Dolphin Drilling News

Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.Drilling Activity and DiscoveriesThe Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for an exploration well in…

Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling has emerged as the winner for Petrobras' moored semisubmersible tender with the 4,600-ft Nanhai 8 (also known as Nan Hai Ba Hao).Noble has secured a high-dayrate drillship contract with Prime Energy in the Philippines.Drilling Activity and…

Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oil’s recent announcement that it would take a break from drilling offshore Ghana, Noble Corp. has stated that there has been no contract termination announcement and that its 12,000-ft drillship Noble Venturer is currently still contracted to Tullow into March 2025.Masirah Oil Ltd has signed a rig contract with…

Esgian's last roundup of the year for the Week 52 puts spotlight on new developments for Dolphin Drilling semisub, Seadrill drillships, as well as Shell’s plans for Australia and ONGC’s new tender for jackups in India.ContractsDolphin Drilling has signed a Letter of Intent (LOI) with an undisclosed operator for the 1,500-ft semisubmersible Borgland Dolphin to undertake a 500-day drilling campaign in the UK. The drilling campaign is planned to begin directly after the firm part of the contract period with EnQuest, which was announced in late November 2023.

Esgian has published its Week 48 Rig Market Roundup highlighting that new contract awards were revealed for a Velesto Drilling jackup, two Seadrill drillships and a Dolphin Drilling semisub. Meanwhile, Wintershall Dea is planning to drill a new carbon storage well in Norway.ContractsMalaysia’s Velesto Drilling has agreed on an extension of a contract with Carigali Hess Operating Company for another year and six months.Seadrill has secured a short-term contract for 12,000ft drillship West Vela in the US Gulf of Mexico with QuarterNorth Energy…

Offshore drilling company Seadrill has moved a step closer to reaching bankruptcy emergence after the United States Bankruptcy Court for the Southern District of Texas approved the disclosure statement for the company's proposed plan of reorganization.Seadrill said Friday that the court had authorized the company to distribute the disclosure statement and solicit votes from all lenders on the Plan. The court also set a hearing to consider approval of the Plan for October 26, 2021."The…

Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival Seadrill Ltd, Dolphin's chief executive said on Friday.Oslo-listed Seadrill, founded by Norwegian-born tycoon John Fredriksen, is seeking to emerge from U.S. Chapter 11 bankruptcy proceedings under an alternative financial plan filed in court last month."I can confirm that Dolphin and Transocean submitted an updated bid yesterday," Dolphin Chief Executive Bjoernar Iversen told Reuters.Seadrill's Oslo-listed shares traded 5.5% up by 1425 GMT…

Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday.Seadrill is trying to emerge from its second U.S. Chapter 11 bankruptcy in four years: like many in the industry, it expanded its drilling rigs too aggressively in the mid-2010s to withstand a subsequent plunge in energy prices and rig hire rates.

Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.Harland and Wolff's multipurpose fabrication facility, quaysides and docking facilities are ideally suited for the energy infrastructure industry and the company's projects, InfraStrata said.All 79 workers who did not opt for voluntary redundancy earlier in the year will be retained, the company said."Harland and Wolff is a landmark asset and its reputation a

The Belfast shipyard Harland and Wolff, the 158-year-old shipyard in Northern Ireland that built the Titanic, is preparing for bankruptcy.The ship building company was put into administration on Monday after its bankrupt Norwegian owner Dolphin Drilling failed to find a buyer and calls for its nationalization were rebuffed.The shipyard has been occupied by workers since last Monday as part of a high-profile campaign to save the yard, which is due to formally cease trading at 5.15pm on Monday.They said on Monday they would block administrators from entering the site. Trade unions said that they will not give up on this famous shipyard.

Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling ASA had debt of just over $1 billion at the end of 2018 and a net loss for the year of almost $300 million, its annual report shows.Once a dominant supplier of drilling rigs to oil and gas firms exploring the North Sea, Dolphin was…

Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has extended contract with Statoil for Bideford Dolphin. "We have entered into a one well contract extension, including one optional well, with Statoil for use of the semi-submersible drilling rig Bideford Dolphin for operation on the Norwegian Continental Shelf, with commencement latest 31 July 2017," said a statement from the company.   The one-well program is estimated to take 50 days and estimated contract value is approximately USD 8.6 million.

Even as world energy prices continue to maintain low pricing levels, offshore contracts are there to be won. Keppel Offshore & Marine Ltd has secured a Floating Production Storage and Offloading (FPSO) conversion contract as well as three repair, upgrade and modification contracts worth a total of about S$125 million. The FPSO conversion project Keppel Shipyard will be undertaking is for Armada Madura EPC Limited, a joint venture between long-standing customer Bumi Armada Berhad (Bumi Armada) and Shapoorji Pallonji Group (Shapoorji Pallonji). "This is our third conversion/upgrading project for the joint venture," said Michael Chia, Managing Director (Marine & Technology), Keppel O&M.

In a multi-million pound boost to the Northern Ireland economy, Belfast ship builder Harland and Wolff has secured a contract to carry out major work on an oil rig. Dolphin Drilling Limited has awarded H&W the contract for the drydocking and Renewal/Special Periodic Survey of its Byford Dolphin Mobile Offshore Drilling Unit (MODU). H&W Director of ship and offshore unit repair, James Lappin said that this was a significant project for Harland and Wolff and for Northern Ireland. As well as employment opportunities, the supply chain within Northern Ireland will see significant activity in support of the project, he added. Around 1,000 contractors will be employed to overhaul the structure for up to 10 weeks and 60 permanent staff are to be recruited, the Belfast firm announced.

ESS Support Services Worldwide, part of Compass Group, has won a new, three-year contract, worth £10.5 million, to provide hotel and catering services to Dolphin Drilling Ltd. Aberdeen-based ESS has worked with Dolphin Drilling since 2007, delivering food and housekeeping services on board the Belford Dolphin. This second contract, which commenced on June 1, 2014, will see the ESS team provide catering and hotel services to 180 people across seven levels of accommodation on board Dolphin Drilling’s new deepwater drillship, the Bolette Dolphin. dolphindrilling.no essgulf.com

Statoil & its partners contract the 'Bideford Dolphin', 'Stena Don' and 'Scarabeo 5' drilling rigs for work on the Norwegian continental shelf. The contracts have a total value of NOK 9,17-billion, excluding potential options, and the rigs will be used for production drilling for several fast-track developments as well as drilling and completion on the Norwegian shelf. "Securing three rigs in the current market represents a real achievement for the Norwegian shelf. The rig capacity we have secured in these contracts will contribute to achieving our production targets towards 2020…

“With the diagnostics and remote access that is being built into our rigs now, it is really important that software integrity is flawless,” said CEO Ivar Brandvold of Fred. Olsen Energy ASA. “Our analysis indicates that applying the ISDS class notation can easily save USD 6-20 million by avoiding the delays caused by the need to re-work software,” said Rolf Benjamin Johansen, the director of operations at software integration for DNV maritime and energy. “In fact, this range is conservative as it does not include avoided costs. Being on schedule avoids propagating supply-chain costs and loss of brand reputation. The ISDS notation focuses on how to set up and run a project and how to develop quality assurance processes that will last throughout the vessel’s lifetime.

Cosalt Offshore, a provider of lifting, tooling and marine services to the oil and gas industry, has invested more than $1.4m in developing its lifeboat division to underpin future expansion plans. The division is adjacent to Cosalt Offshore’s Bridge of Don premises and includes 3,000 sq ft of dedicated workshops, a service centre and store rooms, along with a one-acre yard. Along with the significant expenditure on infrastructure, Cosalt Offshore has also expanded the product…

Energy Cranes International Limited, provider of offshore lifting and handling services which includes Sparrows Offshore, Aberdeen Hydraulics and Baricon Systems, announced the appointment of Doug Sedge as chief executive officer (CEO). John Jordan, the incumbent CEO, is standing down from the role and will be leaving the group. Doug Sedge is well known in the oilfield business community, where he was CEO of RBG Group from 2005 to 2008. His most recent assignment was in a European role with Canadian offshore technology group…

This summer will be a busy time for StatoilHydro and the group’s suppliers off the Sogne region of western Norway, with marine operations on both Gjøa and Vega. These activities are intended to prepare the two North Sea fields to start production next year. “We have 20 units at work and are due to perform some 1,000 vessel days,” reported Bjørn Midttun, head of subsea installations, pipelines and marine operations on Gjøa. Roughly 200 kilometres of oil and gas pipelines will be laid, along with a 100-kilometre transmission cable from Mongstad near Bergen to supply the floating platform with power from shore. Installing umbilicals, risers, and connection and protection structures, and making more than 60 connections, are just some of the other jobs to be done.

StatoilHydro has completed the drilling of an appraisal well on the Pan/Pandora gas/oil discovery south of the Visund field in the North Sea. The purpose of well 34/8-14 A was to delineate the 34/8-14 S Pan/Pandora discovery in the northern segment of this structure. "The area south of Visund has a considerable remaining resource potential, and we are very pleased that the expectations as to the northern extension of the discovery now have been confirmed," says the head of infrastructure-led exploration west, May-Liss Hauknes.

StatoilHydro Petroleum has concluded drilling of a development well with an exploration target, well 35/11-B-23-H in the Fram area. The well is located 10 km north of Troll. The purpose of this well was to prove petroleum in Middle Jurassic reservoir rocks in the ”C Øst” prospect. The well proved petroleum. The size of the discovery is from 3 – 6 million Sm3 oil equivalents, most of which is oil. The licensees in the production licence will consider producing the discovery to the Fram field. Many exploration wells have been drilled in production licence 090.

Fred. Olsen Energy ASA has, via its subsidiary, Dolphin Drilling Ltd, received notification of a contract extension from Agip Gas BV for the semi-submersible drilling rig Bredford Dolphin. The rig has been operating offshore Libya since March 2003. The extended contract is on the same terms and conditions as the current contract and includes a rig rate of approximately $64,000 per day. The extension period covers the time to drill one additional well and test and complete five sub sea wells and is expected to keep the rig employed towards the end of second quarter 2004.