The recently delivered ‘Greatdrill Chaaru’ jack-up drilling rig will work for the national oil company of India, ONGC. The information was revealed today by Lamprell, the company that built the rig. The rig, owned by Greatship Global Energy Services Pte. Ltd, will join its sister rig the “Greatdrill
VAALCO Energy has on March 2, 2015, spudded the post-salt Kindele-1 well, its first exploration well on Block 5 offshore Angola. VAALCO contracted the Transocean “Celtic Sea” semi-submersible rig to drill the Kindele-1 well to a planned total depth of 2,250 meters in a water depth of approximately 1
The Petroleum Safety Authority Norway (PSA) has decided to launch an investigation into an incident that occurred on Transocean Barents on March 4, 2015 when a roughneck suffered crush injuries. According to the PSA, the injured drill floor worker was on the monkey board, about 10-12 metres in the d
Greatship Global Energy Services Pte. Ltd., a Singapore-based subsidiary of Greatship (India) Limited (GIL), has taken delivery of a jack-up drilling rig. The rig, of Le Tourneau Super 116(E) design, was delivered by Lamprell Energy Ltd. in UAE. The rig was named Greatdrill Chaaru. The Greatdrill Ch
The Petroleum Safety Authority Norway (PSA) has set up a working group to examine possible means of reducing costs on the Norwegian Continental Shelf associated with rig movements between the shelves in the North Sea. The group’s reporting is to include suggestions for measures to help streamline mo
Lundin Petroleum has kicked off drilling operations of exploration well 33/2-2S in PL579, offshore Norway. The well will investigate the hydrocarbon potential of the Morkel prospect in PL579,which is located 180 km west of Florø on the Norwegian west coast and approximately 40 km northwest of the Sn
Falkland Oil and Gas Limited, and Rockhopper Exploration plc have informed that the drilling unit Eirik Raude has arrived in the North Falkland Basin (NFB). The semi-submersible rig will shortly be moving to location to drill the first well, on the Zebedee prospect, of the six well drilling campaign
Lundin Norway AS (Lundin) has received consent from the Petroleum Safety Authority Norway(PSA) for exploration drilling of well 7220/11-2, in the Barents Sea with Island Innovator rig. Lundin was granted a drilling permit for well 7220/11-2 from the Norwegian Petroleum Directorate (NPD) in January 2
Karoon Gas Australia Ltd has announced the spudding of the Kangaroo West-1 exploration well, the second well in the current Santos Basin drilling campaign, off Brazil, at 0815 hrs BRT on February 26, 2015. The 26” hole section has been drilled to a depth of 1,106 mRT and preparations are under way t
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 2/4-23, located in the southern part of the North Sea. Well 2/4-23 will be drilled from the Mærsk Gallant jack-up drilling rig. Statoil received consent from the Petroleum Safety Authority Norway to
Otto Energy Ltd has signed a farm-out agreement for a 15 % interest in the SC55 block, offshore the Philippines, with Red Emperor Resources NL. Red Emperor, listed on the ASX and AIM , has agreed to farm-in to SC55 and earn a 15% working interest by participating in the drilling of the Hawkeye-1 exp
Statoil has received consent from the Petroleum Safety Authority Norway (PSA) for exploration drilling in block 6706/12 located in the Norwegian Sea. Statoil recently decided to drill a well in production licence 602 in order to test the Roald Rygg Prospect. Statoil is the operator for PL 602 in blo
What sparked your interest the most in the previous week was an article containing an infographic that details how oil prices affect everything. A research was carried out to investigate how the price of oil has had a huge effect on the global economy and how it impacts our lives in general. You wil
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which offshore rigs are down this week. BHI Rig Count: U.S. -43 to 1267 rigs U.S. Rig Count is down 43 rigs from last week to 1267, with oil rigs down 33 to 986, gas rigs down 9 to […]
