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Exploration & Production

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Fossil EnergyBusiness & FinanceEquipment
Aker Energy hits oil in Pecan well offshore Ghana
Exploration & Production

Aker Energy hits oil in Pecan well offshore Ghana

Aker Energy, as the operator of the Deepwater Tano Cape Three Points (DWT/CTP) block, has encountered oil in the Pecan South-1A well offshore Ghana.

about 7 years ago
Energean starts four-well drilling program in Israel
Exploration & Production

Energean starts four-well drilling program in Israel

Energean Oil and Gas has started its 2019 drilling program in Israel, which consists of three development wells and Karish North.

about 7 years ago
Equinor strikes oil at Telesto well in Norway’s North Sea
Exploration & Production

Equinor strikes oil at Telesto well in Norway’s North Sea

Equinor has made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea, offshore Norway. According to Equinor, the resources are estimated at 12-28 million barrels of recoverable oil.

about 7 years ago
Equinor spuds Verbier appraisal well
Exploration & Production

Equinor spuds Verbier appraisal well

Equinor has started drilling operations on Verbier appraisal well in the UK North Sea using the semi-submersible rig West Phoenix.

about 7 years ago
MHWirth’s drilling control systems set for five Transocean rigs
Exploration & Production

MHWirth’s drilling control systems set for five Transocean rigs

MHWirth, an Akastor-owned provider of drilling solutions and services, has been awarded a contract for the delivery of automatic drilling control systems on five Transocean’s drilling rigs.

about 7 years ago
Exxon makes gas discovery at Glaucus-1 well, offshore Cyprus
Exploration & Production

Exxon makes gas discovery at Glaucus-1 well, offshore Cyprus

ExxonMobil has completed the drilling of the second exploration well in the Block 10 offshore Cyprus has made a gas discovery, the government said on Thursday.

about 7 years ago
Borr Drilling 4Q loss deepens
Exploration & Production

Borr Drilling 4Q loss deepens

Jack-up rig fleet owner Borr Drilling reported a net loss for the fourth quarter of 2018.

about 7 years ago
Ensco revenues hit by lower utilization, dayrate decline
Exploration & Production

Ensco revenues hit by lower utilization, dayrate decline

Offshore driller Ensco managed to take the edge off some of its quarterly loss but remained in the red ahead of its merger with Rowan.

about 7 years ago
Lundin takes West Bollsta offshore rig on a 10-well contract
Exploration & Production

Lundin takes West Bollsta offshore rig on a 10-well contract

Northern Drilling has won a contract for its harsh environment rig West Bollsta with Lundin Petroleum in Norway.

about 7 years ago
Rowan ‘cautiously optimistic’ about improvements in offshore rig demand
Exploration & Production

Rowan ‘cautiously optimistic’ about improvements in offshore rig demand

Rowan Companies sank to a loss in the fourth quarter of 2018 from a profit in the year-before period. The driller says it is cautiously optimistic when it comes to improvements in overall offshore rig demand.

about 7 years ago
Tamarind gets consent for development drilling at Tui field, awaits COSL rig arrival
Exploration & Production

Tamarind gets consent for development drilling at Tui field, awaits COSL rig arrival

Tamarind Resources has been granted consent for development drilling at the Tui field located offshore New Zealand. The company is now waiting for the arrival of a COSL Drilling-owned rig.

about 7 years ago
Seadrill sees improvement in offshore drilling market with increased tendering activity
Exploration & Production

Seadrill sees improvement in offshore drilling market with increased tendering activity

Offshore drilling contractor Seadrill is seeing continuous signs of improvement in offshore drilling market with increased tendering activity and better contract economics.

about 7 years ago
Noble’s new jack-up rig leaves Singapore to begin first drilling deal
Exploration & Production

Noble’s new jack-up rig leaves Singapore to begin first drilling deal

Noble Corporation’s recently bought Noble Johnny Whitstine jack-up rig has left Singapore to begin its new contract.

about 7 years ago
Nigeria: Ororo well still on hold as Sirius awaits Shelf rig
Exploration & Production

Nigeria: Ororo well still on hold as Sirius awaits Shelf rig

Sirius Petroleum is still waiting for Shelf Drilling’s jack-up rig to complete its prior engagements before heading to Ororo field offshore Nigeria to drill the Ororo-2 well.

about 7 years ago
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