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Friday, 27 May 2016 12:24

Parker wins Sakhalin extension

Parker Drilling was awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia.…
Maersk Drilling has agreed to acquire the newbuild harsh environment jackup rig Hercules Highlander from struggling US drilling contractor Hercules…
Published in OE Daily: 2016 / May
Bermuda listed Seadrill, and Norwegian drillers Odfjell and Sevan Drilling reported their Q1 results this morning.  Intense focus on cost…
Published in OE Daily: 2016 / May
Tuesday, 24 May 2016 03:55

Freeport to pay $215 million to Rowan

Freeport-McMoRan Oil & Gas is to pay Rowan Companies US$215 million under an agreement to cut short a rig contract…
Published in OE Press: 2016 / May
US drilling contractor Noble Corporation is due to cold stack two semisubmersibles and warm stack two drillships.  In its latest…
Published in OE Press: 2016 / May
Singapore’s Keppel Offshore & Marine has entered into an agreement with Russian oil major, Rosneft, and Norwegian drilling equipment firm,…
Published in OE Press: 2016 / May
Wednesday, 18 May 2016 03:16

Pemex cuts short jackup contract

Mexico's Pemex has cut short a contract for use of Aban Offshore's jackup Deep Driller I. Pemex served a notice…
Published in OE Press: 2016 / May
Thursday, 05 May 2016 03:16

Atwood sells rig, idles another

US-based driller Atwood Oceanics has sold its semisubmersible drilling rig Atwood Falcon for recycling and scheduled the Atwood Eagle semisubmersible…
Published in OE Press: 2016 / May
Drilling giant Transocean swung back into profit in Q1 2016, despite revenues having hemorrhaged compared to Q1 2015. Rig utilization…
Published in OE Daily: 2016 / May
Keppel Offshore & Marine (Keppel O&M) has completed the acquisition of Cameron International Corporation's (Cameron) offshore product division, which comprises…
Sunday, 01 May 2016 00:00

Drilling on a global scale

Weatherford’s Snorre Lutnes examines managed pressure drilling applications across key regions. MPD deployment. Images from Weatherford. Once reserved as a…
Published in OE: 2016 / May
Monday, 25 April 2016 11:28

Ocean Rig buys Cerrado drillship

Cyprus-based Ocean Rig has stepped in to buy the sixth generation ultra-deepwater (UDW) drillship Cerrado, which once drilled the giant…
Published in OE Daily: 2016 / April
Interocean Marine Services have been awarded a five-year contract by Maersk Oil North Sea UK for the provision of rig…
Friday, 22 April 2016 15:21

Cross Group wins Trinidad gig

The Cross Group has won a contract to assist in pulling five flexible flowlines and an umbilical, with a maximum…
Tuesday, 19 April 2016 17:07

Transocean delays 2 UDW drillships

Transocean, has opted to delay delivery, and final payments, on two dynamically positioned ultra-deepwater (UDW) drillships currently under construction at…
Published in OE Press: 2016 / April