Drilling News

 

Shell Awards Noble Voyager Drillship Contract for Deepwater Exploration in Mauritania

May 12, 2023

Offshore drilling firm Noble has secured a contract with Shell for the 7th generation drillship Noble Voyager.Under the contract with Shell, the Noble Voyager drillship will drill one deepwater exploration well offshore Mauritania. The contract…

Equinor Makes Gas/Condensate Discovery in Norwegian Sea

May 12, 2023

Norwegian oil company Equinor Energy has made a gas/condensate discovery in the offshore licence 255 B, about 25 km south of the Kristin field in the Norwegian Sea.The primary exploration target for the well was to prove petroleum in Middle and Lower Jurassic reservoir rocks (the Garn…

Crown Energy Withdraws from South African Offshore Venture Following Disappointing Well Results

May 11, 2023

Crown Energy said Thursday it would withdraw from the joint venture operating the Block 2B offshore South Africa after disappointing results of the Gazania-1 exploration well drilled in 2022.The Gazania-1 well was spudded in October 2022, using the Island Innovator semi-submersible drilling…

TotalEnergies Taps Shearwater for 4D Seismic Surveys West of Shetland

May 11, 2023

TotalEnergies has awarded two 4D seismic survey contracts to Shearwater covering the Laggan, Tormore, and Edradour offshore gas fields, west of Shetland, in the UK.TotalEnergies might also extend the contract to include the Glenlivet field survey…

BNP Paribas Will No Longer Finance Development of New Oil and Gas Fields

May 11, 2023

BNP Paribas, France's largest bank, will no longer provide any financing dedicated to the development of new oil and gas fields, and it reiterated it targets an 80% cut of its oil exploration financing by 2030. 'BNP Paribas no longer provides…

Ecopetrol to Boost Exploration, Warns of Production Hit

May 11, 2023

Colombia's majority state-owned energy company Ecopetrol will be more aggressive in exploring for oil under existing contracts, Chief Executive Ricardo Roa said on Wednesday, as the company warned external factors including weather and security issues could hit production…

BP Ventures Back into Offshore Oil Frontiers to Boost Output

May 10, 2023

BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies…

'Major Operator' Chooses Transocean Rig for Australian Offshore Drilling Project

May 10, 2023

Offshore drilling firm Transocean has secured a drilling contract for its Transocean Equinox offshore drilling rig.Transocean said that the semi-submersible drilling rig had won a contract with a 'major operator' in Australia. Transocean did not say who the client was…

Velesto Wins Offshore Drilling Contracts for Three Jack-up Rigs

May 09, 2023

Malaysian offshore drilling rig contractor Velesto Drilling has received three notices of assignments related to a drilling contract award with Petronas first announced in March.The contract is for providing three jack-up drilling rigs, the Naga 3…

Brazil: Petro Rio Finds Oil in Maracanã Prospect Near Valente FPSO

May 09, 2023

Brazilian oil company Petro Rio said Tuesday it had found evidence of oil in the Maracanã prospect (3-PRIO-1-RJS well), which is located 6km southwest of Valente FPSO (ex-Frade FPSO).The primary target (Eocene sandstone), presented a column of 36 meters of oil…

Suriname's Staatsolie Awards Offshore Blocks to TotalEnergies and QatarEnergy

May 09, 2023

Suriname's state-owned oil company Staatsolie said on Monday it has signed production sharing contracts for two offshore blocks with France's TotalEnergies and Qatar's QatarEnergy. Under the joint operating agreements signed with TotalEnergies and QatarEnergy for blocks 6 and 8…

SFL Bags $50M Contract for Hercules Offshore Drilling Rig

May 05, 2023

SFL Corporation Ltd. has signed a $50 million contract with a subsidiary of Portugal's Galp Energia to deploy the harsh environment semi-submersible rig Hercules in Namibia.The contract is for two wells plus optional well testing and is expected to start in the fourth quarter of 2023…

Petrobras Contemplates Plan B Amid License Delays for Amazon River Basin Drilling

May 04, 2023

Brazil's Petrobras may move a rig it has installed to drill at the mouth of the Amazon River Basin to another location if it does not obtain a long-awaited environmental license to start operations there, an executive said on Monday.The remarks…

AI-driven Tech Promises to Cut Offshore Well Drilling Times, Costs, and Boost Safety

May 04, 2023

Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…

Odfjell Drilling Secures More Work with Equinor for Two Offshore Drilling Rigs

May 04, 2023

Oslo-listed offshore drilling company Odfjell Drilling has won more work with Equinor for two of its semi-submersible drilling rigs the Deepsea Aberdeen and Deepsea Stavanger.Equinor has added additional firm scope for the Deepsea Aberdeen as…

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