Offshore Drilling News

 

NPD Awards North Sea Drilling Permit to Equinor

May 28, 2019

The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for the exploration well 16/5-7 in the North Sea, offshore Norway.The drilling program for 16/5-7 relates to the drilling of a wildcat well in production license 502…

Seadrill Contract Backlog Reaches $1.9bln

May 28, 2019

The deepwater drilling contractor Seadrill said that its contract backlog, as of May 23, 2019, totaled approximately $1.9 billion.The drilling services provider said it has added $130 million of additional backlog from March, including the AOD…

MOL Norge Drills Duster in North Sea

May 27, 2019

The explorer and producer oil and gas MOL Norge AS, operator of production licence 539, is in the process of completing the drilling of wildcat well 3/7-11 S.The well was drilled about seven kilometres southwest of the Trym field on the eastern side of the Mandal High…

iSURVEY Scores Lundin Norway Contract

May 24, 2019

Survey and positioning services provider iSURVEY informs it has been awarded a contract to  perform a drilling hazard survey campaign in the North Sea and in the Barents Sea, on behalf of Lundin Norway.Work commences in June, with a seabed geological…

Imbalance in the Oil & Gas Ecosystem

May 24, 2019

While the oil and gas industry shows signs of stabilization, the imbalance in value and margins between exploration and production (E&P) companies and the oilfield service segment is significant, according to a report by Deloitte.A major worry…

Energy Drilling Wins Work in Malaysia

May 24, 2019

Singapore based Energy Drilling said it has received a letter of award (LOA) on May 15 from EnQuest to perform drilling services on the Seligi Field offshore Peninsula Malaysia with the tender assist rig (TAD) EDrill-2. The contract calls for two firm wells plus two option wells…

Seadrill Considers Selling Non-core Assets

May 23, 2019

Offshore drilling contractor Seadrill is considering selling non-core assets, including its 15.7% stake in oil service firm Archer , to reduce its liabilities, the firm's outgoing chief financial officer said on Thursday.Seadrill, controlled by Norwegian billionaire John Fredriksen…

Zennor Completes Drilling at Finlaggan

May 23, 2019

UK-based oil and gas exploration and production company Zennor Petroleum said drilling and testing operations have been completed at its operated Finlaggan field development in the UK Central North Sea.The development project is targeting 30mmboe…

Dana Gas Spuds Merak-1 Offshore Egypt

May 22, 2019

Dana Gas said it commenced drilling operations on Monday at its Merak-1 well, offshore Egypt in the hopes of finding world-class natural gas resources in a basin where several giant discoveries have been made in recent years.The location is in 755 meters of water in the North El Arish concession…

Newpark Eyes Deepwater Opportunities

May 21, 2019

New deepwater technologies and service capabilities from drilling fluids provider Newpark aim to help offshore oil and gas customers tackle challenging environments with faster, safer and cleaner results.The company's expanded portfolio of stimulation…

Shelf Bags Middle East Work for Jack-up

May 21, 2019

Oslo-listed Shelf Drilling,  world's largest contractor of jack-up rigs, has secured a three-year contract offshore the Arabian Peninsula.The company’s recently acquired premium newbuild jackup drilling rig Shelf Drilling Achiever will likely start the program in 4Q 2019…

NPD Grants Drilling Permit to Equinor

May 21, 2019

The Norwegian Petroleum Directorate (NPD) has granted Equinor Energy AS a drilling permit for well 7324/6-1.The well will be drilled from the West Hercules drilling facility, said a press release from NPD.The drilling programme for well 7324/6…

Eni Secures Offshore Argentina Block

May 21, 2019

The Argentinian authorities have officially awarded the exploration license of offshore block MLO 124 to an Eni-led consortium.An Eni-led consortium wins an exploration license of offshore block MLO 124 from the  authorities, said a press release…

Saipem Scores Drilling Work

May 20, 2019

Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…

Drillers Come Up Dry Offshore Pakistan

May 20, 2019

The consortium exploring the Kekra-1 well off the coast of Pakistan is ending drilling operations after no reserves of oil and gas were found, a spokesman for Oil and Gas Development Co Ltd, one of the Pakistani partners, said.'The oil exploration well will be plugged and abandoned…

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