Bentec, a manufacturer of drilling rigs and oilfield equipment has won three multi-million dollar contracts. The company has also confirmed its further expansion into offshore market. Offshore Rig Contract Award Bentec will build its first complete drilling rig for Nobel Oil Ltd for offshore operati
Odfjell Drilling, an international drilling, well service and engineering company, has seen a $5 million profit drop in its first quarter 2015 results. Namely, the company reported a net profit in Q1 2015 of $18 million compared to Q1 2014 of $23 million. The company also reported that its operating
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/11-2, in the Norwegian Sea. Well 6706/11-2 will be drilled from the Transocean Spitsbergen semi-submersible drilling rig after completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A f
Between 17 and 20 March 2015, the Petroleum Safety Authority (PSA) Norway carried out an audit of Mærsk Drilling Norge AS and Total E&P Norge AS in the domains of working environment and logistics. According to the PSA, the audit began with an initial meeting in Maersk Drilling’s offices at Forus an
The Norwegian Petroleum Directorate (NPD) has granted Suncor Energy Norge AS a drilling permit for well 25/10-13 S, in the North Sea. Well 25/10-13 S will be drilled from the Borgland Dolphin semi-submersible drilling rig in the central North Sea. Suncor recently completed drilling of an appraisal w
On February 18, 2015, a condensate leak occurred on the Gudrun platform in the North Sea. The incident has been investigated by Statoil’s corporate investigation team which classifies it to be of the highest degree of seriousness. In the morning of February 18, 2015 noise and vibrations were reporte
Rowan Companies, a Houston-based provider of drilling services, has been awarded several contract extensions with lower day rates, and a new one-well contract. According to its latest fleet status report, Rowan’s jack-up drilling rig Rowan Gorilla V was awarded a two-well extension estimated for an
Talisman Energy Norge AS, operator of production licence 672, has concluded the drilling of wildcat well 15/12-24 S, in the North Sea. The well is dry. The Norwegian Petroleum Directorate (NPD) granted Talisman a drilling permit for this well in April 2015. The well was drilled in the central part o
A/S Norske Shell has received consent from the Petroleum Safety Authority (PSA) Norway to extend the lifetime of the Draugen platform, in the Norwegian Sea. Draugen is an oil field in the Norwegian Sea, around 150 km north of Kristiansund. A/S Norske Shell (Shell) is the field’s operator. Production
Norwegian oil major Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use the Deepsea Atlantic drilling rig to drill two production wells at Gullfaks Sør, offshore Norway. Statoil is the operator for Gullfaks Sør, located in the Tampen area in the northern part of the
Bergen Group has now come to an agreement with Semco Maritime AS for sale of the rig service activity, and with Hellik Teigen AS and Hellik Teigen Eiendom AS for sale of the real estate at Hanøytangen. The parties have agreed to uphold the sales price of NOK 245 million ($32.8 million), as set out [
PSW Group has entered into a frame agreement with COSL Drilling Europe for Subsea & Riser Maintenance services of the company’s drilling rigs. According to PSW, the agreement has a duration of 3 years and with an optional period of 2 years. Work under the contract has already started. The scope of w
Transocean Ltd., a drilling contractor, has amended its construction contracts with Singapore’s Keppel FELS to further delay the delivery of its five newbuild high-specification jack-ups. This is in addition to the six-month delay announced in February 2015. Transocean ordered the rigs in November 2
Norway’s Westcon Yard has informed that the Floatel Victory flotel will be arriving at its yard in Ølensvåg, Norway today, May 18, 2015. The rig will take its place next to semi-sub Transocean Leader that arrived in February and flotel Safe Scandinavia that arrived in March for a conversion work int
