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Exploration & Production

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Fossil EnergyBusiness & Finance
International offshore rig count sinks in January
Exploration & Production

International offshore rig count sinks in January

The international offshore rig count for the first month of the year was down both sequentially and year over year, according to rig count reports by the oilfield services provider Baker Hughes. Baker Hughes’ report shows that the international offshore rig count for January 2017 was 206, down 4 fro

about 9 years ago
Songa rig heads back to field following repairs
Exploration & Production

Songa rig heads back to field following repairs

Drilling contractor Songa Offshore has informed that the Cat D rig Songa Encourage is on its way back to a field offshore Norway following repairs of a damage caused by recent water leak. To remind, following the water ingress in the rig’s pump room on January 2, 2017, the Songa Encourage has been a

about 9 years ago
Maersk Drilling rig no longer named after Azeri president
Exploration & Production

Maersk Drilling rig no longer named after Azeri president

Maersk Drilling’s semi-submersible drilling rig Heydar Aliyev, working for BP in Azerbaijan, has been renamed back to its original name, the Maersk Explorer. Maersk Drilling told Offshore Energy Today that the rig name was changed back to its original one, Maersk Explorer, about a month ago, per agr

about 9 years ago
Norwegian union slams offshore driller for cheap labor use
Exploration & Production

Norwegian union slams offshore driller for cheap labor use

Norwegian offshore workers’ union Industri Energi has discovered social dumping on the Ocean Rig-owned rig Leiv Eiriksson, which is working for Lundin offshore Norway. According to the European Foundation (Eurofound), despite an increase in usage of the expression, there is still no clear, universal

about 9 years ago
Johan Sverdrup resource estimate unchanged after appraisal well drilled
Exploration & Production

Johan Sverdrup resource estimate unchanged after appraisal well drilled

Norway’s Statoil has completed drilling of an appraisal well on the Johan Sverdrup field in the Norwegian section of the North Sea. The 16/2-22 S well, located at the field some 155 kilometers northwest from Karmøy, was drilled approximately two kilometers northwest of appraisal well 16/2-9 S. The o

about 9 years ago
Statoil hits gas at Valemon field
Exploration & Production

Statoil hits gas at Valemon field

Statoil Petroleum has made a gas discovery after drilling an exploration well at the Valemon field in the North Sea, two years after Valemon came on stream. The well 34/11-6 S was drilled in production licence 193 D, from the Valemon platform, 160 km northwest of Bergen. The discovery is called Vale

about 9 years ago
Report: ConocoPhillips keeps COSL’s accommodation rig for Judy
Exploration & Production

Report: ConocoPhillips keeps COSL’s accommodation rig for Judy

ConocoPhillips has reportedly extended its charter agreement for COSL’s accommodation rig, the COSLRival, currently operating on the Judy field in the UK North Sea. According to reports from the news website Petro.no (Norwegian language only), the contract for the COSLRival accommodation rig was ext

about 9 years ago
Repsol Sinopec awards more time to Prosafe’s flotel
Exploration & Production

Repsol Sinopec awards more time to Prosafe’s flotel

Repsol Sinopec Resources UK, formerly Talisman Sinopec Energy UK, has exercised further options to extend the charter for Prosafe’s flotel Safe Boreas. Prosafe informed on Monday that the extension is for a total of 17 days. The firm operational period of the Safe Boreas at Montrose A in the UK sect

about 9 years ago
New offshore driller takes two jack-up rigs from Hercules
Exploration & Production

New offshore driller takes two jack-up rigs from Hercules

Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, has taken delivery of two jack-up drilling rigs from the bankrupt drilling contractor, Hercules Offshore. Borr announced the delivery of two rigs last Tuesday, January 24. The jack-up rigs were renamed Frigg, for

about 9 years ago
Lundin to drill Edvard Grieg appraisal with ‘Island Innovator’
Exploration & Production

Lundin to drill Edvard Grieg appraisal with ‘Island Innovator’

Oil company Lundin has received consent from the Petroleum Safety Authority (PSA) to carry out exploration drilling on the Edvard Grieg field, off Norway, with the Island Innovator rig. Lundin is the operator of the Edvard Grieg field, in the North Sea, around 140 kilometers west-southwest of Stavan

about 9 years ago
Bassoe: Pay now or pay later – the art of rig stacking and reactivation
Exploration & Production

Bassoe: Pay now or pay later – the art of rig stacking and reactivation

With over 70 ultra deepwater floating rigs stacked and waiting for contracts and over 20 newbuilds sitting virtually complete at shipyards under deferred delivery agreements, offshore rig reactivation risk stands in the way of market recovery, writes David Carter Shinn, a partner at Bassoe Offshore,

about 9 years ago
Green light for Songa Encourage rig to work on Norne field
Exploration & Production

Green light for Songa Encourage rig to work on Norne field

Norwegian oil company Statoil has received consent from the Petroleum Safety Authority (PSA) to use the Songa Encourage rig for well activities at Norne field, Norne satellites, and Alve, off Norway. Statoil is the operator of the Norne field in the Norwegian Sea, west of Mo i Rana in Nordland count

about 9 years ago
Total hires Safe Caledonia accommodation rig
Exploration & Production

Total hires Safe Caledonia accommodation rig

Prosafe has secured a contract with Total to deploy one of its flotels to the UK North Sea. Under the agreement, Total E&P UK will hire the Safe Caledonia semi-submersible accommodation rig at the Elgin-Franklin offshore platform. The firm period of the contract is 134 days plus additional 30 days o

about 9 years ago
Dolphin semi-sub gets Statoil extension
Exploration & Production

Dolphin semi-sub gets Statoil extension

Offshore drilling contractor Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has entered into a one-well contract extension with Statoil for use of the semi-submersible drilling rig Bideford Dolphin. The driller said on Tuesday that the contract is for operation on the Norwegian Continental Sh

about 9 years ago
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