Drilling ///

SDX Energy spuds KSR-61 development well in Morocco

SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce the spud of its KSR-16 well in the Sebou permit in Morocco.

Wintershall granted drilling permit for wildcat southwest of Aasta Hansteen

The Norwegian Petroleum Directorate has granted Wintershall Norge AS a drilling permit for well 6604/5-1, cf. Section 8 of the Resource Management Regulations.

North Sea tax measure to unlock upstream UKCS investment, says Oil & Gas UK

Chancellor Philip Hammond today announced a tax measure that will unlock further investment in the UK North Sea by enabling more assets to change hands and allow new owners to provide fresh investment in many mature oil and gas fields.

Lundin announces non-commercial gas discovery on Hufsa prospect

Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS has completed the drilling of exploration well 7219/12-2 on the Hufsa prospect in PL533 in the southern Barents Sea. A non-commercial gas discovery was made in the main well while the sidetrack was dry.

Maersk Drilling enters into alliance agreement with Aker BP

Maersk Drilling has entered into a jackup alliance agreement with Aker BP ASA (Aker BP).

John Lawrie Group acquired by its management

Metal reprocessing, tubular supply and decommissioning company John Lawrie Group has been acquired by its management in partnership with Rubicon Partners and Grovepoint as it gears up for an expansion of its business in the UK and U.S.

Africa Energy to acquire additional interest in South Africa

Africa Energy Corp. announces the signature of definitive agreements to acquire an effective 4.9% interest in the Exploration Right for Block 11B/12B offshore South Africa.

New gas turbine improves gas protection in dusty environments

Parker Hannifin recently announced the release of its new clearcurrent PRO SP+ cartridge filter at the ADIPEC show in Abu Dhabi.

Wintershall deploys Emerson's wireless downhole monitoring system

Emerson’s latest Roxar Downhole Sensor System has been deployed on the Maria field offshore Norway, providing the field’s operator Wintershall with improved well integrity monitoring and offshore safety.

$1.8-billion Tenaris mill in Bay City targets Permian operators

Tenaris recently opened a new $1.8-billion pipe manufacturing mill in Bay City, Texas, and with the new mill, it is targeting service for U.S. shale operators—in particular, those operating in the Permian basin—according to a local Houston newspaper.

Drilling permit for Norwegian wildcat well granted to OMV Norge

The Norwegian Petroleum Directorate (NPD) has granted OMV (Norge) AS a drilling permit for well 6506/11-10, cf. Section 8 of the Resource Management Regulations.

Highland's Ocean Rig bet: Fail in Caymans? Try the Marshalls

A battle of so-called bankruptcy tourists has erupted in New York court, with unclear consequences for global companies and their bondholders.

Rosneft drills world's longest well in Sakhalin

Rosneft, as a member of Sakhalin-1 Consortium, successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk.

Quantico Energy Solutions introduces new drilling optimization solution

Quantico Energy Solutions announced today the release of QOpt, a drilling optimization solution that maximizes rate of penetration (ROP) and reduces the overall cost to drill a well.

Statoil plans to step up exploration after driving down costs

Statoil ASA plans to step up drilling in Norway for a second consecutive year, in the first indication it has given of its exploration plans for 2018.

ADES wins contract for ADMARINE III jackup with Egypt's GPC

ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, is pleased to announce that it has been awarded a new contract for its ADMARINE III offshore jackup rig.

Arctic refuge drilling moves closer to reality with Senate vote

Oil drilling in the Arctic National Wildlife Refuge took a significant step forward Wednesday, as the Senate energy committee approved legislation to compel lease sales in the 1.5-million-acre coastal plain along Alaska’s northeast coast -- tying it to tax reform.

Shale goal in sight: Pump with a profit, without hurting growth

Shale drillers are promising to add a new wrinkle to their world-shaking oil boom: they may finally make money.

Statoil granted drilling permit for appraisal well west of Oseberg field

The Norwegian Petroleum Directorate has granted Statoil Petroleum AS a drilling permit for wellbore 30/8-5, cf. Section 8 of the Resource Management Regulations.

ADES, Vantage Drilling form JV to provide deepwater drilling services in Egypt

ADES International Holding Ltd., the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has announced that its subsidiary ADES S.A.E has entered into a long-term joint venture (JV) agreement with a subsidiary of Vantage Drilling International.