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Oil & Gas Drilling News

 

Noble Corp. Sells Four Jack-up Rigs to ADES

Nov 04, 2021

Offshore drilling company Noble Corporation has completed the sale of four jack-up drilling rigs in Saudi Arabia to drilling firm ADES.The companies first announced the sale and purchase deal for the rigs Noble Roger Lewis, Noble Scott Marks, Noble Joe Knight, and Noble Johnny Whitstine - all on contracts with Saudi Aramco - in August.Noble said Thursday it expected to generate approximately $285 million in cash from the transaction net of fees…

DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico

Nov 24, 2021

Well construction firm DeltaTek said Tuesday that Petronas had recently used its cementing technology offshore Mexico for the first time.This project, at a deepwater exploration well (BC-1) off the coast of Tampico in over 5000ft of water, marked…

India: ONGC Awards Shelf Drilling Rig a Three-year Deal

Nov 23, 2021

Shallow water drilling contractor Shelf Drilling has secured a three-year contract for one of its jack-up rigs in India.The contract, with India's national oil company ONGC, is for the Ron Tappmeyer jack-up drilling unit, for offshore operations in Indian waters…

FPSO Compressor Fault Affects Pharos' Vietnam Output. Infill Drilling Campaign Complete

Nov 18, 2021

Pharos Energy plc, an oil and gas exploration and production company, with an interest in the TGT field offshore Vietnam, has completed the first phase of the infill development drilling program at the field, however, it has also experienced a setback with an FPSO compressor…

ADIPEC: Baker Hughes, AIQ to Create Analytics Solutions for Oil and Gas Industry

Nov 18, 2021

Oilfield services and energy tech firm Baker Hughes has entered a partnership with AIQ, an artificial intelligence JV between the Abu Dhabi National Oil Company's (ADNOC) with Group 42 (G42). The partners will collaborate to create advanced analytics solutions for the global oil and gas industry…

Empyrean, COSL Pen Drilling Contract for Jade Well in China. Spud Date Set for Late December

Nov 12, 2021

Empyrean, an oil and gas firm preparing to drill its 'world-class' Jade prospect offshore China, has executed the final integrated drilling contract with the Chinese offshore drilling company COSL.The parties had previously agreed on technical…

ADNOC Drilling's Q3 Profit Rises Almost 50%

Nov 10, 2021

ADNOC Drilling posted a rise of almost 50% in third-quarter profit on Wednesday, driven by new rigs and reactivation of others this year, in addition to an increase in oilfield services.The unit of Abu Dhabi National Oil Company, which went public last month…

JDC's Jack-up Starts Drilling Off Vietnam

Nov 09, 2021

Japanese offshore drilling firm Japan Drilling Company has said that one of its jack-up drilling rigs has started a drilling operation in Vietnam.The rig, HAKURYU-11 rig has kicked off the drilling operation based on a subcontract with PetroVietnam Drilling & Well Services Corporation…

VIDEO: Offshore Drilling Firm Velesto Orders Chela Cranes from NOV

Nov 04, 2021

Velesto Drilling, a Malaysia-based offshore drilling company, has ordered two Chela cranes from NOV's Gusto MSC, to be installed on a jack-up drilling rig.NOV said that the deal marked the first two orders for the 'new and cost-competitive version' of the Crane - the Chela Twins…

China: CNOOC EnerTech to Assist Empyrean with Jade Offshore Well Works

Nov 03, 2021

Empyrean Energy has engaged CNOOC EnerTech to manage critical pre-drilling permitting and logistical requirements related to Empyrean's planned drilling operations at the Jade well in Block 29/11, offshore China.CNOOC EnerTech is a subsidiary…

Transocean Posts 3Q Loss. Says Market Conditions, Dayrates Improving

Nov 02, 2021

Offshore drilling company Transocean on Tuesday posted a third-quarter loss, but the CEO Jeremy Tighpen praised fleet performance, improving market conditions, and rising dayrates.Swiss-based drilling contractor posted a third-quarter net loss of $130 million…

China's CNOOC Sees Q3 Revenue Soar, Reaffirms Green Investment

Oct 29, 2021

CNOOC Ltd's unaudited third-quarter revenue grew 64% to 59.7 billion yuan ($9.33 billion) on higher prices and output, the Chinese offshore oil and gas major said on Thursday.The state oil firm said it is mapping out an emissions-cutting roadmap…

Dolphin Drilling Secures Marketing Rights for Keppel's 7th Gen. Semi-sub Rigs

Oct 28, 2021

In a deal with Singapore's offshore rig builder Keppel Fels, offshore drilling contractor Dolphin Drilling said it has secured the marketing rights for the KFELS Moss Maritime CS60 ECO MW semi-submersible drilling rigs.While the drilling company did not explicitly say it…

Hezbollah Warns Israel against Drilling in Disputed Waters

Oct 25, 2021

The leader of Lebanon's Hezbollah on Friday warned Israel against drilling for oil and gas in the disputed maritime border area between the two countries until the issue is resolved, and said the Iran-backed group would take action if it did so…

Upgrading Offshore Rig DP Systems Could Cut CO2 Emissions by 5,000t a Year, ADC Energy Says

Oct 25, 2021

ADC Energy, an Aberdeen-based offshore rig inspection firm, has announced the completion of a trial with 'a major rig owner' that found that an upgrade to Dynamically Positioned (DP) rigs power systems can reduce carbon emissions by nearly 5…

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DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico

DeltaTek's Cementing Tech Saves Petronas Time and Cost Offshore Mexico
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