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Exploration & Production

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Fossil EnergyBusiness & FinanceProject & Tenders
SembMarine in talks with buyer to complete two rigs following Sete Brasil settlement
Exploration & Production

SembMarine in talks with buyer to complete two rigs following Sete Brasil settlement

Sete Brasil and Sembcorp Marine have fulfilled all conditions precedent for a settlement regarding contracts for the construction of seven drillships to become effective and Sembcorp Marine is now in talks with a buyer for the completion of two drillships.

about 6 years ago
Repsol to make use of one-well option for Maersk drillship
Exploration & Production

Repsol to make use of one-well option for Maersk drillship

Repsol has exercised a one-well option under its contract for the Maersk Drilling-owned drillship Maersk Valiant for operations offshore Mexico.

about 6 years ago
Lower dayrates and higher expenses drag Maersk Drilling into the red
Exploration & Production

Lower dayrates and higher expenses drag Maersk Drilling into the red

Danish offshore driller Maersk Drilling recorded a net loss in 2019 and a decrease in revenues due to lower dayrates and higher financial expenses compared to the previous year.

about 6 years ago
Shell leases Grupo R rig for Gulf of Mexico operations
Exploration & Production

Shell leases Grupo R rig for Gulf of Mexico operations

Grupo R has signed a contract with Shell for the lease of the La Muralla IV drilling rig to operate in the deep waters of the Gulf of Mexico.

about 6 years ago
Rystad Energy expects further growth in floating rig demand towards 2022
Exploration & Production

Rystad Energy expects further growth in floating rig demand towards 2022

Demand from the world’s top oil companies for floating drilling units is set to rise through 2020 and 2021, according to Norwegian energy research and consultancy firm Rystad Energy.

about 6 years ago
U.S. weekly offshore rig count flat at 21
Exploration & Production

U.S. weekly offshore rig count flat at 21

The number of active offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes.

about 6 years ago
Grupo R gets Hokchi drilling contract off Mexico
Exploration & Production

Grupo R gets Hokchi drilling contract off Mexico

Mexico’s energy services provider Grupo R has signed an offshore drilling and logistics contract with compatriot Hokchi Energy.

about 6 years ago
Awilco eyes new gig for WilPhoenix rig
Exploration & Production

Awilco eyes new gig for WilPhoenix rig

Awilco Drilling has signed a letter of intent with an undisclosed operator for the provision of WilPhoenix in support of a three well plug & abandonment program.

about 6 years ago
Energean sets timeline for Zeus well spud off Israel
Exploration & Production

Energean sets timeline for Zeus well spud off Israel

Energean plans to start drilling the Zeus exploration well, located offshore Israel, in March this year.

about 6 years ago
Kosmos comes up dry in Oldfield well in Gulf of Mexico
Exploration & Production

Kosmos comes up dry in Oldfield well in Gulf of Mexico

Kosmos Energy has completed drilling the Oldfield exploration well located in the U.S. Gulf of Mexico, but failed to find hydrocarbons.

about 6 years ago
Grupo R’s newbuild jack-up rig reaches Mexico
Exploration & Production

Grupo R’s newbuild jack-up rig reaches Mexico

Mexico’s energy services provider Grupo R has informed that its newbuild jack-up rig Cantarell III has arrived from Singapore to Mexico ahead of a new contract, which is set to start in March 2020. The Cantarell III jack-up rig was built by offshore rig builder Keppel in Singapore. Keppel completed

about 6 years ago
Rig arrives on site to drill Byron’s Gulf of Mexico well
Exploration & Production

Rig arrives on site to drill Byron’s Gulf of Mexico well

The Enterprise Offshore Drilling 264 (EOD 264) drilling rig has arrived on location to drill the SM71 F4 well from Byron Energy’s SM71 F platform located in the U.S. Gulf of Mexico.

about 6 years ago
Karoon spuds wildcat well offshore Peru
Exploration & Production

Karoon spuds wildcat well offshore Peru

Karoon Energy has started drilling of the Marina‐1 exploration well located in Block Z‐38 Tumbes Basin, Peru, using the Stena Forth Drillship.

about 6 years ago
U.S. offshore rig count climbs to 21 units
Exploration & Production

U.S. offshore rig count climbs to 21 units

The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a Friday report by Baker Hughes.

about 6 years ago
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