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Exploration & Production

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Fossil EnergyBusiness & Finance
Transocean retires four floaters, lands new semi-sub deals
Exploration & Production

Transocean retires four floaters, lands new semi-sub deals

In the last three months since its previous fleet status report, offshore driller Transocean has landed new contracts and extensions but has also seen dayrates cut for several of its drillships while four floaters have been retired.

about 8 years ago
UK: Equinor pushes back Verbier appraisal drilling
Exploration & Production

UK: Equinor pushes back Verbier appraisal drilling

Norwegian oil major Equinor has moved back drilling of the Verbier appraisal well to the mid to late fourth quarter of 2018.

about 8 years ago
Ocean Rig says rig demand picking up. Announces new deals
Exploration & Production

Ocean Rig says rig demand picking up. Announces new deals

Market demand in the offshore floating rig sector is looking up, offshore driller Ocean Rig’s CEO said on Monday, revealing new contracts for its fleet.

about 8 years ago
Exxon boosts Guyana block resource estimate to 4 billion barrels
Exploration & Production

Exxon boosts Guyana block resource estimate to 4 billion barrels

ExxonMobil has boosted its estimate of recoverable oil in its offshore Guyana block to 4 billion oil-equivalent barrels, up from the previous estimate of 3.2 billion oil-equivalent barrels.

about 8 years ago
U.S. offshore rig count down to 17 units
Exploration & Production

U.S. offshore rig count down to 17 units

The number of U.S. offshore rigs dropped to 17 units this past week, according to a Friday report by Baker Hughes.

about 8 years ago
New deals pour in for Ensco rigs
Exploration & Production

New deals pour in for Ensco rigs

Offshore driller Ensco has been awarded a number of new contracts and extensions.

about 8 years ago
Hakuryu-11 jack-up spinning drill bit offshore Vietnam
Exploration & Production

Hakuryu-11 jack-up spinning drill bit offshore Vietnam

Japan Drilling Company’s offshore drilling rig Hakuryu-11 has started drilling under its contract in Vietnam.

about 8 years ago
Safety body finds non-conformities linked to emergency preparedness on ‘West Elara’
Exploration & Production

Safety body finds non-conformities linked to emergency preparedness on ‘West Elara’

Norway’s Petroleum Safety Authority has identified several non-conformities on Seadrill’s West Elara jack-up following an audit of the rig.

about 8 years ago
West Capricorn rig picks up MPD notation from ABS
Exploration & Production

West Capricorn rig picks up MPD notation from ABS

ABS has issued the managed pressure drilling notation to Seadrill for the West Capricorn semi-submersible drilling rig.

about 8 years ago
Equinor keeping ‘Safe Boreas’ at Mariner at least till October 2018
Exploration & Production

Equinor keeping ‘Safe Boreas’ at Mariner at least till October 2018

Norwegian oil firm Equinor has exercised an option to extend a contract for a Prosafe offshore accommodation unit.

about 8 years ago
Rowan clinches new rig deals
Exploration & Production

Rowan clinches new rig deals

Rowan Companies is keeping its rigs busy with contracts in the U.S. Gulf of Mexico, off the UK, and in the Middle East region.

about 8 years ago
Tullow won’t appeal lost rig case. Pays up $248M
Exploration & Production

Tullow won’t appeal lost rig case. Pays up $248M

Oil company Tullow has paid drilling contractor Seadrill Partners a $248 million fee related to the recent court ruling regarding the rig contract termination case.

about 8 years ago
Eni wins Most-Admired Explorer title
Exploration & Production

Eni wins Most-Admired Explorer title

Italian oil and gas giant Eni has won Wood Mackenzie’s Most-Admired Explorer title, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey. This is the third time in a row Eni has won the award.

about 8 years ago
Wellesley all set for North Sea wildcat
Exploration & Production

Wellesley all set for North Sea wildcat

The Norwegian Petroleum Directorate has granted Wellesley Petroleum a drilling permit for a wildcat well in the North Sea off Norway.

about 8 years ago
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