Drilling News

 

Malaysian Stock Exchange to Delist Perisai

Jan 20, 2020

Malaysian offshore vessel and rig owner Perisai Petroleum Teknologi is about to get delisted after Bursa Malaysia decided to dismiss the company's request to give it more time to get its business in order.Perisai, which provides vessels and rig to the local oil and gas industry…

Saudi Aramco, ADES in Rig Contract Extension

Jan 20, 2020

Drilling contractor ADES has won a contract extension for its ADMARINE 261 jack-up rig in Saudi Arabia.ADES said Monday that the contract extension was for a tenure of one year. The contract is expected to start upon the expiry of the current contract in February 2020…

Turkey Spars with EU Over Fresh Drilling Off Cyprus

Jan 20, 2020

Turkey called on Sunday for the European Union to end what it said was the bloc's prejudice against Turkish Cypriots, defending its launch of a fresh round of hydrocarbons drilling off the Mediterranean island.Turkey began drilling for oil and gas near Cyprus last year despite warnings from the EU…

Aker BP to Use Maersk Integrator Rig at Ivar Aasen Field

Jan 20, 2020

Norwegian offshore oil company Aker BP has awarded the Maersk Integrator jack-up drilling rig a contract for work at the Ivar Aasen field offshore Norway.Maersk Drilling, the rig's owner, said Monday that the Maersk Integrator would move to…

IMI Wins ARO Drilling Rigs Contract

Jan 19, 2020

ARO Drilling, a joint venture (JV) of Saudi Aramco and Valaris Companies, has awarded a couple of contracts to International Maritime Industries (IMI) and signed a subsequent sub-contract agreement with long-term partners Lamprell Energy Ltd…

Middle East: Offshore Drilling Spend Set to Soar

Jan 17, 2020

Offshore oil and gas exploration spending in the Middle East is set to grow significantly over the next few years, as onshore resources mature and become more numbered, Rystad Energy said Friday.'The most bountiful petroleum plays in the Middle…

Equinor Gets OK for North Sea Pilot Hole

Jan 16, 2020

Norway's Equinor has been given regulatory approval to drill in a block in the Norwegian sector of the North Sea using a Seadrill drilling rig.The Petroleum Safety Authority Norway has given its consent for exploration drilling in the block 30/2…

Tullow: No Guyana Drilling in 2020

Jan 16, 2020

London-listed oil company Tullow Oil will most likely not be drilling any wells offshore Guyana in 2020.In its trading update on Wednesday Tullow said it expected to report pretax impairments and exploration write-offs of around $1.5 billion…

BP Spuds SAX01 Well Offshore Azerbaijan

Jan 15, 2020

British oil major BP has spudded the first exploration well at the Shafag-Asiman block in the Caspian Sea, offshore Azerbaijan.The drilling operation at BP's 50% percent operated offshore block started on Monday, January 13. Azerbaijan's national oil company Socar holds the remaining 50% share…

Jadestone To Drill At Montara In Q2

Jan 15, 2020

Jadestone Energy has filed plans for drilling operations expected to start this year at its Montara oil field offshore Australia. The Montara field, which Jadestone bought in October 2018, lies approximately 690 kilometers east of Darwin in…

Borr Drilling Takes Delivery of Newbuild Jack-Up From Keppel

Jan 15, 2020

Offshore drilling contractor has taken delivery of a newbuild jack-up rig from Singapore's Keppel. This is Keppel's first rig delivery in 2020.Keppel said Wednesday that the offshore drilling rig, named Heimdal, was built to Keppel's KFELS B…

Tower Gets More Time for Cameroon Drilling

Jan 15, 2020

Tower Resources has been given more time to explore at the Thali license in Cameroon.Tower said Wednesday that the country's authorities had granted it a one-year extension to the initial period of the exploration phase of the Thali PSC as requested by Tower…

Shelf Drilling Finds Work for Ex-Maersk Jack-Up

Jan 14, 2020

The U.S. oil major Chevron has chartered a Shelf Drilling jack-up drilling rig on a long-term deal. Chevron will use the rig in Thailand.Shelf Drilling said on Tuesday that Chevron Thailand had contracted the Shelf Drilling Enterprise jack-up unit…

ConocoPhillips Makes Minor Oil Find Offshore Norway

Jan 14, 2020

ConocoPhillips has made a minor oil discovery in the Norwegian part of the North Sea, near the Balder field. The company’s Norwegian subsidiary, ConocoPhillips Skandinavia, made the find while drilling the 25/7-8 S exploration well in the production…

Total to Drill Deepest Ever Offshore Well Using Maersk Rig

Jan 14, 2020

French oil company Total will drill the deepest offshore well by water depth using the Maersk Voyager drillship owned by Maersk Drilling.The Danish offshore drilling contractor said Tuesday that, based on the conditional letter of award previously announced in the third quarter of 2019…

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