Rigs
Offshore drillers will be living on the edge, Rystad analysis shows
The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling, in particular, is among the most affected industry segments, according to energy intelligence firm Rystad Energy.
Prosafe in talks with operators over possible contract changes
Prosafe, a provider of semi-submersible accommodation rigs, is in talks with operators related to potential contract changes for its units.
Seadrill gets NYSE listing warning
Offshore drilling contractor Seadrill Limited has been given a continued listing standard notice from the New York Stock Exchange.
Equinor finds oil in first operated Gulf of Mexico well since 2015
Norwegian oil major Equinor has encountered oil in the Monument exploration well in the U.S. Gulf of Mexico.
Aker BP makes minor gas discovery near Skarv field
Aker BP has made a minor gas discovery southwest of the Skarv field in the Norwegian Sea.
Shelf Drilling gets third termination in less than a month
Shelf Drilling has entered into a mutual agreement with a customer to shorten the contract for another one of its jack-up drilling rigs operating in the Middle East, which makes it a third early termination for Shelf in less than a month.
U.S. weekly offshore rig count flat at 18
The number of active offshore rigs in the U.S. remained unchanged over the last week, according to a Friday report by Baker Hughes Company.
Worldwide offshore rig count in March drops by four rigs sequentially and year-over-year
The worldwide offshore rig count in March 2020 has dropped four rigs sequentially and year-over-year, according to rig count reports by Baker Hughes Company.
Apache in second ‘significant oil discovery’ offshore Suriname
Oil and gas company Apache Corporation has made a ‘significant oil discovery’ at the Sapakara West-1 well drilled offshore Suriname on Block 58.
Rig utilisation in Southeast Asia set for decline, Rystad’s analysis shows
Southeast Asia’s rig market, which was poised for growth in 2020, is now set for a decline. Several oil companies have already made significant cuts to their 2020 capex budgets due to the impact of the Covid-19 pandemic and the ongoing oil price war, a Rystad Energy’s analysis shows.
ABS to class new jack-up drilling units for Silver Eagle
ABS, a global classification provider, will provide classification for a series of self-elevating drilling units (SEDU) for Silver Eagle Global.
Valaris gets two rig contract terminations in Angola
Valaris has received contract terminations for two rigs operating offshore Angola, one from Total and the other one from Chevron, but has also secured revenue backlog of $100 million.
Vaalco wraps up drilling campaign offshore Gabon
Vaalco has completed its 2019/2020 drilling campaign in the Etame Marin permit offshore Gabon, which included three development wells and two appraisal wells that confirmed additional resources.
Wellesley takes Dolphin rig for drilling ops offshore Norway
Dolphin Drilling has secured a one well plus one optional well contract with Wellesley Petroleum for drilling work on the Norwegian Continental Shelf.