Drilling News


Petrobras, Shell to Look for Joint Offshore Drilling Opportunities

Mar 10, 2023

Brazilian state-run company Petrobras and international oil major Shell will work together to identify potential opportunities to explore for and produce crude and natural gas, Petrobras said on Thursday. Under a memorandum of understanding signed by the companies…

'Strong Dayrate' for Dolphin Drilling's Rig in Nigeria

Mar 09, 2023

Offshore drilling firm Dolphin Drilling said Thursday it had secured a new contract for Blackford Dolphin with Peak Petroleum in Nigeria.The contract with Peak Petroleum will extend the rig's stay in Nigeria and is in direct continuation of…

Shelf Drilling Wins $118M Rig Contract Offshore Nigeria

Mar 09, 2023

Oslo-listed jack-up drilling rig leasing firm Shelf Drilling said Wednesday that it had secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.The contract value for the firm period, including mobilization revenue, is approximately $118 million…

Exxon-led Consortium Ready to Relinquish 20% of Guyana Offshore Oil Block, Hess CEO Says

Mar 09, 2023

Hess Corp indicated the consortium that controls Guyana's oil production, of which it is a member, is prepared to relinquish 20% of the Stabroek oil block, but not any areas where it now produces or intends to produce oil in the future. An Exxon Mobil-led consortium controls the 6…

US Needs Until Year-end to Complete Offshore Drilling Plan

Mar 08, 2023

The Biden administration needs until the end of this year to finalize a long-awaited five-year plan for offshore oil and gas development in federal waters, according to court documents filed this week.The U.S. has been without a congressionally…

Seadrill's Ultra-deepwater Drillship to Remain Busy in U.S. Gulf of Mexico

Mar 08, 2023

Offshore drilling contractor Seadrill said Tuesday it had secured a contract extension for its West Neptune drillship.The extension, about six months long, is with the U.S. Gulf of Mexico-focused oil company LLOG Exploration Offshore.The contract extension for the 228-meter-long…

Reelwell to Provide Equinor with DualLink Powered and Wired Drill Pipe in $10M Deal

Mar 07, 2023

Offshore well construction and production technology company Reelwell has signed a five-year frame agreement with the Norwegian oil firm Equinor to provide DualLink Powered and Wired drill pipe, ahead of installing and operating the system at Equinor's Oseberg field…

Caspian Sunrise Wins Work for Shallow Water Drilling Vessel

Mar 07, 2023

Kazakhstan-focused oil and gas company Caspian Sunrise has won a contract for its offshore drilling vessel, Caspian Explorer.The company, which bought the shallow-water drilling vessel back in 2020, said Tuesday the vessel would drill a well…

Norway: Equinor, Partners to Relinquish Offshore Block Containing Oil Find. Longboat to Reapply for the Acreage

Mar 06, 2023

Oil and gas companies Equinor, PGNiG, and Longboat Energy have relinquished the license in Norway containing the Egyptian Vulture offshore oil discovery, but Longboat plans to re-apply for the acreage as it believes the discovery has high potential…

Valaris Bags Three Offshore Drilling Contracts Including $500M Deal for Stacked Drillship

Mar 06, 2023

Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig.  One of the drillships in question is the Valaris DS-8,  which secured a three-year, $500 million contract with Petrobras in Brazil…

ONGC, TotalEnergies Sign Deepwater Exploration Deal

Mar 06, 2023

India's top explorer, Oil and Natural Gas Corp has signed a memorandum of understanding with French major TotalEnergies for exploration of deep-water blocks, the company tweeted on Monday.India, the world's third biggest oil importer and consumer…

IOG Spuds Blythe H2 Well in UK North Sea

Mar 06, 2023

Oil and gas company IOG said Monday it had spudded the Blythe H2 well in the UK North Sea at 3.20 a.m. on Sunday 5th March.The well is being drilled by the Noble Hans Deul jack-up drilling rig (to be renamed the Shelf Perseverance) under IOG's contract with Shelf Drilling (UK) Ltd signed in 2020…

Shell Strikes Oil Again in Namibia with Jonker-1X Deepwater Exploration Well

Mar 06, 2023

After discovering oil and the Graff-1 well in Namibia in 2022, Shell has now made another offshore oil discovery in the country's deep waters.This time, Shell made a discovery at the Jonker-1X deep-water exploration well, QatarEnergy and Namcor…

Shell, Chevron, and Petrobras Eye Guyana Offshore Oil Auction Bids -Sources

Mar 06, 2023

Guyana's coming auction of offshore oil exploration blocks has lured at least 10 companies including Shell, Petrobras, and Chevron, to consider the decade's hottest oil region, people close to the matter said.The South American country is offering 14 offshore blocks…

Woodside Eyes 56% Stake in Namibian Offshore Block

Mar 02, 2023

The Australian oil and gas company Woodside Energy has entered into an agreement for an option to acquire a 56% Participating Interest in Petroleum Exploration License 87 (“PEL 87”) offshore Namibia.This is according to the Canadian company Sintana…

Current News

OE’s 2024 Top of the Festive Video Pops

Offshore Drilling 2025: 3 Things to Watch During a Year of Market Corrections

Chevon’s Sanha Lean Gas Connection Project Achieves First Gas off Angola

BP and Partners Secure Rights for 450MW Offshore Wind Farm in Japan

Subscribe for OE Digital E‑News