Premier Oil has found no oil in well 3/7-10 S, in Myrhauk prospect in the Norwegian North Sea. The well located about 45 kilometres northeast of the Valhall field was drilled with Maersk Guardian rig. Premier said that the well encountered approximately 110 metres of good reservoir quality Middle Ju
Singapore’s Sembcorp Marine has won a $1 billion contract from Maersk Oil to build offshore facilities for the Monday-approved Culzean field in the UK North Sea. Under the agreement SMOE Pte Ltd, a Sembcorp Marine subsidiary, will build the Central Processing Facility plus 2 connecting bridges, Well
Maersk Drilling, a Danish offshore drilling contractor, has won a case against its former employee of Russian origin. Namely, the employee, named Vladimir Volkov, according to Danish media, has been sentenced to four years in prison for defrauding the company. The 30-year-old, living in Murmansk, Ru
Norwegian oil and gas major Statoil has failed to find oil in its latest North Sea exploration well. The wildcat well 16/7-11, is located in the production licence 72 B in the North Sea, offshore Norway. The Norwegian Petroleum Directorate (NPD) granted Statoil a drilling permit for well on August 1
Bergen Group on Thursday submitted an arbitrary subpoena against Borgland Dolphin Pte. Ltd (Dolphin) due to lack of payments from the rig project, the Borgland Dolphin, completed in the first quarter of 2015. According to Bergen Group’s second quarter 2015 interim report, the company resolved on Aug
The Petroleum Safety Authority Norway (PSA) carried out on May 20, 2015, an audit of Statoil’s implementation of the planned control room solution for the production platform on Valemon gas and condensate field in the Norwegian North Sea. Statoil-operated Valemon field lies in blocks 34/11 and 34/10
West Venture, a semi-submersible drilling rig, has ended its adventure with Norway’s largest oil company Statoil, after fifteen years in service. The owner of the rig, North Atlantic Drilling Limited (NADL), said on Thursday the rig had completed its contract. The rig, built in 2000, is now undergoi
Sevan Drilling Limited, an international drilling contractor specializing in the ultra deepwater segment, on Thursday posted a rise in net profit for the second quarter of 2015 when compared to the same period last year. Namely, Sevan reported a net profit of $13.7 million in Q2 2015 compared to $9.
Seadrill, one of the world’s largest offshore drilling contractors, on Thursday reported its second quarter 2015 net income was $423 million. Net income fell when compared to $653 million earned in the second quarter of last year. Revenue was $1.15 billion in 2Q 2015, vs $1.22 billion in 2Q 2014. As
The Petroleum Safety Authority Norway (PSA) has given Statoil consent to use Songa Trym drilling rig for drilling an exploration well in block 15/3, in the southern North Sea. Statoil is the operator for exploration licences 025 and 187 in the North Sea block. This consent applies to drilling of the
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 25/11-28, in the Norwegian sector of the North Sea. Well 25/11-28 will be drilled from the semi-submersible drilling rig Songa Trym. The drilling program for well 25/11-28 concerns the drilling of a
Maersk Oil, a Danish oil and gas company, is preparing to shut down one of its North Sea assets, a decision that could cause the loss of up to 200 jobs. Namely, the company’s UK subsidiary, Maersk Oil North Sea UK Limited, is going to approach UK’s Oil and Gas Authority (OGA) seeking approval to cea
Hercules Offshore, an offshore drilling contractor, has been awarded a 20-day contract with Italian oil company Eni in the Gulf of Mexico. Hercules’ 1979-built jack-up rig of a Bethlehem JU-200-MC design, the Hercules 205, received a contract from Eni with a $59,000-61,000 dayrate. According to Herc
Xcite Energy Ltd, the operator of an oilfield dubbed one of the largest undeveloped resources in the UK North Sea, the Bentley field, is looking to benefit from the lack of work in shipyards, while also trying to secure funding for the development. The company which operates the Bentley heavy oil fi
