Faroe Petroleum, oil and gas firm focusing on exploration and production opportunities in Norway and the UK, has made an oil and gas discovery in its operated Brasse exploration well in licence PL740 in the Norwegian section of the North Sea. The Brasse well (31/7-1) has been drilled to a total dept
Lukoil, Russia’s privately owned oil company, has kicked off the development drilling operation at its Vladimir Filanovsky field in the Caspian Sea. According to the company, president of Lukoil Vagit Alekperov and Governor of the Astrakhan Region Alexander Zhilkin visited the Vladimir Filanovsky fi
Mike Mullen Energy Equipment Resources, a Dallas, Texas-based investor in offshore assets, has taken delivery of an offshore accommodation rig. The new built accommodation jack-up unit ‘Crossway Eagle’ was christened on Friday, June 10, and is now sitting on legs in front of the Franklin Offshore Eu
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge a drilling permit for well 7222/1-1 located in the Barents Sea offshore Norway. The well 7222/1-1 will be drilled in production licence 226 from Saipem’s Scarabeo 8 drilling rig. Eni also recently received consent from the Petroleum Saf
Weekly offshore rig count in the U.S. remained flat at 21 active units, Baker Hughes informed in its report on Friday. BHI Rig Count: U.S. +6 to 414 rigs U.S. Rig Count is up 6 rigs from last week to 414, with oil rigs up 3 at 328, gas rigs up 3 to 85, and […]
Italian oilfield services provider and drilling contractor Saipem has been awarded several new drilling contracts and extensions to existing contracts. The contracts of a combined value of around 150 million euros, are for work in Portugal, Norway, Morocco, Saudi Arabia, Kazakhstan and Latin America
Global drilling and engineering contractor, KCA Deutag, has sold its jack-up drilling unit, the Ben Rinnes, to an integrated energy and services company for an undisclosed sum. Built in Clydebank, Scotland in 1973 and acquired by KCA Deutag in 2005, the Ben Rinnes was under contract offshore Angola
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for well 7220/11-3 AR, in the Barents Sea. The well 7220/11-3 AR will be drilled from Ocean Rig’s Leiv Eiriksson semi-sub drilling rig in production licence 609. Lundin and Ocean Rig signed a drilling contract for a mini
Norwegian oil company Statoil has completed the drilling of wildcat well 30/11-13, located offshore Norway. The well proved to be a minor gas/condensate discovery. Statoil, the operator of production licence 272 in the North Sea offshore Norway, started drilling the wildcat well in May. The well was
Maersk Drilling, a Danish offshore drilling contractor, has shared a photo of its fourth XL Enhanced jack-up rig taking shape at the DSME shipyard in South Korea. The driller said through social media that its XLE-4 rig, designed for ultra-harsh environment drilling, will become ‘the biggest and mos
Oilfield services provider Baker Hughes reported on Tuesday that the international offshore rig count for May 2016 was up by nine rigs sequentially and down by 55 rigs year over year. This is the second month in a row that the international offshore rig count is exhibiting similar behavior as Baker
Independent Oil and Gas (IOG) has scheduled the appraisal well on the Skipper oil discovery, which lies in the Northern North Sea, to be drilled in July 2016. In January, IOG postponed the drilling of the Skipper well, that lies in Block 9/21a in licence P1609, due to low oil price and bad weather i
The Norwegian Petroleum Directorate (NPD) has granted Engie E&P Norge a drilling permit for well 36/7-4, offshore Norway. The well 36/7-4 will be drilled from the Transocean Arctic drilling rig after the rig concludes the drilling of wildcat well 31/7-1 A for Faroe Petroleum Norge in production lice
Global integrated drilling waste management and environmental services company, TWMA, has been awarded new contracts with a total worth of £500,000 ($720,500). TWMA said that the contracts are for its EfficientC skip and ship and onshore processing services. The company said that one of the projects