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Exploration & Production

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Fossil EnergyBusiness & FinanceEquipmentProject & Tenders
U.S. weekly offshore rig count stays flat
Exploration & Production

U.S. weekly offshore rig count stays flat

The U.S. weekly offshore rig count remained flat during last week, according to a rig count report published on Friday by Baker Hughes, a GE company.

about 7 years ago
Suncor allowed to resume ops after Transocean rig incident
Exploration & Production

Suncor allowed to resume ops after Transocean rig incident

Canadian offshore regulator has approved Suncor Energy’s plan to resume operations on the semi-submersible drilling rig Transocean Barents, following a September 6, 2019 incident, which resulted in an injured Transocean employee.

about 7 years ago
BW finds Hibiscus reserve estimates to be bigger than expected
Exploration & Production

BW finds Hibiscus reserve estimates to be bigger than expected

BW Offshore has raised its reserves estimates at the Hibiscus structure located on Dussafu Marin Permit, offshore Gabon, after finding oil in both the exploration well and appraisal sidetrack.

about 7 years ago
Conrad spuds first of two Duyung wells
Exploration & Production

Conrad spuds first of two Duyung wells

Conrad Petroleum has started drilling the first of two wells at its operated Duyung Production Sharing Contract in the West Natuna basin, offshore Indonesia, using the Asian Endeavour-1 jack-up rig.

about 7 years ago
Dolphin secures further Knarr work for Borgland Dolphin rig
Exploration & Production

Dolphin secures further Knarr work for Borgland Dolphin rig

Offshore drilling contractor Dolphin Drilling has secured further work for its Borgland Dolphin semi-submersible drilling rig to start in early 2020.

about 7 years ago
Transocean deploys hybrid energy storage on floating rig
Exploration & Production

Transocean deploys hybrid energy storage on floating rig

Transocean has deployed the world’s first hybrid energy storage system aboard a floating drilling unit.

about 7 years ago
PGNiG gets nod to drill its second operated well in Norway
Exploration & Production

PGNiG gets nod to drill its second operated well in Norway

The Polish oil and gas company PGNiG has been granted a license to drill an appraisal well in the Norwegian Sea.

about 7 years ago
Valaris nets $245 million in revenue backlog with new rig gigs
Exploration & Production

Valaris nets $245 million in revenue backlog with new rig gigs

Valaris, previously known as EnscoRowan, has secured new contracts and contract extensions with associated revenue backlog of approximately $245 million.

about 7 years ago
Valaris rig hired for Neptune’s Seagull project
Exploration & Production

Valaris rig hired for Neptune’s Seagull project

Neptune Energy has awarded Valaris, formerly known as EnscoRowan, a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.

about 7 years ago
U.S. offshore rig count down to 24 units
Exploration & Production

U.S. offshore rig count down to 24 units

The number of offshore rigs in the U.S. dropped to 24 units last week, according to weekly rig count reports released on Friday by Baker Hughes, a GE company.

about 7 years ago
BPC cuts cost estimate for its maiden Bahamas well. Funding yet to be secured
Exploration & Production

BPC cuts cost estimate for its maiden Bahamas well. Funding yet to be secured

Bahamas Petroleum Company has further cut the estimated cost of its upcoming exploration well in the Bahamas, as it is working to secure the cash needed for drilling.

about 7 years ago
Equinor awards lay-up contract on Sverdrup to Jacktel’s Haven rig
Exploration & Production

Equinor awards lay-up contract on Sverdrup to Jacktel’s Haven rig

Jacktel, a subsidiary of Master Marine, has agreed with Equinor that its accommodation rig Haven will be laid up at Johan Sverdrup field off Norway following the expiry of the firm contract on December 7, 2019.

about 7 years ago
Sapura Energy nets $185 million in new contracts
Exploration & Production

Sapura Energy nets $185 million in new contracts

Sapura Energy has secured three new contracts and two contract extensions worth approximately RM774 million ($185M).

about 7 years ago
Archer secures North Sea job for modular drilling rig
Exploration & Production

Archer secures North Sea job for modular drilling rig

Oil services company Archer has been awarded a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.

about 7 years ago
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