The American Petroleum Institute (API) reported the total wells drilled and completed in Q4 2016 decreased 8.8% when compared to Q3 2016. This decrease shows a drastic improvement from the same period in 2015 which saw a 21% decrease in total wells drilled and completed…
North Atlantic Drilling has again extended a newbuild rig contract standstill agreement with Singapore's Sembcorp Marine. Sembcorp Marine's subsidiary Jurung Shipyard has been building the semisubmersible drilling rig West Rigel, on which a standstill agreement had already been put in place…
Eni has completed a deal to take over operatorship of the Rabat Deep Offshore permits I-VI, offshore Morocco, with plans to drill on the acreage in 2018, following approval of a deal by the license partners. The deal, with UK-based independent Chariot Oil & Gas…
Maersk Drilling has taken delivery of its fourth XLE jackup rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering (DSME) in South Korea. Maersk Invincible will now mobilize to the North Sea and will commence a 5-year…
Eni has spudded an exploration well in Contract Area D offshore Libya, according to the country's national oil firm. The well, B1-16/3, will be drilled in 518ft (156m) water depth and it is about 140km northwest of Tripoli and 5km north of the Bahr Essalam gas field…
Houston-headquartered W&T Offshore is looking to make its US Gulf of Mexico Mahogany field the cornerstone of its 2017 investment program after hitting oil across five zones in a new appraisal well. The Mahogany field, discovered in 1993…
IKM Testing Thailand has been awarded the service contract by Aibel for the Johan Sverdrup drilling platform. The platform deck for the drilling platform will comprise of three modules. Aibel is to build the largest module, the main support frame (MSF)…
Forum Energy Technologies has designed, manufactured, tested and delivered its 350th rotational torque (RT) torque machine to TAM International, a downhole inflatable packer provider. The torque machine, or bucking unit as it is commonly referred…
Houston’s Cobalt International Energy encountered “encouraging” results at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, and is preparing for a geologic sidetrack for further analyzation. Image of the Rowan Reliance…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Prosafe’s Safe Notos semisubmersible accommodation vessel started its contract for Petorbras early last month, offshore Brazil. The Safe Notos is under a three-year, 222-day contract with the Brazilian giant. Work began on 7 December at a dayrate of US$189…
Hyperdynamics Corp. has entered into a US$4.5 million master service agreement (MSA) with oilfield services giant Schlumberger to provide drilling services for the Fatala-1 deepwater exploration well planned for Q2 2017, offshore the Republic of Guinea…
Rig operator Songa Offshore has mobilized its emergency response team after water got into a pumproom on its Songa Encourage semisubmersible drilling rig. The unit is a Cat-D rig, one of four newbuilds which have entered service for Songa in the past couple of years…
Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…
CIMC Offshore Co., a wholly-owned subsidiary of China International Marine Containers (CIMC) Co., intends to partner with Shenzhen Mangrove Venture Capital Co. and China Industrial International Trust Co. to jointly establish Tianjin Lanshui…
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