The Norwegian Petroleum Directorate (NPD) has granted the Norwegian energy giant Equinor a drilling permit for offshore wells 6507/3-13 and 6507/3-13 A in the Norwegian Sea.Wells 6507/3-13 and 6507/3-13 A will be drilled from the Transocean Spitsbergen…
Rising oil prices are proving the fountain of youth for aging rig fleets, and the resultant surge in rig relevance is stirring financiers to find new ways of hanging on to rig revenues.There’s no better example of the new finance fondness for…
Mediterranean focused Energean Oil and Gas announced Monday it has made a 'significant gas discovery' at the Karish North exploration well, offshore Israel.Preliminary analysis indicates initial gas in place estimates of between 1 Tcf (28 Bcm) and 1…
MHWirth, a company owned by Akastor, has signed a contract with Keppel FELS for delivery of one drilling equipment package for a new mid-water semi-submersible drilling rig. This is the first out of three options that were given when Keppel…
The oil and gas service company in the completion sector Tendeka reports it has more than doubled its work in the UK offshore sector over the past 12 months.The independent global completions service company said in a press release that the…
Norway's offshore safety watchdog has give Lundin consent to drill a pair of exploration wells in the North Sea, the Petroleum Safety Authority said on Thursday.The two wells 16/5-8 S and 16/5-8 A are in production licence 815, where Lundin is operator with 60% interest…
Ensco and Rowan Companies have completed a previously announced merger, creating the new combined offshore drilling company Ensco Rowan, the world's largest by fleet size.The merger completion follows the satisfaction of the transaction’s closing…
Norway based HydraWell said it has signed a contract with an undisclosed UK-based supermajor to provide equipment and personnel for plug and abandonment (P&A) services in the UK North Sea.The contract is valid for five years and is expected…
Well-Safe Solutions announced Tuesday that it has agreed to acquire the Ocean Guardian semisubmersible drilling unit from Diamond Offshore.Upon delivery, Well-Safe will immediately start work to upgrade the rig, to be renamed Well-Safe Guardian…
Development of the Finlaggan field in the UK Central North is progressing as planned and is on pace to deliver first production in the fourth quarter of 2020, operator Zennor Petroleum said in an update on Monday.The UK based company is currently…
Mediterranean focused oil and gas producer Energean announced Monday it has completed drilling operations and began producing from the extended reach well EA-H3 offshore Greece in the Mediterranean Sea.The well was brought into production on…
Offshore engineering company Aquaterra Energy said it has been awarded a contract by Lundin Norway to deliver early well construction, via its Well Start solution, on three additional wells in the Edvard Grieg field offshore Norway.The project…
Italian oil and gas industry contractor Saipem has won two new offshore drilling contracts in Norway and Middle East with a total value exceeding USD $200 million.One contract was signed with the German company Wintershall for the drilling of…
Singapore-based tender assist rig specialist Energy Drilling and Houston-headquartered Atlantica Tender Drilling (formerly BassDrill) are planning to merge into what is expected to become the second largest tender drilling contractor.Tender rig pair signed a letter of intent (LoI) for the merger…
Serica Energy, UK oil and gas company operating mainly in the North Sea, said that the Rowallan well was drilled down to a depth of 4,641 metres and after an unsuccessful result, it will now be plugged and abandoned.It encountered a 182-metre…
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