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BP Cleared to Drill at Ironbark

Jul 17, 2020

Oil major BP has received regulatory approval for the planned drilling of the Ironbark prospect at the WA-359-P permit offshore Western Australia.BP is acting as the operator of the project - estimated to contain 15tcf of prospective recoverable…

Rystad: Number of Drilled Wells in 2020 to Hit Lowest Point in Two Decades

Jul 15, 2020

The number of drilled oil and gas wells this year is expected to reach about 55,350 this year, the lowest since at least the beginning of the century, Norwegian energy industry intelligence firm Rystad Energy said. The demand for drilling equipment is also down…

Noble Corp: New Rig Deals in UK, Extensions in Qatar and Suriname, Cancellation in Vietnam

Jul 10, 2020

Offshore drilling company Noble Corp. has secured contracts in the UK North Sea with CNOOC and Total, extensions for rigs in Qatar and Suriname, and a contract cancellation in Vietnam.In the UK, China's CNOOC has awarded a four-month contract for the Noble Sam Hartley jack-up rig…

Over 40 Offshore Rig Deals Dropped Since March. Still, There's Room for Optimism

Jul 08, 2020

After the long, slow downturn that began in late 2014, this year was set to be better with many dormant regions resuming exploration and long-awaited development drilling programs going ahead. Then in mid-March, a double disaster struck as an oil price crash coincided with a global pandemic…

ABS Certifies Jack-Up Rig Steel after Remote Survey

Jul 07, 2020

Classification and consultancy company ABS has provided a remote survey for steel certification at a steel mill, enabling Lamprell to continue work on jack-up drilling rigs, despite COVID-19 restrictions.Lamprell ordered 8855 MT of steel for…

Icon Offshore in Talks to Buy Jack-Up Rig from Perisai

Jul 07, 2020

Malaysian offshore services provider Icon Offshore is looking to buy the Perisai Pacific 101 offshore drilling rig from Perisai Petroleum Teknologi.Icon Offshore said Monday it was in negotiations with Perisai and its subsidiaries in relation…

Fred. Olsen Windcarrier Picks Jack-Up for 1600t Huisman Crane

Jul 03, 2020

Offshore wind turbine installation company Fred. Olsen Windcarrier back in March said it had struck a deal to equip one of its jack-up installation vessels with a 1600t crane for next-gen offshore wind turbines. While the company at the time…

Global Offshore Rig Count in June Falls to 208. Africa Suffers the Biggest Loss

Jul 02, 2020

The global active offshore drilling rig count for June 2020 was lower by 65 units, compared to June 2019, Baker Hughes' monthly rig count report has shown.Latin America was the only region that saw its offshore rig count rise, Europe and North America saw their numbers halved…

Saudi Aramco Suspends Seadrill's AOD II Jack-Up Rig

Jun 30, 2020

Saudi oil giant Saudi Aramco has suspended the contract for the Seadrill co-owned jack-up drilling rig AOD II.The rig has an $89,900 a day contract with Saudi Aramco in Saudi Arabia running until April 2023. The contract was signed in April 2020…

Petronas Hires Maersk Developer Rig for Suriname Drilling

Jun 30, 2020

Malaysian oil company Petronas has hired Maersk Drilling's semi-submersible drilling rig Maersk Developer to drill in Suriname.The contract is for a one-well exploration campaign in Block 52 offshore Suriname. Maersk Drilling said Tuesday the contract was expected to start in Q3/Q4 2020…

Keppel Starts Arbitration Against Awilco Drilling

Jun 23, 2020

Keppel Corporation has launched arbitration proceedings against offshore drilling company Awilco Drilling over the latter's recent move to terminate a semi-submersible rig construction contract worth about $425 million.Awilco earlier in June…

Saudi Aramco Suspends Shelf Drilling Jack-Up Rig

Jun 15, 2020

Saudi oil giant Saudi Aramco has decided to suspend a contract with Shelf Drilling for the High Island IV jack-up drilling rig.The offshore drilling contractor said Monday it had received a notification from 'a customer' on the suspension of…

Seafox's Push to Appoint Directors to GMS Board Rejected

Jun 12, 2020

Dutch offshore jack-up company Seafox has had its push to appoint two directors to the board of the UAE-based jack-up provider Gulf Marine Services, rejected.Seafox, a shareholder at GMS, on Thursday said it had written to Gulf Marine Services…

PHOTO: CNOOC Completes First Development Well at Lingshui 17-2

Jun 11, 2020

Chinese oil company CNOOC has this week completed the drilling of the first development well at the Lingshui 17-2 (LS 17-2) gas field development in the South China Sea, offshore China.The info, along with the photos, was shared by CIMC-Raffles…

Temasek Supports Sembcorp Marine's $1.5B Rights Issue

Jun 09, 2020

Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine…

Current News

KrisEnergy Gets Kepinvest Support to Bring Cambodia Offshore Oil Project Online

KrisEnergy Gets Kepinvest Support to Bring Cambodia Offshore Oil Project Online

Oil Major Chevron Tells Employees to Delete WeChat from Phones

Oil Major Chevron Tells Employees to Delete WeChat from Phones

Recruitment Firms Fircroft, NES Global Talent Set to Merge

Recruitment Firms Fircroft, NES Global Talent Set to Merge

DOF Subsea Nets Two APAC Gigs

DOF Subsea Nets Two APAC Gigs

Final Approvals Granted for BP's Ironbark Drilling Project in Australia

Final Approvals Granted for BP's Ironbark Drilling Project in Australia

Keppel Offshore & Marine Clinches $146,5M in New Orders

Keppel Offshore & Marine Clinches $146,5M in New Orders

Seafox Pushes to Oust GMS Directors

Seafox Pushes to Oust GMS Directors

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