Offshore Drilling News - page 5

 

Booming Guyana Sets Offshore Oil Auction Under Revamped Fiscal Terms

Nov 04, 2022

Guyana, one of the world's hottest oil drilling zones, will offer 14 offshore exploration blocks under terms that 'significantly' increase its share of oil revenue, the South American nation's vice president said on Thursday. Officials this…

Angola: Sonadrill Wins 12-well, $402,500 Per Day Contract for Libongos Drillship

Nov 03, 2022

Sonadrill, Seadrill's 50:50 joint venture with an affiliate of Sonangol, has secured a 12-well extension in Angola for the Libongos drillship at $402,500 per day.The total contract value for the firm part of the deal is around $327 million, inclusive of additional services…

Dolphin Drilling Can Take Part in Petrobras' Offshore Drilling Rig Tenders

Nov 02, 2022

Offshore drilling company Dolphin Drilling said Wednesday it had been re-approved as an official rig supplier and would be invited to take part in Petrobras upcoming rig tenders.Bjørnar Iversen, CEO of Dolphin Drilling said: 'We are pleased with our re-approvement…

ADNOC Awards $4B Worth of Integrated Drilling Fluids Services

Nov 01, 2022

Abu Dhabi National Oil Company (ADNOC) on Tuesday announced the award of three framework agreements valued at $4 billion (AED14.68 billion) for integrated drilling fluids services (IDFS) to support the ongoing expansion of its 'lower cost and…

ADIPEC: Kongsberg Digital App to Optimize Drilling and Well Ops in Real Time

Nov 01, 2022

Norway's Kongsberg Digital has launched a new application at ADIPEC, which promises to enable oil and gas operators to follow their key performance indicator (KPI) progress on drilling and well operations in real time.According to Kongsberg Digital…

Suspension of Oil Exploration in Colombia Would be High Risk -Fiscal Panel

Nov 01, 2022

Income derived from hydrocarbon exploration and production in Colombia is key to the country's financial stability and its trade balance, its fiscal rule committee said on Monday, and suspension of exploration would put fiscal sustainability at risk…

Inadequate Planning, Execution Led to 35.2-ton Slip Joint Dropping from Offshore Rig in Norway

Oct 31, 2022

Inadequate planning and execution led to a 35.2-ton slip joint unintentionally dropping from Odfjell Drilling's offshore drilling rig to an offshore supply ship before ending up on the seabed offshore Norway in March this year, an investigation by the Petroleum Safety Authority Norway has shown…

Petrobras Finds Oil in Sepia Area. Oil Column Described as One of Thickest Ever in Brazil

Oct 31, 2022

Brazilian oil giant Petrobras has found oil at the Pedunculo well, located in the northwest of the Sépia offshore oil field, around 250 kilometers off the coast of Rio de Janeiro, Brazil.The well was drilled at a water depth of approximately 2…

Nigeria Planning Auction for Seven Deep Offshore Oil Blocks

Oct 31, 2022

Nigeria is planning to auction seven deep offshore oil blocks, 15 years since the last ones were auctioned, the upstream regulator said on Saturday. Apart from marginal fields, Nigeria last conducted bidding for 45 oil blocks in 2007 even when…

UK: Oil Firms Failing to Meet Drilling Obligations Face Financial Penalties

Oct 28, 2022

The UK oil and gas regulator North Sea Transition Authority (NSTA) warned the industry on Friday that it would not hesitate to take action against companies that fail to meet their license obligations. 'An investigation has been opened into whether a company…

Chevron's $11.2B Q3 Profit Soars Past Estimates

Oct 28, 2022

Chevron Corp  on Friday reported its second-highest ever quarterly profit, blasting past analysts' estimates, driven by soaring global demand for its oil and gas and rising production from its U.S. oilfields.The surge comes as oil companies…

Dolphin Drilling Starts Trading on Euronext Growth

Oct 28, 2022

Offshore drilling company Dolphin Drilling on Thursday announced public trading on Euronext Growth, after a recent private placement and share issue with total gross proceeds of $45 million. “Dolphin Drilling has attractive assets, a strong…

World's First 8th Generation Drillship Starts Maiden Contract

Oct 28, 2022

Offshore drilling company Transocean said Thursday that its Deepwater Atlas, the world's first 8th generation drillship, had started its first contract.The offshore drilling rig, delivered by Singapore's Sembcorp Marine in June, is under a contract with Beacon Offshore Energy in the U…

ExxonMobil Makes Two More Oil Finds at Guyana's Stabroek Block

Oct 26, 2022

ExxonMobil has made two new discoveries at the Yarrow-1 and Sailfin-1 wells on the Stabroek Block offshore Guyana.The discoveries, which are the eighth and ninth this year, will add to the block’s previously announced gross discovered recoverable…

ABL Group Buys Well Control Equipment Firm HOSE International

Oct 26, 2022

Energy and marine consultancy ABL Group (ABL) said Wednesday it had acquired the operations of well control equipment specialists HOSE International.The two companies have cooperated since 2019 to jointly provide rig and well control inspection services for the offshore industry…

Current News

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Report: Chevron Hits Gas Offshore Egypt

Report: Chevron Hits Gas Offshore Egypt

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