Statoil has decided to cancel the contract with Seadrill for the West Hercules semisubmersible drilling rig. The rig has been on contract with Statoil since 31 January 2013, performing an exploration campaign offshore Newfoundland in Canada for the past 18 months…
Saudi Aramco has extended a contract with Hercules Offshore for the Hercules 266 jackup, for work offshore Saudi Arabia. The contract extension will last until 30 June at a dayrate of US$63,650. The original contract was set to end this month…
Byron Energy’s attempt to drill a sidetrack well to SM 6#2 after a drill pipe became stuck has turned out to be unsuccessful in the Gulf of Mexico, with the company abandoning the well and moving on to another. The Hercules 205…
Noble Corp. anticipates the Noble Lloyd Noble newbuild jackup to have a delivery delay from the Sembcorp Marine Tanjong Kling shipyard, in addition to a delayed delivery date to Statoil due to damage endured to the rig last month. The…
Saudi Aramco is reducing dayrates by 5% with Hercules Offshore for three jackup rigs. On 9 March, Saudi Aramco sent Hercules a notice of the reductions for five-year contracts for the Hercules 261 and Hercules 262 from US$67,000 per day to $63…
Unmanned marine systems software firm SeeByte's CoPilot system has been integrated into the workclass ROVs on Subsea 7's Normand Oceanic. CoPilot is an advanced, plug-and play software that makes piloting any ROV a much simpler task…
Most of the news in the rig market is bad, but there are bright spots if you look hard enough. Audrey Leon sets out the details. Image from OE Staff. Not much has changed for…
Byron Energy mobilized the Hercules 205 jackup drilling rig to the SM 6 #2 well location in the Gulf of Mexico last week, and expects to spud the well this week. Hercules 205. Image from Hercules Offshore…
DOF Subsea inked US$30.8 million (NOK 270 million) in IMR and subsea installation contracts in the Asia Pacific and Atlantic regions that will use the company’s subsea project fleet. Skandi Hercules…
Mastering high-pressure, high-temperature reservoirs has been a UK North Sea challenge for more than a decade. Maersk Oil is taking lessons learned by others and applying them to the Culzean field. The Culzean wellhead jacket under fabrication…
For the offshore floating rig market, the downturn presented the perfect storm: too many rigs, not enough demand, and with some 200 newbuilds set to enter the market over the next decade. Audrey Leon reports. The Maersk Developer…
A new report from the US Bureau of Safety and Environmental Enforcement (BSEE) blamed the crew working Walter Oil & Gas’ South Timbalier Block 220 Well A-3, 55mi off Louisiana, for a well control incident that caused a blowout and fire onboard…
Singapore-based Sembcorp Marine has won the engineering, procurement and construction contract for Maersk Oil's US$4.5 billion Culzean development in the North Sea. Under the $1 billion contract, the firm's subsidiary SMOE will build the development's central processing facility…
UK authorities have given the green light to one of the largest new field discoveries in the UK North Sea – Maersk Oil’s £3 billion (US$ 4.5 billion) Culzean development. The project has been welcomed as a “clear signal the North Sea…
Houston-based Hercules Offshore has filed for Chapter 11 bankruptcy protection with a pre-packaged deal that will send the company into a reorganization and financial restructuring. Image from Hercules…
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