Drilling News

 

Crogga Gas Field Appraisal Well Could Bring Energy Independence to Isle of Man

Jan 17, 2023

Three60 Energy said Tuesday it had won a contract with Crogga Limited to drill an appraisal well in the Crogga gas field offshore the Isle of Man. If the well proves successful, it has the potential to provide energy independence to the Isle of Man by 2026…

Caribbean Nation to Auction Up to 20 Offshore Gas Exploration Blocks

Jan 17, 2023

Trinidad and Tobago plans an auction this quarter of up to 20 offshore natural gas exploration blocks under new fiscal terms designed to increase the pool of potential bidders, people familiar with the matter said. The Caribbean nation has been…

Ecochlor to Install EcoOne Container Unit on Island Drilling's Offshore Rig

Jan 16, 2023

Norwegian offshore drilling contractor Island Drilling has contracted Ecochlor to install their new EcoOne Container Unit on board the Island Innovator semi-submersible rig.Vidar Vik, Technical Section Leader at Island Drilling, said: 'Our research…

Shell Books Stena Forth Drillship for Exploration Project Offshore Egypt

Jan 16, 2023

Offshore drilling company Stena Drilling has signed a contract with Shell for the use of the Stena Forth drillship in Egypt.The contract was signed with Shell's subsidiaries, BG Delta Limited and BG International Limited.The Stena Forth is expected to start operating for Shell in 2023…

High Impact Drilling Held Steady in 2022, Discoveries Up to 9.2 Billion Barrels

Jan 13, 2023

In a tumultuous year of change in the world, high impact drilling in 2022 remained at a similar level to 2021, with 81 high impact wells completing (Figure 1). Performance improved with discovered resource increasing from 7.4bnboe in 2021 to a preliminary estimate of 9…

Valaris Bags Drilling Contracts in Brazil, U.S. GoM, and UK North Sea

Jan 13, 2023

Offshore drilling firm Valaris said Friday it had recently secured contracts and extensions for its offshore drilling rigs in Brazil, the U.S. Gulf of Mexico, and the UK North Sea.In Brazil, French oil company TotalEnergies exercised an extension option for the VALARIS DS-15 drillship…

Sri Lanka to Open 900 Offshore Blocks for Oil and Gas Exploration

Jan 12, 2023

Sri Lanka is preparing to issue two-year oil and gas exploration licenses for as many as 900 offshore blocks for foreign firms to scout for energy resources and bring in vital investments to the crisis-hit country, a top official told Reuters on Thursday…

Three60 Energy Bags Well Engineering Services Deal with BP

Jan 12, 2023

Offshore energy industry services firm Three60 Energy has said it has secured a significant contract with the oil major BP for the provision of well engineering services across BP's global operations.The five-year Global Service Agreement, effective June 1…

Guyana Eyes Offshore Oil, Gas Blocks Award to Indian Companies in Gov't Deals

Jan 12, 2023

Guyana is looking at awarding oil and gas exploration blocks to Indian companies as part of a broader hydrocarbon cooperation it is negotiating with India, the South American nation's president said on Thursday.Guyana, home to one of the largest oil discoveries in the last decade…

Global Offshore Drilling Outlook – New Play Exploration Appetite Steady But Strong

Jan 12, 2023

Welligence expects global offshore exploration drilling activity in 2023 to remain relatively steady year-on-year, with the majors driving much of the activity in their core regions. Two areas with big impact potential - the Atlantic Basin and…

Aker BP in Drilling, Well Alliances with Noble Corp, Odfjell Drilling, Halliburton

Jan 12, 2023

The Norwegian oil and gas company Aker BP said Thursday it had entered into drilling and wells alliance agreements with offshore drilling firms Noble Corporation, Odfjell Drilling, and oilfield services giant Halliburton. The jack-up rig alliance comprises Noble…

Europa Hires Advisor for Inishkea Gas Prospect Farm-out

Jan 11, 2023

Europa Oil & Gas, a company that owns an offshore block in Ireland containing what it says is the 'significant' Inishkea gas prospect, has hired advisors to help it find a partner to drill at the prospect.Europa has engaged Llamas and Bannister…

UK North Sea: Shell Hits Gas at Pensacola

Jan 11, 2023

Oil major Shell, which is currently drilling the high-impact Pensacola well in the UK North Sea, has encountered gas at the site's reservoir and has recommended to its partners Deltic and One Dyas that a full well testing program be undertaken…

ExxonMobil Wins Exploration Rights Offshore Egypt

Jan 10, 2023

Egypt has assigned ExxonMobil oil and gas exploration rights to two offshore blocks in the outer Nile Delta, according to a company statement on Tuesday.The company's Egyptian subsidiary will operate both blocks and hold 100% interest, with exploration activities expected to start this year…

Norway Awards 47 Offshore Oil and Gas Exploration Licenses

Jan 10, 2023

Norway has awarded 47 new offshore oil and gas exploration permits to 25 firms in its latest mature areas licensing round, the energy minister said on Tuesday. 'Today's award is an important contribution to ensuring that Norway remains a safe and predictable supplier of oil and gas to Europe…

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