Drilling News

 

Santos Wraps Pavo-1 Drilling, Offshore Australia

Mar 25, 2022

Australian oil and gas firm Santos has completed drilling operations on the Pavo-1 well, drilled in the WA-438-P exploration permit, offshore W. Australia, where the company earlier this week announced a significant oil discovery.According to Carnarvon Energy…

Seadrill Names Ex-Borr Drilling Boss as Its New CEO

Mar 25, 2022

Offshore drilling contractor Seadrill Limited has appointed Simon Johnson, former CEO of Borr Drilling, as its new President and Chief Executive Officer. Johnson will replace Stuart Jackson as President and Chief Executive Officer with immediate effect…

Diamond Offshore Set to Relist on NYSE

Mar 25, 2022

Offshore drilling contractor Diamond Offshore has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol 'DO.' 'The company expects the common stock to commence trading on or about Wednesday…

Petronas Signs PSCs for Five Offshore Exploration Blocks in Malaysia

Mar 23, 2022

Malaysia's Petronas has signed Production Sharing Contracts (PSCs) for five offshore exploration blocks, namely SB412, 2W, and X located off the coast of Sabah, and SK439/SK440 situated off the coast of Sarawak.  Block SB412 in Sabah was signed between Petronas…

Santos Makes Significant Oil Discovery at Pavo Well Offshore Australia

Mar 23, 2022

Australian oil and gas company Santos has made a 'significant' oil discovery at Pavo-1 exploration well, 46 kilometers east of the Dorado field in the Bedout Sub-basin, offshore Western Australia.According to Santos, the well was drilled on…

Cutthroat Well Could Hold Up To 1 Billion Barrels

Mar 22, 2022

U.S. oil producer Exxon Mobil Corp is drilling in a new area offshore of Brazil that could have as much as 1 billion barrels of oil and gas, its partner Murphy Oil said on Tuesday.If exploration is successful, it would be Exxon's first oil discovery in Brazil as an operator…

UK Likely to Run North Sea Oil and Gas Licensing Round in 2022

Mar 22, 2022

Britain will likely run a North Sea offshore oil and gas licensing round for existing discoveries this year, a spokesperson for the Oil and Gas Authority (OGA) said on Monday.The OGA, which is changing its name to the North Sea Transition Authority (NSTA)…

Odfjell Drilling's Deepsea Stavanger Rig Wins More Work with Equinor

Mar 22, 2022

Norwegian oil and gas company Equinor has exercised an option for further work for Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig.The further work was awarded under the continued optionality mechanism provided for in the contract entered into by the two companies in May 2021…

Report: Cyprus Offshore Appraisal Confirms Exxon Gas Find

Mar 21, 2022

An appraisal drilling for hydrocarbons off Cyprus has reaffirmed a reservoir of high-quality gas in an area licensed to ExxonMobil and Qatar Petroleum, the island's energy ministry said on Monday.The drilling was conducted by a consortium of ExxonMobil and Qatar Petroleum…

BP Wins Two Offshore Exploration Blocks in Indonesia

Mar 21, 2022

British oil major BP has won two offshore exploration blocks in Indonesia, as part of the Indonesian government's second round of the 2021 Oil and Gas Working Area (WK) Bid Round. The blocks in question are Agung l and Agung ll oil and gas exploration blocks…

Neptune Energy Finds Hydrocarbons at Hamlet Well, Offshore Norway

Mar 21, 2022

Oil and gas company Neptune Energy said Monday it had encountered hydrocarbons at the Hamlet exploration well in the Norwegian sector of the North Sea.'Having entered the reservoir, located within the Gjøa licence (PL153), logs encountered hydrocarbons and a decision was made to initiate coring…

Stena Drilling Gearing Up to Add 7th Gen. Drillship to Its Fleet

Mar 18, 2022

Offshore drilling contractor Stena Drilling said in a social media post it was preparing to introduce the newest addition to its drilling fleet, the Stena Evolution drillship.'The Stena Evolution will be a technologically advanced 7th Generation ultra-deepwater drillship…

Noble Corporation and Maersk Drilling Select Executive Team for Combined Company

Mar 18, 2022

Offshore drilling companies Noble Corporation and Maersk Drilling, which are set to merge, on Friday announced executive management team for the combined company.The executive management team appointments will be effective after the closing of the business combination announced on November 10…

Saipem Nets $325M Offshore Drilling Deal with Aker BP

Mar 17, 2022

Norwegian oil and gas company Aker BP has awarded Italy's Saipem an offshore drilling contract worth $325 million.Saipem said Thursday the operations under the three-year contract, to be carried out by the Scarabeo 8 semi-submersible drilling rig…

Repsol Uses Enhanced Drilling's Riserless Mud Recovery System at Yme Field

Mar 16, 2022

Norwegian offshore drilling technology company Enhanced Drilling said Wednesday that Spanish Repsol had signed up to use its RMR Riserless Mud Recovery system in the Norwegian part of the North Sea in a multi-well deal due to start in May 2022…

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