Oil rig news

Kvaerner has been awarded a contract with A/S Norske Shell for the disposal and demolition of the Subsea Compression Pilot at Nyhamna.

Baker Hughes, a GE company has announced one of the first agreements of its kind with Twinza Oil Limited to provide fullstream support on the Pasca A gas condensate field, which is located off Papua New Guinea in the Gulf of Papua.

Centrica North Sea Limited (Centrica) has awarded HydraWell a three-year frame contract to provide plug & abandonment (P&A) technology and services for the operator’s “A Fields” in the southern part of the North Sea.

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.