Ocean Rig Athena News

 

DOF Subsea scores Ithaca decom job

Oct 07, 2016

Subsea services provider DOF Subsea said it has been awarded a contract by Ithaca Energy for phase 1 of the decommissioning of the Ithaca-operated Athena field in the UK North Sea. Athena is in UK Continental Shelf block 14/18B in the…

Ocean Rig delays newbuilds, seeks financial advice

Aug 12, 2016

Rig operator Ocean Rig has agreed to delay the delivery of the first two of three new rigs it is having built by Samsung Heavy Industries. The firm is also assessing its future financial viability amid a 'grossly oversupplied market,' which is expected to worsen…

Petro-states in the making

Jul 01, 2016

Unlocking Senegal and Mauritania’s major finds will be a huge hurdle, with a lack of infrastructure in both countries. But, it’s also an opportunity for supply chain companies, says the EIC’s Chad Barnes. A worker onboard the Ocean Rig Athena…

Cairn completes Senegal campaign on a high

May 19, 2016

UK-based independent Cairn Energy says its latest appraisal well on the deepwater SNE discovery offshore Senegal has 'confirmed the scale and potential of this world class asset.'  The latest well, which is the final in a four-well campaign drilled this year…

North Sea drilling outlook remains bleak, says Awilco

May 11, 2016

Drilling contractor Awilco Drilling posted zero revenues for Q1 this year and a net loss of US18.7 million, thanks to one rig being out of work and another undergoing work. While the firm has work for one of its two semisubmersible rigs…

Ocean Rig buys Cerrado drillship

Apr 25, 2016

Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant Libra prospect offshore Brazil, following its owner Brazil-based Schahin Group bankruptcy declaration last April…

Cairn spuds latest SNE appraisal

Apr 18, 2016

Cairn Energy has spudded its latest appraisal well on the 'world-class' SNE or Shelf Edge discovery offshore Senegal using the Ocean Rig Athena drillship, says partner FAR Ltd. Last month, FAR said recent appraisal well drilling on the…

SNE justifies "significant commercial development"

Apr 13, 2016

The 'world-class' SNE oil field offshore Senegal contains at least 560 MMbbl, justifying 'a significant commercial development,' according to a partner on the deepwater project. The increase, given by FAR following an independent assessment of the field's contingent resources…

Mixed results on BEL-1 for Cairn

Apr 11, 2016

UK-based explorer Cairn Energy has met with mixed results on its latest exploration well offshore Senegal. The BEL-1 well, drilled in 1031m water depth to 2767m total vertical depth, was targeting the Bellatrix exploration prospect and appraising the northern extent of the SNE field…

Cairn ups deepwater Senegal resource estimate

Mar 15, 2016

UK-based explorer Cairn Energy has increased its resource estimate on the major SNE discovery offshore Senegal by 20%, with potential for it to increase further, following successful appraisal work.  The deepwater field, sitting in about 1100m water depth…

Positive results from SNE-3, Senegal

Mar 09, 2016

UK-based explorer Cairn Energy's latest appraisal well on its SNE discovery offshore Senegal has been hailed a success.   Far Ltd, a partner on SNE, has previously estimated the SNE 2C contingent resource at 468 MMbbl. An updated resource…

Ocean Rig: No recovery until 2018, earliest

Feb 16, 2016

Drilling contractor Ocean Rig CEO George Economou has warned that a recovery for the oil and gas industry might not come until 2018, at the earliest.  Economou's comments were made as the Greece-based firm announced its second rig cancellation in the space of days…

Premier drops Eirik Raude, Chatham well deferred

Feb 12, 2016

Premier Oil is to drop its plans to drill its final Falklands drilling campaign well after serving a termination notice to rig operator Ocean Rig.  The firm had been due to drill the Chatham prospect. But, following 'a number of material…

Premier Oil sends Ocean Rig breach notice

Feb 01, 2016

Ocean Rig, a provider of offshore deepwater drilling services, has announced that on 31 January 2016, it has received a notice of breach of material obligations from Premier Oil under the drilling contract for the Eirik Raude. Ocean Rig is…

BW Athena to demobilize, seeks work

Jan 22, 2016

The BW Athena floating production, storage and offloading (FPSO) vessel is to be demobilized from the Athena field in the UK North Sea next month. The move, which had been expected, will the see BW Athena leave the field Athena and Anglia fields…

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