Norwegian oil giant Statoil is preparing to welcome the first of the two high-spec Cat J jack-up rigs built by Samsung Heavy Industries. According to a video shared by the oil firm, the first of the two Cat-J rigs – the Askeladden- is is set to reach Norway next week. A few weeks later, the second [
Austrian oil company OMV has struck oil in the 7324/8-3 well, appraising the Wisting discovery in the Barents Sea. The well was drilled about two kilometers south of the discovery well 7324/8-1 and 315 kilometers north of Hammerfest. The Norwegian Petroleum Directorate said on Monday that discovery
Heerema Marine Contractors has shared images showing the loading of the semi-submersible crane vessel Hermod on the heavy transport vessel Dockwise Vanguard, marking the beginning of the end for the crane vessel built in 1970s. To remind, HMC announced last week that the company was going to retire
Indebted offshore driller Seadrill Limited has entered into a restructuring agreement with the majority of its lenders which will see over $1 billion of new capital injected into the company. The driller informed on Wednesday the agreement was backed by more than 97 percent of its secured bank lende
Oil company Total E&P UK has extended the charter of the Prosafe-owned flotel Safe Caledonia currently operating in the North Sea. The Safe Caledonia semi-submersible accommodation rig is operating at the Elgin-Franklin offshore platform in the UK sector of the North Sea. Total initially awarded the
Norwegian oil and gas explorer Wellesley Petroleum has failed to find hydrocarbons at its Goanna exploration well offshore Norway. The well, located in licence PL 881 in the Norwegian North Sea, was spud in late August. It is operated by Wellesley with 70% interest and the remaining 30% interest is
An investigation by the Norwegian offshore safety agency, the Petroleum Safety Authority (PSA), into a hydrocarbon leak on the Statoil-operated Åsgard field has revealed that the incident could have led to fatalities had there been personnel in the area. The Åsgard field is located in Haltenbanken i
Norwegian oil company Statoil is unlikely to drill a sidetrack well on the Verbier prospect in the UK North Sea after encountering a water bearing reservoir at its exploration well. Jersey Oil & Gas (JOG), a partner in the well, said on Monday that the exploration well 20/05b-13 drilled on the P.217
Providence Resources, the Irish oil and gas company, is disappointed with well results at the Drombeg prospect in Frontier Exploration Licence (FEL) 2/14 offshore Ireland as the well contains a porous water-bearing reservoir interval. The license is located in the southern Porcupine Basin and it is
Azinor Catalyst, the Seacrest Capital Group-backed E&P company, has found no hydrocarbons in its Partridge well in the UK sector of the North Sea. The 14/11a-2 well on the Partridge prospect was spud with Diamond Offshore’s Ocean Guardian rig in mid-August. Azinor said on Friday that the well was dr
The international offshore rig count for August this year was 201 units, down by 27 units year-over-year, according to a Friday report by Baker Hughes, a GE company. The international rig count includes Latin America, Europe, Africa, Middle East, and Asia Pacific regions. The international rig count
Statoil has been given consent by the Petroleum Safety Authority (PSA) to use the Songa Equinox drilling rig to drill a well on the Troll field in the North Sea. The well named 31/2-S-24 AY1H is located on the Troll field which is some 65 kilometers west of Kollsnes in Hordaland County, dubbed as th
A report into why the Transocean Winner semi-submersible rig grounded on the Isle of Lewis last year has been published, naming poor condition of the tow line and high winds as direct causes of the accident. On Thursday, September 7, 2017, the UK’s Marine Accident Investigation Branch (MAIB) publish
Repsol’s Norwegian unit, Repsol Norge, has received consent from the country’s Petroleum Safety Authority (PSA) for the use of Rowan Stavanger jack-up rig for permanent plugging of wells on the Varg field off Norway. The wells to be plugged are in production license 038 which is in the southern sect
