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Exploration & Production

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Fossil EnergyBusiness & FinanceEquipment
Transocean raising $500M via note offering
Exploration & Production

Transocean raising $500M via note offering

Offshore drilling company Transocean has started a private note offering in a push to raise $500 million.

about 7 years ago
Awilco swings to loss in 1Q but sees market improving
Exploration & Production

Awilco swings to loss in 1Q but sees market improving

Awilco Drilling sank to a loss in the first quarter of the year amid lower revenues but the driller sees an improvement in the offshore drilling market.

about 7 years ago
Energean delays drilling of producer wells at Prinos
Exploration & Production

Energean delays drilling of producer wells at Prinos

Greek oil company Energean has reduced its production forecast for the year following change of plans related to drilling of two producer wells on the Prions field, located in the Gulf of Kavala off Greece, which has now been pushed back to 2020. In an operational update on Wednesday, Energean said

about 7 years ago
Pacific Drilling posts $84M 1Q loss. Rig demand improving, CEO says
Exploration & Production

Pacific Drilling posts $84M 1Q loss. Rig demand improving, CEO says

Offshore drilling contractor Pacific Drilling has posted a loss for the first quarter of 2019, but the CEO is optimistic about the signs of rising demand for hi-spec rigs.

about 7 years ago
Eni makes light oil discovery offshore Angola
Exploration & Production

Eni makes light oil discovery offshore Angola

Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu exploration prospect.

about 7 years ago
Siccar Point CEO ‘encouraged’ by Blackrock offshore well results
Exploration & Production

Siccar Point CEO ‘encouraged’ by Blackrock offshore well results

The well was drilled with the Diamond Ocean GreatWhite semi-submersible on Licence P1830 in 1115 meters of water

about 7 years ago
Equipment difficulties force GulfSlope to stop drilling at Tau prospect
Exploration & Production

Equipment difficulties force GulfSlope to stop drilling at Tau prospect

GulfSlope Energy has decided to abandon its well at the Tau Prospect, located in the U.S. Gulf of Mexico.

about 7 years ago
Aker BP to use Deepsea Nordkapp rig to plug Jette wells
Exploration & Production

Aker BP to use Deepsea Nordkapp rig to plug Jette wells

Aker BP has been given consent by Petroleum Safety Authority (PSA) to use the Deepsea Nordkapp drilling rig to plug production wells on the Jette field offshore Norway.

about 7 years ago
Aker BP gains consent to use Odfjell rig for North Sea well
Exploration & Production

Aker BP gains consent to use Odfjell rig for North Sea well

Aker BP has received consent from the Petroleum Safety Authority for exploration drilling in the North Sea offshore Norway, using the Deepsea Stavanger rig.

about 7 years ago
Diamond to roll out Seacroft’s vessel control program on three UK rigs
Exploration & Production

Diamond to roll out Seacroft’s vessel control program on three UK rigs

Following the successful rollout of Seacroft Marine’s ‘SafeZone 500’ marine vessel control and management program aboard Diamond Offshore’s ‘Ocean Patriot’ drilling rig, Diamond Offshore has contracted Seacroft to implement the program on its other three UK-based rigs.

about 7 years ago
O&G exploration is back, deepwater attracting most attention, report says
Exploration & Production

O&G exploration is back, deepwater attracting most attention, report says

Oil and gas exploration is back and deepwater sweet spots are attracting the most attention, energy intelligence group Wood Mackenzie’s industry survey has shown.

about 7 years ago
Dolphin Drilling in semi-sub rig LOI
Exploration & Production

Dolphin Drilling in semi-sub rig LOI

Norwegian offshore drilling contractor Dolphin Drilling has signed a letter of intent with an unnamed client for a potential hire of one of its offshore drilling rigs.

about 7 years ago
Rosneft starts drilling operation off Vietnam using JDC rig
Exploration & Production

Rosneft starts drilling operation off Vietnam using JDC rig

Russian oil company Rosneft has started a drilling operation offshore Vietnam using a JDC offshore drilling rig.

about 7 years ago
Jadestone wraps up Stag well drilling, prepares for production
Exploration & Production

Jadestone wraps up Stag well drilling, prepares for production

Jadestone Energy has completed its infill drilling campaign at the Stag oil field located offshore Australia, which was the first well at the field in six years.

about 7 years ago
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