Hokchi Energy, a subsidiary of Argentina's Pan American Energy, has chartered the recently delivered jack-up rig Cantarell III from Grupo R for operations offshore Mexico.As reported previously the Cantarell III jack-up drilling unit arrived…
Oslo-listed drilling company Awilco Drilling has signed a Letter of Intent with an unnamed operator for the provision of its WilPhoenix drilling rig.Awilco said Thursday that the contract would be in support of a three well Plug & Abandonment program…
The proposed merger between Prosafe and Floatel, two of the largest offshore accommodation providers, has hit a stumbling block in the UK after an in-depth review by the competition authority said the deal 'raises competition concerns.'The two…
Offshore drilling rig contractor Borr Drilling has reportedly secured more work for its Mist jack-up rig.According to Norwegian media, the Borr has secured an eight-month contract for the Keppel-built offshore drilling unit.Finansavisen recently reported that Svend Anton Maier…
Kosmos Energy has completed drilling the Oldfield exploration well in the U.S. Gulf of Mexico, and the well failed to find oil.Oldfield was designed to test a sub-salt Miocene prospect located in Mississippi Canyon, targeting approximately 10 mmboe net to Kosmos which owns 40 percent in the block…
Mexican E&P company Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020.The Mexico’s energy services provider said in a press note that after a 45-day trip from Singapore…
Byron Energy is set to begin drilling at its SM71 F4 well in the Gulf of Mexico, following a recent delay caused by bad weather.Byron said Tuesday that the Enterprise Offshore Drilling 264 jack-up rig arrived on location to drill the SM71 F4 well from Byron's F Platform…
Karoon Energy has started drilling at its 256 million barrel prospect Marina-1 offshore Peru using the Stena Forth drillship.Karoon said Monday that the drilling operation at the Block Z‐38 in Peru's Tumbes Basin would take 30 days. Tullow, Karoon's partner in the project…
Qatar Petroleum has chartered the Energy Embracer jack-up drilling rig from Northern Offshore.The Energy Embracer was delivered from the Shanghai Waigaoqiao Shipyard in China to Northern Offshore in December 2018 and has since been warm stacked…
Offshore drilling company Valaris has agreed to appoint Adam Weitzman to its Board. Weitzman is a partner at hedge fund Luminus which owns 18.7% of the outstanding shares of Valaris.Weitzman, as part of Luminus, has over the past year criticized Valaris (formerly known as EnscoRowan)…
The U.S. weekly offshore rig count rose by one unit last week, Baker Hughes' weekly rig count report released on Friday showed.According to the report, there were 21 offshore drilling rigs active in the U.S. during the week, up from 20 during the previous week…
Offshore drilling company Seadrill has hired Semco Maritime to prepare the newbuild West Bollsta drilling rig for the Norwegian Continental Shelf.The recently delivered drilling unit, currently at anchor near Tenerife, is soon to set sail for Semco Maritime's yard at Hanøytangen outside Bergen…
Singapore's Keppel Corp. Offshore & Marine division posted a profit for the full year 2019 citing cost cuts and lower impairment costs.For the full year, Keppel O&M posted a net profit of S$10 million, a significant increase compared to a loss of S$109 in 2018…
The Norwegian offshore safety regulators have found irregularities aboard the recently delivered West Bollsta offshore rig.The rig is owned by Northern Drilling's spin-off Northern Ocean, and managed by Seadrill. The regulator, PSA Norway, carried out an audit late in November 2019…
Oil and gas exploration firm Edison has reportedly started drilling operations at its North Thekah concession offshore Egypt.According to what appears to be Edison's press release circulated online, Edison started drilling on January 18, 2020 in the Mediterranean Sea block…