Offshore Drilling News

 

Energy Crisis Drives Demand for Offshore Drilling Rigs. 'Greener' Rigs Get Better Dayrates, Westwood Says

Nov 16, 2022

Oil and gas exploration is likely to continue to have an important role in the decades to come, a view reinforced by the 2022 energy crisis and growing energy security needs, according to energy intelligence group Westwood.In the offshore drilling space, Westwood says that the year 2022 has seen a continued increase in jackup, semisubmersible, and drillship demand, utilisation, and dayrates, all of which have reached highs not seen since 2014…

Saipem Wins Offshore Drilling Contracts Worth $800M

Nov 15, 2022

Italian energy industry services firm Saipem said Wednesday it had secured new offshore drilling contracts, three in the Middle East and two in West Africa, worth around $800 million in total.  In the Middle East, two new contracts have been awarded for two high-specification jack-up drilling units…

Dolphin Drilling Can Take Part in Petrobras' Offshore Drilling Rig Tenders

Nov 02, 2022

Offshore drilling company Dolphin Drilling said Wednesday it had been re-approved as an official rig supplier and would be invited to take part in Petrobras upcoming rig tenders.Bjørnar Iversen, CEO of Dolphin Drilling said: 'We are pleased with our re-approvement…

UK: Offshore Drilling Crews Call Off Strike, Accept 10% Pay Increase

Oct 26, 2022

More than 450 offshore drilling and drilling maintenance workers covered by the United Kingdom Drilling Contractors Association (UKDCA) have accepted an improved offer of 10% on their rates of pay back dated to June 1, 2022, Unite the union said Wednesday…

COSL Bags $1,92B Worth of Offshore Drilling Service Deals in Middle East

Oct 25, 2022

Chinese offshore drilling contractor China Oilfield Services Limited (COSL) said Monday it had recently signed several long-term drilling rig service contracts in the Middle East. The contracts are worth around RMB14 billion (~$1,92 billion) in total…

Offshore Drillers Noble Corporation and Maersk Drilling Complete Merger

Oct 03, 2022

Offshore drilling companies Noble Corporation and Maersk Drilling have completed their merger.The transaction concluded through the completion of Noble’s recommended voluntary public share exchange offer to the shareholders of Maersk Drilling…

Brazil: Shell Books Maersk Drilling Semi-sub

Sep 30, 2022

Danish offshore drilling firm Maersk Drilling has secured a contract with Shell Brasil for the semi-submersible rig Mærsk Developer in the Campos basin offshore Brazil.The offshore drilling rig will drill one exploration well and perform subsea well interventions at the BC-10 field…

Inpex Books Ocean Apex Rig for Drilling Offshore Australia

Sep 01, 2022

Offshore drilling company Diamond Offshore Drilling has secured a contract for its Ocean Apex rig with Inpex in Australia. Inpex, based in Japan, will use the rig on the Northwest Shelf of Australia. The new contract covers two wells and is…

Aquadrill Nets Further Work for Vela Drillship in U.S. GoM

Sep 01, 2022

Offshore drilling firm Aquadrill has extended a charter hire agreement with Diamond Offshore Drilling to provide its Vela drillship for operations in the U.S. Gulf of Mexico for a drilling contract with a minimum duration of 225 days.Aquadrill…

Saipem Expands Offshore Drilling Fleet with New Jack-up Rig

Jul 11, 2022

Italian energy industry services provider Saipem has expanded its offshore drilling fleet with a new jack-up drilling rig - the Perro Negro 11.Ocean Challenger, the asset management company of the Chinese rig builder CIMC, in June entered into a bareboat charter contract with Saipem…

Valaris Bags $466M in Rig Deals. CEO Sees 'Constructive Outlook' for Offshore Drilling Industry

Jul 06, 2022

Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…

PSW Technology to Provide Maintenance Services for Odfjell Drilling's Rig Equipment

Jun 28, 2022

Scana-owned PSW Technology has signed a one-year extension of its frame agreement with the Norwegian offshore drilling contractor Odfjell Drilling.The frame-agreement is for maintenance and recertification of marine riser and subsea equipment for all of Odfjell Drilling's offshore drilling rigs…

Petronas Books JDC Semi-sub for Up to Ten Wells Offshore Sarawak

May 06, 2022

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC)  has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…

Transocean Nets $87,2M in Offshore Drilling Contracts

Apr 26, 2022

Offshore drilling contractor Transocean said Monday it had recently secured offshore drilling contracts worth $87.2 million in total.In its quarterly fleet status report, the company said it had won contracts for Development Driller III, Discoverer Inspiration…

Maersk Drilling, Noble Corp. Merger Raises Competition Concerns in UK

Apr 22, 2022

The proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling has raised competition concerns in the UK as the UK Competition and Markets Authority (CMA) has found that the merger could increase operating costs for oil and gas producers in the UK North Sea…

Current News

Well Operations: Halliburton In 'Industry's First' Offshore Brazil

Well Operations: Halliburton In 'Industry's First' Offshore Brazil

Gasunie to Oversee Build of Dutch North Sea Hydrogen Network

Gasunie to Oversee Build of Dutch North Sea Hydrogen Network

Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed

Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Philippines Must Find Way to Exploit South China Sea Resources, says President Marcos

Subscribe for OE Digital E‑News

Offshore Engineer Magazine