Offshore Drilling News - page 2

 

Borr Drilling Announces Jack-up LOI

Aug 04, 2022

Offshore drilling contractor Borr Drilling on Thursday announced it has received a binding letter of intent (LOI) for one of its jack-up drilling rigs from an undisclosed operator in West Africa.Under the deal, Borr's Prospector 5 will drill…

High Impact Exploration Sees Rebound

Aug 04, 2022

38 high-impact exploration wells were drilled in the first half of 2022, similar to the same period in 2021 when 39 wells completed, says industry analysts Westwood Global Energy Group. The 38 wells resulted in 13 potentially commercial discoveries at a 34% commercial success rate…

Equinor Lines Up Othello North Wildcat

Aug 04, 2022

Norway's Equinor has been granted a permit by the Norwegian Petroleum Directorate (NPD) to drill well 6507/8-11 S in the Norwegian Sea.The well, about 160 km offshore, about 10 km north of Heidrun, will be drilled using the Deepsea Stavanger semisubmersible drilling rig…

Chris Weber Steps In as Valaris CFO

Aug 03, 2022

Offshore drilling contractor Valaris on Wednesday announced that Chris Weber has commenced his role as senior vice president and chief financial officer, having been appointed to the role in late May.Weber previously served as CFO of LUFKIN Industries…

Transocean Lines Up Work for Two of Its Drillships

Aug 02, 2022

Offshore drilling contractor Transocean on Monday reported it has secured contracts for two of its ultra-deepwater drillships.The company said its Deepwater Conqueror has been awarded a two-year contract by a major operator for work in the U…

US Senate Bill Could be Death Blow for Biden Anti-drilling Pledge

Aug 01, 2022

U.S. President Joe Biden vowed during his 2020 election campaign to end federal oil and gas drilling as a major step in his strategy to fight climate change.The U.S. Senate Democrats' $430 billion spending bill agreed this week could kill that pledge…

OMV Spuds Oswig Exploration Well

Aug 01, 2022

Austrian oil and gas company OMV has commenced drilling operations on the Oswig exploration well in the Norwegian sector of the North Sea.The drilling of the Oswig well 30/5-4 S, operated by OMV (Norge) AS, is being undertaken by the Maersk…

CNOOC Finds Shale Oil in South China Sea Exploration Well

Jul 29, 2022

China's CNOOC Ltd has tapped commercial flows of oil and gas from a shale exploration well in the South China Sea, marking the first successfully drilled shale oil well offshore China, state media reported on Thursday.Exploration well Weiye-1…

Shell Books Stena Don for UK Drilling, P&A

Jul 29, 2022

Shell UK has signed a one year contract, with a year extension option, with Stena Drilling for the use of the Stena Don in the UK North Sea. The contract is due to start in Q2 2023 and will cover well activities, including a combination of plugging…

Eni Makes Latest Abu Dhabi Gas Discovery

Jul 29, 2022

Eni has announced a further 'significant' gas discovery, totaling an estimated 1-1.5 trillion cubic feet (Tcf) of gas in place, in its first exploration well drilled in offshore Block 2 Abu Dhabi, United Arab Emirates (UAE).This discovery was…

ENI Ups Ivory Coast Field Estimates

Jul 29, 2022

Italian explorer Eni has reported 'excellent results' from its latest exploration well offshore Ivory Coast, West Africa, resulting in a 25% increase in the resource estimate for the Balaine field. The Baleine East 1X well was the first exploration…

Shelf Drilling Lands ONGC Work

Jul 29, 2022

Dubai based jackup operator Shelf Drilling has been awarded a three-year contract for with India's Oil and Natural Gas Corporation for work on the Mumbai High. The contract is for the C.E. Thornton jack-up rig, with planned start-up of operations is Q2 2023…

ADNOC Drilling Confirms $2 Billion in Contracts for Ghasha Mega Gas Project

Jul 27, 2022

ADNOC Drilling Company PJSC on Wednesday confirmed the award of contracts worth $2 billion to support the world’s largest offshore sour gas development, ADNOC’s Ghasha offshore mega gas project, offshore Abu Dhabi.The contracts are valued at $1…

Neptune Initiates Drilling on Ofelia Exploration Well

Jul 27, 2022

Neptune Energy said drilling has commenced on the Ofelia exploration well in the Norwegian sector of the North Sea.  The well, 35/6-3 S, is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling…

Exxon Accelerates Production in Guyana, Makes Two New Discoveries

Jul 27, 2022

Exxon Mobil Corp said on Tuesday it has made two new oil discoveries offshore Guyana and that it has already exceeded its original year-end daily production target for the South American country.The announcements are part of Exxon's efforts…

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