North Atlantic Drilling Ltd. (NADL) and Jurong Shipyard have agreed to form a joint asset holding company for joint ownership of the West Rigel semisubmersible drilling rig, with has seen several delivery delays. Should no employment…
DeepOcean has acquired French company Searov Offshore and has expanded its presence in West Africa. Searov, established in 2008, is an ROV service provider with a strong focus on West Africa. The company owns and operates ten remote…
Seadrill is to sell three jackup rigs, the West Triton, West Resolute and West Mischief, to Shelf Drilling for US$225 million. The West Triton and West Resolute are scheduled to be delivered to Shelf Drilling by the end of May 2017 and the West Mischief during 3Q 2017…
Seadrill reached a US$170 million settlement agreement with Hyundai Samho Heavy Industries (HSHI) in relation to the West Mira arbitration. Seadrill said it receive a cash payment of $170 million this month as full settlement of the dispute…
Seadrill has secured a one-well contract with Total E&P Cyprus B.V. for the West Capella, offshore Cyprus. The contract is expected to start in 2H 2017 and backlog, estimated at 50 days, is expected to be approximately US$10 million. The…
North Atlantic Drilling (NADL) has been awarded a firm one-well extension plus one optional well from Statoil for the jackup West Elara. The work will start in direct continuation of West Elara's existing contract with Statoil and the…
North Atlantic Drilling has been awarded a one-well contract for the semi-submersible West Phoenix for work in the UK, West of Shetland. The contract is in direct continuation with the West Phoenix' existing contract and the total backlog is estimated to be $17 million…
North Atlantic Drilling (NADL) was awarded a 90-day contract from Total E&P UK Ltd. for the West Phoenix semisubmersible to work in the United Kingdom, West of Shetland. The total backlog for the contract is estimated at US$17 million…
GC Rieber, a specialist ship owner, operator and manager, has signed a fleet-wide agreement with NAVTOR for a total vessel navigation solution, spanning both paper and digital deliveries. NAVTOR, a provider of e-navigation technology and services…
Norway's Statoil has issues an early notice of cancellation to North Atlantic Drilling on the West Epsilon harsh environment jackup. The West Epsilon was originally contracted for drilling services in Norway until the end of December…
The Baltim South West field offshore Egypt has the potential to hold 1 Tcf of gas in place, according to Eni. Image from Eni. The Italian giant, along with 50:50 partner BP, upgraded…
FMC Technologies has won a second award for its new subsea multiphase boosting system, this time with Italian giant Eni for its Block 15/06 West Hub Development, off the coast of Angola. The N'Goma…
Seadrill Partners has reached an agreement with BP to keep the West Capricorn on an extended standby rate of US$316,000/d with expected recommencement of work in late 2017 at the full operating rate of $526,000/d. The unit had been down…
The Petroleum Safety Authority (PSA) Norway has given Statoil consent to use the West Epsilon jackup drilling facility for permanent plugging of wells at Huldra 30/2-A, in production license 051. Statoil has allocated 215 days for the activity…
Italy’s Eni commenced production from the Mpungi field offshore Angola that will bring production ramp up in the West Hub Development Project to about 100,000 boe/d this quarter. N’Goma FPSO. Image from SBM Offshore…