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…
Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine…
Offshore drilling company Borr Drilling has reached agreements with Keppel and its creditors to defer newbuild rig deliveries, and to defer certain interest payments, respectively, in a move which Borr says will improve its liquidity.Singapore…
A slew of reports so far this year suggest a confluence of the right factors for a strong, sustained surge in contracting activity — especially in drilling — seems to be developing, at least in Europe.Several indicators were in January pointing to key some snowballing of new activity…
Byron Energy is set to begin drilling at its SM71 F4 well in the Gulf of Mexico, following a recent delay caused by bad weather.Byron said Tuesday that the Enterprise Offshore Drilling 264 jack-up rig arrived on location to drill the SM71 F4 well from Byron's F Platform…
Byron Energy will put off a planned drilling operation in the Gulf of Mexico, as bad weather has hampered the rig move.Providing an update on its planned South Marsh Island F4 well, Byron said Tuesday it had been advised by the drilling contractor…
Maersk Drilling informs it has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago.The contract has an estimated duration of 322 days and is expected to commence in July 2020…
Maersk Drilling has entered a contract with Shell subsidiary BG International, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Maersk Developer.The contract has an estimated duration of 171…
After a period of dormancy, drilling activity and rig utilization is up. Yet despite an increase in demand for rigs, there is still an oversupply. Few long-term fixtures, gaps in schedules and rigs moving between different regulatory regimes create new rig intake challenges…
Talos Energy, the oil and gas company focused on offshore exploration and production, participated in five drilling projects in the second quarter with a capital program front-loaded in the first half of 2019.Talos Energy also said that it…
Services firm Archer announced on Monday it has been awarded a contract with integrated oil and gas company OMV for the provision of drilling services using the modular drilling rig (MDR) Archer Emerald, including associated services, materials…
As market leaders in well project management and engineering, we provide comprehensive well project management services and well engineering expertise, both on and offshore.Our expert staff along with our global network allow us to deliver the support you need anywhere in the world…
Norway's Aker Solutions ASA raised its 2019 revenue outlook on expected higher spending on the offshore oil services and reported better than expected first-quarter profits, lifting its shares on Tuesday.The upbeat sentiment on oilfield spending…
An industry-first partnership aims to enable better, more reliable connectivity on board offshore drilling rigs, marking a key step for the implementation of new and expanded digital services.Oceaneering International and Pacific Drilling announced…
MHWirth, a company owned by Akastor, has signed a contract with Keppel FELS for delivery of one drilling equipment package for a new mid-water semi-submersible drilling rig. This is the first out of three options that were given when Keppel…