Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal since OPEC-led efforts boosted oil prices in the second half of 2016. Ensco bought rival Atwood Oceanics in a similar deal last year.Rowan shareholders will receive 2…
Valaris, a company leasing offshore drilling rigs to oil and gas companies, has secured a 16-well contract for one of its semi-submersible drilling rigs.The drilling firm said Monday that the Australian oil and gas firm Woodside had hired the Valaris DPS-1 semi-submersible drilling unit…
Offshore drilling rig owner Valaris said Tuesday it had won a drillship contract with TotalEnergies in Ivory Coast.The contract is for the ultra-deepwater drillship Valaris DS-12. Total E&P Côte d'Ivoire B.V, an Ivory Coast subsidiary of the…
Oilfield services provider Halliburton announced that its board of directors has appointed president and chief executive officer Jeff Miller as chairman of the board, effective January 1, 2019, following the retirement of executive chairman Dave Lesar on December 31…
Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020…
US-based Helix Energy Solutions Group has appointed now former Atwood Oceanics VP Geoffrey (Geoff) Wagner as its executive vice president and chief commercial officer. Wagner spent several years in executive leadership roles with drilling services firm Atwood Oceanics…
Mubadala Petroleum has started a three-well drilling program at the Manora oil field in the northern Gulf of Thailand, says partner Tap Oil. The program in the G1/48 concession, using the Atwood Orca jackup drilling unit, comprises two development wells and an exploration well…
Ensco plc announced today (5 October) that Ensco shareholders voted to approve the allotment and issuance of Ensco Class A ordinary shares to shareholders of Atwood Oceanics in connection with the all-stock acquisition of Atwood at the company’s general meeting of shareholders today…
Advisory firm Glass Lewis has recommended that Ensco plc shareholders vote “FOR” the US$839 million proposed all-stock transaction with Atwood Oceanics at the company’s upcoming general meeting of shareholders on 5 October 2017. “…we…
Partners Kosmos Energy and BP have confirmed the Tortue field offshore Mauritania to be a “world-class” resource, following a successful drill stem test (DST) of the Tortue-1 well with the Atwood Achiever drillship, which has now been mobilized to the Hippocampe prospect…
Noble Energy has hired Ensco’s ENSCO DS-7 ultra deepwater drillship for its giant Leviathan field, offshore Israel. Image from Ensco. The agreement for the ENSCO DS-7 includes the drilling two wells…
Ensco and Atwood Oceanics have filed definitive proxy materials with the US Securities and Exchange Commission (SEC) for the proposed merger announced in late-May. Atwood Oceanics headquarters…
KBR has confirmed that the company has been awarded the pre-front end engineering design (FEED) and project support services contracts for the development of the Tortue / Ahmeyim field, offshore Mauritania and Senegal. OE reported in…
Nabors Industries' acquisition of Tesco Corp. will accelerate the automation and integration of tubular services into Nabors’ rigs, creating immediate global scale for Nabors Drilling Solutions (NDS), while providing Tesco with an expanded platform for its businesses…
Houston-headquartered Atwood Oceanics has inked a one-well contract offshore northwest Africa with Kosmos Energy using the ultra-deepwater rig Atwood Achiever. The contract, which includes six, one-well options, will start immediately…
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