Offshore Rigs News


Prosafe Says Places Best Bid for Offshore Accommodation Contract with Petrobras

Oct 17, 2022

Prosafe, a company offering offshore accommodation services for oil and gas clients, said Saturday it had submitted the most competitive offer in a bidding process for a 650-day contract with the Brazilian oil and gas company Petrobras. The contract value is approximately USD 73 million…

Keppel, Borr Drilling Strike Deal on Delivery Schedule for Five Jack-up Rigs

Oct 12, 2022

Singapore's Keppel said on Wednesday that it had reached a deal with the offshore drilling company Borr Drilling over the delivery schedule for five jack-up rigs ordered previously by Borr Drilling.The rig builder had in 2020 and 2021 agreed…

ADNOC Drilling Buys Two Jack-up Rigs

Sep 26, 2022

ADNOC Drilling announced it has signed an agreement to acquire an additional two offshore jack-up drilling unit for a combined cost of $140 million.The two new rigs will join the ADNOC Drilling fleet and commence operations by the end of 2022…

Transocean Lands 17 Well Deal in Norway

Sep 22, 2022

Austria's OMV and German operator Wintershall Dea have jointly contracted Transocean's Transocean Norge semisubmersible drilling rig for drilling 17 wells in Norway. The two firms also said they had entered into an exclusive partnership with…

Well-Safe Solutions Nets $30M North Sea P&A Deal with Neptune Energy

Sep 20, 2022

Oil and gas company Neptune Energy said Tuesday it had awarded a $30 million decommissioning contract to Well-Safe Solutions, for a campaign covering more than 20 wells located across eight Dutch and UK North Sea fields.'It is the first multi-region…

Aker BP Gets PSA Norway Nod to Use Maersk Jack-up Rig in North Sea

Sep 12, 2022

Norwegian oil and gas firm Aker BP has received a Petroleum Safety Authority Norway (PSA) consent to use the jack-up drilling rig Maersk Invincible for drilling activities on the Ivar Aasen field, offshore Norway. The consent includes plugging…

Aker BP Extends Deepsea Nordkapp Hire

Sep 09, 2022

Norwegian oil and gas company Aker BP has added two additional firm wells to its contract with Odjfell Drilling for use of the Deepsea Nordkapp semisubmersible drilling rig. The extension has an estimated duration of approximately six months…

Rystad: Global Exploration Falters

Sep 08, 2022

Global oil and gas exploration is set to falter this year as the number of licensed blocks and total acreage fall to near all-time lows as the sector struggles to shake off the effects of the Covid-19 pandemic and the ensuing oil market crash…

BW Energy's Freshly Converted Jack-up En Route to Gabon

Aug 23, 2022

Oslo-listed oil and gas company BW Energy said Tuesday that its BW MaBoMo offshore production facility had sailed away towards Gabon.The production facility, converted from the Hibiscus Alpha jack-up drilling rig, is currently onboard a heavy…

Sapura Energy Sells Three Offshore Rigs for Scrap

Aug 22, 2022

Malaysian company Sapura Energy has agreed to sell three tender-assisted drilling rigs to NKD Maritime Limited for an aggregate cash consideration of $8,2 million.'The disposal of the rigs was carried out by way of tender exercise. Based on an informal market survey…

Tullow Oil Abandons Guyana Well After Dismal Drilling Results

Aug 05, 2022

Tullow Oil said on Friday it would abandon drilling operations at Beebei-Potaro exploration well in offshore Guyana after results showed the well bore water.The group, which holds 37.5% of the Kanuku block where the well lies, said it would…

Borr Drilling Announces Jack-up LOI

Aug 04, 2022

Offshore drilling contractor Borr Drilling on Thursday announced it has received a binding letter of intent (LOI) for one of its jack-up drilling rigs from an undisclosed operator in West Africa.Under the deal, Borr's Prospector 5 will drill…

Shelf Drilling Lands ONGC Work

Jul 29, 2022

Dubai based jackup operator Shelf Drilling has been awarded a three-year contract for with India's Oil and Natural Gas Corporation for work on the Mumbai High. The contract is for the C.E. Thornton jack-up rig, with planned start-up of operations is Q2 2023…

Keppel Posts 66% Jump in First-half Profit

Jul 28, 2022

Singaporean conglomerate Keppel Corp on Thursday reported a first-half profit that rose 66%, helped by higher earnings across most of its main businesses and a rebound at its offshore & marine (O&M) unit.Keppel, which traces its roots to a small ship repair yard corporatized in 1968…

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