You searched for seadrill - Page 31 of 58

Bassoe: Mind-numbing boredom consumes the offshore rig market, but it won’t last

11 February 2019

Exploration & Production

It’s gotta stop at some point. And it will. There’s more excitement coming.

Singapore: Jurong Shipyard Orders Drilling Equipment from TTS for New Jack-Up Rig

20 June 2011

Business & Finance

Through its subsidiary TTS Energy AS, TTS Group ASA has signed a Letter of Intent with Jurong Shipyard Pte Ltd in Singapore, for delivery of a high performance drilling equipment package for a new CJ70 Jack-up to be built for North Atlantic Drilling Ltd. The contract has a value of approximately NOK 350 million plus […]

BP terminates another rig contract

31 March 2015

Business & Finance, Exploration & Production

UK-based offshore drilling contractor Ensco has, from oil company BP, received a notice of early termination for ENSCO DS-4, a drilling rig operating in the U.S. Gulf of Mexico. The estimated effective date of the contract termination is July 2015 based on the projected completion of the customer’s current well program. Under the terms of […]

Oslo Court: No Strong Evidence against Fredriksen CEO

9 November 2015

Business & Finance

The Oslo District Court said in a ruling on Friday that there was no substantial evidence to support the involvement of now suspended Chief Executive Officer of the Fredriksen Group, Jo Lunder, in Vimpelcom corruption case, Reuters reports. However, Lunder is reported to have remained in custody over the weekend, following a prosecutor’s appeal. Lunder was apprehended by Norwegian police […]

Malaysia: Lundin Petroleum Spuds Bertam-2 Appraisal Well

9 December 2011

Business & Finance, Project & Tenders

Lundin Petroleum AB (Lundin Petroleum) announces that it recently spudded the Bertam-2 appraisal well in the PM307 Production Sharing Contract (PSC) area, offshore Peninsular Malaysia. Bertam-2 is planned to be drilled to a total depth of 1,888 metres by the jack-up rig “Offshore Courageous”. The objectives of the well are to appraise and test the […]

Iran and Kuwait Cooperate on Development of Arash Field

23 July 2012

Business & Finance

Iranian Offshore Oil Company managing director announced that the Islamic Republic of Iran is ready to cooperate with Kuwait, to jointly develop Arash field. Mahmoud Zirkchiyanzadeh said: “Iran emphasize on its positive diplomacy for development of Arash field and is ready to cooperate with Kuwait. He added: “Offshore Oil Company perform activities in the Arash […]

Pacific Drilling to delist from NYSE following Chapter 11 filing

4 November 2020

Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

Trading of Pacific Drilling’s shares on the NYSE has been suspended and the contractor is facing delisting following its Chapter 11 filing last week.

Vår Energi in Goliat West appraisal success

3 January 2019

Vår Energi has found oil and gas at its appraisal well 7122/7-7 S on the Goliat oil field in the Barents Sea offshore Norway.

NADL delays West Rigel rig again. Exploring ‘JV’ with Jurong

7 June 2016

Exploration & Production

Offshore drilling contractor North Atlantic Drilling could set up a joint venture company with a Singapore shipyard. Namely, the Seadrill subsidiary on Tuesday said it would extend its standstill agreement for the delivery of the West Rigel semi-submersible drilling rig from Jurong Shipyard in Singapore. The drilling company explained that the delivery date has now […]

Transocean drillship gets $111 million to stay longer at drilling gig offshore India

18 December 2024

Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

Switzerland-based Transocean has secured a multi-well contract extension for one of its drillships off the coast of India.

Malaysia’s SapuraKencana enters $5B refinancing deal

20 March 2014

Malaysia’s SapuraKencana Petroleum Berhad has successfully concluded and signed a RM16.5 billion (US$5 billion) refinancing club deal with 13 local, regional and international banks. The refinancing program was put in place to replace and streamline facilities that were inherited following the merger of SapuraCrest Petroleum and Kencana Petroleum in 2012. It was also undertaken for […]

Equinor bites dust in North Sea well

30 April 2020

Business & Finance, Business Developments & Projects, Exploration & Production

Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea off Norway.

Equinor cleared to use West Phoenix rig for Norwegian Sea well

4 June 2019

Exploration & Production

Equinor has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the Norwegian Sea using the West Phoenix drilling rig.

Equinor picks up drilling permit for Ragnfrid Nord prospect

24 August 2018

Exploration & Production

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea.

BHP Billiton hits pay in Caicos well

6 October 2016

Exploration & Production

BHP Billiton has announced positive drilling results at the Caicos exploration well in the Gulf of Mexico. Located in Green Canyon 564 where BHP Billiton has 100% interest, this well is approximately 100 miles south of the Louisiana coast in the deepwater Gulf of Mexico. The company said on Wednesday that Caicos was drilled to […]

CEO of Fredriksen Group Arrested in Norway

5 November 2015

Business & Finance

Chief Executive Officer of the Fredriksen Group, Jo Lunder, was arrested by Norwegian police in Oslo on Wednesday, Reuters reports. Lunder acted as former head of Russian mobile operator VimpelCom from 2011 till 2015, before he was appointed head of the Fredriksen Group in May this year, a role he assumed in September. According to Russian state-funded television network, RT […]

Oceanteam Shipping Gets New Captain

25 July 2016

Business & Finance

Oceanteam Shipping has appointed Holger Reurslag, an experienced offshore energy player with a 25-year career in the offshore construction, drilling and production sector, to the role of the Company Captain. As the Company Captain, Reurslag will be responsible for a wide range of managerial tasks, including the management of the vessel’s crew and the execution of quality, health, safety […]

Santos Finds Gas Off Bangladesh

16 February 2012

Australia’s Santos announced that Sangu-11 in Bangladesh has penetrated a new gas reservoir in the Sangu area with approximately 20 metres of good quality gas pay. The well will be completed and tied into the Sangu facilities and will provide incremental gas to Chittagong in the coming months once marketing arrangements have been finalised. Work […]

Equinor bites dust in North Sea well

18 May 2020

Business & Finance, Business Developments & Projects, Exploration & Production

Equinor has drilled a dry well near the Fram field in the North Sea offshore Norway.

China: TSC Provides Equipment for Dalian-Built Jack-Up Rigs

3 July 2013

TSC recently signed a contract with Dalian Shipbuilding Industry Company (“DSIC”) to provide equipment (BOP Cranes, Conductor Tensioning Units and Rack Cutting) for four units of JU2000E Jack-up drilling rigs to be built by DSIC. The total contract value is approximately US$17.59 million and will be completed by the first quarter of 2014. The rigs […]

ExxonMobil to Use West Alpha for Balder Subsea Installation

8 December 2014

Operations & Maintenance

ExxonMobil has received consent to use West Alpha for production drilling, completion and installation of subsea equipment on the Balder field. Balder was the first oil field to be discovered on the Norwegian Continental Shelf, with Esso as the sole licensee in production licence 001. This happened as far back as 1967, more than two […]

Norsafe lifeboats for Culzean FSO

30 August 2016

Business & Finance, Equipment

Norsafe has signed a contract with Singapore-based drilling rig builder Sembcorp Marine to deliver freefall lifeboats and davit systems for and ‘FSO to be installed in the UK sector of the North Sea.’ While Norsafe does not reveal the name of the North Sea project, it is safe to say that the FSO is destined for […]