Norway's Equinor said it intends to ramp up its use of wired drill pipe to acquire subsurface real-time data during drilling operations as it prepares for automated drilling.U.S. based firms NOV and Schlumberger have been awarded corporate frame…
EnVen Energy Corporation announced that it spud its King Crab well on Ewing Bank Block 873 in its Lobster field in the Gulf of Mexico. The King Crab well targets an oil-focused reservoir approximately 14,000 feet subsea with seismic amplitudes…
U.S. based drilling contractor Rowan Companies announced Monday that ExxonMobil has exercised the first two options for the drillship Rowan Relentless. The options will be used for operations in the U.S. Gulf of Mexico and have an expected duration of 30 days each…
Rig company Northern Drilling has appointed Scott McReaken as chief executive officer (CEO).The John Fredriksen-controlled company said in a press release that McReaken will succeed Gunnar Winther Eliassen who will continue to support the company through Seatankers Consultancy Services…
Transocean, international provider of offshore contract drilling services for oil and gas wells, has announced that its shareholders approved the acquisition of Ocean Rig UDW, by approving the proposals presented at Transocean’s Extraordinary General Meeting…
ABS awarded GE Service Provider recognition for GE’s Marine Solutions’ SeaStream Insight—a data analytics-informed solution that provides health and performance monitoring of rig equipment via a digital twin—enabling condition-based maintenance on ABS classed rigs…
The wheels of discovering and exploiting hydrocarbon resources offshore the Union of the Comoros, off Africa's east coast, may have been moving albeit slowly since 2008 when the government first invited bids for exploration of oil and gas in the Indian Ocean's volcanic archipelago…
Norwegian offshore drilling rig firm Seadrill Ltd sees the contracting rigs market improving from 2019-20, as it reported its first quarterly results on Tuesday since emerging from Chapter 11 bankruptcy in July.The company, controlled by Norwegian-born billionaire John Fredriksen…
Rolls-Royce said it has signed agreements for the supply of mooring equipment to drilling rigs under construction at Singapore’s KeppelFELS yard and China Merchants Heavy Industry’s facility in Jiangsu, China.The 12-point mooring system Rolls…
Colombian state-run oil company Ecopetrol said on Tuesday it will invest between $3.5 billion and $4 billion in 2019, slightly above this year as it bolsters spending on exploration and production projects.The investment is the backbone of an…
The next year will be another challenging time for offshore drillers due to continuing supply overhang even though prices are starting to improve, the chief executive of rig firm Seadrill told Reuters on Tuesday.The Oslo- and New York-listed company…
Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC) has entered into a drilling contract with Premier Oil for the provision of the Hakuryu-11 jack-up drilling rig.JDC announced in a press release that that its subsidiary company 'P…
The Canadian Association of Oilwell Drilling Contractors (CAODC) said that the Canadian oil and gas industry is simply too dysfunctional to anticipate any kind of quick recovery.As a result, Canadian service companies are exploring any and all options to generate positive cash flows…
United Kingdom Ambassador to Greece Ms. Katherine Smith visited Energean offshore drilling facilities at Prinos.The Delegation of the British Embassy toured by boat the Prinos Oil Field Platforms and “Energean Force”, the Energean owned drilling rig…
Norwegian multinational energy company Equinor ASA has exercised two options of two months each for jack-up rig Maersk Intrepid, said Danish offshore driller Maersk Drilling.As a result, the rig is now contracted to Equinor until the end of February 2020…