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Exploration & Production

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Transocean stacks six rigs, lands new deals
Exploration & Production

Transocean stacks six rigs, lands new deals

Offshore drilling contractor Transocean has stacked six rigs and has received new rig contracts as well as changed dayrates for several of its rigs. In the company’s latest fleet status report, covering a period from April to July 2016, the driller revealed that six rigs have been stacked; the 1999-

about 10 years ago
Maersk Drilling set to lay off 130 workers (Norway)
Exploration & Production

Maersk Drilling set to lay off 130 workers (Norway)

At least 130 workers are set to lose their jobs within Maersk Drilling Norge as drilling rigs go off contract. Given that Maersk Gallant jack-up rig is set go off contract during the fall, and that Maersk Inspirer rig will see its contract with Statoil expire at the end of the year, Maersk Drilling

about 10 years ago
Lundin begins Barents Sea drilling campaign
Exploration & Production

Lundin begins Barents Sea drilling campaign

Lundin Petroleum’s wholly owned subsidiary Lundin Norway has started the 2016 exploration and appraisal campaign in the Loppa High area in the southern Barents Sea. Lundin will be using Ocean Rig’s winterized Leiv Eiriksson semi-submersible drilling rig for the 2016 drilling campaign which consists

about 10 years ago
Zennor looking to bring Flinaggan discovery online by 2019
Exploration & Production

Zennor looking to bring Flinaggan discovery online by 2019

Zennor Petroleum, formerly known as MPX E&P Ltd, an independent UK-based oil and gas company, has appraised the Lower Cretaceous Finlaggan gas-condensate accumulation in the UK North Sea. The appraisal was conducted through well 21/5c-7 and side-track 21/5c-7Z, drilled by the Transocean Sedco 704 dr

about 10 years ago
Transocean rig on its way to drill IOG’s Skipper well
Exploration & Production

Transocean rig on its way to drill IOG’s Skipper well

Independent Oil and Gas (IOG) informed on Wednesday that the rig hired to drill the Skipper appraisal well, located in the UK North Sea, is being towed to the drilling location. IOG recently said the well would be drilled with Transocean’s 1974-built semi-submersible rig Sedco 704. The rig is now on

about 10 years ago
Songa’s fourth Cat D rig gets nod from offshore safety watchdog
Exploration & Production

Songa’s fourth Cat D rig gets nod from offshore safety watchdog

Norway’s offshore safety watchdog, the Petroleum Safety Authority, has given an Acknowledgment of Compliance (AoC) to Songa’s fourth Cat D semi-submersible rig, the Songa Enabler. Songa Enabler is Songa Offshore’s fourth and final Cat D rig, built for and contracted to Statoil. Songa took delivery o

about 10 years ago
Ensco sells semi-subs, drillships, and jack-ups for scrap
Exploration & Production

Ensco sells semi-subs, drillships, and jack-ups for scrap

UK-based offshore drilling contractor Ensco has sold a number of its drilling rigs for scrap value including semi-subs, drillships, and jack-ups. According to Ensco’s latest fleet status report, two 2004-built semi-submersible drilling rigs, Ensco 6003 and Ensco 6004, have been sold for scrap value

about 10 years ago
Engie spuds Cara well offshore Norway
Exploration & Production

Engie spuds Cara well offshore Norway

Engie E&P Norge has started drilling the exploration well PL 636 Cara in the North Sea, off Norway. The Cara well, spudded on Monday, is located 35 kilometers from shore, and approximately 6 kilometers from Gjøa field in the North Sea. Water depth is about 350 meters and both oil and/or gas cases ar

about 10 years ago
Fred. Olsen narrows loss. Sees no improvement in Norwegian floater market
Exploration & Production

Fred. Olsen narrows loss. Sees no improvement in Norwegian floater market

Fred. Olsen Energy, a Norwegian offshore driller, has warned that the depressing conditions in the Norwegian floater market are expected to spill over into 2017 as well. According to the company’s second quarter presentation, where it reported a narrowed second-quarter loss, the company said there h

about 10 years ago
This rig drilled Norway’s first offshore well, and made the country’s first oil discovery
Exploration & Production

This rig drilled Norway’s first offshore well, and made the country’s first oil discovery

The drilling rig shown above was the first unit to have drilled for oil on the Norwegian continental shelf, and the first to discover oil, however, not in one attempt. Conveniently named the Ocean Traveler, the rig had traveled across the Atlantic for 52 days on a 13.000 kilometers-long voyage from

about 10 years ago
IOG gearing up to drill Skipper
Exploration & Production

IOG gearing up to drill Skipper

Independent Oil and Gas (IOG) expects to start drilling the Skipper appraisal well, in the UK North Sea, on July 22, 2016 with Transocean’s 1974-built Sedco 704 semi-submersible rig. The rig is expected to come on contract on or around July 20, 2016. Skipper lies in Block 9/21a in licence P1609 in t

about 10 years ago
International offshore rig count tumbles in June
Exploration & Production

International offshore rig count tumbles in June

Oilfield services provider Baker Hughes informed on Friday that the international offshore rig count for June 2016 was down both sequentially and year over year. According to Baker Hughes’ report, the international offshore rig count for June 2016 was 223, down 6 from the 229 counted in May 2016, an

about 10 years ago
Offshore safety watchdog revokes COSL rig order
Exploration & Production

Offshore safety watchdog revokes COSL rig order

The Petroleum Safety Authority Norway (PSA) changes the investigation report and its conclusion which stated that the structural design and dimensioning of COSLInnovator were not in accordance with the regulations at the time of the accident on December 30, 2015 in which one person died. At the time

about 10 years ago
Petrofac to operate Hurricane’s wells
Exploration & Production

Petrofac to operate Hurricane’s wells

Petrofac has been appointed well operator by Hurricane Energy in a three-year contract to support wells located in the North Sea, West of Shetland. Petrofac said it is the first outsourced well operator to manage a drilling campaign in the UKCS under new regulations set by the Offshore Safety Direct

about 10 years ago
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