%22Shelf Drilling%22 News

Environmental Group Backs Out of Scarborough Litigation

Aug 19, 2024

Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well…

Ultra-High Pressure Oil Wells Could Unleash another 2B Barrels from GOM

Aug 18, 2024

U.S. energy firms last week cut oil and natural gas rigs for the second time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by two to 586 in the week to Aug…

TotalEnergies Extends DeepSea Mira’s Stay in West Africa

Aug 09, 2024

Offshore drilling rig owner Northern Ocean has secured a contract extension with TotalEnergies for DeepSea Mira semi-submersible rig for continued work in West Africa.The firm term of the contract is extended from October 2024 for one well and provides one additional well option…

Esgian Week 32 Report: Second Round of Saudi Jackup Suspensions

Aug 11, 2024

Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…

US Drilling Firms Grow Oil and Gas Rig Count

Aug 12, 2024

U.S. energy firms this week added oil and natural gas rigs for the third time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, rose by two to 588 in the week to August 9…

Chevron’s Gorgon Gas Development Backfill Fields Proposal Up for Public Input

Aug 09, 2024

Chevron’s Gorgon gas development backfill fields offshore project proposal, which includes the tie-up of seven backfill fields to the existing subsea infrastructure offshore Australia, has been made available for public comment.Chevron proposes…

Equinor's Platform Supply Vessel Set to Operate on Gasum’s bio-LNG

Aug 08, 2024

Gasum and Equinor have launched a series of liquefied biomethane (bio-LNG) bunkering operations in Norway's Port of Dusavik, with bio-LNG being bunkered to Equinor’s chartered platform supply vessel Island Crusader.The first bio-LNG delivery was successfully carried out mid-July…

AI Tools Lift ADNOC's SARB Field Production Capacity for 25%

Aug 08, 2024

Abu Dhabi National Oil Company (ADNOC) has started Artificial Intelligence (AI)-enabled digital operations at its offshore Satah Al Razboot (SARB) field, achieving 25% increase in production capacity with the help of advanced digital technologies…

Petrobras Confirms Gas Discovery Offshore Colombia

Aug 05, 2024

Petrobras has achieved the main objective of the Uchuva-2 well, confirming the extent of the gas discovery made in the Tayrona block, located offshore Colombia’s Caribbean coast.The achievement confirms the gas discovery made in 2022 with the drilling of the Uchuva-1 well…

Shell Plans Water Injection at Vito Field

Aug 14, 2024

Shell announced it will use water injection to enhance oil volume capacity at its deepwater Vito field in the U.S. Gulf of Mexico.The British multinational oil major on Wednesday said its Shell Offshore Inc. subsidiary has taken a final investment decision (FID) on the project…

Esgian Week 31 Report: Busy Week for Borr Drilling, Valaris, Transocean and Noble

Aug 04, 2024

Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…

Archer Acquires Argentinian Managed Pressure Drilling Firm

Aug 01, 2024

Oilfield services firm Archer has entered into an agreement with Air Drilling Associates to acquire its managed pressure drilling (MPD) subsidiary ADA Argentina.ADA provides MPD services to Archer's largest customers in the Vaca Muerta basin in Argentina…

Shelf Drilling Names New Finance Chief

Jul 31, 2024

Offshore drilling contractor Shelf Drilling today has appointed Douglas Stewart as its Executive Vice President and Chief Financial Officer (CFO).The appointment follows the Shelf Drilling’s announcement from February 2024 that Greg O’Brien…

Vard to Build Energy Construction Vessel for Norwegian Firm

Aug 02, 2024

Norwegian shipbuilder Vard has signed a contract with Wind Energy Construction for the design and construction of a new energy construction vessel (ECV), securing also an option for one additional vessel.Wind Energy Construction is a Norwegian…

Shelf Drilling Sells Baltic Jack-Up Rig

Jul 30, 2024

Offshore drilling contractor Shelf Drilling has signed an agreement for the sale of Baltic jack-up rig for $60 million with an undisclosed client.The buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Southeast Asia…

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