African Petroleum signed nonbinding heads of terms and a binding exclusivity agreement with a “well-funded, listed oil and gas company with a strong track record in offshore deepwater drilling,” for a drilling campaign offshore Senegal and The Gambia…
The Galoc joint venture is moving to drill a sidetrack well, following inconclusive results at the Galoc-7 well in the Palawan basin, offshore Philippines. Nido Petroleum says that the Deepsea Metro I drillship reached total depth of 2373m at the Galoc-7 well…
Canadian explorer Husky Energy has signed a production sharing contract (PSC) for a new exploration block offshore China. Block 16/25 is in the Pearl River Mouth Basin, about 150km southeast of Hong Kong. Husky expects to drill two exploration wells on the shallow water block during 2018…
Providence Resources is set to drill a wildcat targeting the multi-billion bbl potential of both the Druid and Drombeg offshore Ireland this summer. The Stena IceMAX, from Stena Drillng. Providence…
Norway’s Petroleum Safety Authority (PSA) has granted Aker BP consent to drill an exploration well in the Frigg Gamma Delta prospect. Aker BP is the operator of production license 442 in the North Sea. Aker BP has made a discovery in a prospect named Frigg Gamma Delta…
Black Sea Oil & Gas (BSOG) has awarded GSP Offshore a contract to drill two exploration wells in the XV Midia Shallow Block, on the Romanian Black Sea Continental Shelf. The GSP Uranus, from GSP…
Lundin Petroleum discovered a 15m oil column at the Edvard Grieg Southwest appraisal well in the North Sea, confirming an upside for the field. The Island Innovator, from Island Drilling. Lundin…
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum a drilling permit for well 7121/8-1, named Blåmann in the Barents Sea. Well 7121/8-1 will be drilled from the Songa Enabler drilling facility, after completing the…
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 24/9-11 S, cf. Section 8 of the Resource Management Regulations. Well 24/9-11 S will be drilled from the Transocean Arctic drilling facility, at position 59°29’6…
The American Petroleum Institute (API) revealed that estimated total wells drilled and completed in the Q1 2017 saw an increase of 35% compared to the Q1 2016. This is a drastic improvement from 2016 levels, which saw a 59& decrease…
Shelf Drilling, Ltd. has taken delivery of its second newbuild jackup rig – Shelf Drilling Krathong (SDK) – from Lamprell. The rig was delivered within budget and on-time. It is scheduled to depart for Thailand by 20 April 2017 where it commences operations for Chevron Thailand…
Rosneft started drilling the Tsentralno-Olginskaya-1 well, the northernmost well at the Russian Arctic shelf, in the Khatangsky license area. Image of Rosneft workers drilling the northernmost well at the Russian shelf…
Vantage Drilling International has acquired the Hercules 260, a Marathon LeTourneau Class jackup drilling unit, from Hercules Offshore for an undisclosed amount, and has renamed the rig the Vantage 260. As part of the acquisition, Vantage…
Australia’s FAR Ltd. has increased its stakes offshore Guinea-Bissau with plans to drill two exploration wells, and has gained a three-year extension for the area. Map from FAR. FAR…
Statoil has hired the Transocean Spitsbergen semisubmersible rig to drill a total of nine wells offshore the UK and Norway, in a US$113 million deal. From left: Ian Paterson (Transocean Drilling UK)…
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