Ocean Rig Athena News

 

Eni axes Ocean Rig Olympia contract

Jan 21, 2016

Global offshore deepwater drilling services provider Ocean Rig UDW received a termination notice from Italian giant Eni for the Ocean Rig Olympia deepwater drillship. According to Ocean Rig, “due to the dramatic fall of the crude oil price and the volatile market context…

Cairn spuds SNE-3 off Senegal

Jan 18, 2016

The second appraisal well, SNE-3, to be drilled on the SNE oil field, 100km offshore Senegal, has been re-entered and will now be drilled to planned total depth. SNE-3 well, located approximately 3km south of the initial SNE-1 discovery well…

Senegal well flows for Cairn

Jan 04, 2016

UK based independent Cairn Energy has successfully tested its SNE-2 appraisal well offshore Senegal. The firm performed drilling, coring, logging and drill-stem testing (DST), as part of its latest, minimum three-well exploration campaign offshore Senegal…

Greater Stella remains on track

Nov 16, 2015

Ithaca Energy's delayed Greater Stella Area development remains on track for first production in Q2 next year. In a trading update this morning, Ithaca says sailaway of the FPF-1 floating production facility from the Remontowa Shipyard in Gdansk…

Cairn spuds off Senegal

Nov 05, 2015

Cairn Energy spudded the first appraisal well on the SNE oil field located 100km offshore Senegal; according to joint venture partner Far Ltd. Map from Far. The SNE-2 well will…

Petrobras dumps Diamond rigs

Nov 02, 2015

Amid positive Q3 results, Houston-based Diamond Offshore is sending one of its vessels to the scrap yard after Brazil’s Petroleo Brasileiro (Petrobras) cut contracts short for two of its vessels, resulting in an extension for another contract…

Drilling starts on SNE-1 campaign offshore Senegal

Nov 02, 2015

Drilling has started on the 200 bbl prize SNE-1 appraisal program offshore Senegal. The three wells SNE-2, SNE-3 and BEL-1 will be drilled back to back in a program that is estimated to be completed in mid-2016. Both SNE-2 and SNE-3 appraisal wells will be logged…

Ocean Rig Athena heading for Senegal

Oct 14, 2015

Cairn Energy is due to start its 1 billion bbl-seeking drilling program on its prospective offshore Senegal blocks in coming weeks. The Ocean Rig Athena is expected to start mobilization to Senegal from its current location in Angola in the next few days…

Cairn to begin Senegal drilling

Oct 13, 2015

In this video FAR Ltd’s managing director Catherine Norman, explains the company’s upcoming appraisal/exploration drilling program, as part of the Cairn Energy operated offshore Senegal permits.

 Cairn, with FAR and other joint venture partners in Senegal…

Ocean Rig weighs scrapping two semis

Oct 08, 2015

Due to continued challenging market conditions, Athens, Greece-based rig provider Ocean Rig announced that if no future work is found for two of its fifth generation ultra-deepwater semisubmersible rigs – the Eirik Raude and Leiv Eiriksson – they could be scrapped…

Petrex completes BW Athena inspection

Aug 25, 2015

Subsea engineering and project management company Petrex Developments has successfully completed the inspection of the BW Athena dynamic flexible riser/umbilical systems, FPSO mooring system and hull for North Sea operator Ithaca Energy. The…

Senegal green-lights Cairn campaign

Aug 18, 2015

Senegal’s government has approved UK explorer Cairn Energy’s latest plans to carry out a 3D seismic survey and a multi-well exploration program off its shores, starting this year.  The minimum three-well campaign is targeting more than…

Ocean Rig gets extension, new contract

May 18, 2015

Ocean Rig received a one-year extension from Eni Angola S.p.A for the Poseidon drillship that will last until 2Q 2017, with total contract backlog now standing at about US$367 million. Ocean Rig also entered into a new contract for the…

Cairn outlines major Senegal exploration plan

May 11, 2015

UK-based explorer Cairn Energy is ramping up its exploration and appraisal work offshore Senegal following the firm’s two major discoveries in the country made last year.  Cairn is planning a “very ambitious” three-year evaluation plan…

Trap Oil warns of possible insolvency

Apr 23, 2015

North Sea exploration minnow Trap Oil has warned that, without urgent additional funding, it is likely to become insolvent.  The firm, which has reduced its overheads from £5.1 million 2 years ago to £1.3 million/yr posted a pre-loss of £44…

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