Jerry Lee discovers how Marathon and ConocoPhillips teamed up to drill difficult deepwater wells in the Gulf of Mexico using a custom MPD system onboard the Maersk Valiant drillship. The drill floor is the heart of the Maersk Valiant…
Norway’s Petroleum Safety Authority (PSA) has given Norske Shell consent to use the Island Constructor mobile drilling facility for start-up and repair of wells on the Draugen field, offshore Norway. Draugen is an oil field in the Norwegian Sea in 250m of water…
UK independent operator Premier Oil says it has cut costs on its North Sea Catcher floating production project by 15% - and the project remains on schedule. Forecast gross capex to first oil is now anticipated to be about US$1.35 billion…
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…
ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending. The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…
The UK North Sea's first use of a subsea oil storage tank has started, independent operator Premier Oil announced this morning. First oil on the Solan field, which was developed to use normally unmanned facilities, including subsea oil storage and tanker offloading…
Island Offshore has secured contracts with Norske Shell worth US12 million (100 million NOK) for two of its vessels, the Island Valiant and Island Constructor at the Draugen oil field, offshore Norway. The Island Constructor…
Premier Oil anticipates to spud the Bagpuss well on 7 July, located in the UKCS Block 13/24c on the Halibut Horst, in the UK North Sea, according to partner North Sea Energy. An option has been exercised for the Ocean Valiant semisubmersible rig to drill the well…
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…
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…
TGS announces a new multi-client 3D survey offshore Eastern Canada with plans to acquire approximately 4300sq km of seismic data. This survey is conducted in partnership with PGS. The Ramform Valiant, using the PGS GeoStreamer technology…
Premier Oil has taken over 100% interest in its Solan field development West of Shetland as the project nears first oil. Premier says the Ocean Valiant rig has arrived at the Solan field and drilling of the second pair of producer-injector wells is due to start imminently…
Acteon company Offshore Installation Services (OIS) has been awarded a contract to decommission multiple wells in the North Sea by operator Centrica Energy. The initial campaign includes six subsea wells in the central North Sea, in categories 2…
Hungarian exploration outfit MOL Group has made its first step into the Norwegian offshore sector, purchasing the Norwegian assets of UK-based North Sea exploration and production firm Ithaca Energy. Ithaca will sell its Norwegian assets…
Aqualis Offshore completed the marine warranty services for the dry transportation of the mobile offshore drilling unit Valiant Driller jackup from Indonesia to India, where it will operate for ONGC. Aqualis currently provides marine warranty services on 26 rigs offshore India…
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