Offshore Drilling News


Borr Drilling Deploys IFS Applications

Dec 20, 2018

The global enterprise applications company IFS announced that international offshore drilling contractor Borr Drilling has deployed IFS Applications to improve operations and optimize its IT landscape.The enterprise software company said in…

US Government Sued Over Atlantic Seismic Testing

Dec 11, 2018

Environmental groups opposed to offshore drilling sued the federal government on Tuesday to prevent future seismic tests for oil and gas deposits in Atlantic waters off the U.S. East Coast.Seismic testing, which uses air gun blasts, violates federal laws that protect marine mammals…

ADNOC Contracts Shelf Drilling

Dec 06, 2018

Dubai-headquartered offshore drilling contractor Shelf Drilling has bagged a three-year contract award for the Compact Driller jack-up rig with ADNOC Drilling, a division of Abu Dhabi National Oil Company (ADNOC)The contract is awarded for operations in the Arabian Gulf…

Transocean Shareholders OK Ocean Rig Acquisition

Nov 29, 2018

Transocean, international provider of offshore contract drilling services for oil and gas wells, has announced that its shareholders approved the acquisition of Ocean Rig UDW, by approving the proposals presented at Transocean’s Extraordinary General Meeting…

Rowan Sells Two Jack-up Rigs to ARO Drilling

Oct 10, 2018

Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilling.The net economic impact of this transaction…

Kongsberg, Stress Engineering form offshore alliance

Apr 28, 2017

Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services have formed a strategic alliance to better serve…

Saudi Aramco, Rowan create new rig firm

Nov 21, 2016

US offshore drilling contractor Rowan Companies and Saudi Aramco have signed a deal to create a new offshore rig outfit. The new organization will be a 50/50 joint venture (JV) which will own, operate, and manage offshore drilling rigs in Saudi Arabia…

GSP secures Tunisian drilling contract

Jul 06, 2016

Grup Servicii Petroliere (GSP) has been awarded an offshore drilling contract in Tunisia by Numhyd. Drilling operations will be carried out with the GSP Jupiter, a cantilever type mobile offshore drilling unit (MODU). The rig is currently under preparation for the contract in Limassol…

Diamond, Trelleborg in joint riser development pact

Jun 13, 2016

Diamond Offshore Drilling and Trelleborg's offshore operation have announced a joint development agreement to develop, manufacture and market Helical Buoyancy riser technology developed by Diamond Offshore. According to Diamond, its patented…

KCA Deutag sells last mobile offshore unit

Jun 09, 2016

Drilling and engineering contractor KCA Deutag has sold its jackup drilling unit, the Ben Rinnes, to an integrated energy and services company for an undisclosed sum.    Built in Clydebank, Scotland, in 1973 and acquired by KCA Deutag in 2005…

OTC introduces new regulatory compliance trainings

Jun 01, 2016

Offshore Technical Compliance (OTC) has introduced two new IADC-accredited regulatory compliance training programs: an offshore drilling and a marine regulatory compliance training. OTC’s Offshore Drilling Regulatory Compliance Training is a five-day…

Blackstone forms Clarion Offshore Partners

Feb 12, 2016

Blackstone and former senior executives of Pride International have partnered to form Clarion Offshore Partners, a platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial commitment from private equity funds managed by Blackstone…

BHI international rig count for August 2014

Sep 09, 2014

Baker Hughes issued the August 2014 international rotary drilling rig count, showing a total of 1339 rigs operating worldwide in August 2014, outside of the US & Canada. The results show a decrease of 43 from the 1382 counted in July 2014…

Global offshore drilling to grow 10.9% annually, next 5 years

Jul 31, 2014

Research and Markets analysts forecast that the global offshore drilling market will grow at a compound annual rate of 10.9% (CAGR) over the period 2013-2018. One of the key factors contributing to this market growth is the increase in…

Transocean to spin off North Sea units

May 06, 2014

Transocean is to create a new business unit called Caledonia Offshore Drilling Company to run its eight-strong North Sea midwater drilling rig fleet. The company expects to establish the new business unit during 2H 2014 and, at an appropriate stage…

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Aker BP Takes Over Lundin Energy's Oil and Gas Business

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Deirdre Michie to Step Down as Offshore Energies UK CEO

Deirdre Michie to Step Down as Offshore Energies UK CEO

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