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Exploration & Production

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Fossil EnergyBusiness & FinanceProject & Tenders
Sevan Drilling still stalling Chinese rig delivery decision
Exploration & Production

Sevan Drilling still stalling Chinese rig delivery decision

Offshore drilling contractor Sevan Drilling needs more time to decide whether to further postpone the delivery of its Sevan Developer rig built in China. Sevan ordered the cylindrical rig from Chinese shipbuilder Cosco in 2011. The rig was originally scheduled for delivery in the third quarter of 20

about 9 years ago
Aker BP cleared to use Transocean rig for Alvheim wells
Exploration & Production

Aker BP cleared to use Transocean rig for Alvheim wells

Norwegian oil company Aker BP has received consent from the offshore watchdog, the Petroleum Safety Authority (PSA), to use the Transocean Arctic rig to drill two production wells on the Alvheim field, off Norway. The two wells are designated 24/6-A-6 and 24/6-A-7 and are to be drilled in Boa, which

about 9 years ago
Nod for Eni to drill two Goliat wells using ‘Scarabeo 8’
Exploration & Production

Nod for Eni to drill two Goliat wells using ‘Scarabeo 8’

The Norwegian safety watchdog, the Petroleum Safety Authority (PSA), has given Eni consent to use the Scarabeo 8 drilling rig at the Goliat field in the Barents Sea. The regulator said on Tuesday that the Scarabeo 8 rig would drill two production wells. One of the two wells to be drilled will be use

about 9 years ago
Norway’s CCB and Safe Yards team up for rig winterization
Exploration & Production

Norway’s CCB and Safe Yards team up for rig winterization

Norwegian base for supply activities to the petroleum fields, Coast Center Base (CCB), and Safe Yards have entered into a close cooperation agreement for the winterization of drilling rigs. The two companies said in a joint statement that the cooperation agreement was signed on Friday, May 26. Svein

about 9 years ago
Offshore watchdog looks into structural safety at ‘COSLPromoter’
Exploration & Production

Offshore watchdog looks into structural safety at ‘COSLPromoter’

The Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has found an improvement point during an audit of the COSLPromoter semi-submersible drilling rig. The PSA said on Monday that the audit of the rig was done in the domain of structural safety. The safety body said that the audi

about 9 years ago
Faroe spuds Brasse appraisal well
Exploration & Production

Faroe spuds Brasse appraisal well

Oil and gas company Faroe Petroleum has started drilling its operated Brasse appraisal well 31/7-2S in the Norwegian sector of the North Sea. Faroe announced the Brasse oil and gas discovery in PL740, where it holds 50% interest, in July 2016. The main wellbore 31/7-1 encountered an 18 meter gross g

about 9 years ago
Seadrill makes headway with restructuring plans
Exploration & Production

Seadrill makes headway with restructuring plans

Offshore driller Seadrill has said it has made progress with its restructuring plans which may involve Chapter 11 solution. In April, the company reached an agreement with its bank group to extend the comprehensive restructuring plan negotiating period until July 31, 2017, reflecting significant pro

about 9 years ago
Statoil begins offshore exploration campaign in Barents Sea
Exploration & Production

Statoil begins offshore exploration campaign in Barents Sea

Norwegian oil giant Statoil has kicked off its offshore exploration campaign in the Barents Sea off Norway by starting a new exploration well. The oil firm informed through its social media channels on Monday that the Songa Enabler Cat D drilling rig started drilling the exploration well at 01:45 la

about 9 years ago
Nod for Statoil to use ‘Bideford Dolphin’ on Vigdis
Exploration & Production

Nod for Statoil to use ‘Bideford Dolphin’ on Vigdis

Statoil has received consent from the Petroleum Safety Authority (PSA) to use the Bideford Dolphin drilling rig for production drilling at Vigdis field offshore Norway. Vigdis is an oil field in block 34/7 at the Tampen area of the Norwegian North Sea. The field, which is in 280 meters of water, has

about 9 years ago
‘Bideford Dolphin’ to drill extra well for Statoil
Exploration & Production

‘Bideford Dolphin’ to drill extra well for Statoil

Norwegian oil company Statoil will use Bideford Dolphin drilling rig for yet another well on the Norwegian Continental Shelf. According to a Friday Oslo Stock Exchange filing by Fred. Olsen Energy, a parent company of Dolphin Drilling which operates the rig, Statoil has exercised an option for the a

about 9 years ago
Keppel names semi-sub ahead of delivery to Caspian driller
Exploration & Production

Keppel names semi-sub ahead of delivery to Caspian driller

Keppel Offshore & Marine through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to deliver a semi-submersible drilling rig to Caspian Drilling Company, a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR). The rig was named Heydar Aliyev, after the former p

about 9 years ago
Faroe to drill two North Sea appraisal wells
Exploration & Production

Faroe to drill two North Sea appraisal wells

Oil company Faroe Petroleum has received consent from Norway’s Petroleum Safety Authority (PSA) to use the Deepsea Bergen rig to drill two appraisal wells on North Sea production license 740 where the Brasse discovery is located. The oil and gas Brasse discovery was made last June. The production li

about 9 years ago
Green light for Aker BP to use Maersk Invincible rig for Valhall wells
Exploration & Production

Green light for Aker BP to use Maersk Invincible rig for Valhall wells

Oil company Aker BP has received consent from the Norwegian Petroleum Safety Authority (PSA) to use the Maersk Invincible jack-up rig for plugging wells at the Valhall field in the North Sea. The offshore safety watchdog said on Monday that the consent applies to the use of Maersk Invincible for per

about 9 years ago
Centrica to treble production, extend life of North Sea oil field
Exploration & Production

Centrica to treble production, extend life of North Sea oil field

A Centrica-owned oil field in the North Sea has been given a new lease of life following a £35 million ($45.3M) investment. Centrica said on Monday that it will drill a new production well at Chestnut field which aims to more than treble production and extend the life of the field which otherwise wo

about 9 years ago
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