Harsh Environment News

 

Valaris Nets Over $1B in Rig Contract Awards and Extensions

Jan 10, 2024

Offshore drilling company Valaris has secured approximately $1.14 billion in new contracts and contract extensions for its drillships and jack-up rigs across the Americas, Europe and Australia.The $1.14 billion worth contracts were awarded in the last two months of 2023, with the backlog excluding lump sum payments such as mobilization fees and capital reimbursements.These include three new drillship contracts with Petrobras…

Transocean Secures $172 Million Offshore Drilling Contract Extension in Norway

Jul 05, 2023

Offshore drilling contractor Transocean Ltd. said Wednesday that six one-well options had been exercised for the Transocean Encourage semi-submersible drilling rig in Norway. While Transocean did not specify who the client was, the harsh-environment…

AI-driven Tech Promises to Cut Offshore Well Drilling Times, Costs, and Boost Safety

May 04, 2023

Offshore drilling firm Transocean, on behalf of its clients Wintershall Dea and OMV, has contracted InteliWell to equip and utilize its proprietary InteliWell software on the semi-submersible drilling rig Transocean Norge.InteliWell is a joint…

Transocean's Backlog Grows to $8.6B with Latest Rig Deals in Norway and Australia

Apr 19, 2023

Deepwater drilling company Transocean has secured $546 million worth of drilling contracts in the past quarter, according to its rig fleet status report issued Tuesday.The contracts were secured by four rigs, the Transocean Enabler, Transocean Encourage…

Diamond Offshore's Ocean GreatWhite Rig Kicks Off Five-well Drilling Campaign for BP

Apr 07, 2023

Offshore drilling contractor Diamond Offshore said Thursday that its Ocean GreatWhite semi-submersible drilling rig had kicked off its five-well drilling campaign for BP West of Shetland.'This marks an important milestone for this harsh-environment…

Transocean Adds $113M to Backlog with New Offshore Rig Contract Wins

Mar 29, 2023

Offshore drilling contractor Transocean has won contracts for two of its harsh environment semi-submersible drilling rigs. The contracts are worth around $113 million in total for the firm part.Transocean said that its Transocean Endurance offshore…

Belgian Firms Unveil Harsh-environment Offshore Floating Solar Tech

Mar 08, 2023

The Belgian companies DEME, Tractebel, and Jan De Nul on Wednesday introduced a new harsh-environment offshore floating solar technology called SEAVOLT.According to the three firms, SEAVOLT technology (patent pending) can withstand harsh offshore…

Odfjell Oceanwind Launches Floating Wind Foundation Design for 15MW Turbines

Feb 28, 2023

Norwegian floating offshore wind engineering firm Odfjell Oceanwind has launched a floating wind foundation design, the Deepsea Star, that will be able to take 15 MW and larger wind turbine generators (WTGs).  The company has previously received…

Bourbon and Horizon Join Forces to Provide Offshore Vessel Services in North Sea and Canada

Feb 16, 2023

Bourbon and Horizon Maritime have created a new joint venture that will offer marine services and operations in the North Sea and Canadian offshore markets.Incorporated in Norway, the new company is called Bourbon Horizon, and, according to a press release issued Thursday…

Dolphin Drilling Starts Trading on Euronext Growth

Oct 28, 2022

Offshore drilling company Dolphin Drilling on Thursday announced public trading on Euronext Growth, after a recent private placement and share issue with total gross proceeds of $45 million. “Dolphin Drilling has attractive assets, a strong…

Equinor Adds One Well to Odfjell Drilling Rig Scope

Oct 03, 2022

Offshore drilling contractor Odfjell Drilling said Friday that the Norwegian energy firm Equinor had exercised a further well for the Deepsea Stavanger offshore drilling rig.The well was added to the rig's scope under the continued optionality…

Odfjell Drilling Secures More Work for CIMC's Deepsea Yantai Offshore Rig

Sep 21, 2022

Offshore drilling contractor Odfjell Drilling has signed a contract with Shell in Norway for the use of the offshore drilling rig Deepsea Yantai.The 2019-built rig is owned by China's CIMC and managed by Odfjell Drilling.The contract, announced Tuesday…

OMV Hires Deepsea Yantai to Drill Eirik Well

Sep 19, 2022

Odfjell Drilling announced that on behalf of CIMC OFFSHORE AS, it has agreed a contract with OMV Norge AS for the use of the drilling rig Deepsea Yantai to drill one firm well Eirik in PL 817 in the North Sea, plus one optional well in 2023 or 2024…

Valaris Nets $149M Worth of Offshore Drilling Contracts

Sep 01, 2022

Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements…

Huisman Unveils 'Green' Offshore Drilling Rig Design

Aug 22, 2022

Dutch company Huisman, best know for its offshore crane solutions, on Monday revealed its design for a 'green' harsh environment semi-submersible drilling rig, which promises to reduce costs and emissions of offshore drilling operations.According to Huisman…

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