Offshore Shallow Water News - page 3


Shelf Drilling Wins $118M Rig Contract Offshore Nigeria

Mar 09, 2023

Oslo-listed jack-up drilling rig leasing firm Shelf Drilling said Wednesday that it had secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.The contract value for the firm period, including mobilization revenue, is approximately $118 million…

Caspian Sunrise Wins Work for Shallow Water Drilling Vessel

Mar 07, 2023

Kazakhstan-focused oil and gas company Caspian Sunrise has won a contract for its offshore drilling vessel, Caspian Explorer.The company, which bought the shallow-water drilling vessel back in 2020, said Tuesday the vessel would drill a well…

Valaris Bags Three Offshore Drilling Contracts Including $500M Deal for Stacked Drillship

Mar 06, 2023

Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig.  One of the drillships in question is the Valaris DS-8,  which secured a three-year, $500 million contract with Petrobras in Brazil…

IOG Spuds Blythe H2 Well in UK North Sea

Mar 06, 2023

Oil and gas company IOG said Monday it had spudded the Blythe H2 well in the UK North Sea at 3.20 a.m. on Sunday 5th March.The well is being drilled by the Noble Hans Deul jack-up drilling rig (to be renamed the Shelf Perseverance) under IOG's contract with Shelf Drilling (UK) Ltd signed in 2020…

Exxon Seeks to Unblock Stalled Sale in 'challenging' Nigeria - Top Executive

Mar 06, 2023

Exxon Mobil Corp hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. The largest U.S. oil company will keep its deep…

Borr Drilling Adds 625 Days to Backlog with Hat-trick of Jack-up Rig Deals

Feb 14, 2023

Shallow water drilling company Borr Drilling has secured contracts and extensions for three jack-up drilling rigs: Ran, Gerd, and Natt.Borr Drilling said on Monday that the contracts added about 625 days to its firm backlog.The premium jack…

JDC to Provide HAKURYU-11 Jack-up Rig for Work in Thai Offshore Field

Feb 10, 2023

Japan Drilling Co., Ltd. (JDC), a Japanese offshore drilling company, has won a contract to drill in Thailand.The contract, signed with Medco Energi, will see JDC provide the jack-up drilling rig  'HAKURYU-11' for work at the Bualuang field…

Egypt: Gempetco Extends Shelf Drilling's Jack-up Rig Term

Feb 09, 2023

Jack-up drilling contractor Shelf Drilling has secured a one-year contract extension for the Rig 141 jack-up rig.The extension is with Gemsa Petroleum Company (“Gempetco”) and is for drilling in the Gulf of Suez, offshore Egypt, in direct continuation of the drilling rig's current term…

Shell's Southern North Sea Discovery Could Be "Largest in Over in a Decade"

Feb 08, 2023

Shell's recent discovery at the Pensacola prospect could be 'one of the largest natural gas discoveries in the Southern North Sea in over a decade.' This is according to Deltic Energy, Shell's partner in the project, which said that Deltic pre…

Roc Oil Books Velesto Jack-up Rig

Feb 02, 2023

Malaysian offshore drilling contractor Velesto Drilling has received a letter of award from Rock Oil for the provision of jack-up drilling services. The contract is for Velesto's jack-up drilling rig NAGA 2. The contract is worth $14 million…

Borr's Jack-up Rig "Ran" to Drill Two Offshore Wells in Latin America

Jan 20, 2023

Shallow water drilling contractor Borr Drilling said Friday its jack-up drilling rig 'Ran' had secured a Letter of Award from an unnamed client for work in Latin America.The award will cover drilling two offshore wells, with an estimated duration…

Caribbean Nation to Auction Up to 20 Offshore Gas Exploration Blocks

Jan 17, 2023

Trinidad and Tobago plans an auction this quarter of up to 20 offshore natural gas exploration blocks under new fiscal terms designed to increase the pool of potential bidders, people familiar with the matter said. The Caribbean nation has been…

One-year Extension for Shelf Drilling Jack-up Rig in Egypt

Jan 10, 2023

Jack-up rig specialist Shelf Drilling has won a one-year contract extension for the Trident 16 jack-up rig in Egypt.The contract will be in direct continuation of the rig's current term with Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez…

BW Energy Spuds First Hibiscus Production Well at Dussafu Block Offshore Gabon

Jan 09, 2023

Oil and gas company BW Energy has started drilling the first production well on the Hibiscus / Ruche Phase 1 development in the Dussafu Block offshore Gabon. The company said Monday that drilling operations had started in the first week of January…

ONGC Books Another Shelf Drilling Jack-up for Mumbai High Drilling

Jan 09, 2023

Offshore drilling rig owner Shelf Drilling has signed a three-year contract for the Trident II jack-up rig with the Indian national oil company ONGC.The contract covers the operation of the Trident II rig in the Mumbai High area, off the coast of India…

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