to 20%, says the US Energy Information Administration (EIA). There were 304 offshore rigs operating in August 2015…
Subscribe
