German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The Cuvette discovery was made in production license 248…
Oilfield services company Diamond Offshore Drilling this month said it would permanently shut its West Vela rig, which had operated in the U.S. Gulf of Mexico, resulting in 190 job losses, according to a regulatory filing.The job cuts will be effective Aug…
Norway-based oil and gas company BlueNord has started drilling operations at the Harald East Middle Jurassic well (HEMJ), which could start delivering gas by the end of 2024, set to be exported through the Tyra East facilities.The HEMJ was spudded in the Harald East area…
Esgian provides an update on Noble and Diamond Offshore’s announcement of merger plans in its Week 24 Rig Analytics Market Roundup.Report SummaryContractsADES has completed the signing of a drilling contract for a jackup with Suez Oil Company (SUCO) in Egypt…
Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction…
Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together…
Murphy Oil Corporation has exercised its option for the drillship Noble Stanley Lafosse to drill five additional wells in the Gulf of Mexico.The extension is expected to span one year and has an estimated contract value of $177 million, according to Noble Corporation…
China’s state-run China National Offshore Oil Corporation (CNOOC) has made a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea.Lingshui 36-1 gas field is located in western South China Sea, with an average water depth of approximately 1…
The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…
Brazilian deepwater drilling firm Ventura Offshore Holding has been listed for public trading at Euronext Growth in Oslo, Norway.On March 8, 2024, Ventura Offshore Holding entered into a share purchase agreement (SPA) with Petroserv Marine regarding…
Offshore drilling firm Shelf Drilling has secured a contract from Chevron's Angola subsidiary for its Shelf Drilling Tenacious jack-up rig for drilling operations offshore West Africa.The total added value of the contract is $66 million, according to Shelf Drilling…
Offshore drilling contractor Transocean has secured contract extensions for three of its harsh environment semisubmersibles, worth approximately $161 million.In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor…
Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has denied acknowledgement of compliance (AoC) application for Shelf Drililng’s Barsk jack-up, consequently delaying the drilling assignment with Equinor on the Sleipner Vest field…
Shell, the operator of Pensacola discovery in the North Sea, has granted short period of additional time to partner Deltic Energy to secure funding associated with its share of costs for an appraisal well.In its capacity as Licence Operator of P2252…
BW Energy has increased recoverable reserves estimates for the Hibiscus field, offshore Gabon, following the recent oil discovery on the northern flank of the field.BW Energy has now concluded the drilling and the logging of the DHIBM-7P pilot well…
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