Search results for: Maersk Venturer

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  • 20 November 2014
    Business & Finance, Exploration & Production, Project & Tenders

    Maersk Drilling has informed that its drillship Maersk Venturer has started operations for Total in Malaysia.  Offshore Energy Today has recently reported that Maersk Venturer has secured a short term contract with oil major Total, and now the company has released an update on its Twitter account saying that the drillship is kicking off Malaysia operations. According […]

  • 27 October 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Maersk Drilling’s third drillship, Maersk Venturer, which was delivered September 25, 2014 from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si in South-Korea, has secured a short term contract with oil major Total. Maersk Venturer will start a one well programme offshore Malaysia with an estimated duration of 45 days with potential extension up to 40 […]

  • 3 August 2015
    Exploration & Production, Project & Tenders

    Otto Energy has started drilling at the Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines. According to Otto Energy, the Hawkeye-1 was spud on July 31, 2015. In a statement issued Monday the operator said the 36” conductor had been run to 1,906 metres and the 26” hole subsequently drilled to 2,449 metres. Current operations are […]

  • 24 March 2020
    Business & Finance, Exploration & Production

    Maersk Drilling has received a notification from Tullow Oil of early termination for convenience of the drilling contract for the drillship Maersk Venturer.

  • 1 December 2015

    French oil major Total has hired a drillship for its offshore drilling campaign in Uruguay. The company, which hired the Maersk Venturer drillship from Danish driller Maersk Drilling, will start drilling in March 2016. According to Maersk Drilling, the value of the contract is $44 million, excluding mobilisation. According to Marine Traffic, the rig is […]

  • 26 June 2015
    Exploration & Production

    Red Emperor Resources NL has announced an oversubscribed placing, through its London Broker, Brandon Hill Capital, and its Australian Broker, 708 Capital, of 72,000,000 new ordinary shares at 4 pence (A$0.08) per share to raise £2.88 million (A$5.76m) before expenses. Proceeds from the raise and existing cash resources will principally be used to fund the upcoming drilling and potential appraisal […]

  • 27 October 2014
    Business & Finance, Exploration & Production

    Maersk Drilling’s third drillship, Maersk Venturer, which was delivered on September 25, 2014 from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si in South-Korea, has secured a short term contract with oil major Total. Maersk Venturer will start a one well programme offshore Malaysia with an estimated duration of 45 days with potential extension up […]

  • 2 March 2015
    Business & Finance, Exploration & Production

    Otto Energy Ltd has signed a farm-out agreement for a 15 % interest in the SC55 block, offshore the Philippines, with Red Emperor Resources NL. Red Emperor, listed on the ASX and AIM , has agreed to farm-in to SC55 and earn a 15% working interest by participating in the drilling of the Hawkeye-1 exploration […]

  • 3 January 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    Maersk Drilling has been awarded a four-year contract for the deepwater drillship Maersk Venturer by Tullow Ghana. The contract, which was signed December 2017, is expected to begin in February 2018 and covers development drilling on the Jubilee and TEN fields offshore Ghana. Maersk Venturer is currently in transit for the job offshore Ghana thereby […]

  • 24 January 2014
    Business & Finance

    Maersk Drilling’s second and third ultra deepwater drillships were named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, […]

  • 17 August 2015
    Exploration & Production, Project & Tenders

    Otto Energy has encountered hydrocarbons shows at its exploration well, offshore Palawan in the Philippines, but the volumes appear to be sub-commercial. According to a partner in the project, Red Emperor Resources, the exploration well named Hawkeye-1 was drilled to the planned total depth of 2,920m with the top reservoir intersected at 2,710m. Hydrocarbons were logged […]

  • 30 July 2015
    Exploration & Production, Project & Tenders

    With the drillship Maersk Venturer loaded out and now at the Hawkeye drilling location, offshore the Philippines, Otto Energy will spud the Hawkeye-1 well over the coming weekend.  Red Emperor Resources, a Joint Venture partner in the prospect with 15% interest, said Thursday that drilling will start once the rig has been accurately secured over the required drilling […]

  • 5 May 2015
    Exploration & Production, Project & Tenders

    Otto Energy Ltd has executed a binding contract with Maersk Drilling to secure the Maersk Venturer ultra-deep water drillship for the Hawkeye-1 exploration well offshore the Philippines.  The Gross Prospective Resource Best Estimate for the Hawkeye Prospect is 112mmbo (74mmbo net to Otto). Otto says that success at Hawkeye will unlock a significant new hydrocarbon play […]

  • 3 January 2018
    Business & Finance, Exploration & Production

    Maersk Drilling has been awarded a four-year contract for the deep-water drillship Maersk Venturer by Tullow in Ghana.

  • 24 January 2014

    Maersk Drilling’s second and third ultra deepwater drillships were named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, […]

  • 24 January 2014
    Business & Finance

    Maersk Drilling’s second and third ultra deepwater drillships were named Thursday morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, […]

  • 28 June 2018
    Business & Finance, Exploration & Production

    Tullow Oil has contracted a second rig to work on its drilling program and accelerate production growth in Ghana. 

  • 10 January 2018
    Exploration & Production

    Offshore drilling companies will be holding their fingers crossed for this one.

  • 24 January 2014

    Samsung Heavy Industries (SHI) on Thursday morning held a naming ceremony for Maersk Drilling’s two new ultra deepwater drillships. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips, had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, Marathon Oil Corporation, had the honour of naming […]

  • 1 April 2016

    First offshore well in four decades is currently being drilled in Uruguay. Being the first well in years to be drilled off the country’s coast is a milestone in itself, however there is more. The well is a world record breaker. It is the deepest offshore well by water depth ever to be drilled. Using […]

  • 24 July 2015
    Project & Tenders

    Red Emperor Resources NL has today received formal notification from the Department of Energy of the Republic of the Philippines that approval for the assignment of the company’s 15% working interest in Block SC55 has been granted. This was the final condition precedent to be met with respect to Red Emperor’s farm-in agreement with Otto […]

  • 11 November 2014
    Exploration & Production

    Denmark’s Maersk Drilling made a 3Q 2014 profit of $192 million, compared to 3Q 2013 profit of $148 million, including a gain of $73 million after tax due to divesting the Venezuela activities. Maersk Drilling divested the activities in Venezuela in September. The activity generated revenue of USD 195m in 2013. Excluding the gain from […]