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(OM) Rockhopper Exploration has commented on a progress report on the Sea Lion oil development in the offshore North Falkland basin from operator Navitas Petroleum LP. This includes an updated development plan, which takes into account static and dynamic reservoir models. Netherland Sewell & Associates’ latest independent report has increased gross 2C resources in the partners’ licenses in the basin... Continue Reading →
(OM) Eco Orinduik has informed Guyana’s Minister of Natural Resources of its intention to enter the second phase of the second renewal period of the offshore Orinduik license. There is a commitment to drill one exploration well into the Cretaceous Formation before the license period ends on Jan. 13, 2026. TOQAP Guyana, the joint entity held... Continue Reading →
(PN) New numbers point to an increase in well drilling activity in Brazil. The National Petroleum Agency (ANP) revealed new data forecasting investments in exploration in Brazil. According to the regulatory body, oil companies located in the country must spend US$1.96 billion on exploration during the year 2024. Well drilling is the activity that will... Continue Reading →
(OE) Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries. After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job. The technologically advanced drillship is capable of operating at water depths of up to... Continue Reading →
(OM) A major capex shift from North America to international markets has been ongoing since early 2023, according to Evercore ISI’s latest Offshore Rig Market Snapshot. This trend has been concurrent with low natural gas prices in the US, which has prompted a number of rigs to out into international markets. Combined with attractive offshore... Continue Reading →
(OET) Offshore drilling contractor Stena Drilling has confirmed that one of its drillships is on its way to Las Palmas to start its special period survey (SPS). According to Stena Drilling, the Stena Carron drillship has headed to Las Palmas to start its SPS. The company looks forward to the rig’s return to Guyana, where it will... Continue Reading →
(WO) – Molecular Energies confirmed that the Tapir x-1 exploration well at the Pirity Concession in the Chaco, Paraguay, has been spudded. Target depth is approximately 3,800 m with an estimated drilling time of 45 days. The prospect and the adjacent complex of prospects being drilled are covered by good quality 3D seismic data from... Continue Reading →
(OE) Norwegian company ABL and Aberdeen-based health and safety consultancy Integrity HSE have formed strategic partnership to reinforce their rig inspection services. ABL’s rig inspection service offering will be enhanced with Integrity HSE’s tailored onshore and offshore inspection and rig intake solutions. The services will add value to a wide range of drilling and production... Continue Reading →
(TN) Constellation and HMH announced this Thursday, January 11, the signing of an integrated maintenance support contract for Blowout Preventers (BOPs) for the semi-submersible drilling platforms Alpha Star, Gold Star and Lone Star. The Contractual Services Agreement (CSA) will last for five years, with an option for extension. The partnership model is unprecedented in Brazil... Continue Reading →
(OET) Offshore drilling contractor Diamond Offshore Drilling has confirmed the start of a new assignment for one of its semi-submersible rigs, which is working for Petrobras offshore Brazil. The Ocean Courage semi-sub rig concluded its campaign with Petrobras in Brazil in late September 2023 and mobilized to Guanabara Bay to prepare for its next contract with the Brazilian energy giant,... Continue Reading →
