Texas-based offshore drilling contractor Vantage Drilling International reported a net loss of $52.2 million for the three months ended December 31, 2018 as compared to a net loss of $36.6 million for the three months ended December 31, 2017…
Italian oil services company Saipem is trying to lure big U.S. rivals into joint ventures but has so far failed to secure deals for stakes in drilling operations valued at up to 1.5 billion euros ($1.7 billion), six sources told Reuters.Saipem…
Offshore drilling contractor Seadrill has set out to define a new health standard for thousands of its employees before they embark on rigs offshore.The company, in partnership with occupational health services provider International SOS, in 2016 implemented a modern…
Australian offshore vessel owner MMA Offshore has been awarded a drilling support contract by Santos Drilling.'We are pleased to announce that we have been awarded a contract by Santos to support its 2019 jack-up drilling campaign,' said a statement…
Italian oil company Eni announced Thursday it has made a gas discovery under evaluation in the Nour exploration prospect located in the Nour North Sinai Concession, in the Eastern Egyptian Mediterranean, about 50 km North of the Sinai peninsula…
Wellbore clean-up and abandonment specialist Coretrax said it is increasing its stock of its CX-Enviroplugs to meet demand for big bore cement plug placement.The company said eight CX-Enviroplugs have so far been run across Norwegian and UK plugging and abandonment (P&A) projects in the North Sea…
BHP Group Ltd has stepped up exploration drilling in deep water off Trinidad and Tobago hunting for gas which could supply the country's Atlantic LNG (liquefied natural gas) plant in the 2020s, a senior executive said.The company expects to complete drilling of three wells in block 14…
Norwegian oil and gas exploration company Wellesley Petroleum has drilled another dry well in the Norwegian section of the North Sea, 220 kilometers northwest of Stavanger.The explorer for oil and gas sees second dry well this year with latest probe using semisub Transocean Arctic…
The offshore drilling contractor Rowan announced that Repsol Exploracion Guyana, a unit of Spanish energy major Repsol, has signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana.The contract is for…
Italian oil major Eni said on Wednesday it has made a major discovery in Block 15/06, in the Agogo exploration prospect, in the deep waters offshore Angola.The find is Angola's largest offshore discovery in years. Eni said the discovery is estimated…
KCA Deutag’s engineering and design solutions provider RDS has been awarded a new contract for the detailed design of a drilling facility for an offshore platform.The contract, which marks RDS’s first detail design award for a new greenfield platform since the oil price decline in 2014…
Offshore drilling contractor Transocean announced Monday that two of its ultra-deepwater drillships have been contracted by Petrobras for work offshore Brazil.The two drillships, Ocean Rig Corcovado and Ocean Rig Mykonos, are expected to commence…
The provider of offshore mooring and subsea services, Delmar Systems said it completed an eight-line disconnect of the mooring system on Seadrill’s West Phoenix semi-submersible drilling rig on the UK Continental Shelf, using its RAR Plus Technology…
Thai oil and gas company PTT Exploration and Production Public Company Limited (PTTEP) has made a gas and condensate discovery at the Orchid-1, the first exploration well in Permit AC/P54 located in the Timor Sea, Australia.Phongsthorn Thavisin…
UK-based drilling contractor Awilco Drilling announced that tha appointment of Jens Berge as Chief Executive Officer (CEO) of the company. Berge will succeed Jon Oliver Bryce.'The Board would like to thank Jon Oliver Bryce for his nine years as Awilco Drilling's CEO…