Drilling News

 

Wintershall Dea Uses AGR Software to Track Offshore Drilling Cost, Time

Dec 20, 2022

For its offshore drilling and well projects in Norway, the oil and gas company Wintershall Dea will use AGR Software's iQx probabilistic time and cost estimation and tracking applications. AGR said Tuesday that the development would help with…

Oil Firms Take Four Out of 11 Offshore Blocks on Offer in Brazil's Bidding Round

Dec 19, 2022

Four out of the eleven blocks on offer in the Santos and Campos Basins offshore Brazil, were acquired as part of Brazil's first cycle of the Open Acreage in the production-sharing model (OPP), held Friday by the country's oil and gas regulator…

Northern Ocean Buys Deepwater Riser System from Scana's PSW Technology

Dec 19, 2022

Scana's PSW Technology has secured a contract to sell a deepwater riser system to offshore drilling contractor Northern Ocean.'The agreement involves the sale of a complete marine riser system to Northern Ocean for ultra-deepwater operations…

Aker BP to Boost Oil and Gas Reserves via Exploration, M&A

Dec 16, 2022

Norwegian oil and gas group Aker BP will use exploration, mergers, and acquisitions to rebuild its base of untapped resources after Friday's record investment decision, the company's chief executive told Reuters.Aker BP and its partners announced…

Valaris Adds $275M Worth of Offshore Drilling Contracts to Backlog

Dec 16, 2022

Offshore drilling firm Valaris Limited said Thursday it had secured $275 million worth of drilling rig contracts since its most recent fleet status report was issued on October 31, 2022. Valaris won contracts and contract extensions for one drillship and six jack-up rigs…

Aquadrill, Diamond Offshore in 150-day U.S. GoM Drillship Charter with BP

Dec 16, 2022

Offshore drilling rig owner Aquadrill said Thursday it had extended a charter-hire deal with drilling firm Diamond Offshore for its Vela drillship.The Vela drillship will be provided to an end client in the U.S. Gulf of Mexico for a 150-day drilling contract as part of the extension…

Petrobras' Efforts to Drill in Brazil's Foz do Amazonas Block Stalled by License Issues

Dec 16, 2022

Brazilian state-run oil company Petroleo Brasileiro SA is struggling to get a license that it needs to drill the ultra-deep waters of the Foz do Rio Amazonas Basin this year as planned, a source close to the matter told Reuters on Thursday. Petrobras…

Noble Corp. Wins $50M Contract for Jack-up Rig in UK North Sea

Dec 14, 2022

BP has awarded the offshore drilling company Noble Corp. a one-year drilling and plugging & abandonment services contract in the UK sector of the North Sea. The contract, for which Noble Corp. will deploy the ultra-harsh environment Noble Innovator (ex-Maersk Innovator) jack-up rig…

Israel Launches Fourth Offshore Exploration Bidding Round

Dec 14, 2022

Israel's energy ministry on Tuesday announced the launch of the fourth bidding round for gas exploration rights in Israeli waters.As part of the fourth offshore exploration bidding round, four groups of exploration licenses (Zones) will be offered…

Tullow Oil Pens Ivory Coast Offshore Block Deal

Dec 14, 2022

Tullow Oil has signed a production sharing contract (PSC) for Ivory Coast's offshore exploration license CI-803.Tullow will operate the license with 90% equity, with the remaining 10% held by PetroCi. The CI-803 offshore block covers an area of 1…

Multi-country Drilling Deal for Northern Ocean's Semi-sub

Dec 14, 2022

Oslo-listed offshore drilling rig owner Northern Ocean has won a contract with TotalEnergies for its Deepsea Mira semi-submersible drilling rig to be used in a 'multi-country' drilling program.Starting in the middle of the second quarter of 2023…

Great Ships '22: Deepwater Atlas, “World’s First Eighth-Gen Ultra-Deepwater Drillship”

Dec 13, 2022

Marijana Sosic, Manager, Technical Marketing at Transocean, discusses some of the outstanding features of the Deepwater Atlas – Built in Singapore at Sembcorp Marine's Jurong Shipyard and flying the Marshall Islands flag – and sister-ship Deepwater Titan…

Ailing Drillship Worker Airlifted in the Gulf of Mexico

Dec 12, 2022

An ailing worker was medevaced from a Transocean drillship 189 miles south of Port Fourchon, La., on Monday.The U.S. Coast Guard said its watchstanders at Sector New Orleans received a request at 2:21 a.m. from Bristol Search and Rescue Services…

TotalEnergies Launches Offshore Rig Tender for 2023 Drilling at Lebanon's Offshore Block 9

Dec 12, 2022

French oil major TotalEnergies has launched a tender for an offshore drilling rig to be used next year to drill in Lebanon's Block 9 in the Mediterranean Sea.Patrick Pouyanné, Chairman and CEO of TotalEnergies, received Lebanon's, Minister of…

Neptune Energy Awards Two-well Deal to Deepsea Yantai Rig in Norway

Dec 12, 2022

Oil and gas company Neptune Energy has awarded a two-well contract extension for the semi-submersible drilling rig Deepsea Yantai.The rig, owned by China's CIMC Raffles, is managed by the Norwegian offshore drilling firm Odfjell Drilling.Odfjell…

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