SENEGAL: CAIRN HITS HYDROCABONS IN SANGOMAR DEEP
Cairn announces the results of the FAN South-1 well in the South Fan prospect offshore Senegal. The well encountered hydrocarbon bearing reservoir (Lower...
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CHEVRON TERMINATES CONTRACT FOR THE DISCOVERER CLEAR LEADER
Transocean announced that a subsidiary of Chevron elected to exercise its contractual option to terminate the drilling contract for the ultra-deepwater drillship Discoverer Clear Leader, effective November 2017, prior to its expiration in October 2018. In accordance with the contract terms, Transocean will be compensated through a lumpsum payment of approximately $148 million in contract termination fees, which is the present value of the operating dayrate less the operating costs per day. The payment is expected to be received in the fourth quarter of 2017. Transocean Clear Leader was delivered in 2008 at Daewoo shipyard at Okpo in South Korea. (Source: Transocean - Image: Tiffany Carvalho)
NEW CONTRACTS FOR ENSCO DS-4, DS-10 AND DS-7
Ensco has been awarded three drillship contracts offshore West Africa, representing an aggregate three years of contracted term and more than six additional...
Read More+DNO SPUDS THIRD PESHKABIR WELL IN KURDISTAN
DNO ASA, the Norwegian oil and gas operator, today announced resumption of appraisal drilling at the Peshkabir discovery on the Tawke license in the Kurdistan...
Read More+TOTAL HIRES FRIGG JACKUP TO DRILL OFFSHORE NIGERIA
Newly formed BORR Drilling, in conjunction with the Nigerian partner company Valiant Energy Services Wesrt Africa has received a letter of commitment from...
Read More+ERIN ENERGY TO SPUD OYO-9 OFFSHORE NIGERIA
Erin Energy Corporation provided an update today on its drilling operations that are expected to double production for the Company and also updated its...
Read More+WOOD GROUP BAGS GREATER WESTERN FLANK 2 CONTRACT
Wood Group has secured a $6million contract with Woodside to support the execution of phase two of their Greater Western Flank (GWF-2) project, located...
Read More+STATOIL DRILLING CAMPAIGN IN THE FLEMISH PASS BASIN DISAPPOINTS
Statoil, along with its partner, Husky Energy, has finalized a two-well exploration drilling program in the Flemish Pass Basin offshore Newfoundland. Both...
Read More+NORWAY AND UK LIFT SUPER PUMA HELICOPTER BAN
On 29 April 2016, 13 people died when a CHC operated Super Puma helicopter, en route from Gullfaks B to Flesland, near Bergen, went down. A technical fault...
Read More+VIETNAM DRILLING IN SOUTH CHINA SEA DISPUTED WATERS
BBC News and several news agencies including Reuters reported that Vietnam is carrying out drilling operations in the Block 136-03 of the South China Sea....
Read More+SACGASCO TO DRILL DEMPSEY WELL IN THE SACRAMENTO BASIN
Sacramento Basin-focused natural gas developer and producer, Sacgasco Limited, an Australian-based energy company focused on conventional gas exploration...
Read More+RIO GRANDE LNG TO SUPPORT BAHIA GRANDE RESTORATION PROJECT
The Brownsville Navigation District (“BND”) Board of Commissioners announced today a provisional commitment by Rio Grande LNG towards the restoration,...
Read More+NEW METHANE CRATERS IN YAMAL PENINSULA
The Siberian Times reported that Russian scientists have located two fresh methane craters formed on Yamal peninsula this year, with the latest exploding...
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Important News
- EIA INTERNATIONAL ENERGY OUTLOOK 2017 18th September 2017
- STONE ENERGY ANNOUNCES RAMPART DEEP SUCCESS 06th September 2017
- TOTAL ACQUIRES MAERSK OIL FOR $7.45 BILLION 21st August 2017
- TRANSOCEAN ACQUIRES SONGA OFFSHORE 15th August 2017
- IAEA: LONG-TERM POTENTIAL OF NUCLEAR POWER REMAINS HIGH 12th August 2017
