KrisEnergy and the government of Cambodia have signed agreements for the first oil field development, located in Block A in the Gulf of Thailand. The operator plans to develop the Apsara area in the northeastern section of the concession. Under the terms of the agreement, KrisEnergy has 60 days to [...]
Market reports say Medco Energi has exercised three of nine priced option wells it had available on Seadrill semi tender West Vencedor (6,561'). The new term in Block B off Indonesia is said to have begun earlier this month with the 40-day wells expected to keep the rig busy into [...]
KeppelFELS chances of getting Grupo R to accept delivery of the three jackups they have under construction by the end of 2017 as planned do not look too rosy. All three rigs, Cantarell III, Cantarell IV and Cantarell V, were to be originally delivered in 2016. Grupo R has revealed [...]
Revenue Drop In Q2 For Shelf Drilling For the second quarter of 2017, Shelf Drilling reported revenues of $142.8 million, compared with $169.9 million in the same period a year earlier. The decrease in total revenue was largely due to a decrease in average day rates and a decline in [...]
PERTAMINA Hulu Mahakam has now made bid documents available for pickup by rig owners bidding on its two-year jackup requirement in the East Kalimantan area off Indonesia. It is understood a mandatory prebid meeting will be held August 25, with bids due September 19. Rig requirements include a 350' jackup [...]
Chevron has extended its bid deadline a second time for its upcoming Gorgon Gas Stage 2 development drilling program off Australia. Bids are now due August 31, a week later than the previous deadline. The program has two potential work scopes; 11 wells over a two-year period plus four option [...]
Jackup ENSCO 106 (400'-IC) has completed operations in Block B15 for Sapura Energy, completing the contract. It is now mobilizing to Singapore where it will undergo contract preparations for its upcoming five-year plus three-year option program with BP in the Tangguh PSC off Indonesia, with work starting in December.
Atwood are close to finalizing the sale of Korkut New Era design semi Atwood Eagle, built in 1982. The former Diamond M Eagle was removed from Atwood’s active fleet in May and put up for sale as scrap. The rig, which had long worked in the region, mostly in Australia, [...]
Repsol has awarded a contract for the provision of jackup UMW Naga 5 (400'-IC) for one year of work plus a one-year option, covering operations offshore Malaysia. The campaign will begin in mid-September, shortly after the rig completes its current contract with Petrofac offshore Malaysia.
The former Frigstad Kristiansand, now Bluewhale II, nears delivery and is currently on sea trials. The 7th generation Frigstad D90 design 12,000ft wd rated semi is now owned by CIMC Bluewhale Rig Ltd and is set for delivery at the end of this month. No charter has yet been announced [...]