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Drilling

New Inland Barge Drilling Rig

Parker Drilling Co. has received the newest member of the Parker international drilling fleet, drilling barge rig #75. Built by Oil Barges, Inc., the shallow water drilling rig will commence drilling operations in mid-August. The rig has a 25,000 ft., drilling depth rating with an SCR drive system. All drilling and mud processing equipment is installed on a multi-level barge measuring 240 ft. long and 70 ft. wide. The barge also includes an 82-person accommodation facility. Other innovative design features include a draft of less than 8.5 ft., permiting reduced dredging costs; a 50 ft. (clear height) substructure, permitting simultaneous drilling and workover operations; a skiddable substructure that will provide access to six potential wells without repositioning the barge; and the ability to drill all six wells without raising/lowering the derrick or laying down drill pipe.


Super Barge Touted For Strengths, Depths

Employed in the oil and gas industry for 60 years, simple and sturdy swamp and posted drilling barges have been a preferred method to drill in shallow water. This basic design has made it possible for the barge to drill in water depths from six through 24 ft., as well as the ability to be towed and to travel the Intercoastal waterway, lakes, bays and bayous. With the average drilling depth in the northern Gulf of Mexico ranging between 12,000 and 18,000 ft


Ocean Rig Charter Out 'Erik Raude'

Rig Erik Raude: Photo credit Ocean Rig

Ocean Rig UDW Inc., a global provider of offshore deepwater drilling services, signs contract with an oil major for the semi-submersible drilling rig 'Erik Raude'. The drilling contract is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately US$112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the second quarter of 2013


Hyperdynamics Offshore Guinea Exploration Project

hyperdynamics.bmp

AGR Petroleum Services today signed a drilling contract, on behalf of Hyperdynamics Corporation (NYSE Amex: HDY), with Jasper Drilling Private Limited of Singapore to contract the drill ship Jasper Explorer for drilling in Hyperdynamics' concession offshore the Republic of Guinea. The Jasper Explorer is a modern Pelican Class self-propelled drill ship capable of operating in water depths up to 5,000 feet. "The conclusion of a drilling contract with Jasper Drilling Private Limited is a


ABB Wins Offshore Contracts of $150m

ABB, a power and automation technology group, recently won six contracts collectively worth more than $150m to supply main electrical systems for drilling rigs and drill-ships built in Asia. The orders were booked during the third quarter of 2008. Among the new orders are three deepwater drilling rigs now under construction at the Jurong Shipyard in Singapore, two drill-ships (Stena DrillMAX ICE and the Pride #4 drill-ship) to be built at Samsung Heavy Industries and another drill-ship for


Aker Solutions Wins Drilling Equipment Contract

MH TorqueMaster: Photo credit: Aker Solutions

Aker Solutions wins  Daewoo Shipbuilding & Marine Engineering contract to supply two drilling epuipment packages to 'Cat D' rigs Aker Solutions has received a Letter of Award from Daewoo Shipbuilding & Marine Engineering (DSME), to supply a further two drilling equipment packages to the 'Category D' drilling rigs the yard is building for the rig operator Songa Offshore. Contract value is undisclosed.


Aker Kvaerner Awarded Drilling Equipment Contract

Aker Kvaerner has signed a contract with Jurong Shipyard Pte. Ltd in Singapore for delivery of a drilling system for one ultra deepwater drilling semi-submersible unit. The total contract value for Aker Kvaerner is approximately $113m. The contract is undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner MH in Kristiansand. The scope of work is to deliver a complete drilling package consisting of engineering, drilling equipment deliveries and subsea equipment.


Aker Kvaerner Gets Drilling Equipment Contract for Samsung

Samsung Heavy Industries Co. Ltd. in Korea has awarded Aker Kvaerner a contract for delivery of a new drilling rig to Eastern Drilling's West E-Drill project. The project will start immediately at Aker Kvaerner's subsidiary Aker Kvaerner MH, with delivery of the drilling equipment package in the second half of 2007. The new contract was an option in a contract Aker Kvaerner MH signed with Samsung in June 2005, and the scope is similar for both contracts The drilling system will be a


Contract Extension on the Ula and Valhall Fields

Smedvig has signed an agreement with BP Norge AS to extend the platform drilling contract on the Ula and Valhall fields in the Norwegian sector of the North Sea. The drilling contract has a firm duration of two years, with option for one additional year. The estimated contract value for the firm period is approximately NOK 300 million. The contract, which is expected to employ some 200 people, includes in the first phase production drilling from the Valhall injection platform


Semi-submersible Rig 'Erik Raude' Contracted

Ocean Rig UDW Inc.  has received a Letter of Intent to contract one of its semi-submersible drilling rigs, “Eirik Raude”, from an oil major. The Letter of Intent is for a one-well program, with an estimated duration of up to 6 months, for drilling offshore Ireland, with an estimated backlog of approximately $112 million, including mobilization and demobilization. The rig is scheduled to commence this contract in the first quarter of 2013


Rosneft Will Continue Arctic Drilling

The Kara-Winter-2014 Ice Expedition. (Photo Courtesy Rosneft)

Russia's biggest oil producer Rosneft will continue drilling in the Arctic Kara Sea on its own after the departure of its partner, U.S. oil major ExxonMobil, due to sanctions, the company's head Igor Sechin said on Friday.  


New Oil Field Found in British North Sea

Oil find

  GDF SUEZ E&P UK Ltd and BP today announced a new exploration discovery in the UK Central North Sea. The discovery, which spans GDF SUEZ operated block 30/1f (licence P1588) and BP operated block 30/1c (licence P363) was flow tested at a maximum rate of 5


Sea Dispute Sparks China Diplomat to Vietnam Visit

Secretary Kerry Shows Chinese State Councilor Yang Overview of Boston Hometown. [State Department photo/ Public Domain]

China's top diplomat to visit Vietnam again amid sea dispute   China's top diplomat will visit Vietnam next week, China said on Friday, five months after he last visited during a period of tension over a Chinese oil drilling rig working in part of the South China Sea both countries claim.


New Dual Use Piracy Barrier Launched

Guardian Greenwater

Guardian Maritime launched Guardian Greenwater, a new product that was developed to deal with the issue of greenwater on-board deck following turbulent weather conditions, but also serves as piracy barrier but . It will be fitted onboard a tanker next month, its first installation.


Statoil: New Oil in the Grane Area

(Image: Statoil)

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation


Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

(Jim Moffat, CEO of Lamprell. Source: Lamprell)

UAE-based Lamprell said that it completed construction of the second Caspian Sea jackup drilling rig, Mercury, for service in the Caspian Sea.   "I am delighted to report that we have completed the second drilling rig for use in the Caspian Sea


Messer to Debut MetalMaster Xcel

Image: Messer Cutting Systems

Messer Cutting Systems said it has answered the call from manufacturers that have been demanding a faster, more accurate way of producing cut parts. Messer’s MetalMaster Xcel features traversing speeds of 3,000 IPM, a robust design, with high acceleration drives


Ocean Rig, Petrobras Agree to $1.1b Drill Ships Lease

Cyprus-based Ocean Rig UDW Inc said on Monday that it signed a $1.1 billion three-year contract with Brazil's state-run oil company, Petroleo Brasileiro SA, to extend a lease on two ultra-deepwater drilling ships. Petrobras, as the Brazilian oil company is known, will get the ships


Mærsk Deliverer's Contract extended

Maersk Deliverer

Cabinda Gulf Oil Company Limited, a Chevron subsidiary in Angola, has extended the current contract for the ultra deepwater semi-submersible Mærsk Deliverer expiring in June 2015 by two years. Mærsk Deliverer has since 2012 been working for Chevron and its partners on the Tombua


Transocean to Raise Money with Caledonia Offshore Offering

Transocean Ltd. (NYSE: RIG) (SIX: RIGN) announced that Transocean Inc., its wholly-owned subsidiary, intends to proceed with an unregistered offering of shares of Caledonia Offshore Drilling Company, a wholly owned subsidiary of Transocean, in connection with an offering being made to eligible


RH Petrogas’ Gets Green Light on Fuyu 1 Block

The approved ODP allows KRL to operate and drill up to 1,008 wells in Fuyu 1 Block over a course of five years. RH Petrogas Limited, which is engaged in the business of exploration, development and production of oil and gas resources, said that the Group’s Overall Development Plan for the


Early Contract Termination for Loke Viking

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As previously communicated, Viking Supply Ships has entered into an agreement with a major oil company for the charter of four AHTS vessels. The contract applies to the drilling seasons 2014 and 2015, with options for the drilling seasons 2016 and 2017


MacGregor Mooring Systems for Tender Rigs

Image of tender rigs

  MacGregor, part of Cargotec, has won new contracts that will see electrically-driven versions of its mooring systems fitted to two new tender assist drilling rigs for Thailand-based Mermaid Maritime Public Company Limited. The Self-Erected Drilling Tender (Hull No


Ocean Rig Partners Files for IPO

  DryShips Inc. through its majority owned subsidiary, Ocean Rig UDW Inc. of offshore deepwater drilling services, today announced that Ocean Rig’s wholly-owned subsidiary, Ocean Rig Partners LP  filed a Registration Statement on Form F-1 with the Securities and Exchange


Woodside's Farm in Agreement for Cameroon

Cameroon

  Woodside has finalised an agreement with Noble Energy and Glencore to farm in to the Tilapia Production Sharing Contract (PSC) off the coast of Cameroon. The 3875 km² block is located within the Douala Basin, offshore southwest Cameroon in water depths ranging from the shoreline to






 
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