Lundin Norway has found only traces of hydrocarbons during drilling ops on an appraisal well of the Gohta discovery located in PL492 in the southern Barents Sea, classifying the well as dry. Lundin Norway is the operator of PL492 and holds a 40 percent working interest in the license. Partner Aker B
Wintershall is working to enable the start of oil production from the Maria field offshore Norway in the first half of next year. Wintershall said on Tuesday that the Norwegian Minister of Petroleum and Energy, Terje Søviknes, and Wintershall CEO, Mario Mehren, visited the Deepsea Stavanger rig in t
Offshore drilling contractor Seadrill has reached an agreement with Shelf Drilling to sell three jack-up drilling rigs for a total consideration of $225 million. The rigs included in the agreement are the West Triton, West Resolute and West Mischief. Seadrill said on Monday that The West Triton and
Figures from the 2016 study of trends in risk level in Norway’s petroleum activity (RNNP) show an increase in serious hydrocarbon leaks and well control incidents, Norway’s offshore safety watchdog, the Petroleum Safety Authority (PSA), has said. The major accident indicator is still at too high a l
UK drilling contractor Ensco went from black to red during the first quarter of 2017 as its revenues dropped by 42 percent due to decline in rig utilization and dayrates. The driller on Wednesday posted a net loss of $25.7 million, compared to $175.3 million profit in the year-before period. Revenue
Statoil has awarded Prosafe a contract for the provision of the Safe Zephyrus semi-submersible accommodation vessel for a giant North Sea development – the Johan Sverdrup field. Under the contract, the Safe Zephyrus will support Phase 1 of the Johan Sverdrup hook-up and commissioning project in the
Offshore driller Ensco has been awarded several contracts and contract extensions for its jack-up rigs. In its fleet status report on Monday, the driller said that the 2005-built jack-up rig Ensco 106 was awarded a four-well contract with Sapura Energy offshore Malaysia, which started in March 2017
Offshore driller Odfjell Drilling has been awarded a contract by the Austrian oil firm OMV for the Deepsea Bergen semi-submersible drilling rig. Further to a letter of intent announced back in March, Odfjell Drilling on Friday signed a firm contract with OMV’s Norwegian unit, OMV (Norge) AS, for one
The world is awash with more offshore rigs than it will ever need. But established rig owners can ignore that and focus on the market recovery. By David Carter Shinn Certain trends which signify a rig market recovery have emerged insidiously over the past four months. Now they’re obvious enough to
Prosafe, an owner and operator of semi-submersible accommodation rigs known as flotels, has decided to sell another one of its units for scrap. In a Friday operational update for the first quarter of 2017, Prosafe said it has taken the decision to sell the Safe Regency unit for scrap. The flotel, wh
Offshore drilling contractor Noble Corporation has decided to cold stack one of its drillships. In its latest fleet status report on Thursday, the driller said that the drillship Noble Bully I is en route to Curaçao, preparing to cold stack. The drillship has been working for Shell in the U.S. Gulf
Norway’s Statoil has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the Barents Sea with the Songa Enabler drilling rig. The well is located in block 7219 in production license 532 in the Barents Sea where Statoil is the operator. The offshore safety body
Offshore drilling contractor Rowan Companies has been awarded more work for its jack-up drilling rigs in Saudi Arabia, Norway, and the U.S. Gulf of Mexico. According to its latest fleet status report on Wednesday, Rowan has been awarded a contract extension for the Gilbert Rowe jack-up drilling rig
Spanish oil company Repsol has reportedly hired the Ensco 52 jack-up drilling rig, owned by the UK driller Ensco. According to VesselsValue, the contract fixed on April 18, 2017, is for two months and for an undisclosed fee. Offshore Energy Today has reached out to Repsol, seeking confirmation and m
