Maersk Drilling’s ultra deepwater drillship Maersk Voyager is now well on its way towards Ghana where it will operate for Eni Ghana Exploration and Production Ltd. Maersk Drilling said yesterday, May 4, 2015, that Maersk Voyager’s first stop is in Singapore and according to VesselFinder that is wher
Offshore drilling contractor Pacific Drilling S.A. has reported net income for the first quarter 2015 of $51.7 million, compared to a net income of $22.2 million for the first quarter of 2014. CEO Chris Beckett said, “The company had an exceptional fourth quarter in 2014, and our first-quarter opera
Helix Energy Solutions, a Houston-based oilfield services provider has taken delivery Q5000 semi-submersible well intervention vessel from Sembcorp Marine’s Jurong Shipyard. In conjunction with delivery of the vessel, the company used proceeds of the previously announced $250 million Q5000 credit fa
Otto Energy Ltd has executed a binding contract with Maersk Drilling to secure the Maersk Venturer ultra-deep water drillship for the Hawkeye-1 exploration well offshore the Philippines. The Gross Prospective Resource Best Estimate for the Hawkeye Prospect is 112mmbo (74mmbo net to Otto). Otto says
Diamond Offshore Drilling, Inc., a Houston-based offshore drilling contractor, today reported a net loss of $256 million, in the first quarter of 2015, compared to net income of $146 million, in the first quarter of 2014. Revenues in the first quarter of 2015 were $620 million, compared to revenues
Bergen Group has terminated the agreement on the sale of the properties and the rig service activity at Hanøytangen. To remind, the company decided in April to divest its rig-service activity at Hanøytangen for a total transaction price of NOK 245 million ($32.2 million). According to Bergen Group,
Lamprell, a provider of engineering and contracting services, has announced the completion of construction on the jack-up drilling rig, the “Butinah”, and delivery to Abu Dhabi’s National Drilling Company (NDC). This comes following an announcement last week where NDC exercised one of its existing o
Cameron has announced the introduction of its new LETOURNEAU Jaguar Class self-elevating mobile offshore drilling unit design. According to the company, utilizing the LETOURNEAU 1000-kip elevating unit and the LETOURNEAU STORM LOK leg fixation system, the Jaguar is capable of operating in water dept
Hercules Offshore, a U.S.-based offshore drilling contractor has received a notice from Saudi Aramco extending the previously announced termination date for one of its jack-up rigs. The termination for the Hercules 261 unit has now been postponed to May 31, 2015. “As previously disclosed, we are in
In the first quarter of the year, U.S. offshore drilling contractor Hercules Offshore laid off almost 40 percent of its workforce. This was revealed yesterday at a conference call by the company’s CEO, John T. Rynd. As Offshore Energy Today has reported earlier, if seismic contractors are the first
Virtual Marine Technology, a Canadian simulation services provider, announced it has installed its first lifeboat simulator system in Norway. The simulator was installed onto Prosafe’s Safe Boreas accommodation vessel in Stavanger. The simulator system was unveiled in as an element of the vessel’s s
BP has confirmed today it has kicked off drilling on the Loyal field in the North Sea, using the new-build, semi-submersible rig Deepsea Aberdeen. This marks the start of a seven year drilling campaign west of Shetland, UK. Deepsea Aberdeen is contracted to drill wells across the Schiehallion and Lo
South Korean ships and drilling rigs builder Hyundai Heavy Industries has reported its net loss for the 1Q of the year widened to 125.2 billion ($117.2 million) won from 37.9 billion won ($35.5 million) quarter on quarter. The company’s sales declined 11.7 % quarter-on-quarter from 13.8461 trillion
Shell Norge is reportedly planning to drill an exploration well 6407/10-4 in Portrush prospect located in the Norwegian Sea. According to petro.no, the well will be drilled with Transocean’s semi-submersible drilling rig Transocean Barents. Portrush is located in the production licence (PL) 793 whic
