Offshore Drilling News - page 146

 

Africa Energy VP: Luiperd Offshore Discovery Proof South Africa is a World-class Hydrocarbon Spot

Dec 09, 2020

French oil major Total in October struck its second significant discovery offshore South Africa, at the Luiperd-1X well.Luiperd well was drilled to a total depth of about 3,400 meters and encountered 73 meters of net gas condensate pay in well-developed good quality Lower Cretaceous reservoirs…

Maersk Drilling Names New CFO

Dec 09, 2020

Danish drilling contractor Maersk Drilling on Wednesday said its Board of Directors had appointed Christine Morris as the new Chief Financial Officer (“CFO”) and member of the Executive Management with effect from January 5, 2021. Morris' appointment…

Report: EU to Toughen Sanctions on Turkish Offshore Drilling in Contested Waters

Dec 09, 2020

The European Union will impose sanctions on more Turkish individuals and companies responsible for drilling in contested waters in the Mediterranean, according to a draft statement prepared for EU leaders to agree at a summit on Thursday.If agreed…

Norway Approves Aker BP's Hod Field Development Plan

Dec 08, 2020

The Norwegian authorities have approved Aker BP's development and operation plan for the Hod field in the Norwegian part of the North Sea.Aker BP submitted the plan for development and operation of the Hod offshore field to the Ministry of Petroleum and Energy in June…

Norway: Equinor Drills Dry Well in North Sea

Dec 08, 2020

Norwegia oil and gas firm Equinor has drilled a dry well near the Tordis field in the North Sea offshore Norway.Equinor, using the Deep Sea Atlantic drilling rig, has completed the drilling of the wildcat well 34/7-37 S in the production license…

VIDEO: Floating Offshore Wind: Opportunities & Challenges

Dec 07, 2020

The floating offshore wind industry, still considered nascent with around 100MW installed capacity - and minuscule compared to the installed capacity of its „older brother,“ - that is the conventional, fixed bottom offshore wind industry (29GW…

OMV to Use Maersk Drilling Rig for North Sea Wildcat

Dec 07, 2020

Austrian oil and gas company OMV has chartered a Maersk Drilling jack-up drilling rig to drill an exploration well offshore Norway.Maersk Drilling said that OMV would use its jack-up rig Maersk Integrator to drill one exploration well in the…

Keppel Hits Awilco with Another Arbitration Notice, Rig Contract Cancellation

Dec 04, 2020

Singapore-based offshore drilling rig builder Keppel has terminated a construction contract with Awilco Drilling for the Nordic Spring semi-submersible drilling rig and served Awilco with a notice of arbitration.Awilco, a UK North Sea focused driller…

Dry Well for Equinor at Spissa Prospect in Barents Sea

Dec 04, 2020

Norwegian energy company Equinor has drilled a dry well at the Spissa prospect in the Barents Sea, the Norwegian Petroleum Directorate said Friday.The exploration well, formally named 7018/5-1, was drilled around 100 kilometers southwest of the Snøhvit field…

Denmark to End Oil and Gas Exploration and Production by 2050. Cancels Licensing Round

Dec 04, 2020

Denmark's government on Thursday agreed with a majority in parliament to put an end to all oil and gas exploration and extraction in the North Sea by 2050 as well as cancel its latest licensing round.The future of Denmark's oil and gas operations…

Enhanced Drilling Tech for Vår Energi's Ops Offshore Norway

Dec 02, 2020

Norwegian oil and gas company Vår Energi has signed a framework agreement with drilling equipment firm Enhanced Drilling.Under the agreement, Enhanced Drilling will provide Vår Energi with its Cutting Transportation System (CTS) and Riserless…

Sapura Berani Rig Moves to Start Drilling for Total in Congo

Dec 01, 2020

Malaysian offshore drilling company Sapura Drilling has informed that its Sapura Berani semi-submersible self-erecting tender-assist drilling rig is on its way to Congo to start a drilling contract.In a social media post on Tuesday, Sapura Drilling…

Seadrill Partners Files for Chapter 11 Bankruptcy Protection

Dec 01, 2020

Seadrill Partners LLC said on Tuesday it had filed for Chapter 11 bankruptcy protection as a means to restructure its debt, in another sign of financial difficulties for the wider Seadrill Ltd oil drilling rig group.'The company intends to use the bankruptcy process to ensure that all customer…

Borr Drilling Warns of Financial Challenges, Eyes Consolidation

Dec 01, 2020

Borr Drilling, a Norwegian contractor of shallow-water drilling rigs, warned on Monday that the company continued to face a “very challenging” financial situation after reporting $61.9 million in net loss for the third quarter.The company said…

Equinor Cleared to Drill Exploration Well in Johan Castberg License Area

Nov 30, 2020

Norwegian oil giant Equinor has been cleared to drill an exploration well at the Isflak prospect in the Barents Sea.The well 7220/7-4 sits in the production license 532, in a water depth of 351 meters. The approval was granted by the safety regulator PSA Norway…

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