Stena Drilling is pleased to inform that the Stena DrillMAX has been awarded a contract by FAR Limited


Thur, April 26, 2018 - 16:00:00

Stena Drilling is pleased to inform that the Stena DrillMAX has been awarded a contract by FAR Limited. The Stena DrillMAX will drill the Samo prospect offshore, The Gambia, scheduled for late 2018 with an expected duration of the campaign to be around 40 to120 days. According to FAR, this will be the first offshore well drilled in Gambia for 40 years and we are extremely pleased to see the Stena DrillMAX being selected for this work. After a successful campaign with Cairn Energy Senegal in 2017 where the rig and its crew had an outstanding performance, completing the drilling campaign safely and achieving 99.89% of Operational Performance. Stena Drilling is excited to see the Stena DrillMAX return in the region and wishes the very best to all its crew and the rig management team.

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STENA DRILLING SIGN CONTRACT WITH TOTAL E&P UK LTD


Wed, April 25, 2018 - 14:00:00

Stena Drilling is pleased to inform that we have signed a contract with Total E&P UK Ltd. for the Stena Don. The Stena Don will drill the Glendronach prospect which is located West of Shetland. The duration is around 80-120 days and will commence mid/end May. Stena Drilling is extremely pleased to be working with Total E&P UK Ltd on this campaign and the campaign represents a great new opportunity for the Stena Don on the UK Continental Shelf (UKCS). Stena Drilling decided to move the Stena Don from Norway last year due to the limited opportunities in Norway during 2018 in order to lay-up the rig and pursue alternative international opportunities. The Stena Don and the crew have delivered safe and high performance operations in Norway for a number of years and we look forward to replicate the same best-in-class performance on the UKCS.

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First ever DNV GL compliant Managed Pressure Drilling (MPD) system


Tues, April 24, 2018 - 15:00:00

Stena Drilling have implemented the industry’s first all-OEM Deepwater DNV GL compliant Managed Pressure Drilling (MPD) system providing Clients with a new and innovative means of accessing hydrocarbon reserves that were previously deemed ‘un-drillable’.

Stena Drilling always strive for innovation and new technologies, focussed on continuously seeking opportunities for end customers and operators. In 2016 in the midst of one of the most severe downturns the industry has ever faced, Stena Drilling took the initiative and embarked on one of their most challenging projects to date by purchasing two modular Managed Pressure Drilling systems. This would make the ultra-Deepwater harsh environment DrillMAX/IceMAX fleet an industry leader in the challenging market.

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Stena Drilling has signed a contract with Timor Sea Oil & Gas Australia Pty Limited (TOGA), a subsidiary of Northern Oil & Gas Australia Pty Limited (NOGA) for the Stena Clyde.


Thur, February 15, 2018 - 12:00:00

Stena Drilling is pleased to inform that we have signed a contract with Timor Sea Oil & Gas Australia Pty Limited (TOGA), a subsidiary of Northern Oil & Gas Australia Pty Limited (NOGA) for the Stena Clyde.

The campaign is around 30 days and will commence around April/May this year and Stena Drilling is very pleased to be working with the TOGA/NOGA team. Stena Clyde has been kept warmstacked for a period of time in Darwin, Australia, and this workscope now represents a great opportunity for the Stena Clyde as the unit remains active and competitive in Australian waters.


 

Stena Drilling has signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey


Tue, February 13, 2018 - 8:30:00

Stena Drilling is pleased to inform that, following a competitive tender exercise, we have signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey. The drilling campaign is around 110 days with a potential additional option well on the Golden Eagle field, UK Central North Sea, and will commence on completion of the current well with Repsol-Sinopec. Stena Drilling is very pleased to be working with Nexen Petroleum U.K. Limited and this workscope presents another exciting new opportunity for the Stena Spey and the crews.


 

Stena Drilling has signed a contract with Greek oil and gas firm Energean for development drilling on the Karish field, offshore Israel.


Tue, January 30, 2018 - 8:00:00

Stena Drilling is pleased to report that we have signed a contract with Energean Oil & Gas for development drilling on the Karish Field, offshore Israel. Stena Drilling will deploy the Stena Forth, one of our four ultra-high specification drillships, to drill three development wells in Q1 2019 (with provision made for further options).

The Karish development programme includes drilling and production from a new Floating Production, Storage and Offloading (FPSO) vessel approximately 90 km offshore. First gas is expected in 2021. The Stena Forth has previous experience from the Mediterranean having worked offshore Libya in 2009. Stena Drilling is proud to have been selected for this high-profile development in the Mediterranean and also for the merits of which the selection was made: Energean has written in a press release that “Energean considers this to be a significant step in the development of Karish and part of a development plan which targets supplying gas to the growing Israeli gas market. Stena Drilling’s caliber, experience, and safety record was crucial in making this decision, given Energean’s commitment to achieving the highest standards of HSE performance and the requirement to operate in line with or exceed the European Directive on Safety of Offshore Oil & Gas Operations, as implemented by the UK safety directive”.

Source: https://www.energean.com/media/2411/20180129-press-release-energean-oil-gas.pdf


 

Oil Discovery Offshore Guyana


Mon, January 08, 2018 - 9:00:00

Exxon recently announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. The Ranger-1 well discovery adds to previous world-class discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent barrels. (Source: http://news.exxonmobil.com/press-release/exxonmobil-announces-sixth-oil-discovery-offshore-guyana)

These wells were drilled by Stena Carron, one of our four ultra-high specification drillships. Specifically the Turbot well and the Ranger-1 well was drilled with Stena Drillings propriety MPD system.

Stena Drilling’s MPD system (as used on the Stena Carron) is the first ever, Drilling Contractor owned, closed loop, MPD system installed on a ultra deepwater drillship classed by DNVGL. Stena Drilling own two MPD systems which can be deployed to any of our ultra-high specification drillships.


 

Stena Drilling cancels newbuilding construction contract for semi-sub Stena MidMAX


Thu, June 01, 2017 - 9:00:00

Stena Atlantic Ltd, an affiliate of Stena Drilling Ltd, has today notified the Korean shipbuilder, Samsung Heavy Industries Co Ltd (SHI), that it has exercised its right to cancel their contract for the construction of “Stena MidMAX”, a dynamically positioned harsh environment semisubmersible drilling unit.

The rig was ordered in June 2013 with a delivery date in March 2016. SHI has, however, been unable to complete and deliver the unit within the contractually agreed timeframe.

Under the contract terms, Stena Atlantic is entitled to reimbursement of $215.4 million in pre-delivery instalments paid to SHI, plus accrued interest. Stena Atlantic is also intending to pursue claims for compensation in respect of its costs incurred in relation to the project.


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