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Oil & Gas Drilling News - page 25

 

Solstad Nets Offshore Wind Deal for Normand Baltic Vessel

Aug 12, 2020

Solstad Offshore's construction support vessel Normand Baltic has won an offshore wind gig in Taiwan.The Norwegian offshore vessel owner said Wednesday the contract for the use of the 2010-built  Normand Baltic was with undisclosed EPIC contractor…

Solstad Nabs More Work for Offshore Vessel Trio in Australia

Aug 11, 2020

Norwegian offshore vessel owner Solstad Offshore has secured more work for three of its offshore vessels in Australia, following a recently announced deal with BP.As previously reported, Solstad offshore earlier in August said BP would use two…

Pharos Energy Secures Two-Year License Extension at TGT Field

Aug 04, 2020

Pharos Energy, and oil and gas company formerly known as Soco International, has been granted a two-year license extension for the TGT offshore field license in Vietnam.The company said Tuesday the license had been formally granted to the Joint…

BP Charters Solstad Offshore Vessel Trio for Ironbark Drilling Support

Aug 03, 2020

BP has chartered Solstad Offshore's three offshore support vessels to support its Ironbark drilling campaign in Australia.Norway's based offshore vessel owner Solstad Offshore said Monday that BP had awarded contracts for two anchor handling tug and supply vessels Normand Saracen and Far Senator…

Indonesia to Offer More Flexibility to Oil and Gas Explorers

Aug 03, 2020

Indonesia announced over the weekend that it had made revisions to a 2017 law that will give oil and gas investors more flexibility when choosing their contract options for exploration.The revisions, which came into effect on July 16, allow…

India's Deepwater Gas Output Pressured by Low Spot LNG Prices

Jul 21, 2020

India’s new deepwater gas production could be under pressure from low spot LNG prices, says Wood Mackenzie.Deepwater is expected to drive India’s gas production growth, adding over 1 billion cubic foot per day (bcfd) of new supply by 2023. However…

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…

Total Wins Woodmac's 'Most Admired Explorer' Award

Jul 06, 2020

French major Total has been named the upstream industry’s most-admired explorer, an accolade awarded in conjunction with Wood Mackenzie’s annual Exploration Survey.  Dr. Andrew Latham, Vice President, Global Exploration Research, at Wood Mackenzie…

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…

Asia Pacific Drilling Technology Event Delayed for 2021

Jul 02, 2020

Asia Pacific Drilling Technology Conference and Exhibition (APDT) originally scheduled for September 1-2 2020 in Yangon, Myanmar has been postponed for next year due to the COVID-19 pandemic.'Due to the ongoing global public health concerns related to COVID-19…

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