Chinese offshore drilling contractor COSL has settled a rig contract termination dispute with Equinor and has entered into an agreement with the oil company for potential future rig work.Equinor - then known as Statoil - in March 2016 terminated…
The Norwegian offshore safety regulator PSA Norway has given its consent for Aker BP to use Odfjell Drilling's Deepsea Nordkapp drilling rig to drill at the Alvheim field, off Norway.The consent covers the use of the Deepsea Nordkapp semi-submersible…
The Energy Transition and Extinction Rebellion may have led the energy news agenda and stimulated reflection in many exploration and production (E&P) boardrooms in 2019, but the impact on exploration drilling is not yet apparent. The global high impact well[1] count in 2019 was 91 wells…
The Norwegian oil company Equinor has secured consent to use the Transocean Norge offshore drilling rig for drilling operations in the Norwegian Sea.The country's offshore safety body, Petroleum Safety Authority Norway, on Friday gave its approval…
There were 282 offshore drilling rigs actively exploring for or developing oil or natural gas worldwide in December 2019.This is an increase of 22 offshore drilling rigs compared to December 2018, according to Baker Hughes' weekly rig count report issued earlier this week…
Optimum and Lekoil, partners in the OPL 310 license offshore Nigeria, have kicked off the site survey ahead of the planned drilling expected later this year.'The marine vessel, conducting the site survey, arrived at site location yesterday and…
U.S. oil firm Noble Energy has hired a 7th generation Maersk drillship for its drilling operation in Colombia.Maersk Drilling said Friday that Noble had awarded it a one-well contract for the Maersk Valiant drillship. The contract is set to begin in the third quarter of 2020…
The Stena Forth drillship has arrived in the Port of Callao Lima Peru ahead of drilling the Marina-1 exploration well for Australia's Karoon Energy.The exploration well is located in Peru's Block Z-38 Tumbes Basin, where Karoon is the operator with a 40% net interest…
Independent oil and gas producer Jadestone Energy has won an arbitration case against Total regarding a dispute over an offshore block in the Philippines.Jadestone Energy, focused on the Asia Pacific region, said Thursday its subsidiary Mitra Energy had been awarded monetary damages…
Norway started producing oil more half a century ago, and, according to the Norwegian Petroleum Directorate, it still hasn't produced half of the resources available.'NPD's analyses show that around 48 percent of resources have been produced…
Offshore drilling giant Transocean has managed to secure new contracts and extensions for eight offshore drilling rigs since its last rig fleet status report issued in October 2019.'Since its last Fleet Status Report issued in October 2019, the company has secured an additional $352…
UK oil and gas player Premier Oil has chartered a Valaris drillship for its Brazilian operations.In its operational update on Tuesday, Premier Oil said it had chartered the Valaris DS-9 drillship. The rig, formerly known as Ensco DS-9, is of the Samsung 12000 design and was delivered in 2015…
Aker BP has received permission to drill an appraisal well in the North Sea offshore Norway.The appraisal well 25/2-22 S will be drilled to delineate the size of the Liatårnet discovery which was proven in the production license 442 in 2019…
Oil and gas company Neptune Energy has obtained permission to drill an exploration well in the Norwegian Sea.The well 6507/8-10 S - the Grind prospect - is located in the production license 889, seven kilometers east of the Heidrun field. Neptune operates the offshore permit with a 60% stake…
Drilling rig contractor ADES International has secured a contract for its ADMARINE 262 jack-up rig.The MENA-focused drilling contractor, which owns 13 jack-up drilling rigs, said Tuesday it had been awarded a contract renewal for the ADMARINE 262 drilling unit…
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