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Rig operator Seadrill has received three-year contract extensions from Saudi Aramco for the jackups AOD I and AOD II expiring…
Published in OE Press: 2016 / July
Tuesday, 26 July 2016 02:48

Lamprell - newbuild jackup delayed

UAE-based rig builder and engineering firm Lamprell says delivery of a jackup drilling rig, which had been scheduled for delivery…
Published in OE Press: 2016 / July
Wednesday, 29 June 2016 10:16

BP, Seadrill reach West Capricorn agreement

Seadrill Partners has reached an agreement with BP to keep the West Capricorn on an extended standby rate of US$316,000/d…
Classification society ABS is pursuing multiple major joint development projects (JDP) with Keppel Offshore & Marine Technology Centre (KOMtech) covering…
Published in OE Press: 2016 / July
UK-based Global Maritime Consultancy & Engineering has completed an offshore deadweight survey and inclining experiment at the same time as…
Tuesday, 21 June 2016 03:26

Statoil suspends use of Songa Delta

Norwegian oil major Statoil is suspending its contract for use of the Songa Delta semisubmersible drilling rig after completion of…
Published in OE Press: 2016 / June
Thursday, 16 June 2016 13:42

ONGC sets pre-monsoon rig record

India's Oil and Natural Gas Corp. (ONGC) has set a new pre-monsoon rig move record offshore India, with the support…
Tuesday, 07 June 2016 03:08

North Atlantic delays newbuild

Bermuda registered rig operator North Atlantic Drilling has extended a standstill deal agreement with Jurong shipyard over the delivery of…
Published in OE Press: 2016 / June
Saudi Arabia has taken two steps towards boosting its in-country rig building and high-end manufacturing capabilities in the sector.  Saudi…
Published in OE Press: 2016 / June
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