A new, state-of-the-art semi-submersible drilling rig being built by Keppel Offshore & Marine for Awilco Drilling will feature an integrated equipment suite from Kongsberg Maritime.Kongsberg said the milestone order from Keppel is its first…
Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the “Basic+” notation to the drillship Stena IceMAX and includes the vessel’s dynamic positioning…
Singapore Technologies Engineering (ST Engineering) announced that its U.S. company Vision Technologies Systems (VT Systems) has set up a subsidiary ST Engineering Halter Marine and Offshore, based in Pascagoula, Miss., with share capital of US$10 (approximately S$13…
Italian services provider Saipem said it has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.One contract was signed with Repsol Norge AS for the drilling of a well for operations in Norway expected to commence in the third quarter of 2019…
The offshore oil and gas industry appears to be in a fragile recovery, according to research consultancy Westwood Global Energy Group.Oil prices are expected to remain between $60/bbl and $80/bbl into the early 2020s before rising, and offshore spending between 2019 and 2023 is projected to hit $1…
As oil prices continue to stabilize, operators are looking for the most efficient drilling and intervention methods to keep their downturn inspired cost savings in place.Jack-up rigs have long been known as the cheaper alternative to their floating cousins…
Aker BP is gearing up to drill its Freke-Garm exploration well in the Norwegian sector of the North Sea using Odfjell Drilling's Deepsea Stavanger semisubmersible drilling rig. Norway's Petroleum Safety Authority (PSA) authorised the well, 15/6-15…
Despite a bounce back in exploration activity in 2018, success rates and discovered volumes have dropped, according to a report by UK-based analysts Weestwood Global Energy Group. Westwood’s 10th annual State of Exploration report reviews global…
UK-based well management firm Exceed has secured a two-year contract to support Serica Energy (UK) with its future well operations.Initial operations under the contract will be concentrated on Serica's Columbus development well, which is planned to be drilled in 2020…
Danish rig operator Maersk Drilling has announced what it's calling the first hybrid, low-emission drilling rig, based on the Norwegian Continental Shelf. Through a series of upgrades, Maersk Drilling aims to convert the Maersk Intrepid ultra…
Premier Oil has started drilling operations at Natuna, offshore Indonesia, using the jack-up drilling rig HAKURYU-11, according to rig owner Japan Drilling Company (JDC).JDC was awarded a drilling contract by Premier Oil Natuna Sea in November last year…
Talos Energy has started drilling the Bulleit appraisal well in Green Canyon Block 21 in the US Gulf of Mexico, says partner Otto Energy. The well is being drilled from the Noble Don Taylor drillship. The Bulleit prospect sits in approximately 1…
OMV has been given the green light to drill exploration wells 6506/11-11 S and 6506/11-11 A on the Halten Terrace in the Norwegian Sea. The wells are in production licence 644/644 B containing the high-pressure, high-temperature gas/condensate Hades and Iris discoveries…
UK small cap player Independent Oil and Gas (IOG) has signed a Letter of Intent to use Maersk Drilling's Maersk Resilient jack-up rig to drill the Harvey appraisal well in the southern sector of the UK North Sea. The well is expected to be started in July…
Shell UK is to extend its contract for use of Aberdeen-headquartered driller Awilco Drilling's WillPhoenix semisubmersible drilling rig for decommissioning operations in the UK North Sea. Shell UK, which already has the rig on contract, has…
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