Paragon Offshore, an offshore drilling contractor, has informed that Brazil’s state-owned oil giant Petrobras has given an early release to its drillship DPDS2. According to Paragon’s latest fleet status report,Petrobras released the drillship in September 2015 although it was originally contracted
The Ocean Rig Athena drillship has been mobilized from Luanda, Angola in preparation for the appraisal and exploration drilling program for Cairn Energy and its joint venture (JV) partners offshore Senegal. The SNE discovery made in late 2014 will be appraised with the first two wells in the three w
Seadrill, an offshore drilling contractor with a stake in former Sevan Marine’s subsidiary Sevan Drilling, has denied its relation to a bribery case with Brazilian national oil company Petrobras. To remind, Sevan Marine on Friday said that some of its former employees might have been involved in a b
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the offshore rig count has climbed up a notch from last week, but dropped year over year. BHI Rig Count: U.S. -8 to 787 rigs U.S. Rig Count is down 8 rigs from last week to 787, with [&
Noble Energy has recorded oil and gas shows during the drilling of the Humpback exploration well in the South Falklands Basin, offshore the Falkland Islands. Falkland Oil and Gas Limited (FOGL), a partner in the licence, said on Friday that progress on the well has been slower than anticipated becau
Noble Corporation, a UK-based drilling contractor has won two new rig contracts, and one extension. The driller, in its fleet status report on Thursday, said it had secured work for the following rigs: Noble Danny Adkins, Noble Houston Colbert, and Noble Sam Hartley. The first rig, the semi-submersi
Lundin Petroleum AB has spudded an exploration well on the Rolvsnes prospect, south of the Edvard Grieg field in the Norwegian part of the North Sea. The Swedish oil and gas company on Friday announced that its wholly owned subsidiary Lundin Norway AS has started drilling of exploration well 16/1-25
Panoro Energy ASA, an independent E&P company has announced that the Aje-5 production well located on the OML 113 license, offshore Nigeria, has been successfully completed, and the reservoir has been perforated in the Upper and Lower Cenomanian Oil-bearing zones. In an announcement on Friday, Panor
Archer (UK) Limited announced today the award of a three-year contract with two times two-year extension options, for the provision of platform drilling services for Talisman Sinopec. The contract will see Archer provide onshore rig operations, maintenance and QHSE management, and offshore operation
Lukoil, PanAtlantic, and Romgaz have discovered a gas field at the Trident block (EX-30) in the Black Sea, offshore Romania. The Russian company announced Wednesday the completion of drilling of the exploratory well Lira-1X and the discovery of a gas field in the Lira offshore structure in the Black
Romanian offshore service provider GSP Holding is eyeing expansion in Nigeria, Africa’s largest oil producer. GSP said Wednesday it was in the process of entering the Nigerian oil & gas market, targeting projects worth over $500 million. The company’s CEO said GSP was in advanced talks with with loc
South Korea’s majors rig builders Hyundai Heavy Industries (HHI), Samsung Heavy Industries (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME) have teamed up in a Joint Industry Project, looking to cut rig construction costs and project delays. According to Hyundai Heavy Industries, the th
China’s CIMC Raffles has launched the lower hull of the Beacon Atlantic semi-submersible drilling rig. As revealed in CIMC Raffles’ press release on Tuesday, the launching ceremony of Beacon Atlantic’s lower hull was held on Monday, October 12, 2015. The rig of GM4-D design is being built for Norway
Coastal Contracts, a Malaysian provider of offshore services, has informed that its subsidiary Thaumas Marine has filed a notice of arbitration against CIMC Raffles Offshore, and Dynamic Driller, seeking $5.65 million in damages. According to Coastal Contracts, the reasons for the move lie in the fa
