Offshore Drilling News - page 4

 

Norway: Aker BP Strikes Gas at Storjo Offshore Prospect

Jul 11, 2022

Norwegian oil company Aker BP has struck gas at the Storjo offshore exploration well in the Norwegian Sea.According to Aker BP, the well 6507/2-6, drilled using Odfjell Drilling's Deepsea Nordkapp semi-submersible drilling rig, has encountered gas in several geological formations…

ConocoPhillips Drills Duster at Bounty Prospect Off Norway

Jul 11, 2022

Oil company ConocoPhillips has drilled a dry well at the Bounty prospect in the Norwegian Sea, offshore Norway, and will plug and abandon the well.ConocoPhillips drilled the wildcat well 6306/3-2 some 30 kilometers south of the Fenja field in…

Shell's Edinburgh Offshore Well Comes Up Dry

Jul 08, 2022

Shell's Edinburgh exploration well (30/14a-5) drilled in offshore UK license P255 has failed to encounter commercial quantities of hydrocarbons and is being plugged and abandoned.The news was shared by DNO, the Norwegian oil and gas company…

Trillion Energy Says Black Sea Drilling Program Fully Funded

Jul 07, 2022

Black Sea-focused oil and gas company Trillion Energy International said this week that its 49% cost share for the Black Sea drilling program was fully funded, as the company completed capital raises totaling CDN$ 40.4 Million (USD$32million) year-to-date…

Valaris Bags $466M in Rig Deals. CEO Sees 'Constructive Outlook' for Offshore Drilling Industry

Jul 06, 2022

Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…

Valaris Nets 540-Day Offshore Drilling Deal with Equinor in Brazil

Jul 05, 2022

Norwegian oil and gas company Equinor has awarded the drilling contractor Valaris a 540-day drilling contract for the Valaris DS-17 drillship. The offshore drilling contract is for operations in Brazil and is scheduled to start in 2023.Under…

BP Books Stena Drilling Drillship for Offshore Well in Canada

Jul 05, 2022

British oil major BP has awarded a drilling contract to Stena Drilling for the use of its Stena IceMAX drillship in Canada.The contract is for one well and is scheduled to start in 2023.BP will use the drillship to drill a well off the coast of Newfoundland…

Five-year Plan: U.S. to Hold Between Zero and 11 Offshore Drilling Lease Sales

Jul 04, 2022

President Joe Biden's administration on Friday unveiled a five-year proposal for offshore oil and gas development in areas of existing production, and said the final plan may have anywhere from zero to 11 lease sales.The range of options, between two auctions a year and none at all…

Equinor Adds Another Well to Odfjell Drilling's Semi-sub Rig Scope

Jul 04, 2022

Norwegian oil firm Equinor has exercised further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The Deepsea Stavanger now has six remaining wells to be drilled which are expected to occupy the rig into Q2 2023. Equinor…

Hezbollah Sends Drones Towards 'Gas Rig' at Israel's Karish Offshore Gas Field

Jul 04, 2022

Lebanon's Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig , which the Israeli military said it had intercepted. [Reuters illustrated the news with a photo of Stena Drilling's Stena IceMax drillship]…

Repsol Sinopec Names VP Decommissioning and Energy Transition

Jul 01, 2022

Repsol Sinopec has appointed Adam Sheikh as Vice President (VP) Decommissioning and Energy Transition.The newly created role sits on Repsol Sinopec’s Executive Management Team (EMT), reporting to CEO Jose Luis Muñoz.Sheikh, whose most recent EMT role was VP Business Projects…

Longboat Energy Farms Into Two Offshore Exploration Prospects in Norway

Jul 01, 2022

Oil and gas company Longboat Energy has completed the farm-in into two OMV's near-term, gas weighted exploration prospects on the Norwegian Continental Shelf ('NCS') targeting combined gross unrisked mean prospective resources of 223 mmboe of which 45 mmboe net to Longboat)…

Biden Administration Offshore Drilling Plan Delayed

Jun 30, 2022

The Biden administration on Thursday delayed the rollout of a proposed five-year offshore oil and gas development plan that had been promised by the end of the month, according to sources.Interior Department Secretary Deb Haaland in May had…

Biden Drilling Plan May Exclude All Waters Beyond Gulf of Mexico

Jun 30, 2022

The U.S. Interior Department has recommended to the White House that all federal offshore oil and gas drilling auctions over the next five years be located in the Gulf of Mexico, where the drilling industry has already been focused for decades…

Staatsolie to Offer 60% of Suriname's Offshore Blocks in Coming Year

Jun 30, 2022

Suriname's state oil firm Staatsolie is getting ready to offer 60% of the country's offshore blocks for auction over the next 12 months, starting with a deepwater round in the fourth quarter, a company executive said on Wednesday.The Guyana…

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