Drilling News


M&A: UK CMA Accepts Noble, Maersk Drilling Plan to Sell 5 Rigs to Alleviate Competition Concerns

Sep 01, 2022

The UK Competition and Markets Authority (CMA) has accepted Noble Corp. and Maersk Drilling's plan to sell certain rigs operating in the North Sea in order to alleviate competition concerns arising from the two drillers' planned merger.The two…

ADES to Buy 7 Jack-up Rigs from Seadrill

Sep 01, 2022

Offshore drilling firm Seadrill has signed a deal to sell seven jack-up drilling rigs in Saudi Arabia to ADES.Upon completion of the sale the rigs AOD I, AOD II, AOD III, West Callisto, West Ariel, West Cressida, and West Leda will be owned by ADES…

Philippines Open to New Oil Exploration Talks with China

Aug 31, 2022

The Philippines is open to new talks with China on oil and gas exploration, the Southeast Asian country's foreign minister said on Wednesday.A deal with China or any other country on joint oil and gas exploration, however, should comply with Philippine laws…

Archer Bags $200M Drill Pipe Pool Services Contract

Aug 31, 2022

Oilfield services firm Archer said Wednesday it had secured a Drill Pipe Pool Services contract in Norway worth NOK 2 billion (around $200 million).Services to be delivered under the contract, with an undisclosed client, include management, handling…

ADNOC Awards $1.83B Drilling-related Services Deals

Aug 31, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of five framework agreements valued at $1.83 billion (AED6.72 billion) for Directional Drilling and Logging While Drilling (LWD).According to ADNOC, the deals are the largest…

Kongsberg Digital Launches App to Provide Drillers with Up-to-date Well Insights

Aug 29, 2022

Kongsberg Digital, a provider of industrial software and digital solutions, has launched the SiteCom Trip Risk application to provide up-to-date well insights for drillers.According to Kongsberg Digital, the interactive application provides users with the latest information for navigating wellbores…

Norway's Aker BP to Drill Wells in Arctic Barents Sea, CEO Says

Aug 29, 2022

Aker BP plans to drill up to 15 exploration wells next year, including in the Arctic Barents Sea, Aker BP Chief Executive Karl Johnny Hersvik said on Monday.'Our plan is to drill somewhere in the range of 12-15 wells and I'm assuming we will have the same level going forward…

Additional Oil & Gas Exploration Warranted, Elon Musk Says

Aug 29, 2022

The world must continue to extract oil and gas in order to sustain civilization, while also developing sustainable sources of energy, Tesla founder Elon Musk told reporters at a conference in Norway on Monday.'Realistically, I think we need to use oil and gas in the short term…

Aker BP Drills Dry Well in Norwegian Sea

Aug 29, 2022

Norwegian oil and gas company Aker BP ASA has drilled a dry well in the production licence 941 in the Norwegian sea, the Norwegian Petroleum Directorate has informedThe exploration well 6507/3-16 was drilled about 12 km northeast of the Skarv…

G. W. Lisk Company Launches New Certified Flame Arrestor Series

Aug 28, 2022

G.W. Lisk Company recently announced the launch of their ATEX, IECEx and UL/ULC certified in line deflagration flame arrestor series. The series is designed for use in Class 1: Div 1 (Zone 0,1), Div 2 (Zone 2) oil and gas installation up to 4”…

NSNR Taps Shearwater for Devil’s Hole Horst Prospect Survey

Aug 26, 2022

Marine seismic survey contractor Shearwater GeoServices has won a contract for a 3D survey of the Devil’s Hole Horst prospect in the UK North Sea by North Sea Natural Resources (“NSNR”).The towed streamer survey covers approximately 1,586 sq km and will be carried out by the SW Bly vessel…

Australia: Santos Limits Barossa Gas Drilling Pending Court Decision

Aug 26, 2022

Santos Ltd has agreed to pause some drilling on the Barossa gas project in waters off northern Australia pending a court decision on a challenge by a group of Indigenous land owners seeking to stop the $3.5 billion project.Hearings on the case concluded on Friday at the Federal Court in Darwin…

Neptune Energy Finds Oil at Ofelia Well Near Gjøa Platform

Aug 26, 2022

Oil and gas company Neptune Energy said Friday it had made a new commercial discovery at the Ofelia exploration well, near the Gjøa field in the Norwegian part of the North Sea. The plan is to develop the discovery as a tie-back to the Gjøa platform…

Shell Namibia Books Semi-submersible Drilling Rig

Aug 25, 2022

Oil major Shell has booked a semi-submersible drilling rig for its operations in Namibia, where it recently struck a major offshore oil discovery.Offshore rig owner Northern Ocean said Thursday that Shell Upstream Namibia B.V., a subsidiary of Shell…

ADNOC Drilling Buys Another Jack-up Rig, Expanding Fleet to 28 Units

Aug 25, 2022

Abu Dhabi-based ADNOC Drilling said Wednesday it had agreed to acquire a premium offshore jack-up drilling rig.The company said it had signed a sale and purchase agreement (“SPA”) with an unnamed counterpart to acquire an additional premium offshore jack-up drilling unit for $70 million…

Current News

Key Strategies to Strengthen Maritime Cyber Security

Angola Outlines Plans for Multi-Year Oil and Gas License Rounds from 2026

Beating the Heat: R.W. Fernstrum & Company Turns 75

Vårgrønn Enters German Offshore Wind Market with Baltic 2 Acquisition

Subscribe for OE Digital E‑News