Offshore Shallow Water News

 

SMJ Acquires 50% Stake in Petronas' Block Offshore Sabah

Apr 07, 2023

SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of  Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC, with SMJ on board as the non-operating partner. The Samarang field, which is located approximately 50km offshore Sabah, is currently producing approximately 36…

First Well Spudded in Danish Underground Consortium's North Sea Infill Campaign

Jun 12, 2023

Drilling operations have started on the HBA-27B well offshore Denmark, with the first of two wells successfully spudded by the jack-up rig Shelf Drilling Winner (ex-Noble Sam Turner).BlueNord (ex-Noreco) and its partners December 2022 reached…

Velesto Wins Offshore Drilling Contracts for Three Jack-up Rigs

May 09, 2023

Malaysian offshore drilling rig contractor Velesto Drilling has received three notices of assignments related to a drilling contract award with Petronas first announced in March.The contract is for providing three jack-up drilling rigs, the Naga 3…

Shelf Drilling Secures $61M Offshore Drilling Contract with Equinor

Apr 28, 2023

Shelf Drilling said Friday it had secured a contract for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Sleipner Vest field in the North Sea, offshore Norway.The contract is firm for two wells, and this will keep the jack-up drilling rig busy for about 270 days…

Shelf Drilling Lands $11M Offshore Drilling Rig Contract in Nigeria

Apr 25, 2023

Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…

Trillion Energy Spuds Bayhanli-2 Well at SASB Offshore Gas Field in Turkey

Apr 11, 2023

Trillion Energy International, an oil and gas firm focused on the Turkish section of the Black Sea, said Tuesday it had started drilling the Bayhanli-2 well at the SASB offshore gas field.Bayhanli-2 is the fifth gas well in the company's multi-well drilling program at the SASB gas field development…

Vahana Aryan Becomes First Jack-up Unit to Receive DNV's Abate-Ready Notation

Apr 05, 2023

Dubai-based Vahana Marine Solutions DMCC's Vahana Aryan vessel has become the first jack-up unit to receive DNV’s Abate-Ready notation. According to DNV, the Abate notation is designed to assist the owners and operators of offshore units to…

Semco Maritime, Local Firms in Aberdeen Getting Noble Jack-up Rig Ready for BP Gig

Mar 23, 2023

Semco Maritime said Wednesday it was, together with local companies, conducting maintenance works on the Noble Innovator jack-up rig in the Port of Aberdeen, prior to the rig's deployment back to the North Sea to undertake decommissioning activity for BP…

Shelf Drilling Wins $118M Rig Contract Offshore Nigeria

Mar 09, 2023

Oslo-listed jack-up drilling rig leasing firm Shelf Drilling said Wednesday that it had secured a two-year contract in Nigeria for its Shelf Drilling Scepter rig.The contract value for the firm period, including mobilization revenue, is approximately $118 million…

Caspian Sunrise Wins Work for Shallow Water Drilling Vessel

Mar 07, 2023

Kazakhstan-focused oil and gas company Caspian Sunrise has won a contract for its offshore drilling vessel, Caspian Explorer.The company, which bought the shallow-water drilling vessel back in 2020, said Tuesday the vessel would drill a well…

Valaris Bags Three Offshore Drilling Contracts Including $500M Deal for Stacked Drillship

Mar 06, 2023

Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig.  One of the drillships in question is the Valaris DS-8,  which secured a three-year, $500 million contract with Petrobras in Brazil…

IOG Spuds Blythe H2 Well in UK North Sea

Mar 06, 2023

Oil and gas company IOG said Monday it had spudded the Blythe H2 well in the UK North Sea at 3.20 a.m. on Sunday 5th March.The well is being drilled by the Noble Hans Deul jack-up drilling rig (to be renamed the Shelf Perseverance) under IOG's contract with Shelf Drilling (UK) Ltd signed in 2020…

Exxon Seeks to Unblock Stalled Sale in 'challenging' Nigeria - Top Executive

Mar 06, 2023

Exxon Mobil Corp hopes to get Nigerian government approval to allow the stalled sale of its shallow water oil production operations in the West African country, a top Exxon executive told Reuters. The largest U.S. oil company will keep its deep…

Borr Drilling Adds 625 Days to Backlog with Hat-trick of Jack-up Rig Deals

Feb 14, 2023

Shallow water drilling company Borr Drilling has secured contracts and extensions for three jack-up drilling rigs: Ran, Gerd, and Natt.Borr Drilling said on Monday that the contracts added about 625 days to its firm backlog.The premium jack…

JDC to Provide HAKURYU-11 Jack-up Rig for Work in Thai Offshore Field

Feb 10, 2023

Japan Drilling Co., Ltd. (JDC), a Japanese offshore drilling company, has won a contract to drill in Thailand.The contract, signed with Medco Energi, will see JDC provide the jack-up drilling rig  'HAKURYU-11' for work at the Bualuang field…

Current News

MSC 107: MODU Code Revised to Improve Asbestos Safety

MSC 107: MODU Code Revised to Improve Asbestos Safety

TurkStream Pipeline Back in Operation After Planned Maintenance

TurkStream Pipeline Back in Operation After Planned Maintenance

More than 900 Norway Offshore Drilling Workers May Strike from June 29

More than 900 Norway Offshore Drilling Workers May Strike from June 29

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

Floating Drilling Rig Utilization Surges to Over 85%, Sparking Potential for Newbuilds

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