Baker Hughes Incorporated has posted yet another Weekly Rig Count reports to its Investor Relations website. Offshore rigs have dropped. BHI Rig Count: U.S. -18 to 1875 rigs U.S. Rig Count is down 18 rigs from last week to 1875, with oil rigs down 10 to 1536, gas rigs down 8 to […]
Transocean, one of the world’s largest offshore drilling contractors, has issued its monthly Fleet Update Summary according to which it plans to scrap seven lower-specification deepwater and midwater floaters. The company intends to scrap the following rigs: Sedco 710, Sovereign Explorer, Sedco 700,
The Petroleum Safety Authority Norway (PSA) has turned down an application from BP Norge AS for consent to extend the operating life of the quarters platform (QP) on the Valhall field. BP currently has permission to use Valhall QP for accommodation until December 31, 2014, and it has applied to the
Tower Resources plc has reached an agreement with the Operator, Repsol Exploration (Namibia) (Pty) Limited, relating to the disputed costs associated with the drilling of the Welwitschia prospect, offshore Namibia. According to Tower, the Operator’s estimate of well and other related costs for the d
Det norske has informed that the exploration drilling on the Krafla North prospect in PL 035, in the North Sea, is about to be completed. Exploration well 30/11-10 encountered an 80 meter oil column in the Tarbert formation and a 20 meter oil column in the Etive formation. Det norske is partner with
RWE Dea Norge AS, operator of production licence 420, is in the process of concluding the drilling of wildcat well 35/9-12 S, in the North Sea, off Norway. The Norwegian Petroleum Directorate (NPD) granted RWE Dea a drilling permit for the well 35/9-12 S in November. The well was drilled about 20 ki
Lamprell has announced the completion of construction on a further jack-up drilling rig, the “Shuwehat”, and its delivery to Abu Dhabi’s National Drilling Company (NDC). This follows the recent announcement on November 12, when the Group received a new contract award from NDC for the construction of
Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to use Oseberg Vestflanke, located in the North Sea, beyond its originally planned life. Oseberg Vestflanke is part of the Oseberg field and has been developed using subsea facilities tied back to the Oseberg field centre.
2H Offshore, an Acteon company, has signed a contract to deliver a lightweight conductor-supported platform for EQ Petroleum Developments Malaysia Sdn Bhd for installation in the Tanjong Baram field, offshore Malaysia. EQ Petroleum Developments Malaysia is a subsidiary of EnQuest PLC. According to 2
Statoil and its partners have decided to develop the Rutil discovery located in the Gullfaks Rimfaks valley in the North Sea. According to Statoil, providing close to 80 million barrels of oil equivalent, the development will extend the lifetime of the Gullfaks A platform. The plan for development a
The Norwegian Petroleum Directorate (NPD) has granted Det norske oljeselskap AS a drilling permit for wells 16/1-21 S and 16/1-21 A, located offshore Norway. Wells 16/1-21 S and 16/1-21 A will be drilled from the Maersk Interceptor jack-up drilling rig from the joint position in production licence 0
Husky Energy and CNOOC Limited have started production at the Liuhua 34-2 gas field in the South China Sea, the second field to be brought online at the Liwan Gas Project this year. The Liwan 3-1 field began production in March 2014. “Liuhua 34-2 will contribute to the ramp up of Liwan next year,” s
Amec Foster Wheeler has announced the award of a Front End Engineering Design (FEED) contract by Chevron North Sea Limited to an Amec Foster Wheeler company for the Captain Enhanced Oil Recovery (EOR) development in the North Sea. The value of the contract has not been announced. According to the co
Asset Guardian Solutions Ltd (AGSL) has been awarded a contract by Dolphin Drilling AS of Tananger, Norway. This is the first contract awarded to AGSL by a Norwegian-based company. Asset Guardian AGSL will provide Dolphin Drilling AS with Asset Guardian, a fully configurable process software managem
