Search results for: Island Drilling

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  • 16 March 2017
    Business & Finance, Exploration & Production

    After finding itself in dire straits, the Norwegian offshore drilling contractor Island Drilling ASA has made a decision to take on financial restructuring, which will involve a change from a public to a private company. Island Drilling was formed in 2006 by industry veterans and the well intervention player, Island Offshore, which owns the biggest chunk […]

  • 27 June 2017
    Business & Finance, Exploration & Production

    Offshore driller Island Drilling Company has been awarded a drilling contract with the Austrian oil firm OMV in Norway.  The contract is for one well at the Wisting license, located in PL 537 in the Barents Sea, with the rig Island Innovator. Start-up is scheduled for the third quarter of this year, Island Drilling said […]

  • 11 March 2015

    Island Drilling, a Norwegian drilling contractor owning the Island Innovator semi-submersible drilling rig, has recorded a net loss of $51.5 million in the fourth quarter of 2014. The company has said that due to the general decline in the market values for drilling rigs, it has taken an impairment charge on the Island Innovator rig value of […]

  • 22 March 2019
    Business & Finance, Exploration & Production

    Norwegian offshore driller Island Drilling has been awarded a contract by CNOOC for the Island Innovator rig for operations offshore the UK. 

  • 1 September 2017
    Business & Finance, Exploration & Production

    Offshore driller Island Drilling has received a letter of award for a drilling operation with Centrica in Norway. Centrica has awarded the contract on behalf of Production License 433 on the Norwegian Shelf. Island Drilling said on Friday that the operation is for one HTHP appraisal well at the Fogelberg field 6506/9 – 12 with […]

  • 3 May 2019
    Business & Finance, Exploration & Production

    Offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea. 

  • 14 August 2019
    Business & Finance, Exploration & Production

    Island Drilling Company has received a letter of intent from Capricorn Norge for operations in the North Sea offshore Norway.

  • 4 June 2014
    Business & Finance

    On 3 June 2014 Premier Oil plc signed a contract for a dynamically positioned, harsh environment semi-submersible drilling rig, FOGL, the oil and gas exploration company focused on its extensive licence areas offshore the Falkland Islands, said today. In addition, several other related contracts have also been entered into and these include a rig sharing […]

  • 9 March 2012
    Business & Finance

    The Ocean Columbia jack-up rig was recently successfully installed at the Eugene Island-184 platform on the 17 February 2012. Drilling operations commenced on the planned sidetrack of the A2 production well on 18 February. A window was successfully milled in the casing from 7,594 to 7,607 feet and the well has been drilled to a […]

  • 4 October 2012
    Business & Finance

    Providence Resources an Irish based offshore oil and gas exploration and production company, has been awarded a Foreshore Licence (“Licence”) over an area in the Kish Bank Basin, offshore Dublin. The Licence was awarded by the Foreshore Unit of the Irish Department of Environment, Community and Local Government. This Licence permits the carrying out of […]

  • 12 December 2019
    Business & Finance, Exploration & Production

    Offshore drilling contractor Island Drilling has been awarded a contract with OMV in Norway. 

  • 6 November 2019
    Business & Finance, Exploration & Production

    Island Drilling Company has signed a contract with Capricorn Norge, a subsidiary of Cairn Energy, for operations in the North Sea offshore Norway.

  • 13 August 2014

    In case of a substantial oil discovery, Repsol and its partners are expected to invest up to $10 billion for the development of the project.

  • 2 October 2014
    Business & Finance, Operations & Maintenance

    Noble Energy has confirmed plans to resume exploration drilling in the Falkland Islands in 2015 following the acquisition and evaluation of an extensive 3D seismic program over portions of the Company’s 10 million acre position. The Company’s initial operated prospect has been named Humpback and is located in the Fitzroy sub-basin of the Southern Area License. The […]

  • 1 October 2014

    Noble Energy, Inc. today confirmed plans to resume exploration drilling in the Falkland Islands in 2015 following the acquisition and evaluation of an extensive 3D seismic program over portions of the Company’s 10 million acre position. Noble Energy’s initial operated prospect has been named Humpback and is located in the Fitzroy sub-basin of the Southern Area […]

  • 12 January 2018
    Exploration & Production

    Spirit Energy has received consent from the PSA for drilling and testing wildcat wells in the Norwegian Sea with the Island Innovator rig.

  • 16 March 2020
    Exploration & Production

    The Norwegian Petroleum Directorate has granted Capricorn Norge a drilling permit for a wildcat well in the North Sea.

  • 28 February 2017
    Exploration & Production

    Norwegian project engineering company Semco Maritime has completed the upgrade project on the Island Innovator semi-submersible drilling rig.  Semco said on Tuesday that the rig left the company’s yard at Hanøytangen on Friday, February 24. The rig has been in the yard since September 2016. After various modification and service work, the rig will now […]

  • 24 February 2020
    Exploration & Production

    Norway’s Petroleum Safety Authority has given its consent to Capricorn for exploration drilling in the North Sea, using the Island Innovator drilling rig. 

  • 11 May 2020
    Business developments & projects, Exploration & Production, Infrastructure, Project & Tenders

    Austrian oil and gas company OMV has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Island Innovator drilling rig.

  • 4 June 2014
    Business & Finance

    Ocean Rig UDW Inc. has signed a drilling contract for one of its semi-submersible drilling rigs, the Eirik Raude. The drilling contract is for a minimum six-well program, with an estimated duration of about 260 days, for drilling offshore the Falkland Islands, with an estimated backlog of approximately $165 million. The rig is scheduled to […]

  • 26 July 2018
    Exploration & Production

    DEA Norge has received consent from the PSA to drill an exploration well in the Barents Sea using the Island Innovator rig.