Equinor has concluded the drilling of an appraisal well on an oil and gas discovery near the Fram field in the North Sea offshore Norway, but came up dry.
The worldwide offshore rig count in November 2019 increased by four units sequentially and 41 units year-over-year, according to reports by Baker Hughes Company.
Oil and gas company Neptune Energy has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling of two wells in the North Sea using the Deepsea Yantai drilling rig.
Noble has completed the previously disclosed transaction with Shell relating to the two joint ventures in which Noble and Shell each held a fifty percent interest.
Odfjell Drilling and Semco Maritime have signed a contract for preparation and modification of Deepsea Stavanger rig prior to its start of a nine-month drilling campaign for Total in the harsh waters outside South Africa.
Spirit Energy has proved a natural gas discovery in the targeted Carboniferous sandstones of its Andromeda North well located in the UK North Sea, but the discovery is at the “lower end of expectations.”
Northern Drilling is seeing an improvement in demand visibility for the harsh environment drilling rigs, which is supportive of continued recovery and further rate increase in the market.
Offshore drilling contractor Northern Drilling and South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) are in dispute over a canceled drillship order.
Oil major ConocoPhillips has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Tor field using the West Linus drilling rig.
Equinor, Shell, and Total have begun drilling the 31/5-7 Eos wildcat well to investigate whether the reservoir in the deep Johansen Formation was suitable for storage of carbon dioxide (CO2) as part of the Northern Lights project.
i3 Energy has concluded its 2019 drilling program in the UK North Sea with all three wells drilled within budget. i3 will now prepare for a multi-well appraisal planned for the summer of 2020.
Danish offshore drilling contractor Maersk Drilling has secured more work for a jack-up rig and a drillship offshore the UK and Africa, respectively.
The Norwegian Petroleum Directorate (NPD) has given Equinor drilling permits for two wells in the North Sea.
Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.
