Drilling

News
August 29, 2022
MACCO Restructuring Group recently announced that MACCO Managing Director David Weinhoffer successfully assumed control of and transited La Muralla IV, a sixth generation, semi-submersible oil drilling rig.
News
August 26, 2022
Neptune Energy and its partners announced a new commercial oil discovery at the Ofelia exploration well (PL 929), close to the Gjøa field in the Norwegian sector of the North Sea.
News
August 24, 2022
ADNOC Drilling Company signed a sale and purchase agreement to acquire an additional premium offshore jack-up drilling unit (rig) for $70 million.
News
August 24, 2022
Neptune Energy has begun an infill drilling campaign at its operated Cygnus gas field in the southern North Sea, with the potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter.
Article
August 2022
This independent presentation suggests a standard for defining various generations of mobile offshore drilling units (MODUs), centering around the “majority” of rigs. The very latest, most capable MODU generation is not needed to drill every well, but their flexibility attracts operators, at an increased price.
News
August 09, 2022
A federal judge ruled Brazil’s Petrobras liable in a lawsuit filed by Houston firm IEG Global Energy Partners, finding that Petrobras defrauded EIG in connection with a deal to build and charter 28 oil drilling rigs for work off the coast of Brazil.
News
July 28, 2022
Neptune Energy has begun drilling on the Ofelia exploration well in the Norwegian sector of the North Sea, the company announced.
News
July 27, 2022
ADNOC Drilling secured $2 billion wroth of contracts from state-owned Abu Dhabi National Oil Company for its Ghasha offshore mega gas project, which ADNOC says is the world’s largest sour gas development.
News
July 22, 2022
Schlumberger said annual sales will rise the most in 11 years as concern over inadequate energy supplies outweighs recessionary fears among major oil explorers.
News
July 19, 2022
Sparrows Group, engineering and maintenance specialists for the global energy and industrial sectors, has secured a contract worth approximately £50 million with a major UKCS operator to provide crane management services across its operating assets in the North Sea.
Article
July 2022
After years of operating on beer budgets, service and supply companies have every reason to uncork the champagne these days. However, the Dom Pérignon may have to remain on ice for now, as bright prospects run headlong into near-record inflation, supply chain bottlenecks, repercussions from the Ukrainian war and China’s Covid-induced lockdown.
News
July 18, 2022
Sembcorp Marine Ltd, through its wholly owned subsidiary, Sembcorp Marine Offshore Platforms Pte. Ltd., has entered into an Engineering, Procurement, Construction and Installation contract with a major energy company for a gas topsides project in Australia.
News
July 13, 2022
Mubadala Petroleum announced that the drilling of the Timpan-1 exploration well offshore North Sumatra, Indonesia, has been completed with the discovery of a 390-foot gas column.
News
June 29, 2022
Sembcorp Marine Ltd successfully completed the delivery of the world’s first eighth-generation drillship, the Deepwater Atlas, for Transocean’s subsidiary Triton Atlas GmBH.
News
June 28, 2022
Canadian-based oil and gas exploration company, Eco Atlantic, through its subsidiary Azinam Limited, signed a farmout agreement for the acquisition of an additional 6.25% participating interest in Block 3B/4B offshore South Africa.
News
June 27, 2022
BiSN, a supplier of sealing solutions and technology to the global oil and gas industry, announced that it has completed its 300th deployment, helping operators around the world to effectively solve common downhole flow issues.
News
June 28, 2022
Strohm has supplied Shell with a static Thermoplastic Composite (TCP) Riser to support operations at one of its Southern North Sea assets.
News
June 24, 2022
BP paid tax on its UK North Sea business in 2021 for the first time in at least six years, according to the company’s latest payments to governments report.
Article
June 2022
Crude prices climbed in May, as the war in Ukraine persisted. Experts predicted a drawn-out battle, which exacerbated concerns over the loss of Russian supplies, even after the war ends.
Article
June 2022
In an exclusive interview, Energy NL’s Charlene Johnson talks about the fortunate turn of events that has transformed the outlook for East Canada’s offshore activity.
News
June 23, 2022
Seadrill Limited, an offshore drilling contractor, announced it has been awarded contract extensions for the AOD I, AOD III and West Callisto jackup rigs for work offshore in the Persian Gulf.
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