Middle East demand drives rising jack-up market in 2022
The global market for jack-up rigs has shown strong performance this year, with the number of awards and the duration of bookings already set to outpace 2021, according to Esgian Rig Analytics.
jack-up rig
Valaris slammed by HSE after supply ship collides with oil rig causing ‘significant damage’
Valaris has been criticised by the safety watchdog after a North Sea supply ship sustained "significant damage" after crashing into one of its offshore rigs.
Petrodec reactivates 40-year-old rig for UK decommissioning work
Petrodec has announced reactivation of a 40-year-old rig, which has been converted as its second decommissioning vessel for work in the UK North Sea.
ConocoPhillips plans to drill Chukchi Sea
While Shell has delayed its plans for drilling offshore Alaska, ConocoPhillips plans to go ahead with exploratory drilling in the Chukchi Sea next year.
Quake strikes in North Sea
An earthquake measuring 3.1 magnitude was recorded in the North Sea yesterday – in an area where a platform was abandoned after a major gas leak.
Prospector bags $135m North Sea contract with Total
Oslo-listed Prospector Offshore Drilling has confirmed a contract with Total covering the use of its first jack-up rig, Prospector I, in the North Sea.
Maersk told to get Inspirer house in order
Norway's Petroleum Safety Authority has found Maersk Drilling's Norwegian business unit to be deficient in risk management and emergency preparedness with regard to its jack-up rig Maersk Inspirer.
Clapton disappoints but more to come, says Faroe
Aberdeen-based oil explorer Faroe Petroleum said today its Clapton well off Norway would be plugged and abandoned after disappointing results.
Xcite’s Bentley project takes steps forward
Heavy oil explorer Xcite said yesterday it had agreed a deal for use of a shuttle tanker to store and take away oil from its North Sea Bentley field.
Ocean Installer picks up Xcite subsea work
Aberdeen-based oil and gas explorer Xcite has signed a letter of intent with Norwegian firm Ocean Installer for subsea work on the Bentley field.
Rowan Norway on way to Bentley, MKII
The jack-up rig Rowan Norway, contracted out to oil and gas explorer Xcite Energy, is once again on the move.
Ensco’s North Sea Nexen contract worth up to $260million
ENSCO has secured a Northwest Europe contract for its on-order ultra-premium harsh environment jack-up rig Ensco 120 with Nexen Petroleum. Total contract value could reach $260million if the many options are exercised.
Bowleven starts drilling at Sapele-3
BOWLEVEN, the west Africa-focused oil and gas exploration group, said yesterday that drilling had started at its Sapele-3 well in the Douala Basin offshore Cameroon.
Godwin ‘could start producing in 2012’
TALISMAN Energy could start production drilling on its Godwin oil field in the second quarter of next year.
EnCore Oil seals Catcher rig deal
ENCORE Oil said yesterday it had agreed a contract for the Transocean Galaxy II jack-up rig to drill up to four exploration and appraisal wells on the Catcher discovery in block 28/9 in the UK central North Sea.