Premier Oil’s high-impact Falklands Isobel Deep well has hit oil shows in a suspected high pressure formation, partner Rockhopper Exploration said this morning (19 May). But, the area will now have to be cased, delaying the drilling program…
Ocean Rig received a one-year extension from Eni Angola S.p.A for the Poseidon drillship that will last until 2Q 2017, with total contract backlog now standing at about US$367 million. Ocean Rig also entered into a new contract for the…
UK-based explorer Cairn Energy is ramping up its exploration and appraisal work offshore Senegal following the firm’s two major discoveries in the country made last year. Cairn is planning a “very ambitious” three-year evaluation plan…
UK-based Falklands explorer Premier Oil has spudded its second 2015 exploration campaign well in the north Falklands basin. The Eirik Raude. From Ocean Rig. If successful, the 14/20…
Swedish independent explorer Lundin Petroleum's Gemini well on production license 338 C has been declared a dry hole. Wildcat well 16/1-24 on Gemini was drilled about 10km southwest of the Edvard Grieg field in the central part of the North Sea…
Ocean Rig’s Eirik Raude arrived in the North Falkland basin off the Falkland Islands and will be moved to begin drilling the first well, according to Rockhopper Exploration. The six-well drilling campaign on the Zebedee prospect will…
Total E&P Norge received approval from the Petroleum Safety Authority Norway to drill two wells in production license 627 in the central North Sea. Blocks 25/6-5 S and 25/6-5 A Skirne Øst will be drilled with the Leiv Eiriksson semisubmersible to investigate the find's potential…
Offshore drilling rig operators have put a positive spin on the tough market conditions, suggesting that the downturn could improve the global fleet and offer opportunities to buy distressed assets. Seadrill CEO and President Per Wullf said while…
The latest drilling campaign offshore the Falkland Islands is expected to start next month, partner Falkland Oil and Gas (FOGL) said this morning. Announcing that the rig for the campaign, Ocean Rig's Eirik Raude drilling rig has started mobilization from West Africa…
Ocean Rig UDW Inc. announced on 15 January 2015 that it has received commitments from lenders for a syndicated secured term loan designed to partially finance the construction costs of the Ocean Rig Apollo. The facility amount is for the…
Eni Angola S.p.A and subsidiaries of Ocean Rig UDW entered into an agreement to extend the contract for the drillship Ocean Rig Poseidon by one year until 2Q 2017. According to the agreement, Ocean Rig agreed to adjust the existing day…
Noble Energy will resume exploratory drilling in the Falkland Islands next year after acquiring and reviewing extensive 3D seismic of its 10 million acre-position. In late February 2014, London-based joint venture partner Falkland Oil…
Eni has discovered oil in Block 15/06, in the Ochigufu exploration prospect offshore Angola. ENI said the find was 'important' and would be fast tracked to production through the Ngoma floating production, storage and offloading vessel on the company's West Hub development…
US-based explorer Noble Energy has lined up a string of prospects in the Falklands with prospective resources totaling up to 1.6 billion barrels of oil. The firm has been assessing 2D seismic and new 3D datasets in the south and east Falkland basin…
ABB is to deliver total power solutions to Ocean Rig’s two new seventh generation integrated design mobile offshore drilling units (MODU), being built by Samsung Heavy Industries (SHI) at Goeje shipyard in Korea. The contract includes…
