Parker Drilling News


Axxis Geo Solutions Names New CEO

Aug 07, 2020

Oslo-listed seismic surveyor Axxis Geo Solutions has appointed Ronny Bøhn as CEO with effect from August 10, 2020. Bøhn has more than 20 years of experience from the seismic industry and has held management positions as vice president of marine operations at CGG and as COO at April AS…

Rystad: Number of Drilled Wells in 2020 to Hit Lowest Point in Two Decades

Jul 15, 2020

The number of drilled oil and gas wells this year is expected to reach about 55,350 this year, the lowest since at least the beginning of the century, Norwegian energy industry intelligence firm Rystad Energy said. The demand for drilling equipment is also down…

COVID-19 Delays Total's South Africa Offshore Drilling Plans

May 19, 2020

French oil major Total has agreed with Odfjell Drilling to keep the Deepsea Stavanger offshore drilling rig idle for a while due to the COVID-19 situation.Odfjell Drilling's semi-submersible drilling unit has a contract with Total to drill this year in South Africa…

Axxis Geo Completes Middle East Survey Work

May 04, 2020

Oslo-listed seismic survey company Axxis Geo Solutions has said it has completed its ocean-bottom nodes (OBN) project in the Middle East.  'The project was completed with strict adherence to COVID-19 safety guidelines and the crew is now demobilizing…

Wellesley Books Borgland Dolphin Offshore Rig for Two Firm Wells

Apr 27, 2020

Offshore drilling contractor Dolphin Drilling has said it has won a two-well contract with Norway-focused oil company Wellesley Petroleum.Wellesley will use the semi-submersible drilling rig Borgland Dolphin for the drilling program on the Norwegian Continental Shelf…

AGS Scores OBN Survey Extension

Mar 19, 2020

Norwegian ocean bottom node seismic surveyor Axxis Geo Solutions (AGS) has won a contract extension for a survey in the Middle East.AGS was in December awarded the original OBN contract that started in January with scheduled completion near the end of the first quarter 2020…

Axxis to Begin OBN Survey in North Sea

Feb 24, 2020

Norwegean provider of shipping services Axxis Geo Solutions ASA (AGS) has signed a Letter of Intent (LOI) with a major international oil company to commence an Ocean Bottom Node (OBN) survey in the North Sea.Subject to fulfillment of certain conditions…

Axxis Geo Secures Middle East Gig

Dec 31, 2019

Norwegian ocean bottom node (OBN) seismic company Axxis Geo Solutions (AGS) has signed the contract for the 3D OBN seismic acquisition survey in the Middle East following the securing of a letter of intent for the project in September.The work…

BSEE Accepts PTS Temporary Processing System

Sep 10, 2019

Well testing and water treatment company Production Technology and Services, Inc. (PTS) said US offshore safety regulator Bureau of Safety and Environmental Enforcement (BSEE) has issued a letter to HWCG deeming the PTS-supplied temporary processing…

AGS's Record Breaking Seismic Program

Aug 09, 2019

Norwegian ocean bottom node seismic company Axxis Geo Solutions (AGS)  has achieved several seismic production records during an Utsira multi-client ocean-bottom node (OBN) seismic program.“The production records set last week, demonstrates…

Parker Drilling CEO to Retire

Jul 16, 2019

Oilfield services firm Parker Drilling Company said its president, CEO and director, Gary Rich, will retire later this year.The Houston-based company, which completed a financial restructuring earlier this year, said Rich will remain in his…

NPD Grants Drilling Permit to Aker BP

Jun 18, 2019

The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 25/2-20 as per the the Resource Management Regulations.Well 25/2-20 in the North Sea will be drilled from the Odfjell Drilling's Deepsea Stavanger drilling facility…

Lundin Granted North Sea Drilling Permit

Jan 30, 2019

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for a wildcat well in the North Sea.The NPD said on Tuesday that the wildcat well, designated 16/1-31 S, would be drilled from the Leiv Eiriksson drilling…

Parker Drilling Files for Bankruptcy Protection

Dec 12, 2018

Parker Drilling files for pre-arranged Chapter 11 reorganizationOilfield services provider Parker Drilling Co said it filed for bankruptcy protection on Wednesday under an agreement with a group of debtors that will allow it to quickly restructure…

Maersk Drilling and Seapulse Form Alliance

Dec 05, 2018

Maersk Drilling A/S announced Wednesday that it has signed a Master Alliance Agreement (MAA) with Seapulse Ltd. under which Maersk Drilling will provide fully integrated services, including provision of drilling rigs, related drilling services…

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