Oil rig news

Publicly traded E&Ps and service companies are entering a Q2 earnings season anticipating a slowdown across the unconventional plays.

The Maersk Oil operated high pressure, high temperature (HPHT) Culzean development in the UK North Sea has reached a key milestone with the safe installation of all three of the project’s jackets, on time and on budget.

Independent Oil and Gas plc has announced that it has submitted the Field Development Plan to the UK Oil and Gas Authority for the Blythe Hub, which comprises the Blythe and Elgood fields.

The system features an advanced motion compensation control system with precision controls to enable fast landing and comfortable people transfers.

The Norwegian Petroleum Directorate has announced that Statoil Petroleum AS has completed the drilling of wildcat well 7219/9-2.

Statoil is set to commence an exploration drilling campaign on the UK Continental Shelf, for which three wells will be drilled.

Caspian Sunrise PLC has shared an update on its operations in its BNG exploration contract area.

The Riser Platform (RP) jacket for the Johan Sverdrup development will be ready for delivery in July and was given the name Ægir at a ceremony held at Kvaerner’s yard at Verdal.

The INPEX-operated Ichthys LNG Project’s Central Processing Facility (CPF) has been safely moored in the Ichthys Field, some 220 km off the north coast of Western Australia, where she will be located for 40 years.

The Oil and Natural Gas Corporation Limited (ONGC), with the support of Aqualis Offshore, has matched its own pre-monsoon rig move record set last year offshore India. Aqualis Offshore has also secured a new contract extension to support ONGC.