Offshore Drilling News - page 2

 

Europa Gives Up Block Offshore Morocco after Quest to Find Drilling Partner Fails

Nov 24, 2022

Europa Oil & Gas has decided to give up its Inezgane license offshore Morocco after failing to secure a farm-in partner to drill an exploration well in the block.The Moroccan authorities had, in October 2020, given the company more time to complete the technical work program at the license…

Icon Offshore Sells Perisai Pacific 101 Jack-up Rig at Significant Profit

Nov 24, 2022

Malaysian offshore services provider Icon Offshore has completed the sale of its Perisai Pacific 101 jackup drilling rig to ADES.The 2014-built rig was sold to ADES for $85 million in cash and the disposal of the rig was completed on November 22…

ADNOC Drilling Takes Over First of Three Jack-up Rigs Originally Ordered by Borr Drilling

Nov 24, 2022

Singapore's Keppel Offshore & Marine has delivered the first of three newbuild jack-up drilling rigs to UAE-based ADNOC Drilling.The three rigs were part of a series of five rigs that Keppel FELS had been building for Borr Drilling. Keppel O&M…

Karoon Energy Says 2nd Patola Production Well a Success. First Oil in Q1 2023

Nov 23, 2022

Australian oil and gas company Karoon Energy has drilled the second of two new production wells at its Patola field offshore Brazil, and the company says the reservoir quality is better than predicted.The company said that the well - PAT-2-  has been successfully drilled to a total depth of 2…

Indonesia Offers Four Oil & Gas Blocks in Bidding Round

Nov 23, 2022

Indonesia's energy ministry launched a bidding round on four oil and gas blocks on Wednesday, as the country seek more investments in its upstream oil and gas sector, the ministry said in a statement.Southeast Asia's biggest economy set a target…

CIMC Nets 3-Year Extensions for Jack-up Rig Duo in Mexico

Nov 23, 2022

China-based CIMC’s Asset Management Company has secured three-year contract extensions for two jack-up drilling rigs in Mexico.The rigs, Gulf Driller VI and Gulf Driller VIII , will continue working for the Mexican national oil company Pemex…

Aquadrill Clinches $138M Charter for Capella Drillship

Nov 23, 2022

Aquadrill, formerly Seadrill Partners, has agreed to supply its Capella drillship for a four-well firm contract, plus two priced and three mutually agreed upon optional wells, for operations in Indonesia.The firm part of the contract is expected to have a total value of about $138 million…

Shell Spuds 'High Impact' Pensacola Well in UK North Sea

Nov 23, 2022

Oil major Shell has spudded the Pensacola well in the UK North Sea, Deltic Energy, Shell's partner in the offshore license, has informed.Graham Swindells, Chief Executive of Deltic Energy, said: 'We are excited to have commenced the well operations…

Saudi Aramco Signs 59 Deals Worth $11B Under iktva Program. Global Oilfield Services Majors Among Suppliers

Nov 22, 2022

Saudi Arabian national oil company Saudi Aramco saod Tuedsay it had signed signed 59 corporate procurement agreements (CPAs) with 51 local and global manufacturers, including oilfield services majors Baker Hughes, Halliburton, SLB, and TechnipFMC…

Valaris Bags Four-well Drilling Contract with BP Offshore Egypt

Nov 21, 2022

Offshore drilling contractor Valaris announced on Monday that its drillship VALARIS DS-12 has been awarded a contract to drill four wells for BP offshore Egypt.The contract is expected to commence late in the third quarter or early in the fourth…

Noble Corp. Jack-up Rig Gearing Up for CO2 Storage Work in Denmark

Nov 21, 2022

Offshore drilling company Noble Corporation said Monday that its recently acquired Noble Resolve jack-up rig was preparing to carry out the first-ever CO2 storage under the Danish North Sea seabed as part of Project Greensand.The rig, formerly known as Maersk Resolve…

ADNOC Drilling to Buy Three New Jack-up Rigs for $320M

Nov 21, 2022

UAE-based offshore drilling contractor ADNOC Drilling said Monday it had agreed to buy three 'brand new' premium offshore jack-up drilling rigs for $320 million, 'with further acquisitions in the pipeline.'The company said the rigs would meet…

Saudi Arabia's State Fund Hires Banks for IPO of ADES, Sources say

Nov 21, 2022

Saudi Arabia's sovereign wealth fund is planning an initial public offering (IPO) of oil and gas drilling firm ADES International in Riyadh next year that could fetch more than $1 billion, according to two sources who declined to be identified as the matter is not public…

Angola: Chevron Extends Jack-up Drilling Rig Contract

Nov 21, 2022

Oslo-listed offshore drilling company Shelf Drilling has secured a contract extension for its Shelf Drilling Tenacious jack-up rig.The contract is in direct continuation of its current contract for drilling operations offshore Angola until November 2023…

ExxonMobil Books Odfjell Drilling-managed Offshore Rig for Canadian Operations

Nov 18, 2022

U.S. oil major ExxonMobil has signed a deal to use the Odfjell Drilling-managed semi-submersible drilling rig Hercules in Canada next year.The contract for the 6th generation rig is expected to start in the second quarter of 2023. The contract has a firm duration of around 135 days…

Current News

DeepOcean, Akvaplan-niva to Use ROVs, USVs for Environmental Studies in Offshore Energy Space

DeepOcean, Akvaplan-niva to Use ROVs, USVs for Environmental Studies in Offshore Energy Space

ExxonMobil CEO Gets Pay Raise

ExxonMobil CEO Gets Pay Raise

Offshore Wind: CrossWind Taps KBR for Energy Storage Project

Offshore Wind: CrossWind Taps KBR for Energy Storage Project

Report: Chevron Hits Gas Offshore Egypt

Report: Chevron Hits Gas Offshore Egypt

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