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…
Wintershall Dea has drilled a dry exploration well in the Norwegian Sea.The German company's Norwegian subsidiary Wintershall Dea Norge drilled the wildcat well 6604/6-1 in the production license 894, around 105 kilometers southwest of Equinor's Aasta Hansteen field…
Dubai-based offshore drilling firm Shelf Drilling has completed the purchase of the jack-up drilling rig Maersk Completer from Maersk Drilling. The rig, which has now been renamed, has been stacked in Singapore since 2017. The two companies…
Apache Corp and Total SA said on Tuesday they had made a major oil discovery in a closely watched area off the coast of South America's Suriname, sending Apache's shares surging nearly 27%.The discovery, dubbed 'among the most anticipated in the world' by one brokerage…
Activists on Monday boarded a jackup drilling rig in Dundee harbor, in Scotland, aiming to prevent the rig from departing for scheduled drilling operations for Shell in the North Sea.The 'occupied' rig, Valaris' KFELS Super A jackup Valaris Ju-122…
Turkey and Libya could work with international companies to search for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Sunday, following a deal between Ankara and the Tripoli-based government on maritime borders…
International drilling contractor to the oil and gas industry Borr Drilling Limited announced the appointment of Mr. Neil Glass as a new director of the Board.Glass graduated from the University of Alberta in 1983 with a degree in Business.…
Oil and gas services firm Sapura Energy said it has been awarded a contract extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited, for the provision of a semi-submersible tender assist drilling rig, Sapura Esperanza.The contract…
Norway’s bevy of oilfield supplier had a terrific day on the stock market Thursday, the first day back from holiday riding a buoyant oil price and news Chinese and Norwegian orders for oilfield items was on-again.Drilling contractor Seadrill led the pack…
Following i3 Energy's 2019 drilling campaign at Serenity and Liberator, the company announced Thursday it is now preparing for a mid-2020 appraisal program to delineate the fields believed to contain more than 600 million barrels P50 STOIIP…
West Africa focused exploration and production company LEKOIL announced on Thursday that it has secured funding for the appraisal drilling and initial development program activities on the Ogo field within OPL 310 offshore Nigeria.Lekoil 310 Limited…
Shelf Drilling, the contractor of jack-up rigs, has secured long-term contract extensions for four of its jack-ups working offshore the Arabian Peninsula.The rigs High Island II, High Island IV and Main Pass I will each be employed for a further…
UK headquartered offshore drilling contractor Valaris announced on Monday that it has received a $200 million cash payment resulting from a settled dispute with South Korean shipbuilder Samsung Heavy Industries (SHI).Earlier this year, an arbitration…
Offshore drilling contractor Seadrill announced on Monday it has secured a three-year contract for the jackup drilling rigs AOD II and AOD III in the Middle East, in direct continuation of their current contracts.Total contract value is expected…
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