Archer announced Tuesday it has been awarded a contract to provide platform drilling services for Chevron in the UK sector of the North Sea.Under the deal, Archer it will provide offshore operations and maintenance supervision on the Alba Northern and Captain platforms…
Energy Storage Systems (ESS) that transfer power to the thrusters of Transocean’s Spitsbergen drilling vessel have been successfully installed and tested, marking the first time thrusters have been run directly from batteries on a drilling vessel…
Malaysia's Velesto Drilling, a subsidiary of Velesto Energy, has been awarded four contracts worth a total of RM432.33mln (US$104.68 million) from Petronas Carigali Sdn Bhd for the provision of jack-up drilling rig services. Velesto Energy…
A startup is looking to harness the world of artificial intelligence to help oil companies do more with the data, as well as the oil, they get from their wells.Big data is often billed as having the potential to offer the oil and gas industry huge benefits in improved efficiency and production…
Halliburton Co said on Monday a pricing downturn that has plagued the oilfield services sector was bottoming out, as it reported modestly higher activity levels in North America in the first quarter from a year earlier.Oilfield services providers…
Gulf Drilling International (GDI) has signed a three-year contract with North Oil Company (NOC) to provide drilling services through the drilling rig Dukhan for NOC’s extensive development programmes in Al Shaheen oil field.The Al Shaheen Oil…
Atlantica Tender Drilling, a provider of management and contract drilling services for oil and gas wells for the offshore tender assist market worldwide, announced that Petrobras has extended the rig BassDrill Beta by 180 days.'Petrobras exercised…
Brazilian oil and gas giant Petrobras has confirmed the extension of gas and oil accumulation in the Moita Bonita area, in deep waters in the Sergipe Basin offshore Brazil.A press release from the Petrobras said: 'We have completed the drilling…
UK-based offshore deepwater drilling company Seadrill Partners said that it has received early termination notice from BP for the semisubmersible West Capricorn about three months ahead of schedule.According to Seadrill’s latest fleet status report…
American multinational oil and gas corporation ExxonMobil said it made a new oil discovery offshore Guyana at the Yellowtail-1 well, marking the 13th discovery on the Stabroek Block.The discovery adds to the previously announced estimated recoverable resource of approximately 5…
Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's chief executive said on Thursday.Saipem, controlled by Italian state lender CDP and oil major Eni, is seeking…
Germany's largest crude oil and natural gas producer Wintershall won the bidding process for two blocks in the promising Malvinas Basin off the coast of Tierra del Fuego as part of the “Costa Afuera” licensing round.In addition to the CMA-1 exploitation concession…
Talos Energy said it has completed a successful Zama appraisal well and production test in Block 7, located in the offshore portion of Mexico's Sureste Basin.Talos is the operator of the bock, and its partners are Sierra Oil & Gas, a company of DEA Deutsche Erdoel AG…
Singapore based Keppel Offshore & Marine announced Wednesday it has won two contracts: one from Diamond Offshore for the upgrade of the drilling semisubmersible rig Ocean Onyx, and the other from an unnamed operator for fabrication and integration…
China Merchants Heavy Industry (CMHI) has received Approval in Principle (AiP) certificates from classification society DNV GL for two new offshore units: an arctic single column drilling unit and a wind turbine shuttle.The certificates, which…
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