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Oil & Gas Drilling News - page 18

 

Keppel, Sembcorp Marine in Talks to Merge Offshore and Marine Units

Jun 24, 2021

Temasek-backed Singapore conglomerate Keppel Corp and smaller rival Sembcorp Marine are exploring a potential tie-up which would see them combine their struggling offshore and marine (O&M) businesses after years of losses in an industry downturn…

North Oil Company Books JDC Jack-Up Rig for Al-Shaheen Operations

Jun 16, 2021

Offshore drilling contractor Japan Drilling Co., Ltd. (JDC) has secured an offshore drilling contract with North Oil Company in Qatar.JDC will provide its jack-up drilling rig Hakuryu-10 over a three-year contract at Qatar's giant offshore oil field Al-Shaheen…

Australia: Advent Energy Issues Call for Offshore Drilling Rig to Drill Baleen-1 Well

Jun 09, 2021

Australian oil and gas company Advent Energy has issued a call for tender for the delivery of offshore drilling services for its Baleen-1 well, off Newcastle, Australia.The tender has been issued to multiple drilling contractors who have semi-submersible drilling units in the region…

Gazprom Neft, Novatek Form Arctic E&P JV

Jun 04, 2021

Russian energy companies Novatek and Gazprom Neft on Friday created an exploration and production joint venture which will focus on work in the East Siberian Sea and the Chukchi Sea.As part of the agreement, Novatek acquired a 49% participation interest in OOO Gazpromneft Sakhalin…

Malaysian Offshore Driller Sends Notice of Abandonment to Insurers of Sunken Rig

May 31, 2021

Naga 7, a jack-up drilling rig that sank earlier in May while gearing up to start drilling for ConocoPhillips off Malaysia, remains sunken at the location, Velesto, the owner said Monday, adding that it has sent a notice of abandonment to the insurers…

Timor Leste: Santos Kicks Off Bayu Undan Infill Drilling

May 25, 2021

Australian oil and gas company Santos has started Phase 3C infill drilling program at the Bayu-Undan field, offshore Timor-Leste.Under the $235 million drilling program, sanctioned in January, Santos will drill three production wells and will develop additional natural gas and liquids reserves…

PTTEP Makes Another Gas Discovery Offshore Malaysia

May 19, 2021

Thai oil company PTTEP has made another gas discovery offshore Malaysia, this time at the exploration well, Kulintang-1, its first drilled in the Block SK438, located around 230 kilometers off the coast of Miri, Sarawak.The company has been…

ADNOC Kicks Off Investor Meetings Ahead of Drilling Unit IPO

May 17, 2021

Abu Dhabi National Oil Company (ADNOC) has started virtual meetings with potential investors ahead of the planned initial public offering of its drilling unit, two sources told Reuters.Banks working on ADNOC Drilling are scheduling calls with local…

Aban Offshore Resumes Jack-up Rig Ops after Suspension Due to Virus Outbreak

May 13, 2021

Indian offshore drilling rig owner Aban Offshore has resumed operations at its Aban IV jack-up drilling rig following a suspension due to a Covid-19 outbreak.Aban Offshore had suspended operations on the 1983-built, 2011-refurbished offshore drilling rig in the first week of May…

Carnarvon: Buffalo Drilling Rig Tender Nears Completion. Spud Date Set for Q4

May 11, 2021

The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum's and Advance Energy's Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021…

Seadrill Partners Bags Four-Well Drilling Deal for Rig in Malaysia

May 11, 2021

Seadrill Partners, an offshore drilling contractor, has secured a four-well contract for its West Capella drillship in Malaysia with an unnamed client. The client will have an option to extend the contract for up to seven more wells. The contract's…

Valaris JU-115 Jack-Up Rig to Stay Off Thailand Until Sept. 2022

May 10, 2021

Offshore drilling company Valaris, which last week emerged from bankruptcy, has won a contract extension for its Valaris JU-115 jack-up rig offshore Thailand.Valaris said Monday that the oil and gas company Mubadala Petroleum had extended the jack-up rig charter by around 240 days…

ADNOC's Drilling Unit to Go Public

May 10, 2021

Abu Dhabi National Oil Co (ADNOC) has invited investment banks to pitch for bookrunner roles for the initial public offering of its drilling unit, two sources told Reuters on Sunday.The oil giant invited a handful of international and local…

Jindal Bags 3-Year Jack-Up Rig Charter with ONGC

May 07, 2021

Indian oil and gas company ONGC has chartered a jack-up drilling rig from the Indian offshore drilling contractor Jindal Drilling & Industries.Jindal said this week that the ONGC had sent a letter of award for the charter hire of the jack-up drilling unit Jindal Explorer…

Malaysia Offshore Rig Sinking: All 101 Crewmembers Brought to Shore Safely

May 06, 2021

All workers from the Naga 7 jack-up drilling rig that sunk off Sarawak earlier this week, have been safely brought to shore, Velesto, the owner of the ill-fated jack-up, said Thursday.The rig had been preparing to start a drilling operation of a subsidiary of the U…

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