OMV and its partners have drilled a dry well on the Horatio prospect in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The well 35/6-6, dubbed Horatio, is located in production license 1109, operated by OMV with 30% working interest…
Offshore accommodation rig provider Prosafe has signed an agreement to sell for recycling its Safe Scandinavia accommodation rig, which has been cold stacked for over six years.The 1984-built, anchor moored semi-submersible tender support and…
Offshore accommodation rig provider Prosafe has published an operational update for February 2025, achieving fleet utilization of 57%.The company’s accommodation rigs Safe Notos, Safe Zephyrus and Safe Concordia operated at full capacity during the period…
Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has granted consent to Equinor for exploration drilling in an oil and gas block in the North Sea.The consent is for block 24/11, part of production license 169…
Offshore accommodation rig provider Floatel International has finalized the sale of semi-submersible accommodation rig Floatel Reliance, which has been in lay-up since April 2016.The firm contract follows the previously announced agreement in…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new contract for an additional vessel in the Middle East.The contract, awarded by a major regional client whose name was not disclosed…
After several years of collaboration, Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF) are consolidating, creating a “one-stop-shop” for lifting and rigging solutions. Two companies within the DSF Group—Gouda Constructie and Breda…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6405/7-4 in production license 1005, which is operated by Aker BP with 40% working interest, Vår Energi with 40% stake…
Salunda, a provider of digitized solutions for safety critical industries, has launched the Latch Hawk 2 fingerboard latch monitoring device to improve safety during pipe handling on offshore drilling rigs.Latch Hawk 2 provides a direct measurement…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured three-year contract extensions with a major National Oil Company (NOC) in the Middle East for two of its vessels.These extensions, secured at enhanced rates…
India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies as part of a $5 billion plan to grow output five-fold in the coming years, its chairman said on Tuesday.'I want to spend $5 billion on developing my project to get to 500…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea.The permit is for wells 34/6-8 S and 34/6-8 A in production license 554.Equinor is the operator of the license with 40% working interest…
BW Energy has made a ‘substantial’ oil discovery with good reservoir quality on the Bourdon prospect in the Dussafu license, offshore Gabon. The well was drilled by Borr Drilling’s Norve jack-up rig to a total depth of 4,135 meters.Evaluation…
Offshore drilling contractor Noble Corporation has secured a contract for its Noble Regina Allen jack-up rig with an undisclosed operator offshore Suriname.The one-well contract will span approximately 65 days, and is expected to begin in the fourth quarter of 2025…
Britain plans to overhaul its windfall tax regime on oil and gas producers once current levies run out in 2030, it said on Wednesday as it vowed to transform the North Sea into a renewables hub.The government is asking industry players and others…