Offshore Drilling News

 

Pacific Drilling Taps Harris as CFO

Jul 22, 2019

Offshore drilling contractor Pacific Drilling announced on Monday that its board has appointed James W. Harris to serve as the company's senior vice president and chief financial officer, replacing Johannes 'John' P. Boots, who is stepping step down from his position to pursue other opportunities…

Eastern Med Heats Up

Jul 22, 2019

Suppliers hoping to tap the fast-warming Eastern Mediterranean energy market need look no further than the consortia submitting bids on 12 of 19 exploration blocks offshore Israel.With gas-supply deals in place with Egypt, Jordan, Greece and domestic Israeli producers…

Saipem Tallies $160 Mln Drilling Contracts

Jul 22, 2019

Italian based offshore services company Saipem said it has netted new offshore drilling contracts in Romania and Abu Dhabi worth over $160 million combined.Under one of the contract awards, Saipem will drill a well in Romania’s Black Sea waters using the semi-submersible rig Scarabeo 9…

3D Inversion Helps Tackle Complex Reservoirs

Jul 19, 2019

Halliburton leveraged technology from the mining industry to reveal subsurface structures in a way that improves geosteering, geomapping and geostopping in complex reservoirs.The service company has introduced EarthStar 3D Inversion, a 3D reservoir mapping process that…

Seadrill Gets a Drillship Contract

Jul 18, 2019

UK-based international offshore drilling contractor Seadrill Partners has scored a contract in Gabon for one of its drillships.The offshore drilling firm said in press release that its drillship West Polaris had secured a contract with PC Gabon Upstream for drilling operations in Gabon…

ABS to Class Mono Column Jack-up

Jul 17, 2019

ABS announced it will class a new self-elevating platform with a unique triangular mono column design from Singapore-based Calm Oceans Pte Ltd.The Mono-Column Platform-Lite (MCP-Lite), capable of operating in depths of up to 70 meters, is equipped with a water injection module…

Halliburton Debuts 3D Logging-While-Drilling Tech

Jul 17, 2019

A newly introduced logging-while-drilling (LWD) capability, 3D reservoir mapping, provides a detailed representation of subsurface structures to improve well placement in complex reservoirs, services company Halliburton announced.3D inversion…

Vietnam, China in South China Sea Standoff

Jul 17, 2019

Vietnamese and Chinese ships have been embroiled in a weeks-long standoff near an offshore oil block in disputed waters of the South China Sea, which fall within Vietnam's exclusive economic zone, two Washington-based think-tanks said on Wednesday…

Equinor Drills Dry Well in North Sea

Jul 17, 2019

Equinor Energy AS, operator of production licence 502, has completed the drilling of wildcat well 16/5-7.Equinor’s objective was to investigate potential reservoir rocks in several levels: Upper Jurassic intra Draupne Fm sandstones, Upper Triassic Skagerrak Fm…

Parker Drilling CEO to Retire

Jul 16, 2019

Oilfield services firm Parker Drilling Company said its president, CEO and director, Gary Rich, will retire later this year.The Houston-based company, which completed a financial restructuring earlier this year, said Rich will remain in his…

Cyprus Rejects Turkish Cypriot Gas Share Proposal

Jul 16, 2019

Cyprus on Tuesday rejected a Turkish Cypriot proposal that the two communities cooperate in the search for gas off the island, saying it was a diversion technique to real negotiations on ending the division of the country.'The proposal of the Turkish Cypriot leader…

Africa to Complete 6 High Impact Wells

Jul 16, 2019

As many as six high impact wells are yet to be completed this year around Africa, after several consecutive low-activity years with only a few positive results.According to the energy research and business intelligence company Rystad Energy…

Expro to Supply IRS Offshore Mauritania

Jul 15, 2019

Oilfield services company Expro said it has been awarded a contract by Pacific Drilling subsidiary Pacific Santa Ana for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti Field Phase II plug and abandonment (P&A) contract…

Hurricane Energy Spuds Lincoln Crestal

Jul 15, 2019

UK-based oil exploration and production company Hurricane Energy said it has spudded the second of three wells on the Greater Warwick Area in the UK North Sea.Well 205/26b-B well, or Lincoln Crestal, was was spudded – the start of the drilling process – using the Transocean Leader rig…

50 Wells to be be Drilled in 2019: NPD

Jul 15, 2019

The Norwegian Petroleum Directorate (NPD) expects that more than 50 exploration wells will be drilled in 2019. This is just as many as in 2018. Most of the wells being drilled in 2019 are wildcat wells, while in 2018 there was an almost equal number of wildcat and appraisal wells…

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