Offshore Rigs News

Elon Musk's Firm Buys Two Offshore Rigs to Serve as Launchpads for SpaceX Rockets

Jan 20, 2021

Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year…

The 2020 Offshore Rig Market - A Year in Review

Jan 18, 2021

Just how bad was it?The year 2020 has to be one of the toughest and most challenging for the offshore rig market. After starting on a high with the knowledge that the previous oil price crash was now well and truly in the past, demand, dayrates…

Equinor Adds One More Well to Deepsea Atlantic Rig Term

Jan 18, 2021

Norwegian energy company Equinor has exercised an option to add one more well to the contract it has with Odfjell Drilling for the use of Deepsea Atlantic semi-submersible drilling rig.The news comes exactly a month after it was announced that Equinor had added two wells to the contract…

Petronas Hires Pacific Khamsin Drillship for Drilling Project in Mexico

Jan 18, 2021

Malaysian oil and gas company Petronas has chartered Pacific Drilling's drillship Pacific Khamsin for an offshore drilling project in Mexico.Pacific Khamsin is currently located in the U.S. Gulf of Mexico region, where it in November completed a well for the French oil major Total…

Drilling Deals Confirmed for Two Maersk Rigs in Suriname

Jan 18, 2021

Following a conditional letter of the award signed with the French oil giant Total last November for the supply of two offshore drilling rigs in Suriname, Danish offshore drilling firm Maersk Drilling said Monday Total has firmed up the contracts…

ADNOC Cuts Short Two Shelf Drilling Rig Contracts

Jan 18, 2021

UAE-based firm ADNOC Drilling has decided on the early termination of two jack-up rig contracts with drilling contractor Shelf Drilling.Shelf Drilling, a company with one of the largest jack-up rig fleets in the world, said Monday that the customer…

Lamprell to Split Three Ways. Puts Greater Focus on Renewables, Digital

Jan 15, 2021

Lamprell, a company traditionally known as oil and gas rig builder, has this week announced a reorganization of its business aimed at increasing focus on renewables and the energy transition. Based in the UAE, the company has in recent years increased its uptake of renewables sector orders…

Dana Petroleum Terminates Maersk Drilling Rig Deal

Jan 15, 2021

Oil company Dana Petroleum has terminated a contract for the use of a Maersk Drilling rig in Denmark.The one-well contract was initially expected to start in May 2020.However, the two companies then in October 2020 said the contract start-up for the yet to be nominated rig would be deferred…

IDS to Deliver Reporting & Monitoring Service for Stena Drilling's Rigs

Jan 13, 2021

Offshore drilling contractor Stena Drilling has awarded a 'six-figure' fleet-wide deal to cloud reporting and analytics firm Independent Data Services, which will deploy solutions for near-real time rig and fleet-wide performance benchmarks…

Spirit Energy Books Maersk Jack-Up Rig for North Sea Well

Jan 13, 2021

Oil and gas company Spirit Energy has hired Maersk Drilling's jack-up rig Maersk Resolve to drill one development well in the UK North Sea. The well will be drilled at the Grove North East area. Spirit Energy, a subsidiary of Centrica, said that…

Petrobras Hires Ocyan's Norbe VIII Drillship

Jan 11, 2021

Brazilian oil and gas giant Petrobras has on behalf of the Libra consortium, hired Ocyan's deepwater drillship Norbe VIII to drill at the Mero field, off Brazil.The contract is for a period of 425 days and is expected to start in July 2021,…

Vår Energi, Equinor Hire Floatel's Offshore Accommodation Rigs

Jan 11, 2021

Offshore accommodation company Floatel International said Sunday it had won three contracts in Norway. The company, which owns a fleet of semi-submersible flotels, said the contracts were with Vår Energi and Equinor.With Vår Energi, the contract is expected to start in June 2021…

ADES CFO to Step Down

Jan 08, 2021

Oil and gas drilling contractor ADES has informed that its CFO Khaled Hassan has decided to resign to pursue other interests.'Mr. Hassan has decided to step down from his position to pursue a greater role outside of the Group. To ensure an orderly transition…

MENA NOC Charters Gulf Marine Services' Jack-Up Unit

Jan 08, 2021

Gulf Marine Services, a UAE-based provider of offshore jack-up support vessels, has secured a long-term contract for its GMS Evolution jack-up. 'Winning this contract follows the successful trial of the vessel's Cantilever Workover System, with…

Current News

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