280 results found for 'transocean barents'

280 results found for 'transocean barents'
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  • Statoil Secures Rig Capacity for Its 2013/2014 Exploration Program

    15 March 2013
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Statoil secures rig for high impact opportunities supporting the company’s ambition for international growth. Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola. The agreement being managed by Stena Drilling is for a three year […]

  • Wintershall Announces Successful Drilling of Skarfjell South Appraisal Well

    15 January 2014
    Business & Finance, Operations & Maintenance

    Wintershall is well on track in the North Sea: the largest internationally active German crude oil and natural gas producer announces the successful drilling of the Skarfjell South appraisal well on the Norwegian Continental Shelf. The company proved oil and gas in the upper and lower Intra-Heather sandstones of the Skarfjell structure with reservoir properties […]

  • Sterling Expects Cladhan FDP Approval by March End (UK)

    6 March 2013
    Business & Finance

    Sterling Rescources, a Canadian-listed international oil and gas company headquartered in Calgary, in its operational update issued Tuesday informed that a final version of the Cladhan Field Development Plan (“FDP”) was submitted to DECC at the beginning of February 2013. The Cladhan Field is located in the northern North Sea, approximately 100 km north east of the Shetland […]

  • Equinor wins most blocks in Norway’s largest production license offer

    15 January 2019

    Norway’s energy ministry on Tuesday offered 83 production licenses on the Norwegian continental shelf in the Award in Pre-Defined Areas 2018 (APA 2018). Of the 83 blocks offered, Equinor won 29.

  • Statoil Discovers Gas and Oil in Valemon Nord

    11 April 2014
    Business & Finance, Operations & Maintenance, Research & Development

    Statoil has together with the Valemon Unit partners made a gas and oil discovery in the Valemon Nord prospect in the North Sea. The discovery wells 34/10-54 S and 34/10-54 A, drilled by the drilling rig Transocean Leader, are located approximately 10 kilometres north of the planned Valemon installation. The main wellbore 34/10-54 S proved […]

  • TransOman Conference Focuses on Maritime Issues

    30 May 2012
    Business & Finance

    The second day of the TransOman Conference focused on related maritime issues, other than developments and challenges being faced by the sector, via coverage of green port initiatives, maritime skill building and technological solutions and strategies by expert speakers related to the field, during the second half session of the second day of the TransOman […]

  • NOV, Schlumberger to supply wired drill pipes as Equinor preps for more automated drilling

    5 December 2018
    Business & Finance, Equipment

    Norway’s Equinor is stepping up its use of wired drill pipe to acquire subsurface real-time data during drilling operations, in line with the corporate digitalization strategy and to prepare for automated drilling.

  • ‘Safety zone’ declared at Statoil’s drill site. Greenpeace won’t move

    30 May 2014

    Late last night Norway’s Ministry of Petroleum informed the Greenpeace ship Esperanza of the creation of ‘safety zone’ around a drilling site in the Barents sea.

  • Dolphin Drilling dismisses the entire management

    28 May 2019
    Business & Finance, Exploration & Production

    Norwegian offshore drilling company Dolphin Drilling has dismissed all of the employees at its management, including its CEO and CFO, amid restructuring efforts.

  • Bassoe: Ensco and Rowan just created the mother of all offshore drilling rig owners

    9 October 2018
    Exploration & Production

    The merger between Ensco and Rowan will change the entire offshore drilling industry.

  • Popular offshore industry news in 2Q 2019

    1 January 2020

    The most popular news at Offshore Energy Today during the second quarter of 2019.

  • OMV wraps up Wisting appraisal well

    6 April 2016
    Exploration & Production, Project & Tenders

    OMV Norge, operator of production licence 537, is in the process of completing the drilling of appraisal well 7324/7-3 S on the 7324/8-1 (Wisting) oil discovery, located in the Barents Sea.  The well was drilled about 310 km north of Hammerfest by Transocean Spitsbergen semi-submersible drilling rig. The discovery was proven in reservoir rocks from the […]

  • Statoil strikes oil, gas in North Sea (Norway)

    11 April 2014
    Business & Finance

    Statoil Petroleum AS, operator of the production licences in the Valemon Unit, has concluded the drilling of wildcat wells 34/10-54 S and 34/10-54 A in the Norwegian part of the North Sea, the Norwegian Petroleum Directorate has announced. The wells proved oil and gas. The wells were drilled about six kilometres north of the Valemon […]

  • Safety rap for Point Resources and Halliburton over Jotun B incident

    3 July 2018

    The PSA has found serious breaches of regulations during an investigation of a lifting incident involving a falling object on the Jotun B platform.

  • Two North Sea wildcat wells come up dry

    13 September 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Two oil and gas operators have completed the drilling of wildcat wells in the North Sea offshore Norway without finding hydrocarbons.

  • SembMarine: Offshore spending rising, but not for new rigs. New orders expected in production units segment

    20 February 2019
    Business & Finance, Exploration & Production, Infrastructure

    Singapore’s offshore platform and rig builder Sembcorp Marine sees improvements in global spending on offshore exploration and production, however, it does not expect this to reflect on its near-term business volume.

  • Endeavour Shows Significant Progress in 3Q 2012 (USA)

    1 November 2012
    Business & Finance

    Endeavour International Corporation today, November 1, reported third quarter 2012 Adjusted EBITDA of $51.6 million compared to $2.4 million for the same quarter of 2011. On a GAAP basis, for the third quarter of 2012 net loss was $33.7 million as compared to net loss of $63.3 million for the same quarter in 2011. Production […]

  • Lundin Sets 2014 Capex at USD 2.1 Bln

    8 January 2014
    Business & Finance

     Lundin Petroleum AB (Lundin Petroleum) announces its 2014 development, appraisal and exploration budget which totals USD 2.1 billion. The 2014 expenditure on development projects is budgeted at USD 1.4 billion which represents a 25 percent increase on forecast 2013 development expenditure. The 2014 budgeted expenditure on exploration activity is USD 380 million which is approximately […]

  • Wave of consolidation ready to hit the offshore drilling industry (or not?)

    21 September 2017
    Exploration & Production

    By: David Carter Shinn Rig owners’ aversion to consolidation creates a barrier which slows progress toward efficiency. Competition is vital to a well-functioning market. As we’ve seen throughout history, when there are too few players, prices rise and freedom of selection decreases. When there are too many players, growth and profitability become more difficult to attain. […]

  • With Chapter 11 emergence in sight, Seadrill reveals new board members

    18 November 2021
    Business & Finance, Business Developments & Projects

    Seadrill Limited has revealed its new board structure as the company is preparing to emerge from the Chapter 11 bankruptcy.

  • Faroe Petroleum Announces Operational Update (UK)

    26 February 2013
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells […]

  • BP to pay $20.8 billion for Deepwater Horizon spill

    6 October 2015
    Exploration & Production

    The U.S. Government and five Gulf states, Alabama, Florida, Louisiana, Mississippi and Texas, hit by the massive oil spill from the Deepwater Horizon blowout in 2010, have reached a settlement to resolve civil claims against BP. The global settlement is worth more than $20 billion. The explosion and fire which occurred on April 20, 2010, destroyed […]

  • Norway’s tax relief to boost rig demand but UK demand to take the biggest hit, Rystad says

    26 June 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.

  • DNO launches hostile takeover bid for Faroe Petroleum

    26 November 2018
    Business & Finance

    Norwegian oil and gas operator DNO has launched a takeover bid for Faroe Petroleum, an oil company focused on the North Sea oil and gas exploration and production.

  • Transocean, Noble, Valaris, Borr, and Odfjell Drilling fleets’ $23 billion backlog spotlights state of play in booming rig market

    11 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined total backlog of $23.22 billion in the third quarter of 2024, which is higher than $23.03 billion in the second quarter of 2024 and $22.7 billion in the third quarter of 2023.