Offshore Drilling News - page 39


TGT Launches Flow Characterizing Accoustic Platform

Jun 21, 2023

TGT Diagnostics has launched its latest acoustic platform, ChorusX, a new diagnostic resource specifically designed to locate and characterise flow in oil and gas wells.The acoustic array platform enables energy companies to find and map fluid…

Transocean's Deepwater Titan Begins Inaugural Contract for Chevron

Jun 21, 2023

Offshore drilling contractor Transocean said its new eighth-generation drillship Deepwater Titan has started its inaugural contract with supermajor Chevron in the U.S. Gulf of Mexico.Built by Singapore's Sembcorp Marine and delivered to Transocean subsidiary Triton Titan GmBH in December 2022…

The Evolving FPSO Landscape – Healthy Demand, Changing Procurement

Jun 21, 2023

After a slowdown in activity during 2020/2021 due to soft commodity prices, demand for FPSOs is picking up.With exploration hotspots like Namibia’s Orange Basin and the East Mediterranean delivering new finds, the FPSO market outlook is healthy…

The Rise of the Mighty Middle Eastern Jackup Market

Jun 16, 2023

It’s hard to believe that once upon a time the Middle Eastern jackup segment comprised of less than 60 units when today marketed supply sits just shy of three times that amount (180 unitsIt’s hard to believe that once upon a time the Middle…

BW Energy: New Well Adds 6,000 Barrels Per Day at Offshore Field in Gabon

Jun 15, 2023

Oil and gas company BW Energy said Thursday that production had started from second well of the Hibiscus / Ruche Phase 1 development in the Dussafu licence offshore Gabon. 'Production performance from the well has been in line with expectations and is currently stabilized at approximately 6…

Indian Oil Firm Moves 36 Offshore Drilling Rigs Ahead of Monsoon Season

Jun 13, 2023

India’s Oil and Natural Gas Corporation (ONGC) has recently moved 36 offshore drilling rigs to new locations in advance of the monsoon season, with assistance from ABL.'ABL have assisted as tow master and marine warranty service (MWS) provider on the rig moves…

'Encouraging' Drilling Result Offshore Guyana as Frontera, CGX Wei Well Reaches Total Depth

Jun 13, 2023

Frontera Energy Corporation, in partnership with CGX Energy, said Tuesday it had reached total depth (TD) of 20,450' on the Wei-1 bypass exploration and appraisal well (Wei-1BP1), offshore Guyana.The original Wei-1 wellbore reached a depth of 19…

TotalEnergies Makes Oil and Gas Discovery Offshore Nigeria. Eyes Tie-back to Ofon Field Facilities

Jun 13, 2023

French oil major TotalEnergies on Tuesday announced the Ntokon oil and gas discovery on OML102 block offshore Nigeria. Located in shallow waters, 60 km off the southeast coast of Nigeria, the Ntokon-1AX discovery well encountered 38 meters of net oil pay and 15 meters of net gas pay…

Valeura Energy Wraps Nong Yao Field Infill Drilling Campaign, Moves Rig to Manora Field

Jun 13, 2023

Valeura Energy said Tuesday it had completed the Nong Yao field infill drilling campaign in Thailand and recent increases in oil production.Valeura has drilled two horizontal infill wells on its Nong Yao oil field at Licence G11/48 in Thailand…

Equinor's North Sea Wildcat Comes Up Dry

Jun 13, 2023

Norwegian oil and gas company Equinor has completed the drilling of wildcat well 31/2-24, drilled about three kilometers west of the Troll field in the North Sea, offshore Norway. The well came up dry, according to the Norwegian Petroleum Directorate…

MSC 107: MODU Code Revised to Improve Asbestos Safety

Jun 13, 2023

The IMO Maritime Safety Committee (MSC) held its 107th session from May 31 to June 9, 2023, and the meeting adopted revisions of the 1979, 1989 and 2009 MODU Codes to Prohibit Use of Materials Containing Asbestos.ABS reports that the Committee adopted Resolutions MSC…

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Jun 12, 2023

Some 913 workers on Norwegian offshore oil and gas drilling rigs and other installations will go on a strike unless a wage deal is found by a June 29 deadline, the Industri Energi labour union said in a statement on Monday. Strike action by…

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Jun 12, 2023

Active floating drilling rig utilization has rebounded from a low of 65% in 2018 to over 85% in 2023, energy intelligence group Wood Mackenzie said Monday, adding that the growth in demand and rates could even spur construction of new offshore rigs…

First Well Spudded in Danish Underground Consortium's North Sea Infill Campaign

Jun 12, 2023

Drilling operations have started on the HBA-27B well offshore Denmark, with the first of two wells successfully spudded by the jack-up rig Shelf Drilling Winner (ex-Noble Sam Turner).BlueNord (ex-Noreco) and its partners December 2022 reached…

Apache Suspends UK North Sea Drilling, Cuts Jobs Citing High Taxes

Jun 12, 2023

U.S. oil producer Apache Corp on Friday said it was suspending drilling in the North Sea and reducing its British workforce because high taxes have made the operation less competitive.The unit of APA Corp did not say how many workers would be cut as a result of the move…

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