Drilling News


Solstad Nabs More Work for Offshore Vessel Trio in Australia

Aug 11, 2020

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

Wellesley Gets Green Light to Drill Schweinsteiger Well

Aug 11, 2020

Wellesley Petroleum has received approval from the Norwegian Petroleum Directorate to drill an exploration well in the Norwegian Sea.The well 6204/11-3 will be drilled using the Borgland Dolphin semi-submersible drilling rig. The rig, owned by Dolphin Drilling…

Stena Carron Drillship Set to Begin Drilling at Kaieteur Block, Offshore Guyana

Aug 11, 2020

U.S. oil major ExxonMobil is set to begin drilling at the Kaieteur Block offshore Guyana, hoping to replicate successes made in the adjacent Stabroek block where it has made more than 16 discoveries.Westmount Energy, which indirectly owns a share in the Kaieteur Block…

Borr Drilling Names Schorn as CEO

Aug 10, 2020

Jack-up drilling rig specialist Borr Drilling announced Monday it has appointed former Schlumberger executive vice president Patrick Schorn as its new chief executive officer effective September 8.Schorn, who has been a director at Borr Drilling since January 2018…

Exxon Hires Noble Corp. Drillship on 6-month Term in Guyana

Aug 06, 2020

Offshore drilling contractor Noble Corporation has won a six-month contract for its Noble Sam Croft drillship with ExxonMobil in Guyana. Noble shared the news as part of its 2Q results presentation in which it posted a loss of $42 million.The drilling company…

Vantage Posts 2Q Loss. Cuts Workforce, Salaries

Aug 06, 2020

Offshore drilling contractor Vantage Drilling reported a net loss attributable to controlling interest of approximately $31.9 million for the second quarter of 2020.For comparison, Vantage Drilling's 2Q income last year was $590 million, however…

Somalia to Announce Winners of First Offshore Bidding Round in 2021

Aug 06, 2020

Somalia expects to announce the winners of its first oil and gas licensing round early next year, as the country seeks petrodollars to help rebuild its struggling economy, a senior government oil official said on Wednesday.Battered by violence…

Spirit Energy's North Sea Wildcat Comes Up Dry

Aug 05, 2020

Offshore oil and gas company Spirit Energy has drilled a dry well in the North Sea offshore Norway.The Norwegian Petroleum Directorate said Wednesday that Spirit Energy Norway, as the operator of production license 780, was in the process of…

Neptune Energy Halts Drilling Op in Norway After COVID-19 Cases on Seadrill Rig

Aug 04, 2020

Oil and gas company Neptune Energy has stopped a drilling operation in the Norwegian Sea after COVID-19 cases identified aboard the offshore drilling rig West Phoenix.The Seadrill West Phonix semi-submersible drilling rig is currently on assignment for Neptune in the Norwegian Sea…

ST Engineering Upgrades Diamond Offshore Drillship

Aug 04, 2020

ST Engineering Halter Marine and Offshore has installed a 215 mt NOV passive heave compensator on Diamond Offshore’s Ocean BlackLion drillship and upgraded its Ballast Water Treatment System.The Ocean BlackLion drillship arrived in ST Engineering…

Pharos Energy Secures Two-Year License Extension at TGT Field

Aug 04, 2020

Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam.The company said Tuesday the license had been formally granted to the Joint…

Neptune says Makes Largest Oil Discovery in Norway this Year

Aug 04, 2020

Neptune Energy has said it has made the largest oil discovery in Norway so far this year at its Dugong well in the North Sea.After announcing preliminary results in July, the company on Tuesday confirmed the commercial discovery of oil at the Dugong well (PL882)…

BP Charters Solstad Offshore Vessel Trio for Ironbark Drilling Support

Aug 03, 2020

BP has chartered Solstad Offshore's three offshore support vessels to support its Ironbark drilling campaign in Australia.Norway's based offshore vessel owner Solstad Offshore said Monday that BP had awarded contracts for two anchor handling tug and supply vessels Normand Saracen and Far Senator…

Borr Drilling Wins Rig Work. Says Worst is Over for Jack-up Market

Aug 03, 2020

Jack-up drilling rig owner Borr Drilling has signed agreements that should secure work for three of its drilling rigs. The Oslo-listed company said Monday it had entered into a contract and LOIs for three of its currently warm stacked rigs, adding USD 21 million to the total backlog…

Indonesia to Offer More Flexibility to Oil and Gas Explorers

Aug 03, 2020

Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration.The revisions, which came into effect on July 16, allow…

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