MOL Norge has completed exploration well 3/7-11 S, targeting the Vinstra and Otta prospects in PL539 in the North Sea. Both targets were dry.
The Gloria platform is the first offshore drilling platform in Romania.
Norwegian offshore drilling company Dolphin Drilling has awarded a logistics contract to its compatriot NorSea.
Offshore accommodation company Prosafe has informed that its flagship flotel Safe Zephyrus has reached BP’s Clair Ridge platform located West of Shetland.
Recent long-term offshore drilling contract awards might not fit with investors’ expectations, but it’s the expectations that are the problem, not the reality.
Russian oil and gas company Gazprom has found two offshore gas fields in the Russian Arctic containing a total of 500 billion cubic meters of gas.
Zennor Petroleum has completed drilling and testing operations at its operated Finlaggan field development in the UK Central North Sea.
Siccar Point Energy has started drilling at its Lyon prospect located north of the Shetland Islands, using a Diamond Offshore-owned semi-submersible rig
Italian contractor Saipem has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.
Oil and gas company Vår Energi has received consent from the Norwegian Petroleum Safety Authority to use the Saipem-owned Scarabeo 8 drilling rig.
Offshore driller EnscoRowan has won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case.
While Maersk Drilling’s 1Q 2019 result was impacted by lower day rates and expiry of legacy contracts, the driller expects improved market fundamentals with increased utilization and higher day rates in the longer term.
Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy as new contracts and extensions pour in for the driller. In its fleet status report published on Thursday Maersk Drilling said that several new contracts and extensions were signed during the first quarter of
Offshore drilling company Transocean has started a private note offering in a push to raise $500 million.
