Cosl Innovator News

 

Norway Grants Two-Well Drilling Permit to Vår Energi

Oct 10, 2024

The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for two wildcat wells in the Barents Sea.The permit has been issued for wells 7122/7-8 and 7122/8-3 S in production license 229.The license is operated by Vår Energi…

New Well at Bittern Field Linked to Triton FPSO Stabilizes Production

Oct 02, 2024

Serica Energy has informed that the B6 well on the Bittern field, which started initial flowback to the Triton FPSO in September 2024, is now producing at a stable rate.The well is producing oil and gas at a combined gross rate of around 8,000 boepd…

Esgian Week 39 Report: Petrobras Finalizes Roncador Tender

Sep 29, 2024

Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources indicate that ADNOC has exercised an extension option for the 350-ft jackup drilling rig Aryabhatt 1 in Abu Dhabi.Petrobras…

Esgian Week 37 Report: New Contracts for Floating Rigs

Sep 15, 2024

Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM…

Esgian Week 36 Report: New Contracts Awarded in India, Guyana and West Africa

Sep 08, 2024

Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…

TGS Starts 2D Seismic Survey Offshore Sumatra

Sep 06, 2024

Norwegian seismic company TGS has started the acquisition of a 2D seismic survey in the Sumatra basin, Indonesia.The survey, conducted using COSL’s HYSY 718 vessel, is expected to comprise between 5,500- and 6,500-line kilometers, covering two regions…

LR Type Approval for Zelim Swift Man Overboard Recovery System

Aug 27, 2024

Zelim’s SWIFT man overboard recovery device has received full type approval from classification society Lloyd’s Register, paving the way for the maritime industry’s widespread use of the sea survival safety system.Did You Know? It is estimated…

Esgian Week 32 Report: Second Round of Saudi Jackup Suspensions

Aug 11, 2024

Esgian provides an update on the second round of jackup suspensions in Saudi Arabia in its Week 32 Rig Analytics Market Roundup.Report SummaryContractsArabian Drilling has confirmed that Saudi Aramco has initiated discussions with the drilling…

Esgian Week 31 Report: Busy Week for Borr Drilling, Valaris, Transocean and Noble

Aug 04, 2024

Esgian provides an update on what has been a busy week in the offshore drilling market in its Week 31 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling has confirmed new contracts for several of its 400-ft jackups, including work for the Arabia I in Brazil…

All Set for Cable Installation at US' First Utility-Scale Wave Energy Test Site

Jul 12, 2024

The installation of power and data cables at Oregon State University’s PacWave South, the first pre-permitted, utility-scale, grid-connected wave energy test site in the United States, is set to begin later in July.The cable installation marks…

Wellesley Petroleum Strikes Oil in North Sea

Jul 10, 2024

Oil and gas company Wellesley Petroleum has proven oil and gas in an appraisal well drilled in the North Sea, using COSL Drilling’s COSLPromoter drilling rig.The oil was discovered in the Gnomoria Appraisal (35/10-12 S) well in the North Sea…

Esgian Week 27 Report: A Lull in Contracting

Jul 07, 2024

Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh…

Trident Energy Ready to Restart Drilling Off Equatorial Guinea

Jul 03, 2024

Oil and gas company Trident Energy has welcomed Noble Corporation’s Noble Venturer drillship for a new drilling campaign offshore Equatorial Guinea, expected to begin shortly.Trident Equatorial Guinea is the operator of Block G in the Ceiba and Okume complex fields offshore Equatorial Guinea…

Saudi Aramco Jackup Suspensions: The Story So Far…

Jun 25, 2024

Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately 49 jackups in June 2022 to 90 in just two years, seemed a daring feat. But fast forward to March 2024…

Chevron, GEPetrol Sign PSCs for Two Equatorial Guinea’s Offshore Blocks

Jun 24, 2024

Oil major Chevron and Equatorial Guinea’s state-owned oil company GEPetrol have signed two production sharing contracts (PSCs), for offshore blocks EG-06 and EG-11 in Equatorial Guinea, representing a $2 billion investment.Situated in close…

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