In the latest consolidation in the offshore sector, Nordic American Offshore (NAO) and Canada based Horizon Maritime Services signed a memorandum of understanding (MoU) to form a fleet of 17 ships capable of operating in offshore environments…
Rowan Companies plc announced that the Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum with an estimated duration 100-140 days. The contract is expected to commence in late 2018…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
Major offshore drilling contractor Transocean has moved to purchase Cyprus-headquartered Songa Offshore in a US$3.4 billion deal, the two companies announced today (15 August). Transocean expects the merger to close in Q4 2017. The Songa Endurance…
Norway’s Petroleum Safety Authority (PSA) has given Aker BP consent to drill two wildcat wells in the North Sea at the Hyrokkin prospect. Aker BP consent to drill exploration wells 25/4-11 and 25/4-12, which is north of Alvheim. The…
Odfjell Drilling has signed a conditional letter of award with an oil major for a one well contract to be drilled by the sixth generation semisubmersible, Deepsea Stavanger, offshore South Africa. The contract commencement is back to…
Maersk Drilling has named its fourth XL Enhanced ultra harsh environment jackup the Maersk Invincible, on 14 October at a ceremony held at the Daewoo Shipbuilding and Marine Engineering (DSME) shipyard in South Korea. Maersk Invincible…
Transocean has won a contract for the Transocean Barents harsh environment, ultra deepwater floater with Suncor Energy, offshore Canada. The 15-month contract has been set at a dayrate of US$260,000. The estimated contract backlog, excluding mobilization is $119 million…
Dutch outfit GustoMSC has launched a new harsh environment drilling semisubmersible series, OCEAN-HE. The OCEAN850-HE and OCEAN1600-HE have been designed for mid-water and deepwater harsh environment regions. The series' semisubmersible…
Husky Oil Operations Ltd. pulled the plug on its drilling contract with Seadrill for the West Mira vessel one week after Seadrill canceled the newbuild’s order with Hyundai Heavy Industries (HHI). West Mira illustration…
Maersk Drilling and Awilco Drilling reported operational updates for 1Q 2015. Maersk Drilling realized a profit of US$116 million during 1Q 2015 due to fleet growth and operational performance, despite two idle rigs. The result is attributed…
Norway-based Odfjell's newbuild deepwater semisubmersible Deepsea Aberdeen has started drilling operations under a seven-year contract with BP on the Quad 204 field development project West of Shetland, UK. Deepsea Aberdeen (pictured)…
Wood Group Kenny’s Luis F. Garfias outlines the challenges relating to material selection and testing for eventual use in harsh environments. Photo by Robert Callaway. The increasingly…
Maersk Drilling’s third XL Enhanced ultra harsh environment jackup was officially named Saturday morning at the Keppel FELS shipyard in Singapore. Margareth Øvrum, Executive Vice President in Statoil, named the rig - the third in a series…
Maersk Drilling has taken delivery of its third ultra harsh environment jackup, XLE-3, from the Keppel FELS shipyard in Singapore, ahead of schedule. The rig (pictured) will start her mobilisation to the Norwegian North Sea late February…
Subscribe
