Drilling News

 

Former Pacific Drilling CEO Takes Helm at Diamond Offshore

May 10, 2021

Offshore drilling contractor Diamond Offshore Drilling, said Monday that Bernie G. Wolford Jr. has been named the company's President and Chief Executive Officer and will also serve on the Board of Directors. Wolford succeeds Marc Edwards, who retired from the Company as Chairman…

Odfjell Drilling Secures One-Well Extension for Deepsea Atlantic Rig

May 10, 2021

Norwegian oil firm Equinor has extended the contract with Odfjell Drilling for the use of the Deepsea Atlantic offshore drilling rig.Odfjell Drilling said Monday that Equinor had exercised its options to add one additional well to the Deepsea Atlantic contract…

ADNOC's Drilling Unit to Go Public

May 10, 2021

Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday.The oil giant invited a handful of international and local…

Talos Energy Hires Seadrill Drillship for GoM Well

May 07, 2021

U.S. oil and gas company Talos Energy has chartered Seadrill's West Neptune drillship to drill a well in the U.S. Gulf of Mexico.Talos said it would use the  6th generation ultra-deepwater drilling unit to drill the Tornado Attic well to build…

Jindal Bags 3-Year Jack-Up Rig Charter with ONGC

May 07, 2021

Indian oil and gas company ONGC has chartered a jack-up drilling rig from the Indian offshore drilling contractor Jindal Drilling & Industries.Jindal said this week that the ONGC had sent a letter of award for the charter hire of the jack-up drilling unit Jindal Explorer…

Suncor, Transocean Fined for 2018 Offshore Drilling Fluid Spill in Canada

May 07, 2021

Canadian oil company Suncor, and Swiss-based offshore drilling contractor Transocean have been fined by the Canada-Newfoundland and Labrador Offshore Petroleum Board for an unauthorized discharge of drilling fluids from Transocean's offshore rig in Canada in 2018…

Malaysia Offshore Rig Sinking: All 101 Crewmembers Brought to Shore Safely

May 06, 2021

All workers from the Naga 7 jack-up drilling rig that sunk off Sarawak earlier this week, have been safely brought to shore, Velesto, the owner of the ill-fated jack-up, said Thursday.The rig had been preparing to start a drilling operation of a subsidiary of the U…

Seadrill Allowed to Use Lender Cash until Aug. 31

May 06, 2021

Seadrill Ltd on Wednesday reached a tentative deal that will allow it to continue using lender cash to fund operations while it works with creditors on a path out of bankruptcy.During a virtual hearing, U.S. Bankruptcy Judge David Jones, sitting in his Laredo…

Norway: MOL Gets Nod to Drill Iving Appraisal Well

May 06, 2021

Oil company MOL Norge AS, a Norwegian subsidiary of Hungarian MOL, has received a drilling permit for an appraisal well in the North Sea, offshore Norway.MOL will use the Transocean Barents semi-submersible drilling rig to drill the well formally named Well 25/8-21 S…

No Oil at BW Energy's Appraisal Well Offshore Gabon

May 06, 2021

BW Energy, an Oslo-listed oil firm, said Thursday that the drilling of the Hibiscus Extension appraisal well DHIBM-2 in the Dussafu Marin license in Gabon had fallen short of expectations, hitting water instead of oil.'The primary objective…

Saudi Aramco Awards Ten-Year Deal for Shelf Drilling's Jack-Up Rig

May 06, 2021

Oslo-listed offshore drilling contractor Shelf Drilling has secured a ten-year contract extension for the High Island IX jack-up rig.The contract for the 1983-built, 2012-upgraded jack-up drilling unit is in direct continuation of its current contract in Saudi Arabia…

OKEA Picks COSL Drilling as Exclusive Offshore Rig Supplier

May 06, 2021

Norwegian oil company OKEA has selected COSL Drilling Europe as an exclusive supplier of drilling units for its operations on the Norwegian Continental Shelf (NCS).As part of the four-year frame agreement, COSL Drilling Europe (COSL) will be…

Report: Noble Corp. Bids for Seadrill's Assets

May 05, 2021

Offshore drilling contractor Noble Corp. has reportedly submitted a bid to acquire some assets of rival Seadrill. This is according to Reorg, a website providing credit intelligence, data, and analytics for hedge funds, asset managers, investment banks…

3t EnerMech Launches Offshore Training Service in Angola. Bags First Contract

May 05, 2021

3t EnerMech, a recently launched alliance between UK-based energy industry training firm 3t Energy and oilfield services provider EnerMech, has launched a training service in Angola, and has already secured a contract with an offshore drilling contractor…

Wintershall Dea Terminates West Mira Rig Contract After March Incident

May 05, 2021

Oil and gas company Wintershall Dea has terminated the rig contract for the West Mira semi-submersible drilling rig, owned by Northern Ocean, managed by Seadrill.The news of the contract termination was shared Wednesday by Seadrill. Seadrill said: 'Seadrill Limited […

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