Drilling News


OMV Spuds Eirik Well in North Sea Offshore Norway

Feb 03, 2023

Austrian company OMV said Friday that drilling of the Eirik exploration well in the Norwegian section of the North Sea had begun.As the owner of the production license (PL) 817 where the well is located, OMV is using the semi-submersible drilling rig Deepsea Yantai…

Roc Oil Books Velesto Jack-up Rig

Feb 02, 2023

Malaysian offshore drilling contractor Velesto Drilling has received a letter of award from Rock Oil for the provision of jack-up drilling services. The contract is for Velesto's jack-up drilling rig NAGA 2. The contract is worth $14 million…

Transocean's Backlog Boosted by $392M Ultra-deepwater Drillship Deal

Feb 01, 2023

Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…

Neptune Energy Brings Online 10th Well at Cygnus Offshore Field

Feb 01, 2023

Oil and gas company Neptune Energy and its partner, Spirit Energy, said Wednesday that production had started from the tenth well at the Cygnus gas field in the southern North Sea, offshore the UK.Neptune said that the start-up of the well unlocked additional supplies for UK homes and businesses…

Offshore Drilling Rig Completes Recertification, Ready for Nigeria Contract

Jan 30, 2023

Offshore drilling firm Dolphin Drilling said Monday that its offshore drilling rig Blackford Dolphin had completed a five-year recertification and 'is soon ready' to start its 12-month drilling contract with General Hydrocarbons Limited.The…

Oil and Gas Ops Get a Digital Upgrade with Baker Hughes, Corva Partnership

Jan 30, 2023

Energy industry technology firm Baker Hughes has partnered up with Houston-based cloud-based well construction digital solution provider Corva, 'to bolster oil and gas customers’ rig visualization and drive enhanced decision making across the well lifecycle…

TotalEnergies, Partners to Start Drilling Offshore Lebanon in Q3 2022

Jan 29, 2023

TotalEnergies is keen to start work on Lebanon's offshore Block 9 'as soon as possible', with assessments to begin early next month and well-drilling to launch in the third quarter of 2023, its CEO Patrick Pouyanne said on Sunday.Pouyanne was…

BP Spuds Exploration Well in Caspian Sea

Jan 27, 2023

Oil major BP, as the operator of the consortium behind the Azeri Shah Deniz field, has started drilling a new exploration well (SDX-8) in the contract area, in the Caspian Sea, offshore Azerbaijan.The company is using the Heydar Aliyev semi-submersible drilling rig…

Ocyan to Operate PRIO's Offshore Drilling Rig

Jan 27, 2023

Brazilian offshore drilling company Ocyan said Friday it had signed a contract to operate oil company PRIO's West Capricorn semi-submersible drilling rig.PRIO (Petro Rio) bought the offshore drilling rig from the offshore drilling firm Aquadrill in June 2022…

QatarEnergy to Join TotalEnergies, Eni in Lebanon Offshore Exploration

Jan 27, 2023

QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday.The announcement said agreements would be signed on Sunday…

Busy Year Ahead for Offshore Drilling Rigs: Global Marketed Utilization to Average 95%, Dayrates Grow

Jan 26, 2023

Rig activity stood out in several regions in 2022, and there is no reason to expect anything different in 2023, Westwood Energy's Terry Childs writes.In 2022, offshore rig activity for both jack-ups and floating rigs was robust in several key regions of the world…

Hess Tops Wall St Profit Forecasts, Discovers More Oil Offshore Guyana

Jan 25, 2023

Energy producer Hess Corp. on Wednesday beat Wall Street estimates for fourth-quarter profit on higher crude prices, and said it had found more oil offshore Guyana.Western sanctions against major energy producer Russia and the decision of producer…

Ex-Transocean, Maersk Drilling Director Joins Seadrill Board

Jan 25, 2023

Offshore drilling firm Seadrill has appointed Ana Zambelli as a new board director.Zambelli has more than 20 years of experience in the energy services sector in operational, commercial and finance roles. She served as Chief Commercial Officer at Maersk Drilling…

Hess Expects Higher 2023 Spending with Focus on Guyana, Bakken

Jan 24, 2023

U.S. oil and gas producer Hess Corp on Tuesday forecast higher Exploration & Production (E&P) capital and exploratory budget of $3.7 billion for 2023, of which more than 80% would be allocated to Guyana and North Dakota's Bakken shale field…

Atlantica Shipping Adds Fourth PSV to Fleet

Jan 24, 2023

Oslo-based offshore vessel owner Atlantica Shipping has taken delivery of its fourth platform supply vessel.The company said in a social media post that it had expanded its fleet with the 2005 built UT 755L Atlantica Server.The vessel, previously…

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