Octanex awaits rig arrival to drill Ophir wells

Octanex, an Australian-based oil and gas company, is getting ready for a drilling campaign at the Ophir field ...

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Faroe spuds Brasse appraisal well

Oil and gas company Faroe Petroleum has started drilling its operated Brasse appraisal well 31/7-2S in the ...

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Hyperdynamics kicks off drilling ops off Guinea

Pacific Drilling-owned drillship Pacific Scirocco has entered Guinea shelf waters and is starting drilling ...

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Seadrill makes headway with restructuring plans

Offshore driller Seadrill has said it has made progress with its restructuring plans which may involve Chapter 11 ...

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Exxon extends Maersk drillship contract. Dayrate slashed

Danish offshore driller Maersk Drilling has secured a contract extension for the ultra-deepwater drillship Maersk ...

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Jack-up selected for Ororo drilling campaign

Sirius Petroleum, an investment company focused on oil and gas exploration and development opportunities in ...

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TWMA scores double with Maersk Oil

Waste management firm TWMA has been awarded two new projects with Maersk Oil UK in the central North Sea.  TWMA ...

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UK court puts Paragon in administration

A UK court has appointed joint administrators for the drilling contractor Paragon Offshore following the ...

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Observations on the recent MODU market

  By Charlie Hockless, Senior Offshore Analyst at VesselsValue Since 2014 we’ve seen a significant decline in ...

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Statoil begins Barents Sea campaign

Norwegian oil giant Statoil has kicked off its offshore exploration campaign in the Barents Sea off Norway by ...

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Statoil to use 'Bideford Dolphin' on Vigdis

Statoil has received consent from the Petroleum Safety Authority (PSA) to use the Bideford Dolphin drilling rig for ...

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'Bideford Dolphin' to drill extra well for Statoil

Norwegian oil company Statoil will use Bideford Dolphin drilling rig for yet another well on the Norwegian ...

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Keppel names semi-sub ahead of delivery to Caspian driller

Keppel Offshore & Marine through its subsidiary in Azerbaijan, Caspian Shipyard Company (CSC), is on track to ...

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Cairn wraps up SNE-6 appraisal

Oil and gas exploration and development company Cairn Energy has completed drilling operations at the SNE-6 ...

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Faroe to drill two North Sea appraisals

Oil company Faroe Petroleum has received consent from Norway’s Petroleum Safety Authority (PSA) to use the ...

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GMS eyes further vessel utilization boost

UAE-based Gulf Marine Services (GMS), a provider of self-propelled self-elevating support vessels (SESVs) serving ...

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Rowan scoops two Petrobras jack-up rigs for bargain price

Drilling contractor Rowan Companies has provisionally bought two Petrobras jack-up rigs for just $30 million a ...

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Aker BP to use 'Maersk Invincible' for Valhall wells

Oil company Aker BP has received consent from the Norwegian Petroleum Safety Authority (PSA) to use the Maersk ...

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Centrica to treble production at North Sea oil field

A Centrica-owned oil field in the North Sea has been given a new lease of life following a £35 million ($45.3M) ...

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Petronas hires UMW's jack-up duo

Malaysia’s UMW Oil & Gas has won contracts for two jack-up drilling rigs from Petronas Carigali with a ...

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Bassoe: What will offshore rig recovery look like?

The word “recovery” dominates most discussions about the offshore oil and gas industry these days – and ...

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U.S. offshore rigs climb up

The number of U.S. offshore rigs increased during last week, according to a Friday report by the oilfield services ...

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North Sea rig use to reach historic low in 2017

Drilling contractor Songa Offshore posted a smaller profit for the first quarter of the year despite increase in ...

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Repsol drills duster near Aasta Hansteen

Oil company Repsol Norge has found weak traces of gas during drilling of a wildcat well in production license ...

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Awilco Drilling: Interest in offshore rigs to rise in 2018

Awilco Drilling, a UK-based offshore driller focused on the North Sea, has forecast an increased interest for ...

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No 'suspicious circumstances' in missing worker case

Search operations for an offshore worker missing from a North Sea rig have been scaled back. There were no ...

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Lundin spuds Alta appraisal

Lundin Norway has started drilling an appraisal well on the Alta discovery in the Barents Sea offshore Norway. The ...

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