Maersk Drilling has delivered a profit of $168 million in the first quarter of 2015 compared to $116 million in the first quarter last year. The company says that the result was positively impacted by fleet growth and continued good operational performance, but partly offset by two rigs being idle.
Suncor Energy Norge AS, operator of production licence 375, has completed drilling of appraisal well 34/4-14 S in the oil discovery 34/4-11, in the North Sea. The discovery was proven in 2010, and is located approximately 20 kilometres northwest of the Snorre field in the North Sea. The reservoir is
OMV (Norge) AS, operator of production licence 537, is in the process of concluding the drilling of wildcat well 7324/8-2, in the Barents Sea. According to the Norwegian Petroleum Directorate (NPD), the well is dry. The well was drilled about 6 kilometres southeast of oil discovery 7324/8-1 “Wisting
Prosafe, world’s largest provider of offshore accommodation rigs, has reported its net profit for the first quarter of 2015 of $27 million, up from $18 million in the first quarter of 2014. The company’s operating profit for the first quarter amounted to $55.4 million versus $22.9 million in the sam
BP Trinidad and Tobago LLC (BPTT) has announced that the Ocean Victory semi-submersible drilling rig has arrived in Trinidad and Tobago. The company said that the drilling operations are expected to start in May. After taking on personnel, equipment and supplies, the rig, which is owned and operated
The Norwegian Petroleum Directorate (NPD) has granted Tullow Oil Norge AS a drilling permit for well 6507/11-11 in a prospect named Zumba located in the Norwegian Sea. The company recently received consent from the Petroleum Safety Authority Norway for drilling well 6507/11-11 with the Leiv Eiriksso
A/S Norske Shell has received consent from the Petroleum Safety Authority (PSA) Norway to use the Transocean Barents drilling rig to drill a production well on the Draugen field in the Norwegian Sea. According to PSA, Shell has applied for consent to drill a new production well designated 6407/9-G-5
Lundin Norway AS (Lundin) has received consent from the Petroleum Safety Authority (PSA) Norway to drill an exploration well 7220/11-3 located in the Barents Sea with the Island Innovator rig. Lundin is the operator for production licence 609 in block 7220/11 in the Barents Sea. According to the PSA
VNG Norge (VNG) has received consent from the Petroleum Safety Authority (PSA) Norway to drill two exploration wells 6406/12-4 S and 6406/12-4 A in the Norwegian Sea using the Transocean Arctic rig. VNG is the operator for production licence 586 in block 6406/12 in the Norwegian Sea. The field is ar
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use Scarabeo 5 rig for permanent plugging of well 6506/11-N-4 H on the Kristin field in the Norwegian Sea. According to the PSA, Statoil has allocated up to 27 days for the activity, which will start in mid-May 2015. Wa
Tullow Oil Norge AS has received consent from the Petroleum Safety Authority (PSA) Norway for exploration drilling of well 6507/11-11 in the Norwegian Sea with the Leiv Eiriksson drilling rig. Tullow is the operator for production licence 591 in block 6507/11 in the Norwegian Sea. The company has ap
Baker Hughes has said today that the worldwide rig count for April 2015 was 2,268, down 289 from the 2,557 counted in March 2015, and down 1,120 from the 3,388 counted in April 2014. This includes both onshore and offshore rigs in the U.S. and internationally. The international rig count for April 2
Rolls-Royce has just delivered its 1000th UUC underwater mountable thruster. It is the third unit in a series of six being installed on Seadrill’s new mobile drilling ship currently under construction at Samsung Heavy Industries in Korea. John Knudsen, Rolls-Royce, President – Commercial Marine said
Fred. Olsen Energy, a Norwegian company owning drilling rigs, has said that floating rigs market continues to be challenging in all segments, with low tendering and contracting activity, further pressed by more newbuild units entering the market. In its presentation today, the company has revealed a
