Oil and gas exploration and production company Neptune Energy on Monday revised down the estimated size of its Dugong offshore oil discovery made last year in the Norwegian part of the North Sea.The company, which had previously estimated recoverable…
UK oil company Deltic Energy and oil major Shell have decided to drill what Deltic says is a potentially transformational Pensacola well in the North Sea, off the UK in 2022.Shell as the operator, and Deltic as its partner, in the Licence P2252 in the North Sea…
Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…
Danish offshore drilling firm Maersk Drilling has won a contract with the Norwegian oil company Aker BP for the ultra-harsh environment jack-up rig Maersk Reacher.Aker BP will use the Maersk Reacher to assist with well intervention, stimulation…
Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…
Offshore drilling rig contractor Northern Ocean expects its West Mira drilling rig to return to work by mid-April after it last week experienced an incident in which some production equipment was dropped to the seabed, off Norway.'During the…
Swedish oil company Lundin Energy has made a minor oil discovery in the North Sea, offshore Norway.The Norwegian Petroleum Director said Friday that Lundin's Norwegian subsidiary Lundin Energy Norge had completed the drilling of the wildcat well 16/4-13 S…
Offshore drilling companies Noble Corporation and Pacific Drilling said Thursday they'd entered into a definitive merger agreement under which Noble will acquire Pacific Drilling in an all-stock transaction. 'The definitive merger agreement…
Jack-up drilling contractor Shelf Drilling has been awarded a two-year contract extension for its Trident 16 jack-up drilling rig.The Oslo-listed company said the contract extension was with Egypt's Belayim Petroleum Company (“Petrobel”) for operations in the Gulf of Suez offshore Egypt…
Norwegian energy company Equinor has been granted consent to use the Transcoean Norge semi-submersible drilling rig for drilling and well operations on the Gullfaks field, in the North Sea, off Norway.The Petroleum Safety Authority Norway, which…
Malaysian drilling contactor Velesto Drilling has won two offshore drilling rig contracts with Petronas Carigali.Under the contracts valued at $20.76 million in total, Petronas Carigali will hire Velesto's jack-up rigs Naga 2 and Naga 5.The Naga 2 jack-up…
Offshore oil and gas logistics company ASCO Norge has won a contract as the preferred base supplier for INEOS Oil & Gas Norway’s first drilling operation on the Norwegian Continental Shelf.ASCO Norge AS will be responsible for the delivery of…
Shallow water drilling rig contractor Borr Drilling said Wednesday it had entered into agreements potentially adding a total of $48 million over approximately 590 days to its rig contract backlog.For the jack-up rig 'Natt' Borr Drilling has…
Norwegian oil firm Equinor, with its partners Vår Energi, Idemitsu Petroleum, and Neptune Energy, said Wednesday it had made the biggest discovery this year offshore Norway.Preliminary estimates place the discovery size between 12 and 19 million standard cubic meters of recoverable oil equivalent…
Australian oil and gas company Beach Energy said Monday it had made a gas discovery at the Artisan-1 exploration well located offshore Victoria Otway Basin in Australia.The Artisan 1 exploration well was spudded by the Diamond Offshore Ocean Onyx rig on February 23…
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