Drilling
News
August 22, 2023
The new Nubia discovery confirms the exploration potential in the northern area of the concession. The discovery also demonstrates that, whilst the Gulf of Suez is a relatively mature hydrocarbon province, it still has significant remaining exploration potential.
Article
August 2023
Riserless casing drilling technology in the deepwater top hole interval can provide effective mitigation and isolation of deepwater shallow hazards. This shift in deepwater well construction allows deepwater riserless casing setting depths, based on prevailing pore pressure and fracture gradients, as opposed to the established strategy of “top setting” shallow hazards.
News
August 18, 2023
TotalEnergies SE and Shell Plc are appraising recent oil finds that could hold an estimated 7 Bboe, according to consultant Wood Mackenzie. Activity offshore the country has accounted for 13% of rigs working in African waters, bolstering its status as an exploration hot spot.
News
August 14, 2023
The contract is for one well plus one optional well, and is expected to commence in the second quarter of 2024. The duration for the firm contract period is approximately 200 days, including transit to and from Canada.
News
August 09, 2023
The attorney general’s office, or AGU, will issue an opinion that it is not necessary for Petroleo Brasileiro SA to conduct a major environmental impact study to begin prospecting oil in the so-called Foz do Amazonas, a region off the country’s northern coast, according to two people with knowledge of the matter.
News
August 02, 2023
Borr Drilling Limited has secured two letters of awards (“LOA”) for its premium jack-up drilling rigs Gerd and Thor. These awards increase the company’s firm backlog by approximately 421 days, excluding optional periods.
News
August 02, 2023
Shelf Drilling, Ltd. has secured a contract for the Shelf Drilling Fortress jack-up rig with CNOOC Petroleum Europe Limited for operations at the Golden Eagle platform in the UK Central North Sea. The firm term of the contract is two wells, approximating to between four and five months.
News
July 27, 2023
Upon entering the reservoir, Ithaca Energy, acting as the operator, discovered that hydrocarbons were present in the reservoir in the Forties member sandstones, with 45 ft of net thickness.
News
July 18, 2023
One of three drillships will be selected by Transocean from among Deepwater Invictus, Deepwater Thalassa, and Deepwater Proteus no later than one year prior to the earliest date in the commencement window.
News
July 05, 2023
Transocean Ltd. announced that six one-well options have been exercised for the Transocean Encourage in Norway.
News
June 29, 2023
Transocean Ltd. announced a 16-well binding award for the Transocean Equinox in Australia for a consortium of four operators. The engagement includes options that, if fully exercised, could keep the Transocean Equinox working in Australia into 2028.
News
June 28, 2023
CGX Energy Inc. and Frontera Energy Corporation are excited to announced today that the Joint Venture has discovered oil at the Wei-1 well, on the Corentyne block, approximately 200 km offshore from Georgetown, Guyana.
News
June 27, 2023
In the Middle East, Saipem has ensured the continuity of the ongoing activity of the Perro Negro 7 jack-up drilling unit from the second half of the year by securing a ten-year extension to the existing contract, thanks also to the excellent performance achieved by the asset during the execution of the activities.
News
June 23, 2023
The contract extension covers a firm term of 9 months starting in direct continuation to the current contract and will maintain the rig contracted through August 2024.
News
June 23, 2023
The contracts supporting drilling operations across five fields in ADNOC’s offshore portfolio are for the charter of five high-specification, premium jack-up rigs along with all required manpower and equipment.
News
June 21, 2023
These awards, each ranging from two to five years, reinforce KCA Deutag’s position as a leading platform drilling contractor in the UK North Sea, and will see the company continue to deliver drilling services, including maintenance, warehousing, inventory procurement and management on four offshore platforms.
News
June 14, 2023
A bypass well (Wei-1BP1) was drilled from 18,757' to total depth and penetrated the primary Santonian targets of the Well in the western complex in the northern portion of the Corentyne block.
News
June 13, 2023
Each of the 36 rigs were placed at their respective monsoon locations before the onset of the seasonal adverse weather conditions. The combined total distance travelled for all rigs was 3,680 nautical miles.
News
June 12, 2023
Prices to rent the most advanced offshore drilling rigs averaged $420,000 a day for the first half of this year, as roughly 90% of the industry’s active fleet is contracted for work.
News
June 12, 2023
With its industrial base and deepwater ambitions, CNOOC, one of China’s three main state-owned oil firms, is on a spending spree to develop the drilling technology currently dominated by western oil majors.
News
June 09, 2023
The updated estimate of the discovery size is 53-90 MMboe, which is twice as large as the original pre-drill estimate and slightly larger than the preliminary estimates announced on May 25.
