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Exploration & Production

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Fossil EnergyProject & TendersBusiness & FinanceEquipment
Statoil to work on Kristin field well plugging with ‘Scarabeo 5’
Exploration & Production

Statoil to work on Kristin field well plugging with ‘Scarabeo 5’

Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use Scarabeo 5 rig for permanent plugging of well 6506/11-N-4 H on the Kristin field in the Norwegian Sea. According to the PSA, Statoil has allocated up to 27 days for the activity, which will start in mid-May 2015. Wa

about 11 years ago
Tullow to drill well in Zumba prospect (Norway)
Exploration & Production

Tullow to drill well in Zumba prospect (Norway)

Tullow Oil Norge AS has received consent from the Petroleum Safety Authority (PSA) Norway for exploration drilling of well 6507/11-11 in the Norwegian Sea with the Leiv Eiriksson drilling rig. Tullow is the operator for production licence 591 in block 6507/11 in the Norwegian Sea. The company has ap

about 11 years ago
Baker Hughes: Worldwide rig count falls by 1.120 in April
Exploration & Production

Baker Hughes: Worldwide rig count falls by 1.120 in April

Baker Hughes has said today that the worldwide rig count for April 2015 was 2,268, down 289 from the 2,557 counted in March 2015, and down 1,120 from the 3,388 counted in April 2014. This includes both onshore and offshore rigs in the U.S. and internationally. The international rig count for April 2

about 11 years ago
Rowan sees 45% revenue increase owing to three newbuild drillships
Exploration & Production

Rowan sees 45% revenue increase owing to three newbuild drillships

Rowan Companies plc, a Houston-based drilling contractor, has reported net income of $123.7 million for the three months ended March 31, 2015 compared to $59.6 million in the first quarter of 2014. Net income for the prior-year quarter included a litigation settlement gain which increased net income

about 11 years ago
Talisman: Jack-up rig Maersk Giant to work on Varg field
Exploration & Production

Talisman: Jack-up rig Maersk Giant to work on Varg field

Talisman Energy AS (TENAS) has received consent from the Petroleum Safety Authority (PSA) Norway to use the Mærsk Giant jack-up rig for well plugging on the Varg field in the Norwegian North Sea. Talisman will use Mærsk Giant for plugging wells 15/12-A-2, A-4, A-9, A-11, A-12, A-13, A-15 and A-16 on

about 11 years ago
Echidna well flow is encouraging, Karoon says
Exploration & Production

Echidna well flow is encouraging, Karoon says

Karoon Gas Australia Ltd has announced the production test results from the company’s most recent discovery, the Echidna-1 exploration well in the Santos Basin, Brazil. Karoon spudded the Echidna-1 exploration well on March 31, 2015 and confirmed a 213 metre gross oil column on April 20, 2015. Accor

about 11 years ago
Gazprom to drill Vietnam’s first deep-water well
Exploration & Production

Gazprom to drill Vietnam’s first deep-water well

The Gazprom headquarters hosted yesterday, May 6, 2015, a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors. The meeting addressed the main issues of the bilateral coop

about 11 years ago
Rolls-Royce delivers its 1000th thruster for drillship newbuild
Exploration & Production

Rolls-Royce delivers its 1000th thruster for drillship newbuild

Rolls-Royce has just delivered its 1000th UUC underwater mountable thruster. It is the third unit in a series of six being installed on Seadrill’s new mobile drilling ship currently under construction at Samsung Heavy Industries in Korea. John Knudsen, Rolls-Royce, President – Commercial Marine said

about 11 years ago
Fred. Olsen Energy: Rig supply/demand gap to be here in 2016 too
Exploration & Production

Fred. Olsen Energy: Rig supply/demand gap to be here in 2016 too

Fred. Olsen Energy, a Norwegian company owning drilling rigs, has said that floating rigs market continues to be challenging in all segments, with low tendering and contracting activity, further pressed by more newbuild units entering the market. In its presentation today, the company has revealed a

about 11 years ago
Repsol gets go-ahead for Hagar drilling (Norway)
Exploration & Production

Repsol gets go-ahead for Hagar drilling (Norway)

Repsol Exploration Norge AS (RENAS) has received consent from the Petroleum Safety Authority (PSA) Norway to drill the exploration well in the Norwegian Sea using Bredford Dolphin drilling rig. RENAS is the operator for production licence 642 in block 6306/5 in the southern Norwegian Sea. The explor

about 11 years ago
China: TSC, Dalian shipyard developing jack-up rig
Exploration & Production

China: TSC, Dalian shipyard developing jack-up rig

China’s TSC Group, an offshore and onshore drilling equipment provider, and Dalian Shipbuilding Industry Offshore Engineering Co., Ltd. (“DSIC”) will cooperate on the DSJ375 jack-up rig project, with a scope including but not limited to its configuration, design and construction. The DSJ375 is DSIC’

about 11 years ago
Ensco scores two rig contracts in Middle East
Exploration & Production

Ensco scores two rig contracts in Middle East

Ensco plc has entered into a three-year contract with NDC for a new premium jackup, ENSCO 110. This newbuild rig is scheduled to begin operations later this month offshore United Arab Emirates at a rate of approximately $114,000 per day. NDC has also contracted ENSCO 104 for a three-year term at a d

about 11 years ago
Another fatal accident offshore Mexico
Exploration & Production

Another fatal accident offshore Mexico

Mexican offshore oil and gas industry has been hit by another fatal accident in a little over a month. Two workers died today in an incident that happened on a jack-up rig in the Bay of Campeche, Mexico. According to Pemex, Mexico’s national oil company, the accident occurred aboard the Troll Soluti

about 11 years ago
Noble Energy: First oil from Dantzler, Big Bend by year’s end
Exploration & Production

Noble Energy: First oil from Dantzler, Big Bend by year’s end

Noble Energy, a Houston-based oil and gas exploration and production company, has executed the completion work on the Dantzler-1 production well located in the Gulf of Mexico. According to the company’s 1Q 2015 report, all drilling and completion activities for the Rio Grande project (Big Bend and D

about 11 years ago
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