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…
CARBO Ceramics announced KRYPTOSPHERE HD has been utilized by all supermajor E&Ps operating in the Gulf of Mexico, for deep, high stress wells. KRYPTOSPHERE HD is the leading ultra-conductive, high strength ceramic proppant. It was initially…
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…
Newcomer Borr Drilling has landed its first deal with a supermajor. Borr and its Nigerian partner company Valiant Energy Services West received a letter of commitment from Total E&P Nigeria for the Frigg jackup. The deal is for a firm one-year period with a possible extension…
UK and Norwegian regulators are set to remove restrictions preventing operators from using two types of Super Puma helicopter than have been banned since a fatal accident in April in Norway. The UK's Civil Aviation Authority says the move follows extensive investigation…
Keppel FELS and Borr Drilling have agreed on construction contracts for the five jackup rigs currently being built by Keppel for Transocean, following this week’s earlier announcement of Transocean’s jackup fleet sale to Borr. Image from Transocean…
Lamprell has completed construction on the final jackup drilling rig in a series of nine, the Al Lulu, and delivered it to Abu Dhabi’s National Drilling Company (NDC), within budget and on schedules. The contract for the NDC Al Lulu rig was awarded in April 2015…
Shelf Drilling, Ltd. has taken delivery of its second newbuild jackup rig – Shelf Drilling Krathong (SDK) – from Lamprell. The rig was delivered within budget and on-time. It is scheduled to depart for Thailand by 20 April 2017 where it commences operations for Chevron Thailand…
A Norwegian newcomer with ties to Seadrill, Borr Drilling, is set to acquire Transocean’s entire jackup fleet, including newbuilds, in a US$1.35 billion deal. The Constellation II jackup. Image from Transocean…
GustoMSC has unveiled its latest jackup design for the NG-5500X-LD self-propelled jackup, the NG series. Illustration of the NG-5500X-LD self-propelled jackup, from GustoMSC. Based…
In recent years, the speed with which newbuild vessels have entered the market has amplified the subsea vessel demand/supply imbalance. This has been further exacerbated by sustained low oil prices, as operators defer the sanctioning…
Eni has finalized a farm-in agreement with Total to acquire 50% stake in the French company’s Block 11, offshore Cyprus. Map of Block 11, from Total. “With this transaction Eni further reinforces its own position in the country…
Marathon Oil has appointed Dane Whitehead executive vice president and chief financial officer, with an anticipated effective date of 6 March. Whitehead, 55, has most recently served as executive vice president and CFO of both EP Energy Corp…
Rig builder and engineering firm Lamprell has delivered jackup drilling rig Al Hudairiyat for Abu Dhabi’s National Drilling Co. (NDC), within budget and on schedule. The rig is the eighth of an order or nine jackup rigs for NDC and the…
BP has completed the US$375 million deal to buy a 10% interest in the Shorouk concession offshore Egypt, containing the super-giant Zohr gas field. Eni CEO Claudio Descalzi, Bob Dudley, CEO of BP, and the Egyptian Minister of Petroleum…
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