West Vela News

 

Seadrill’s Drillships Getting Ready to Start Work Off Brazil

Nov 21, 2024

Offshore drilling contractor Seadrill has welcomed West Auriga and West Polaris drillships back to its fleet, which are now entering final preparations ahead of their assignments for Petrobras offshore Brazil.West Polaris and West Auriga are sixth and seventh generation ultra-deepwater drillships, respectively, both built by Samsung in South Korea.The drillships are currently completing the client acceptance process in Brazil…

Talos Energy Readies for New CEO

Feb 26, 2025

Talos Energy has announced its fourth quarter and year-end 2024 financial results, reporting a net loss of $64.5 million for the quarter and $76.4 million for the year.Production for the year was 92.6 MBoe/d (71% oil, 80% liquids).Talos Interim CEO…

Fewer Operating Days Sees Seadrill’s Quarterly Revenue Drop

Feb 26, 2025

Seadrill has announced its fourth quarter and full year 2024 results, highlighting a net income of $446 million and Adjusted EBITDA of $378 million in 2024.However, fourth quarter 2024 operating revenues totaled $289 million, compared to $354 million in the prior quarter…

Seadrill Sells West Prospero Jack-Up Rig

Dec 30, 2024

Offshore drilling contractor Seadrill has completed the sale of the jack-up rig West Prospero for $45 million.The West Prospero is an independent leg cantilever jack-up with operational history in Northeast Africa and Southeast Asia.Built in 2007…

Woodside’s North West Shelf Project Gets Australian Gov’s Approval

Dec 12, 2024

The Western Australian Government has issued an environmental approval to Woodside and the North West Shelf joint venture for extension of the project.After six years of assessment and appeals, this is a critical step in the approvals process…

Beach Energy Delivers First Gas from Thylacine West to Otway Gas Plant

Oct 25, 2024

Australian oil and gas company Beach Energy has delivered first gas from the Thylacine West 1 and 2 development wells following successful connection to the Otway Gas Plant in Victoria.The Thylacine West development wells are located approximately…

Anasuria Hibiscus taps Ocean Installer for 'Sizeable' Subsea Tie-Back Project

Aug 26, 2024

Ocean Installer won 'a sizeable' project from Anasuria Hibiscus UK Limited as part of a new frame agreement for offshore construction. The Teal West Development comprises a subsea tie-back to the Anasuria FPSO. The scope of work on Teal West includes installation of manifold…

Talos to Drill Three High-Impact Wells in Gulf of Mexico with West Vela Drillship

Aug 12, 2024

U.S. oil and gas company Talos Energy has set out plans to drill three consecutive high-impact subsalt wells in the Gulf of Mexico, using Seadrill’s West Vela drillship.In an operations update, Talos Energy said it expects to take possession…

Esgian Week 32 Report: Second Round of Saudi Jackup Suspensions

Aug 11, 2024

Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…

Moray West Exports First Power as it Remains On Track for Full Commissioning

Jul 05, 2024

Moray West offshore wind farm, an 882 MW project currently under construction, has delivered first power from the first series of wind turbines already installed offshore Scotland.The power has been exported to the National Electricity Transmission System (NETS)…

Installation of Hollandse Kust (west Beta) Export Cables in Full Swing

Jun 21, 2024

Boskalis’ cable-laying barge Giant 7 has started the installation of the second and final nearshore export cable for the 700 MW offshore wind farm Hollandse Kust (west Beta), being built offshore the Netherlands.The works on the second cable follow the successful installation of the first…

Diamond Offshore Shuts Gulf of Mexico Oil Rig

Jun 17, 2024

Oilfield services company Diamond Offshore Drilling this month said it would permanently shut its West Vela rig, which had operated in the U.S. Gulf of Mexico, resulting in 190 job losses, according to a regulatory filing.The job cuts will be effective Aug…

Diamond Offshore Agrees Marketing Rights for Three Drillships

May 09, 2024

U.S.-based offshore drilling company Diamond Offshore has secured the marketing rights for three seventh generation drillships - West Dorado, West Draco and West Libra, which will be renamed Tidal Action.Diamond Offshore entered into an agreement with Eldorado Drilling…

Hollandse Kust West Beta Export Cables to Come Ashore Next Week

May 08, 2024

The first export cable for the Hollandse Kust West Beta offshore wind farm will come ashore next week as the work progresses to connect the 700 MW project to the Dutch grid.According to an update from transmission system operator TenneT, several…

Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates

Mar 03, 2024

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana…

Current News

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Aker Solutions, PTAS JV Hooks Brownfield Services Extension off Brunei

Aker Solutions, PTAS JV Hooks

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