Drilling News

 

Refurbished Jack-Up Rig Starts Work in U.S. Gulf of Mexico

Sep 08, 2023

Gulf of Mexico-focused oil and gas exploration firm Arena Energy and drilling contractor White Fleet Drilling recently christened and mobilized a refurbished jack-up drilling rig in the U.S. Gulf of Mexico. White Fleet, Arena's strategic partner…

Chevron, Repsol Quit Oil and Gas Exploration Blocks in Mexican Gulf

Sep 08, 2023

Energy companies Chevron and Repsol decided to quit offshore oil and gas exploration areas in Mexico, the regulator for the sector said on Thursday, joining more than a dozen other companies after disappointing results.Both had won the blocks in the Gulf of Mexico in a tender process…

Aker BP Gets Nod for North Sea Exploration Drilling

Sep 07, 2023

The Petroleum Safety Authority Norway, the Norwegian offshore industry safety watchdog which will bear a new name from January 1, 2024, has this week granted Aker BP consent for exploration drilling in block 30/12 in the North Sea.Aker BP is…

KCA Deutag Wins $60 Million Offshore Drilling Services Deal in Angola

Sep 07, 2023

Oil and gas drilling services company KCA Deutag has won a one-year contract extension worth $60 million, for the provision of drilling operations and maintenance services on two offshore platforms in Angola with an undisclosed client.The award…

Vår Energi Ramping Up Exploration in the Barents Sea

Sep 01, 2023

Vår Energi has secured the COSLProspector drilling rig for a two-year drilling program in the Barents region offshore Norway, which the company sees as an important strategic priority area.Signed in cooperation with Equinor, the rig contract…

Shell Comes Up Empty in Namibia Exploration Well

Aug 31, 2023

Shell's Cullinan-1X exploration well offshore Namibia did not make a commercial oil and gas discovery, the company said on Thursday.Namibia, which has yet to produce any oil and gas, has attracted strong interest from international companies…

LLOG Contracts Noble Floater for US Drilling

Aug 31, 2023

Noble Corporation announced it has received a contract from LLOG to perform drilling services in the U.S. Gulf of Mexico.The six-month contract for Noble's seventh generation drillship Noble Valiant is expected to commence between November 2023 and March 2024…

Equinor Hires Two COSL Rigs for Drilling in Norway

Aug 31, 2023

Equinor announced Thursday it has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.The COSLPromoter is already contracted to Equinor and will commence on the new contract in the first quarter of 2025…

Transocean Awarded $222 Million Drillship Contract

Aug 31, 2023

Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…

Oil Companies Sue Over Lease Changes Made to Protect Whales

Aug 24, 2023

An oil and gas industry trade group, the state of Louisiana and Chevron on Thursday sued the Biden administration over its decision to withdraw acreage from an upcoming oil and gas lease sale in the Gulf of Mexico to protect an endangered whale…

Drilling Systems Launches Next-Generation DrillSIM Downhole Model

Aug 23, 2023

Drilling simulation technology provider Drilling Systems has launched a next-generation DrillSIM Downhole model to support realistic training for geothermal applications.The model is now implemented for the first time at the Drilling Simulator Celle…

Neptune Energy Starts Drilling at Yakoot Prospect, Egypt

Aug 23, 2023

Neptune Energy has started drilling operations at its operated Yakoot exploration well, located in the North West El Amal Concession in the southern Gulf of Suez, Egypt. It is the first operated well to be drilled by Neptune in Egypt.The North…

Webtool Cutter Used in Downhole Decommissioning Tool

Aug 23, 2023

Allspeeds, manufacturer of Webtool hydraulic cutters, has supplied a downhole cutter for James Fisher Decommissioning’s SEABASS subsea well abandonment tool. The smallest Webtool steel wire cutter so far at just 172mm, it is tightly integrated…

Seatrium Delivers New Jackup Rig to ADNOC Drilling

Aug 22, 2023

Singaporean shipbuilder Seatrium New Energy, formerly Keppel FELS, on Tuesday announced it has delivered a new jackup rig to the UAE's ADNOC Drilling.The rig, named AlSila, is among five that Seatrium had been building for Borr Drilling. In 2022…

US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time

Aug 22, 2023

Top U.S. energy companies last year paid out more of their earnings to shareholders than they invested in new oil and gas fields for the first time, according to a report released on Tuesday.The outlook for stronger energy prices has not changed the focus on investor returns from the U…

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