Offshore drilling contractor Vantage Drilling said Wednesday it had received a letter of award with the Indian oil company ONGC for the charter of its ultra-deepwater drillship Platinum Explorer.The rig contract is for two years and will begin once the current three-year contract with ONGC expires…
Offshore drilling contractor Vantage Drilling has won a two-well contract for its Sapphire Driller jack-up rig.The rig will drill for Trident Energy in Equatorial Guinea, starting in the second quarter of 2021. While Vantage Drilling did not share the financial details of the deal…
Offshore drilling contractor Vantage Drilling reported a net loss attributable to controlling interest of approximately $31.9 million for the second quarter of 2020.For comparison, Vantage Drilling's 2Q income last year was $590 million, however…
Italian energy company Eni has chartered Vantage Drilling's Topaz Driller jack-up drilling rig for drilling operations in the Adriatic Sea, offshore Montenegro.Under the contract announced by Vantage on Tuesday, the 2009-built Topaz Driller will provide drilling services for 180 days…
Offshore drilling contractor Vantage Drilling on Tuesday posted a net loss of $30,6 million for the first quarter of 2020, an improvement on $47,9 million loss in 1Q 2019.Ihab Toma, the CEO, said: “Despite the challenges presented by COVID-19 and the resulting global economic crisis…
Vantage Drilling has signed an agreement in Egypt to train local workforce in the space of offshore drilling.A Memorandum of Understanding has been signed by Ihab Toma CEO of Vantage Drilling, Osama El Bakly, Chairman of Egyptian Natural Gas…
Africa-focused oil company Tower Resources has completed a geotechnical survey at its Thali license offshore Cameroon, ahead of the planned drilling operations later this year.'The Geoquip Marine survey vessel MV Investigator completed its survey…
The offshore platform supply vessel Lundstrom Tide has docked in the port of Beirut, ahead of the imminent start of the drilling of Lebanon's first offshore well.The vessel will support a drilling operation in the Total-operated Block 4, in the Mediterranean Sea…
London-listed Tower Resources has started the site survey at its Thali license offshore Cameroon, ahead of the planned drilling operation at the NJOM-3 well.Tower Resources said Tuesday that the Geoquip Marine geotechnical drillship vessel MV…
Lebanon has postponed a deadline for the submission of applications as part of its second licensing round for oil and gas acreage, Lebanon's energy minister Nada Boustani tweeted Monday.According to Reuters, which translated the tweet in Arabic…
Exploration and production (E&P) companies are expected to enter 2020 with measured optimism for offshore exploration prospects, after 2019 delivered a moderate increase in exploration drilling and not-so-moderate rise in licensing activity…
The oil rig contractor ADES International PLC has won a second deepwater drilling campaign in the Egyptian Mediterranean area, from an undisclosed oil company.The offshore driller said that the contract was signed for deepwater drilling in the Egyptian Mediterranean area…
Offshore drilling contractor Northern Drilling announced it has cancelled a resale contract for the 7th generation ultra deepwater drillship West Cobalt, which had been scheduled for delivery from South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) in 2021…
VAALCO Energy said it has spud the Etame 9P appraisal wellbore at the Etame field to kick off its 2019/2020 drilling campaign offshore Gabon.Drilling of the Etame 9P appraisal wellbore is expected to take approximately four weeks, after which…
The hydrocarbon exploration company Vaalco Energy is set to begin a drilling program off Gabon following a successful full-field maintenance shutdown at the Etame Marin licence.The Houston-based energy company provided an operational update…
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