Ensco plc has taken delivery of ENSCO 121, the second of four ultra-premium harsh environment jackup rigs in its ENSCO 120 Series. The rig is contracted to work in the North Sea beginning in Q2 2014 at a day rate of approximately $230,000…
GSP Offshore has said its jackup, the GSP Saturn, will provide offshore drilling services in Pechora Sea, in the south eastern part of the Barents Sea, on the Russian continental shelf. GSP Saturn will carry out operations under a two year contract…
Chevron North Sea Limited has awarded a £150 million contract to Dolphin Drilling Limited, a subsidiary of Fred. Olsen Energy ASA, for a 20-month multi-well drilling and completion program, across several of its operations in the UK North Sea…
Deepwater drilling rig contractors are facing an uncertain future, with an increasingly fragmented market favoring those who contract the vessels, according to an analyst. The comments follow market updates from rig operators including Transocean Ltd…
BG Group has said its latest drilling campaign offshore Tanzania has increased its resource base across its three Tanzanian blocks to 15Tcf natural gas. BG Group said Blocks 1, 3 and 4, which it operates, with partner Ophir Energy, also had further exploration upside…
Statoil ASA and partners Eni Norge AS and Petoro AS have made an oil and gas discovery in the Skavl prospect in PL532, close to Johan Castberg in the Barents Sea. Well 7220/7-2 S, drilled by the semisubmersible rig West Hercules, proved a…
Prospector Offshore Drilling's new jack-up drilling rig, Prospector 1, arrived in the Cromarty Firth, Scotland today, after a two-month journey from its construction shipyard in Dalian, China. The jack-up features an advanced, fully-automated…
CIMC Raffles today held naming ceremonies for the OOS Gretha and OOS Prometheus semisubmersible drilling rigs, built at its yard in Yantai, China, and due to work for Petrobras offshore Brazil. The two units were designed and built by CIMC Raffles…
Keppel Corporation and the National University of Singapore have agreed to set up the Keppel-NUS Corporate Laboratory, with backing from the National Research Foundation (NRF), to develop technological solutions for the offshore industry…
BP announced that it increased its fleet on Tuesday, announcing that it added two drilling rigs to the deepwater Gulf of Mexico (GOM). BP’s count now stands at nine rigs - a company record. Following the end of its year-long moratorium imposed in 2010…
Norwegian private equity group HitecVision AS is to invest US$92.6million in Singapore-based Energy Drilling Pte Ltd. The deal will see Hitecvision take a majority stake in the company and it will ensure delivery of Energy Drilling Pte…
Petroceltic International has said its Cobalcescu South-1 exploration well in the Romanian Black Sea will be plugged and abandoned as non-commercial. The well was designed to test a prospect located in the southwestern part of the Est Cobalcescu (Block EX-28…
Lundin Norway AS (Lundin Norway) has started drilling appraisal well 16/5-5 in production license 410. The well will target the Luno II South structure, 9km southeast of the Luno II discovery well 16/4-6S in PL359, in the Norwegian sector of the North Sea…
Statoil has made an oil discovery on the Snilehorn prospect in Norwegian Sea. Oil was found in discovery well 6407/8-6 and sidetrack 6407/8-6A. Image: The West Navigator drillship, which has started drilling on the Novus prospect…
Lamprell has completed and delivered the first of two Caspian Sea jackup rigs following tow out from the Astrakhan re-assembly yard. The new rig will now start its first contract in the Caspian Sea. Good progress is being made on a second Caspian Sea jackup…
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