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Rigs

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Rendering of Alaska LNG plant
Rigs

$1.3 trillion windfall coming up on America’s GDP horizon with LNG bonanza

With 14 multibillion-dollar projects lined up on the LNG export menu, America seems poised to reach the $1.3 trillion gross domestic product (GDP) promise spotlighted in a recent S&P Global study, making a strong case for an LNG boom.

23 minutes read
Valaris DS-9 drillship; Source: ExxonMobil
Rigs

ExxonMobil, QatarEnergy get drilling ops with Valaris rig underway as Cyprus and Egypt sow the seeds of energy bonds

ExxonMobil and QatarEnergy have fired the starting gun on drilling activities off the coast of Cyprus, using one of the drillships owned by Valaris.

about 1 year ago
Illustration; Source: ADES
Rigs

Rig’s 365-day Nigerian offshore drilling gig enables ADES’ first foray into West Africa

ADES has expanded its global presence by spreading its wings to the eleventh country, thanks to an offshore drilling assignment one of its jack-up rigs will undertake off the coast of Nigeria.

about 1 year ago
Transocean Norge; Source: Transocean
Rigs

All-systems-go for Transocean rig to spin the drill bit in North Sea

OMV has received a drilling permit from the country’s authorities for a wildcat well in the North Sea off the coast of Norway, enabling it to undertake drilling activities next month with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 1 year ago
Kuwait Petroleum Company
Rigs

Another oil & gas discovery of ‘great importance’ springs up offshore Kuwait

Kuwait Petroleum Corporation (KPC) has confirmed a large hydrocarbon discovery at an offshore field in the country’s territorial waters, bolstering its expectations of discovering more offshore oil and gas to boost the country’s energy arsenal.

about 1 year ago
Depsea Yantai rig; Source: Neptune Energy
Rigs

Orlen and Shell come up empty as Tomcat drilling ops wind down

Orlen Upstream Norway, part of Poland’s Orlen Group, has wrapped up drilling activities at a wildcat well in the southern part of the Norwegian Sea, undertaken with one of the Odfjell Drilling-managed rigs, without finding any commercial volumes of hydrocarbons.

about 1 year ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Rigs

Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect

Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest?

24 minutes read
COSL Innovator rig; Source: COSL
Rigs

COSL rig spuds North Sea well as another awaits its turn in UK waters

Serica Energy has kicked off drilling operations at the next well in its multi-well drilling campaign and work-over program in the North Sea, with a rig from COSL Drilling Europe, which has one more well lined up with the British player on the UK Continental Shelf (UKCS).

about 1 year ago
Valaris DS-9 drillship; Source: Valaris
Rigs

ExxonMobil’s drilling ops with Valaris drillship unleash more gas

ExxonMobil has made a new gas discovery in the western region of the Mediterranean Sea, off the coast of Egypt, with a drillship owned by Valaris, an offshore drilling contract.

about 1 year ago
COSL Prospector rig; Source: COSL
Rigs

Unfavorable price environment makes new gas discovery unprofitable

Vår Energi has found more gas in the Barents Sea, thanks to the drilling operations, which were conducted with one of COSL Drilling Europe’s semi-submersible rigs off the coast of Norway.

about 1 year ago
Borr Galar and Borr Njord; Photo credit: GPO Heavylift
Rigs

Three Borr rigs hit the brakes on drilling ops in North America as new suspension comes

Borr Drilling has confirmed a temporary suspension of operations notice for a jack-up rig trio working off the coast of Mexico, North America.

about 1 year ago
Illustration; Source: KCA Deutag
Rigs

Helmerich & Payne-KCA Deutag merger establishes driller with ‘robust geographic and operational mix‘

U.S.-headquartered rig technologies and drilling solutions player Helmerich & Payne (H&P) has wrapped up its business combination with KCA Deutag.

about 1 year ago
Vela drillship (former West Vela); Source: Diamond Offshore, now part of Noble Corporation
Rigs

Seadrill drillship strikes oil & gas in US Gulf of Mexico enabling Talos to eye production start-up next quarter

Talos Energy has made a new oil and natural gas discovery in the U.S. Gulf of Mexico, thanks to its ongoing drilling activities with a drillship owned by Seadrill.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Rigs

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities.

about 1 year ago
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