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Island Drilling grabs one well deal with Faroe Petroleum

May 2, 2019
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Island Drilling Company AS is pleased to announce that the company has been awarded a contract with Faroe Petroleum Norge AS, to drill one well on PL888 Canela license, located west of Heidrun field. Block 6507/7. Drilling is scheduled to commence in Q3 2019. Island Drilling Management will be responsible for the operation of the Island Innovator. Island Drilling

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Tough and Humble but Always Remember

May 2, 2019
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I wanted to start this off with saying how much I appreciate all of our followers out there and share a few things that have been with me my entire career as well as a few pictures to show ya’ll I wasn’t always a desk jockey! From the beginning of my career the oilfield wasn’t what I

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Northern Offshore and GDI bag long term drilling contracts

May 1, 2019
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Qatar Petroleum announced that it has awarded contracts for a total of eight offshore Jackup Drilling Rigs required for the North Field Expansion Project. The drilling rigs are planned to be mobilized and ready for drilling activities starting from January 2020.  Contracts for six of the eight rigs were awarded to Gulf Drilling International (GDI), while the contracts

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Is the Chevron bid `dead’ after Buffett backs Occidental?

May 1, 2019
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After Warren Buffett’s Berkshire Hathaway Inc. committed $10 billion to rival bidder Occidental Petroleum Corp., Chevron Corp.’s offer to buy Anadarko Petroleum Corp. is essentially “dead†according to Chicago-based investment firm Harris Associates.“Before this announcement came out, my opinion was that Chevron would have to increase their bid to be competitive,†said Bill Nygren, chief investment officer

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EnscoRowan fleet status update packed with new contracts

April 30, 2019
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Fresh off their new merger, EnscoRowan fleet update status holds 3 new contract awards for their floaters and 5 new contract awards for their jackups, details below for each: Floaters ENSCO DS-9 awarded a four-well contract with Total offshore Brazil that is expected to commence in June 2019 ENSCO DS-7 awarded a 180-day contract with Burullus Gas Company

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Diamond grabs up work for their 6th Gens BlackRhino and BlackHawk with Woodside

April 29, 2019
| Archives

According to its latest fleet status report, Diamond Offshore has secured a well-based contract for its Ocean BlackHawk drillship with Woodside in Senegal. The contract also includes options. It is scheduled to start in 1Q 2022 and end in 1Q 2023. Diamond has also secured a well-based contract plus options from Woodside for its Ocean BlackRhino drillship. Under this deal, the rig

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Saudi Taqa has purchased Schlumberger’s Middle Eastern drilling rig business for $1.2 billion

April 29, 2019
| Archives

A Saudi Arabian oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger Ltd.’s Middle Eastern drilling-rig business. Saudi Arabia’s Industrialization & Energy Services Co., known as Taqa, targets two deals in North America this year to improve its technological and manufacturing capabilities, CEO Azzam Shalabi

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