Equinor and its partners have made an oil and gas discovery on the Gudrun field in the North Sea, offshore Norway, using Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The discovery was made in wildcat wells 15/3-13 S and 15/3-13 A…
Italian offshore energy services firm Saipem has secured contract extension with Aker BP for its Scarabeo 8 semi-submersible drilling rig, in operation offshore Norway.The contract for Saipem’s Scarabeo 8 for has been extended until the end of 2026…
Shell said on Tuesday it has started the process of restoring oil production at its Stones platform as the forecast of a looming major hurricane in the U.S. Gulf of Mexico shifted.Shell had shut down production on Sunday at both the Stones and…
Hong Kong-based developed of uncrewed surface vehicles (USV) OceanAlpha has unveiled plans for year-long showcase of its USVs across the Middle East Region for offshore energy sector and other maritime industries.Beginning in Qatar’s Doha, the…
Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM…
Oilfield services firm Archer has secured a new five-year platform drilling contract with OKEA for work at Brage development, offshore Norway.The new contract has an initial estimated value of $79 million (NOK 850) million over a firm five-year…
The international joint venture (JV) partners, led by BP as the operator, have signed commercial agreements for the development of gas reserves at the giant Azeri-Chirag-Gunashli (ACG) gas field offshore Azerbaijan.After the State Oil Company of the Republic of Azerbaijan (SOCAR) and BP…
The chief executive officer of Norwegian offshore vessel owner Eidesvik Offshore, Gitte Gard Talmo has resigned from his role to take up a new position in an international company abroad.Gitte Gard Talmo has been with the company for 22 years and has been CEO of Eidesvik Offshore since January 1…
Equinor, the operator of the Johan Castberg field, has anchored the floating production, storage and offloading vessel (FPSO) unit at the field in in the Barents Sea, which is expected to start producing at the end of 2024.The hook-up of the FPSO to the subsea facilities…
Offshore drilling contractor Northern Ocean has appointed Eirik Sunde as the new Chief Commercial Officer.Effective as of December 1, 2024, Sunde will join Northern Ocean from Transocean, where he has served as Senior Marketing Manager, overseeing commercial processes for the Norwegian sector…
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…
Equinor and its partners have proven gas/condensate in a well in the Norwegian Sea, drilled in connection with the Lavrans discovery, which is currently undergoing development.The well 6406/2-L-2 H, located 260 kilometres southwest of Brønnøysund…
Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…
Offshore drilling contractor Transocean has secured a contract from BP for its Deepwater Atlas drillship, which will be put to work at U.S. Gulf of Mexico.The 365-day contract, valued at $232 million, also provides for a 365-day option. The program is expected to begin in the second quarter of 2028…
Offshore drilling firm Shelf Drilling has secured new contract awards for two of its jack-up rigs in West Africa.The first contract is for the Shelf Drilling Mentor, covering 10 wells and an estimated duration of 450 days in direct continuation of the rig’s current campaign in Nigeria…