Maersk Drilling on June 14 said that CNOOC Petroleum Europe Ltd., a wholly-owned subsidiary of CNOOC Ltd., has exercised a one-well option for the Mærsk Innovator jackup rig to continue drilling infill wells at the Buzzard field on the U.K. Continental Shelf.
The option has an expected duration of approximately 100 days, which means the Mærsk Innovator is now firmly contracted until February 2020.
Mærsk Innovator is a CJ70 ultra-harsh environment jackup rig which was delivered in 2003 and is designed for year-round operations in the North Sea.
The acquisition of Haynesville gas gathering assets from Momentum Midstream and Indigo Natural Resources “checks all of our boxes,” DTE Energy CEO says.
Michael Pearl succeeds Jaime R. Casas who has transitioned to vice president and Treasurer of Occidental Petroleum.
Schlumberger NV beat Wall Street estimates for profit on Oct. 18, in the first quarter under Olivier Le Peuch, as higher international drilling activity boosted demand for its equipment and services and helped counter weakness in North America.