Transocean BarentsDana Petroleum has started drilling a new prospect in the Norwegian Sea in partnership with the operator Maersk Oil Norway.The drilling rig Transocean Barents has started operations on the Albert prospect in production license PL 513 in the Haltenbanken area…
Keppel Fels JackupKeppel FELS delivers new jackup to Oro Negro Keppel FELS has delivered Primus, a KFELS B Class jackup rig, to offshore Mexican oil field services company, Integradora de Servicios Petroleros Oro Negro, seven days early and with a perfect safety record…
Four Friede & Goldman L-780-Mod II jack-ups were sold to Shelf Drilling by TransoceanShelf closes $1.05 B jack-up rigs acquisitionTransocean has completed the sale of 38 shallow water rigs to newcomer Shelf Drilling for $1.05 billion, the company announced on 30 November 2012…
Noble Regina Allen Illustration89 workers hurt after newbuild jack-up lists 89 workers were hospitalized following an accident at Jurong Shipyard in Singapore on 3 December 2012.The workers were onboard the Noble Regina Allen jack-up rig…
Petrobras cancels rig contract with Ocean Rig Petrobras has cancelled a leasing contract with Ocean Rig, the Brasilian NOC announced on 29 November 2012.Petrobras had announced in February that it planned to lease five drilling rigs…
‘BW Offshore's Yùum K'ak' Náab FPSO has been producing Pemex' KMZ field in the Mexican sector of the Gulf of Mexico since 2007. BW is also supplying the first FPSO for the US sector of the Gulf of Mexico. The BW Pioneer is moored at Petrobras'…
Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has receive a letter of intent for the provision of the accommodation semi-submersible Borgholm Dolphin for a twelve month period commencing 1 June 2013 supporting operations in the UK sector…
Utilization for the worldwide mobile offshore drilling fleet remains at a steady 77%. Overall utilization in the Australia/New Zealand market stands at 100% as every rig in the region is contracted.Demand in the Australia/New Zealand…
Rising day rates and demand for drilling in deepwater environments are helping the offshore drilling sector recover from not just the global economic gloom of recent years but also the post-Macondo drilling moratorium in the US. According to…
Inside PazflorBelgian firm VRcontext International was recently contracted by Total E&P Angola to deliver a 3D immersive training simulator (ITS) for the Pazflor FPSO, to be anchored on one of Total’s largest offshore producing assets.The company’s…
Getting the drilling facilities design process right not only ensures the operator gets the ideal rig for the job but also increases HSE and operational efficiencies and cuts rig construction and commissioning costs. Andy Kay and Rodrigo Rendon discuss the RDS approach…
Utilization for the worldwide mobile offshore drilling fleet continues to hold steady at 77% – almost five points higher than this time last year. The trailing twelve-month utilization average is at 75%. Floater utilization in the Gulf of Mexico…
Prosafe Rigs has entered into an agreement to sell the accommodation jackup Safe Esbjerg to an unspecified Southeast Asian buyer in a $55 million transaction.
The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently…
High demand for goods and services helped push up building and operating costs for upstream oil & gas facilities over the six-month period covering 3Q 2011 to 1Q 2012, according to two IHS cost indexes. The IHS Upstream Capital Cost index rose 2…