Royal Dutch Shell, Eni, BP and Exxon Mobil were among winners of Egypt's international tender for oil and gas exploration on Tuesday, with 12 concessions awarded in total.It marks Exxon Mobil's entry into gas exploration in Egypt, while Shell…
Malaysian services company Sapura Energy Berhad announced Monday it has secured RM760 million ($184.6 million) in contract wins for its drilling and engineering & construction businesses. The latest achievements have lifted the value of contract wins to RM9…
Norwegian contractor Borr Drilling has made the decision to activate speculatively four more newbuild jack-ups as it sees rising demand for such high-specification units.'This decision is made on the back of Borr’s previously announced success…
Archer has been awarded a new, three-year contract by Apache for platform drilling management services in the North Sea. The contract includes operations and maintenance on Apache's Forties and Beryl fields. This will include the Forties Alpha…
Frigstad Offshore reported Tuesday (28 November) that it had initiated a tender process with shipyards in Asia to price a new generation harsh environment semisubmersible drilling rig. The Frigstad D90TM AWD design has been developed over…
Oilfield giant schlumberger has revealed a slew of new contacts including a deal to supply equipment to the Leviathan field, offshore Israel, and to perform ocean bottom survey work on BP's Clair Ridge field, west of Shetland, UK. The…
Quadrant Energy is in the final stages of evaluating tenders for a semisubmersible to drill the Phoenix-3 South well offshore Western Australia in early 2018. Source: Carnarvon Petroleum The…
Danish drilling rig operator Maersk Drilling has said it doesn't expect to see significant improvements in offshore rig demand until oil prices stabilize above US$60/bbl, or until drilling costs adjust to a lower oil price. 'With the excess supply…
Maersk Drilling has been awarded a contract for the harsh environment jackup rig Mærsk Gallant, following a competitive tendering exercise by Nexen Petroleum UK, a wholly owned subsidiary of CNOOC Ltd. The contract covers the drilling of the high-pressure…
Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Dolphin Drilling and Total E&P UK entered into an early termination agreement that will move the Borgsten Dolphin support vessel to the cold stack list. Dolphin Drilling, a subsidiary of Fred. Olsen Energy (FOE), said the tender for support…
Providence Resources is putting a tender for a rig contract for the 2017 Druid drilling program in the southern Porcupine Basin in FEL 2/14, off the south west coast of Ireland. It is expected that the rig contract will be signed during Q4 2016 to facilitate summer 2017 drilling…
The Norwegian Petroleum Directorate (NPD) has announced a tender competition to supplement its technological expertise and capacity, with the intention of becoming even more of a driving force in the development of discoveries and improved recovery measures from producing fields…
Premier Oil and its partners in the upcoming shallow water bid round offshore Mexico are anticipating to go out to tender for a moored, semisubmersible rig for Block 7 in Q4 2016, the company revealed in its 1H 2016 report. Map of Blocks 2 and 7…
Subsidiary companies within the SapuraKencana Group have been awarded contracts and extensions with a combined value of approximately US$117 million (RM503 million). Image from SapuraKencana. SapuraKencana HL Sdn…
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