Drilling News

 

Ocyan to Operate PRIO's Offshore Drilling Rig

Jan 27, 2023

Brazilian offshore drilling company Ocyan said Friday it had signed a contract to operate oil company PRIO's West Capricorn semi-submersible drilling rig.PRIO (Petro Rio) bought the offshore drilling rig from the offshore drilling firm Aquadrill in June 2022…

QatarEnergy to Join TotalEnergies, Eni in Lebanon Offshore Exploration

Jan 27, 2023

QatarEnergy will join TotalEnergies and Eni in a three-way consortium to explore oil and gas in two maritime blocks off the coast of Lebanon, the Lebanese energy ministry said on Thursday.The announcement said agreements would be signed on Sunday…

Busy Year Ahead for Offshore Drilling Rigs: Global Marketed Utilization to Average 95%, Dayrates Grow

Jan 26, 2023

Rig activity stood out in several regions in 2022, and there is no reason to expect anything different in 2023, Westwood Energy's Terry Childs writes.In 2022, offshore rig activity for both jack-ups and floating rigs was robust in several key regions of the world…

Hess Tops Wall St Profit Forecasts, Discovers More Oil Offshore Guyana

Jan 25, 2023

Energy producer Hess Corp. on Wednesday beat Wall Street estimates for fourth-quarter profit on higher crude prices, and said it had found more oil offshore Guyana.Western sanctions against major energy producer Russia and the decision of producer…

Ex-Transocean, Maersk Drilling Director Joins Seadrill Board

Jan 25, 2023

Offshore drilling firm Seadrill has appointed Ana Zambelli as a new board director.Zambelli has more than 20 years of experience in the energy services sector in operational, commercial and finance roles. She served as Chief Commercial Officer at Maersk Drilling…

Hess Expects Higher 2023 Spending with Focus on Guyana, Bakken

Jan 24, 2023

U.S. oil and gas producer Hess Corp on Tuesday forecast higher Exploration & Production (E&P) capital and exploratory budget of $3.7 billion for 2023, of which more than 80% would be allocated to Guyana and North Dakota's Bakken shale field…

Atlantica Shipping Adds Fourth PSV to Fleet

Jan 24, 2023

Oslo-based offshore vessel owner Atlantica Shipping has taken delivery of its fourth platform supply vessel.The company said in a social media post that it had expanded its fleet with the 2005 built UT 755L Atlantica Server.The vessel, previously…

Guyana in Talks with Qatar, UK, UAE and India on Offshore Oil Blocks

Jan 24, 2023

Guyana is in talks with Qatar, Britain, the United Arab Emirates, and India on the possibility of directly allocating offshore blocks for oil and gas exploration in parallel with a bidding round this year, President Irfaan Ali said on Monday…

CGX, Frontera JV Spuds Wei-1 Offshore Guyana

Jan 23, 2023

A CGX Energy Inc. and Frontera Energy Corporation consortium has started drilling the Wei-1 well, on the Corentyne block, approximately 200 kilometers offshore from Georgetown, Guyana.To remind, under the Corentyne block license terms, the joint venture was previously required to spud Wei-1…

Noble Corp. Jack-up Rig Sets Off for Danish North Sea Field for Carbon Storage Pilot

Jan 20, 2023

The Noble Resolve, a jack-up rig owned by Noble Corporation, has departed the Danish port of Esbjerg and is headed for the Nini West Field in the Danish North Sea. Even though the rig is typically employed in offshore oil and gas drilling, this particular job will be different…

No New UK Oil and Gas Fields under a Labour Gov't, Starmer Says

Jan 20, 2023

Britain's opposition leader Keir Starmer said on Thursday there would be no investment in new oil and gas fields in Britain under a Labour government - a big change from current UK energy policies.Starmer said during a panel discussion at the…

Borr's Jack-up Rig "Ran" to Drill Two Offshore Wells in Latin America

Jan 20, 2023

Shallow water drilling contractor Borr Drilling said Friday its jack-up drilling rig 'Ran' had secured a Letter of Award from an unnamed client for work in Latin America.The award will cover drilling two offshore wells, with an estimated duration…

TotalEnergies to Spud "Highly prospective" Benriach Offshore Well in Q2

Jan 19, 2023

TotalEnergies has decided to drill the 'highly prospective' Benriach well in the Laggan Tormore area, west of Shetland, UK.The news was shared by TotalEnergies partner Kistos, which last year acquired a 20% stake in the Greater Laggan Area producing offshore gas fields…

Indian, European Oil Firms Looking to Bid for Guyana Offshore Blocks

Jan 18, 2023

Guyana's upcoming bidding round for offshore areas has caught the interest of top energy companies from Asia to Europe, according to people familiar with the matter, even as the government continues to work out terms for the auction.The South…

Equinor Makes Norway's First Offshore Discovery of 2023

Jan 18, 2023

The Norwegian oil and gas company Equinor Energi AS, operator of the production license 1128 offshore Norway, has concluded the drilling of wildcat well 6605/1-2 S and appraisal well 6605/1-2 A and made a gas discovery, the Norwegian Petroleum Directorate said Wednesday…

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