Offshore Drilling News

 

Transocean's Big Move: Adapting Offshore Drilling Vessels to Install Wind Foundations

Apr 19, 2023

Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels.The company said Wednesday it had executed a non-binding memorandum of understanding with offshore wind installation services firm Eneti with a plan to form a joint venture company that will engage in offshore wind foundation installation activities…

Malaysia's Sapura Energy Lands $303 Million in Contracts for Offshore Projects

Jun 08, 2023

Malaysia's Sapura Energy said Thursday it had, between December 2022 and May 2023, secured ten contracts worth around 1.4 billion Malaysian ringgit (currently around $303 million) across the Asia Pacific and Atlantic regions.The contracts were secured across its Engineering and Construction (E&C)…

Reducing Carbon Footprint: Odfjell Drilling's Offshore Rig Successfully Tests Biofuel Operation

May 25, 2023

Norwegian offshore drilling firm Odfjell Drilling said via social media Thursday that it has, with oil firm Equinor, recently completed a pilot project operating an offshore drilling rig on renewable biofuel. According to the company, during the pilot…

ABS and MIT Team Up on Predicting Riser Motion

May 03, 2023

A new study led by the Massachusetts Institute of Technology (MIT) and supported by ABS, offshore industry leaders and MathWorks has expanded the use of artificial intelligence (AI) tools and machine learning methodologies to better predict riser motion…

Halliburton Completes Offshore Wireline Service Work for Croatian INA

Mar 16, 2023

U.S. oilfield services firm Halliburton said Thursday it had recently provided offshore wireline services for Croatian INA Group in the Adriatic Sea. According to Halliburton, the wireline team completed logging operations on four wells, including 17 successful combined runs without any health…

Rystad: Offshore Oil & Gas is Back

Mar 07, 2023

The offshore oil and gas sector is back and is set for the highest growth in a decade in the next two years, with $214 billion of new project investments lined up, the Norwegian energy industry intelligence firm Rystad said in a report Tuesday…

Worker Loses Arm in Incident on Offshore Drilling Rig

Feb 23, 2023

An investigation into a potentially fatal offshore rig incident in Norway in which a worker lost his arm after getting crushed by a heavy drag chain, has now been completed.The incident occurred on the Linus jack-up rig on November 10, 2022…

3-Year Deal: Survitec to Maintain Life Saving Equipment on Valaris' Offshore Rigs

Nov 30, 2022

Offshore drilling operator Valaris has extended its service agreement with Survitec, a provider of survival technology solutions, for another three years.The master service and supply contract, originally signed in 2016, covers the annual and five-year inspection…

UK: Offshore Drilling Crews Call Off Strike, Accept 10% Pay Increase

Oct 26, 2022

More than 450 offshore drilling and drilling maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) have accepted an improved offer of 10% on their rates of pay back dated to June 1, 2022, Unite the union said Wednesday…

Seadrill Wraps Sale of 7 Jack-up Drilling Rigs to ADES

Oct 19, 2022

Offshore drilling firm Seadrill said Tuesday it had completed the previously proposed sale of seven jack-up drilling rigs to ADES in Saudi Arabia.The two companies announced the initial sale and purchase agreement on September 1. With the sale now completed…

APA Strikes Oil in Block 53 Offshore Suriname

Aug 23, 2022

Oil and gas company APA Corporation on Tuesday said it had discovered oil at Baja-1 well in Block 53, offshore Suriname, using the Noble Gerry de Souza drillship.Baja-1 was drilled to a depth of 5,290 meters (17,356 feet) and encountered 34…

ENI Ups Ivory Coast Field Estimates

Jul 29, 2022

Italian explorer Eni has reported 'excellent results' from its latest exploration well offshore Ivory Coast, West Africa, resulting in a 25% increase in the resource estimate for the Baleine field. The Baleine East 1X well was the first exploration…

Borr Drilling Finds Buyer for Three Under-construction Jack-ups

Jun 27, 2022

Jack-up drilling rig owner Borr Drilling has signed a binding letter of intent with an unnamed buyer for the sale of three high-spec jack-up drilling rigs currently under construction with Keppel FELS shipyard for $320 million.Borr Drilling…

Noble Corp. Finds Buyer for Five North Sea Rigs, Paving Way for Maersk Drilling Merger Completion

Jun 23, 2022

Noble Corporation has found a buyer for five jack-up rigs in a move that could alleviate concerns raised by the UK Competition and Markets Authority.Namely, the CMA said in April it had found that Noble Corp. and Maersk Drilling merger - first…

SapuraOMV Drills Duster at Kanga Prospect Offshore W. Australia

Jun 03, 2022

Oil and gas company SapuraOMV has recently completed drilling operations at the Kanga-1 well offshore Western Australia without encountering commercial hydrocarbon volumes.SapuraOMV used the Diamond Offshore Ocean Apex semi-submersible drilling rig…

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