SolstadFarstad has secured a contract with Cooper Energy to support drilling operations within the Bass Strait region of Australia. The contract consists of the Far Statesman and Far Senator towing the Ocean Monarch from the North West Shelf of Australia to the Bass Strait…
GE Marine and Maersk Drilling are extending the scope of their digital partnership, following the success of their SeaStream Insight pilot project that was launched in November 2016. The collaboration brings the next big step in innovative…
SA Power Networks has awarded Fugro a contract to install a subsea power cable in South Australia. REM Etive. Image from Fugro. The new 20,000 kVA/33,000 volt cable will replace the existing 10…
Total has hired Noble Corp.'s Noble Globetrotter II to drill one well offshore Bulgaria, beginning in September. Noble Globetrotter II. Image from Noble. The contract is estimated…
Aker BP is preparing to submit plans for development and operation (PDO) for three of its projects by the end of 2017, and for the North of Alvheim and Askja-Krafla (NOAKA) project in 2018. Valhall Flank West…
Newcomer Borr Drilling has landed its first deal with a supermajor. Borr and its Nigerian partner company Valiant Energy Services West received a letter of commitment from Total E&P Nigeria for the Frigg jackup. The deal is for a firm one-year period with a possible extension…
Shell is buying the deepest floating production unit in the world, the Turritella floating production storage and offloading (FPSO) unit in a US$1 billion cash deal that will allow the supermajor to assume operatorship of the entire Stones development in the deepwater Gulf of Mexico…
Ensco has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional years of options. ENSCO DS-4 is expected to start a two-year contract with Chevron offshore Nigeria in August 2017…
Sparrows Group has been awarded a 3.5 year extension to its inspection services contract for Stena Drilling’s global fleet of drilling vessels. The contract scope includes carrying out LOLER lifting gear surveys, potential dropped objects surveys…
Statoil has awarded Apply Leirvik a US$48 million (NOK 400 million) contract for the delivery of the living quarters module for the Peregrino II Platform in the Campos Basin offshore Brazil. Illustration of Peregrino II…
Singaporean shipbuilder Jurong Shipyard has further extended its standstill agreement with North Atlantic Drilling Ltd. (NADL), which will delay the delivery of the West Rigel semisubmersible drilling rig for the fifth time. The Sembcorp…
As oil continues to sell below US$50/bbl, 2017 could be one of the toughest years in decades for offshore supply vessel (OSV) companies, according to a study of 44 companies in the industry by AlixPartners. The firm’s analysis highlights these companies’ rising debt burdens…
OMV (Norge) AS has received consent from Norway’s Petroleum Safety Authority (PSA) to drill an exploration well in block 7324/8 in the Barents Sea. Island Innovator. Image from Island Drilling…
Statoil has awarded Ocean Installer a contract for subsea installations and tie-in operations on Johan Sverdrup, Utgard, and Bauge. Normand Vision. Image from Ocean Installer. The…
Sevan Drilling has amended the delivery deferral period for the Sevan Developer cylindrical drilling rig until 30 June 2020, effective upon receipt of US$25.3 million plus interest from Cosco (Qidong) Offshore Co. Ltd. (Cosco). Sevan says that the receipt is expected by 31 July 2017…