Industry News

Odfjell Drilling has agreed a contract with PGNiG Upstream Norway for the use of the Deepsea Yantai semisubmersible.The contract includes the drilling of one firm well, “Tomcat”, in PL 1055 in the Norwegian Sea, with the option to drill two further wells in 2024. The firm scope of work is estimated to take 55 days and will commence in Q2/Q3 2024.As a result of the signing of this contract, the firm backlog for the Deepsea Yantai is expected to now extend into Q3 2024.（2023-01-05）

Valaris’s drillship VALARIS DS-12 has been awarded a four-well contract with BP offshore Egypt. The contract is expected to commence in late Q3 or early Q4 2023 and has an estimated duration of 320 days. The estimated total contract value, inclusive of a mobilization fee, is $136.4 million.“We are honored that BP has chosen VALARIS DS-12 for their upcoming development campaign offshore Egypt. The rig has a long and successful track record with the customer, having worked for BP in several locations offshore Africa, including Egypt, over the past three and a half years. We look forward to partnering with

SLB is collaborating with Oman’s Ministry of Energy and Minerals and the Oman Investment Authority in building a national strategy to develop the potential of Oman’s geothermal resources.This announcement follows the completion of a project evaluating data from more than 7,000 oil, gas and water wells, with the objective of mapping sweet spots for geothermal prospects in the country. Commissioned by the Omani authorities, SLB assessed surface, subsurface and well data from the national data repository over a three-month period.“Geothermal is one of the world’s most promising clean energy resources, and it has a crucial role to play in reaching

ADNOC awarded three framework agreements, valued at a combined $4 billion, for integrated drilling fluids services (IDFS) to support the ongoing expansion of its lower cost and lower-carbon intensive production capacity as it responds to growing global demand for energy.The awards, which ADNOC says are the largest of their kind in the industry, were awarded to ADNOC Drilling, SLB and Halliburton. They cover ADNOC’s onshore and offshore fields and will run for five years with an option for a further two years.“These record framework agreements for integrated drilling fluids services continue ADNOC’s significant investment in drilling-related services to enable the

Remote operations have become a common solution for the drilling industry as it continues to look for new ways to reduce risk and maximize returns. Halliburton recently implemented remote operations on an MPD project, a collaboration with ONGC in India, that utilized 24-hour subject matter expert support and other remote systems. In this interview with DC from the 2022 SPE/IADC Managed Pressure Drilling and Underbalanced Operations Conference in Kuala Lumpur, Malaysia, on 28 September, Andrew McLennan, MPD Product Champion and Todd Pomeroy, Technical Advisor – MPD at Halliburton, discuss the results of the ONGC project, as well as the way

Maersk Drilling has secured a contract from Shell for its Maersk Developer semisubmersible in the Campos basin offshore Brazil, where the rig will drill one exploration well and perform subsea well interventions at the BC-10 field. The contract is expected to commence in March 2023, in direct continuation of the rig’s current contract, with an estimated duration of 90 days. The contract value is approximately $37 million.“We’re delighted to confirm that Maersk Developer will continue working in Brazil after it earlier this year became the first Maersk Drilling rig to commence operations in the region for many years. With this

Oil States Industries (OSI) shared details regarding a previously announced acquisition of Aberdeen-based E-Flow Control Holdings (EFC), a global controls, monitoring, instrumentation and handling company. The transaction expands Oil States’ electrification and digitalization capabilities by adding integrated control packages to the company’s drilling, deepsea minerals systems and renewables product offerings. It also provides EFC access to OSI’s global operational resources to strengthen EFC’s aftermarket support capabilities across every major offshore basin.EFC specializes in high-integrity, fully integrated control and hydraulic power systems with touchscreen user interfaces that allow for digital twin data visualization and control of assets. The company provides turnkey

Abu Dhabi National Oil Company (ADNOC) announced the award of two contracts totaling $2 billion to ADNOC Drilling for the Hail and Ghasha development project. The contracts comprise $1.3 billion for integrated drilling services and fluids, and $711 million for the provision of four Island Drilling Units. A third contract, valued at $681 million, was also awarded to ADNOC Logistics & Services for the provision of offshore logistics and marine support services. All three contracts will cover the Hail and Ghasha drilling campaign for a maximum of ten years.The Hail and Ghasha development project is part of the Ghasha Concession,