Rialto Energy Ltd. has entered into an agreement with Vantage Drilling Company regarding payment terms in relation to the early termination of the rig contract regarding the Vantage Sapphire Drilling Rig. Under the terms of the settlement, Rialto will pay Vantage an amount equal to 75 days of operating rate, being US$12.375 million in aggregate. [...]
Genel Energy has signed a drilling rig contract with Noble Corporation for its African offshore drilling programme. The Noble Paul Romano deepwater, semi-submersible rig will be used to deliver a high impact drilling campaign over a 2 year period, starting in the last quarter of 2013. The rig, which is currently undergoing a special 5 [...]
National Oilwell Varco, Inc. announced today that Mark A. Reese resigned on April 29, 2013 as President – Rig Technology to pursue other business opportunities. Pete Miller, Chairman and CEO of National Oilwell Varco, remarked, “In his 33 years with NOV, Mark has literally worked his way up from the field to become the President of our largest [...]
The Norwegian Petroleum Directorate has granted Talisman Energy Norge AS a drilling permit for well 2/1-16 S, in the Norwegian part of the North Sea. Well 2/1-16 S will be drilled from the Mærsk Giant jack-up rig, at position 56°51’1.72’’ north and 3°18’52.69” east. The drilling programme for well 2/1-16 S relates to drilling of [...]
Total has spudded an appraisal well on the Norvarg discovery in PL 535 in the Barents Sea. The site lies in 377 metres of water about 275 kilometres north of the Hammerfest LNG plant on Melkøya. Being drilled by Ocean Rig’s Leiv Eiriksson semi-submersible drilling rig, it is expected to take 69-104 days. The main objective of the [...]
French oil major Total is returning to exploratory drilling offshore Libya. As reported by Reuters, Bernard Avignon, managing director of Total Exploration and Production in Libya said at an industry event in Tripoli that the company hoped to spud the first well in May. The rig, which will be used for the operation is currently located [...]
Cyprus’ based offshore drilling contractor Songa Offshore has signed a contract with eniVietnam for the use of Songa Mercur for one firm well offshore Vietnam. The contract will begin in direct continuation of the rig’s current commitment and subsequent demobilization from Zarubezhneft (Cuba). The contract also includes one option well, and this option will have [...]
Sevan Drilling, a Norway-based drilling contractor which owns a fleet of Ultra Deepwater drilling rigs of a specific cylindrical design, yesterday, during its Investor Day presentation announced it would not take options for the rigs 5. and 6. at Cosco shipyard. The company’s representatives said they wanted to focus on securing a contract for its rig [...]
Asia Offshore Drilling Limited has taken delivery of the jack-up drilling rig “AOD II” from Singapore’s Keppel shipyard. The ‘AOD II’ will now be mobilised to the Middle East to begin its drilling contract with Saudi Aramco. The contract, which is expected to start by end of June this year, has a minimum duration of three years plus [...]
Singapore’s Ezion Holdings has announced that it has in Joint Venture with Kim Seng Holdings Pte secured a contract with an approximate value of up to USD 148.6 million to provide a Service Rig over a 7 year period to support the oil & gas activities of a national oil major in Central America. The oil major is believed [...]
