%22Shelf Drilling%22 News

New Well at Bittern Field Linked to Triton FPSO Stabilizes Production

Oct 02, 2024

Serica Energy has informed that the B6 well on the Bittern field, which started initial flowback to the Triton FPSO in September 2024, is now producing at a stable rate.The well is producing oil and gas at a combined gross rate of around 8,000 boepd…

Sea1 Offshore Secures Work for AHTS Fleet in Australia

Oct 04, 2024

Norwegian offshore vessel owner Sea1 Offshore, formerly Siem Offshore, has secured a multi-well project for three anchor handling tug supply (AHTS) vessels in Australia.The contract begins in second to third quarter of 2025, for a firm period of around 380 days up to 670 days per vessel…

Expansion Works at Leviathan Gas Field Off Israel Delayed as War Escalates

Oct 07, 2024

Chevron Mediterranean, a subsidiary of the U.S. oil giant Chevron, has informed that the works on the Leviathan field that would expand its gas production have been postponed due to the escalation of security situation resulting from the Israel-Gaza war…

Coastal Contracts Orders Subsea Support Vessel Pair in China

Sep 20, 2024

Malaysian shipowner Coastal Contracts Bhd on Thursday placed an order with Chinese shipbuilder Fujian Funing Shipbuilding Heavy Industry, a subsidiary of Fujian Shipbuilding Industry Group, for a pair of 85-meter subsea support/maintenance vessels…

Odjfell Drilling Share Block Sale Wraps Up

Sep 26, 2024

A block share of existing shares in offshore drilling contractor Odfjell Drilling, led by Odfjell Partners Holding, which is ultimately controlled by Helene Odfjell and family, has been completed through an accelerated bookbuilding process.The seller…

Northern Ocean Forms Alliance with Springfield as It Secures Work for Deepsea Bollsta Rig

Sep 27, 2024

Offshore drilling contractor Northern Ocean has signed a strategic alliance agreement in Ghana and a contract with the Springfield Group for the use of the Deepsea Bollsta on a well test of the Afina 1x well, amongst other activities.The strategic…

Shelf Drilling Finalizes Baltic Rig Sale

Sep 23, 2024

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

Constellation Secures $1B Deal with Petrobras for Two Ultra-Deepwater Drillships

Sep 24, 2024

Offshore drilling contractor Constellation has secured two new contracts with Petrobras, worth $1 billion, for the deployment of two ultra-deepwater drillships - Laguna Star, part of Constellation’s fleet, and Tidal Action, a newbuild rig, owned…

New Oil and Gas Discovery in North Sea Confirms Heisenberg Prospect’s Reserves

Sep 24, 2024

Equinor and its partner DNO have made an oil and gas discovery in the northern part of the North Sea, delineating the play-opening 2023 Heisenberg discovery and confirming its volume estimate of 24 to 56 million barrels of oil equivalent (MMboe) with mean of 37 MMboe…

Equinor Gets Permit for Norwegian Sea Drilling Operation

Sep 20, 2024

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a new exploration well in the Norwegian Sea, to be conducted using Odfjell Drilling’s Deepsea Atlantic drilling rig.The permit is for wellbore 6406/6-7 S wildcat well in production license 1119…

Rem Inspector CSV to Sport NES’ Energy Storage System

Sep 23, 2024

Norwegian shipowner Rem Offshore has hired Norwegian Electric Systems (NES) to deliver a deck-based battery energy storage system to its Rem Inspector construction support vessel (CSV). NES, specializing in sustainable energy design and smart control systems for vessels…

Esgian Week 38 Report: Contracting has Slowed

Sep 22, 2024

Esgian has no rig contracts to announced but provides an update on rig moves and drilling operations in the US Gulf of Mexico, Canada, Morocco and Norway in its Week 38 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesExxonMobil…

PRIO Buys Peregrino Oil Field Stake in $1.92B Deal with Sinochem

Sep 27, 2024

Brazilian oil and gas company PRIO has signed a sale and purchase agreement with SPEP Energy Hong Kong Limited and Sinochem International Oil for the acquisition of 40% interest in the Peregrino and Pitangola fields in the Campos Basin, offshore Brazil…

Seadrill to Install Oil States’ MPD Tech on Its Drilling Rigs

Sep 18, 2024

Offshore drilling contractor Seadrill has entered into non-exclusive collaborative relationship with Oil States International aimed at increasing the safety and efficiency of offshore Managed Pressure Drilling (MPD) operations.The strategic…

Shelf Drilling to Consolidate Jack-Up Fleet and Resolve Funding Gaps via Triangular Merger

Sep 16, 2024

UAE-based offshore drilling firm Shelf Drilling (SHLF) has initiated a business consolidation plan via triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS), as the surviving entity in the proposed merger…

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