The Petroleum Safety Authority (PSA) Norway has carried out an audit of emergency preparedness and radio and telecommunications systems at Draupner platforms in the North Sea. Gassco is the operator of the platforms while Statoil provides technical services. The Draupner S and Draupner E platforms c
Seadrill will refrain from ordering new offshore rigs in the near future due to the challenging market conditions for offshore drilling contractors. The company also announced it would put dividend distributions on ice. The company, one of the world’s largest offshore drilling contractors, which cur
Deep Casing Tools has announced the signing of a frame agreement with Statoil Petroleum AS. The company says that the contract covers the supply of Deep Casing Tools’ revolutionary drillable casing and liner reamer technology, including its high-speed, drillable reaming system, the Turbocaser™ Expre
Paragon Offshore, the largest shareholder of Prospector Offshore Drilling since last week, has lodged a formal request for an extraordinary general meeting of the shareholders of Prospector Offshore Drilling S.A. to be convened. At the meeting, Paragon will seek to appoint new board of directors. To
GDF Suez has signed a contract with Idemitsu for the acquisition of 10% share in the license PL 420, in the North Sea. PL 420 is situated between the Gjøa field and the Skarfjell discovery, and contains the discovery Titan. The exploration well Atlas in the license started November 4, with the semi-
A twin-hull behemoth, a giant, the world’s largest vessel, largest catamaran, biggest offshore vessel, the world’s largest crane ship. This is how it has been described. It is the ‘Pieter Schelte’, and it is now on its way to Rotterdam, the Netherlands, sailing from South Korea, where it was recentl
The articles you have read the most this past week include the one on Halliburton’s take-over of Baker Hughes; the production kick off at Tubular Bells; two Greenpeace activists injured in protest against offshore drilling; Repsol starts drilling offshore Canary Islands; Gulf of Mexico platform blas
In an e-mail sent to Offshore Energy Today Spanish oil company Repsol has confirmed that the company has started drilling offshore the Canary Islands, Spain. According to Repsol’s spokesperson, the drilling began yesterday and it is expected to last for six weeks. The company hired Rowan Renaissance
Seadrill, one of the world’s leading offshore deep-water drilling companies has chosen Liverpool for its new global service centre. The decision by New York Stock Exchange listed Seadrill was today described as a ‘major coup’ for the city and a significant boost to its offshore and maritime sector c
Chris Beckett, CEO of Pacific Drilling, has been named the EY Entrepreneur Of The Year™ 2014 National Energy, Cleantech and Natural Resources Award winner. The EY Entrepreneur Of The Year Award, a leading business award for entrepreneurs, encourages entrepreneurial activity and recognizes leaders an
Dolginskoye field operator Gazpromneft-Sakhalin (a subsidiary of Gazprom Neft) completed testing of a well drilled at the Dolginskoye field, Pechora Sea. The completion of geophysical and hydrodynamic testing will allow clarification of the underlying structure of the field and the development of a
Paragon Offshore, an offshore drilling contractor, has acquired 52,749,014 shares of Prospector Offshore Drilling S.A., a publicly traded offshore drilling company listed on Oslo Axess. Paragon acquired the shares at a price of 14.50 Norwegian kroner (NOK) per share, or $2.13 per share based on the
Xcite Energy has entered into a Memorandum of Understanding (“MOU”) with China Oilfield Services Limited (“COSL”), which sets out the principles for the provision of a new-build Keppel FELS N Class Plus, harsh environment jack-up drilling rig, together with equipment and personnel for the Bentley fi
Last week’s most read story was the one about SBM Offshore’s bribery case settlement. Aker Solutions followed with an announcement that it will not be laying off staff. You also read about AMEC taking over Foster Wheeler; Tullow slashing exploration budget, rig incident in Russian arctic and Hallibu
