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Author: Admin

Shell announces $2.5 billion Crux gas field development offshore Australia

May 30, 2022
| Archives

Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field off Australia, which analysts estimated would cost around $2.5 billion. Construction is expected to start in 2023 with first gas expected in 2027, which will feed the 3.6 million tonne a year Prelude floating liquefied natural gas (FLNG) facility, the oil and

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Stena Don lined up for i3 Serenity prospect

May 30, 2022
| Archives

i3 Energy has entered into a contract with Petrofac Facilities Management Limited ('PFML') under which PFML will provide well engineering, operations management and operator services for the drilling of the Serenity appraisal well on its UK North Sea Licence P.2358 Block 13/23c. The contract allows i3 access to PFML expertise and services for a three-year period. PFML has an existing contract

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Suriname to auction deepwater offshore oil blocks late this year

May 30, 2022
| Archives

Suriname’s state oil company Staatsolie plans to hold an auction for deepwater offshore blocks at the end of 2022 and another for shallow water blocks in mid-2023, the company’s managing director told Reuters. The South American nation is a small onshore crude producer that is hoping to begin offshore output but has yet to confirm billions of barrels

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Keppel to charter out two more jackups to the Middle East

May 27, 2022
| Archives

Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiaries, signed contracts for the bareboat charter of another two KFELS B Class rigs to be deployed in the Middle East.  The rigs will be chartered to an established drilling company in the Middle East for deployment in 4Q 2022 for a period of three years, with

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Equinor makes new discovery in Barents Sea

May 27, 2022
| Archives

The well was drilled five kilometers south-southeast of discovery well 7220/8-1, which is in the Johan Castberg field, and 210 kilometers northwest of Hammerfest. Equinor is the operator of production license (PL) 532. Preliminary calculations of the size of the discovery indicate between 37 and 50 million barrels of recoverable oil. Together with the other licensees, Vår Energi

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Prosafe lands 4 year deal for the Safe Eurus

May 27, 2022
| Archives

Prosafe has been awarded a contract by Petrobras for the provision of the Safe Eurus semi-submersible vessel for safety and maintenance support offshore Brazil. Similar to the recently announced Safe Notos contract award, the award has a firm period commitment of four (4) years and the commencement is end-March 2023 following on from the expiry of her current contract that commenced in October

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Eni kick of Cronos 1 operations offshore Cyprus

May 23, 2022
| Archives

Exploratory drilling for natural gas in waters off Cyprus is currently underway, the government said on Monday. The well is being drilled by the Tungsten Explorer rig on behalf of Total and ENI – the companies with the concession on offshore block 6 of Cyprus’ exclusive economic zone. Work at the site, dubbed ‘Cronos-1’, was initially scheduled to take

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NPD issues Aker BP new drilling permit

May 23, 2022
| Archives

The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 6507/3-15 and 6507/3-16  in production licence PL 941. The well will be drilled at locations 65° 49' 38.83'' N 7° 51' 16.9'' E and 65° 48' 24.54'' N 7° 51' 44.01'' E by the Deepsea Nordkapp semi-sub. Expected spud date is June 2022. Licensees are: Aker BP (Operator) 80%; PGNiG Upstream Norway 20%. Source: NPD Join our mailing

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GOM offshore leasing update

May 23, 2022
| Archives

During testimony before the U.S Senate Committee on Energy and Natural Resources, Secretary of the Interior Deb Haaland confirmed that, despite delays in implementation from the previous Administration, the Interior Department will release the Proposed Program - the next step in the five-year offshore energy planning process - by June 30, 2022, which is the expiration of the current

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North America Rig Count: U.S. +14 to 728 Canada unchanged at 88

May 21, 2022
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +14 to 728 rigs U.S. Rig Count is up 14 from last week to 728 with oil rigs up 13 to 576, gas rigs up 1 to 150 and miscellaneous rigs unchanged at 2. U.S. Rig Count is up 273 rigs from last year's count of 455 with oil rigs up 220, gas rigs

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