Drilling News

 

Danish Offshore Driller Investing in 'Carbon-Negative' Tech

Jul 29, 2020

Danish offshore oil and gas drilling company Maersk Drilling is stepping up its efforts to reduce emissions associated with its drilling operations.It in June joined a consortium whose aim is to develop an offshore storage solution for CO2 captured in Danish onshore facilities…

Spain Hopes Turkey Overture on Offshore Drilling Leads to Talks

Jul 28, 2020

Spanish Foreign Minister Arancha Gonzalez Laya said on Tuesday she hopes the will shown by Turkey to open a dialogue on oil drilling in the Eastern Mediterranean will be followed by action.Turkey is at loggerheads with Greece and Cyprus over overlapping claims for offshore reserves…

Gulf of Mexico: Blackstone to Raise Stake in Shenandoah

Jul 28, 2020

Israel's Navitas Petroleum said on Tuesday the Blackstone Group signed a preliminary deal to raise its stake in a drilling project in the Gulf of Mexico to 47% from 16%.Navitas had partnered with U.S. oil firm LLOG and Blackstone's portfolio…

OMV Reduces Hades Discovery Size Estimate

Jul 28, 2020

Oil and gas company OMV has reduced the size estimated of its Hades gas/condensate discovery made in 2018 in the Norwegian Sea, following the drilling of an appraisal well.The company had previously estimated that the size of the discovery between…

Spain Sees Thaw in Europe-Turkey Tensions on Mediterranean Offshore Exploration

Jul 28, 2020

Spain's foreign minister said that talks in Turkey on Monday had helped to reduce tensions between some European Union members and Ankara over Turkish energy exploration in the Mediterranean, adding that a one-month pause in drilling was possible…

US Oil Rig Count Rises for First Week Since March

Jul 24, 2020

U.S. energy firms cut the number of oil and natural gas rigs operating to a record low for a 12th week in a row, although they added one oil rig in the first weekly increase since March as a recovery in crude prices tempt some producers back to the well pad…

Byron Set to Tie SM58 G1 Well to GoM Platform. Production to Start in September

Jul 24, 2020

U.S. Gulf of Mexico-focused oil and gas company has informed that the Enterprise 264 jack-up rig has moved to a location near its SM58G platform offshore Louisiana.The drilling rig was last week moved to its recently installed South Marsh Island 58 G location…

Double Offshore Drilling Go-Ahead for Aker BP

Jul 22, 2020

The Norwegian authorities on Wednesday granted oil company Aker BP consents to use the Maersk Integrator and Deepsea Nordkapp drilling rigs at the Ivar Aasen and Alvheim fields, respectively.At the Ivar Aasen field in the North Sea, Aker BP…

India's Deepwater Gas Output Pressured by Low Spot LNG Prices

Jul 21, 2020

India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.Deepwater is expected to drive India’s gas production growth, adding over 1 billion cubic foot per day (bcfd) of new supply by 2023. However…

Aker BP, Claxton Sign Deal for Offshore Services

Jul 21, 2020

Offshore engineering and services firm Claxton, part of Acteon, has signed a master services agreement with the Norwegian oil company Aker BP.Under the MSA, Claxton will provide its range of drilling support services and asset life extension and decommissioning equipment and services…

Petrofac Implements Training Software for Valaris

Jul 20, 2020

Services firm Petrofac says it has implemented its SkillsVX learning and competency software for offshore drilling contractor Valaris, supporting its 7,000 employees globally to manage their learning and competency needs.The implementation involved…

COVID-19 Cuts New Drilling Offshore Norway Around 40%

Jul 20, 2020

Oil firms are expected to drill about 40% fewer exploration wells off Norway in 2020 than originally planned because of the impact of the COVID-19 pandemic, the industry regulator said on Friday.The Norwegian Petroleum Directorate (NPD) also…

Fugro Starts Geotechnical Works at Vattenfall's UK Offshore Wind Farm Sites

Jul 20, 2020

Dutch offshore services provider Fugro has started a marine site characterization campaign for Swedish wind developer Vattenfall at two major offshore wind development sites located over 40 km off the coast of Norfolk, UK.'The resulting Geo…

Maersk Drilling Wins More Jack-Up Rig Work with Aker BP

Jul 20, 2020

Denmark-based offshore drilling company Maersk Drilling has secured an additional one-well contract from Aker BP for its jack-up rig Maersk Integrator. In direct continuation of its current work scope, the rig - which Maersk Drilling says is…

Maersk Drilling Upgrades Maersk Valiant Drillship

Jul 17, 2020

Danish offshore drilling company Maersk Drilling has recently upgraded its 2014-built Maersk Valiant ultra-deepwater drillship.While the Maersk Valiant was recently stacked offshore Port Fourchon the Managed Pressure Drilling  (MPD) system was…

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