Kan Tan IV, image: Frigstad Offshore
Frigstad Offshore’s Kan Tan IV semi-submersible drilling rig spud in today offshore New Zealand according to an exchange filing.
The rig has been working offshore New Zealand for almost exactly a year and is now on contract with OMV New Zealand Ltd which operates license PEP 51313 in the Maari Field offshore Taranaki.
Horizon Oil, a 21 percent JV partner on the field notes the rig will drill to a total depth of 2,879 m over a 22-day period at the Whio-1 exploration well. The company adds,”The close proximity of Whio to existing production infrastructure at the Maari Field provides potential opportunities for early development of any discovered petroleum. A successful well at Whio will open additional exploration potential along the Tasman Ridge to the south of Maari, including the Matariki prospect.”
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 110,929 members that receive our newsletter.
Have a news tip? Let us know.
(Bloomberg) — An explosive-laden drone boat slammed into an oil tanker as it sailed past the coast of Yemen, a sign Israeli airstrikes haven’t deterred the country’s Houthi militants from...
The Bureau of Ocean Energy Management (BOEM) has granted final approval for the Atlantic Shores South project, marking a significant milestone in offshore wind energy development off the coast of...
(Bloomberg) — The US is concerned Russia may supply missiles to the Houthis in Yemen, an American official said, a move that could stoke further Middle East unrest by strengthening...
Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.
Sign Up
Maritime and offshore news trusted by our 110,929 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
