Industry News

Abu Dhabi National Oil Company (ADNOC) says that it has drilled a world record for the longest oil and gas well, drilling a 50,000-ft well at its Upper Zakum Concession. According to ADNOC, the well is approximately 800 feet longer than the previous world record set in 2017. ADNOC Drilling drilled the oil and gas well from Umm Al Anbar, one of ADNOC Offshore’s artificial islands.ADNOC said the extended reach wells will tap into an undeveloped part of the giant Upper Zakum reservoir with the potential to increase the field’s production capacity by 15,000 bbl/day of oil, without the need

Seadrill has completed a sale, previously announced on 1 September, with ADES of the entities that own and operate seven jackups in Saudi Arabia. The AOD I, AOD II, AOD III, West Callisto, West Ariel, West Cressida and West Leda jackups are now owned by ADES, and ADES employs the crews operating the rigs and holds the drilling contracts related to the rigs. The total consideration for the sale is $628 million in cash, subject to adjustment for working capital and other items, and reimbursement to Seadrill for any project costs spent in relation to the reactivation of the West

Keppel Corp has completed the modification works for four KFELS B Class jackups which will be deployed on bareboat charters in Saudi Arabia this month. The rigs are being chartered in pairs to Arabian Drilling Company (ADC) and ADES Saudi Limited Company (ADES) respectively and are expected generate a total charter revenue of about S$250 million over three to five years.The rigs chartered to ADC, ARABDRILL110 and ARABDRILL 120, were handed over on 13 October. The rigs are on bareboat charter contracts for three years with options for a year’s extension and will be deployed in Saudi Arabia to work

ADNOC awarded a $1.53 billion, two-year contract to ADNOC Drilling covering the provision of 12 jackups and two island rigs, and the associated Integrated Drilling Services (IDS).“Through this award, ADNOC Offshore will continue to responsibly harness the energy in Abu Dhabi’s waters, as we increase production capacity to meet the world’s growing demand for energy with lower carbon intensity oil and gas. ADNOC Drilling is a world leader in drilling and completion services. Their deep expertise and wide technical capability will maximize value and minimize the environmental footprint of every well as ADNOC expands its production capacity. The substantial in-country

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

Dolphin Drilling announced it has secured a 12-month contract with Nigeria-based General Hydrocarbons Limited (GHL) at a value of $96 million.The contract for the Blackford Dolphin will commence during Q4 this year. The rig recently completed work in the Gulf of Mexico for PEMEX and will mobilize to Las Palmas for its special periodic survey prior to commencing operations in Nigeria.Bjørnar Iversen, CEO at Dolphin Drilling, said: “We are proud to announce the final award of the Blackford Dolphin contract, proving our position in the niche moored semisubmersible market. Dolphin Drilling has attractive assets, a strong team and a solid

Noble Corp announced that it has completed its merger with Maersk Drilling. The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling. The companies are now operating as a single organization as of 3 October.“Today marks an exciting new chapter as we bring together these two exceptional companies. The fundamental industrial logic of the combination is clear and has only grown stronger over the past year, driven by steady improvements in the offshore drilling market and a deeper appreciation of the immense talent across this newly combined team,” said Robert

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