Offshore Drilling News - page 120

 

Woodside Halts Some Activity in Myanmar After Coup

Feb 02, 2021

Australia's Woodside Petroleum has put some activity on hold in Myanmar after generals seized power and detained elected leader Aung San Suu Kyi, and said on Tuesday it was monitoring the changing situation in the country.Woodside has been working…

Awilco Drilling CEO Resigns as Rig Cancellations 'Change Prerequisites'

Feb 01, 2021

Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which…

Masirah Oil Starts Production from New Well Offshore Oman

Feb 01, 2021

Oil firm Masirah Oil has informed that production has kicked off from the second development well drilled in the Yumna Field, in the Block 50, offshore Oman.The well was spudded on December 10, 2020, using the Shelf Drilling Tenacious jack-up rig…

Eidesvik's PSV to Support Aker BP's Drilling Campaign

Jan 29, 2021

Norwegian offshore vessel operator Eidesvik Offshore has secured a time charter contract with the Norwegian oil firm Aker BP.The contract is for the 2012-built, LNG-powered platform supply vessel Viking Prince.Eidesvik said that the contract for the 89…

Keppel to Exit Offshore Rig Building Business

Jan 28, 2021

Singapore's Keppel Offshore & Marine, a company famous for its offshore rig construction, is set to undergo a major transformation, look for opportunities as a developer and integrator of offshore energy and infrastructure assets, and exit the offshore rig building business…

Biden Pauses Federal Oil & Gas Leasing, Eyes Offshore Wind Growth

Jan 28, 2021

President Joe Biden on Wednesday signed a new raft of executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies, as he pursues green policies he billed as a boon for job creation…

Neptune Energy Starts Drilling at Seagull Development Offshore UK

Jan 28, 2021

Neptune Energy has started drilling on the Seagull oil and gas development in the UK Central North Sea, the company said Thursday.Neptune is using the Gorilla VI (JU-248) jack-up rig, operated by Valaris. The company will drill four wells for…

Biden to Target Drilling, Fossil Fuel Subsidies in New Climate Orders

Jan 27, 2021

President Joe Biden was set on Wednesday to sign executive actions to combat climate change, including pausing new oil and gas leases on federal land and cutting fossil fuel subsidies as he pursues green policies in stark contrast to those of his predecessor Donald Trump…

Siemens to Upgrade Odfjell Drilling's Offshore Rigs to Minimize Emissions

Jan 27, 2021

Norwegian offshore drilling contractor Odfjell Drilling will retrofit two of its deepwater, semi-submersible drilling rigs with the Siemens Energy BlueDrive DC-Grid system, with the aim to reduce emissions.The Siemens Energy BlueDrive DC-Grid…

Chrysaor, Aker BP Obtain Approvals for Offshore Wells in Norway

Jan 27, 2021

The Petroleum Safety Authority Norway has this week given its consent to oil firms Chrysaor and Aker BP to use the COSL Innovator and Maersk Integrator drilling rigs, respectively, for their drilling projects offshore Norway.Chrysaor, which is working to complete its merger with Premier Oil…

Dry Well for Lundin at Bask Prospect in Barents Sea

Jan 26, 2021

Swedish oil and gas company Lundin Energy has not found commercial quantities of hydrocarbons at its exploration well targeting the Bask prospect in the southern  Barents Sea, off Norway.The main objective of the well, drilled by the company's Norwegian subsidiary Lundin Energy Norway…

Offshore Worker Dies in Drillship Incident in U.S. Gulf of Mexico

Jan 26, 2021

An offshore worker died last weekend in an incident aboard a Seadrill drillship deployed on a Kosmos Energy project in the U.S. Gulf of Mexico.'At approximately 1:45 pm Central Time on January 24, 2021, Kosmos Energy learned about the fatality…

Diamond Offshore, Creditors Agree Debt Restructuring Plan

Jan 26, 2021

U.S. offshore drilling contractor Diamond Offshore, which filed for Chapter 11 bankruptcy in April 2020, said Monday it had entered into an agreement with certain creditors over its financial restructuring that should see $2.1 billion eliminated…

ADES Bags Jack-up Rig Deal in Egypt

Jan 26, 2021

Oil and gas drilling rig contractor ADES has secured a new contract for the Admarine 5 jack-up drilling rig in the Gulf of Suez, Egypt.'The contract, secured with a top-tier client, covers a firm six-month period with the option to extend for an additional six months…

Stena Drilling Finds UKCS Work for Stena Don Semi-sub

Jan 25, 2021

Offshore drilling contractor Stena Drilling has signed a drilling contract for its Stena Don semi-submersible drilling rig with the oilfield services giant Petrofac.Stena Drilling said in a social media post on Monday that the drilling operations were due to start in July…

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