Aro Drilling News

 

ConocoPhillips Books Semi-submersible Drilling Rig For Norwegian Sea Project

May 31, 2023

Norwegian offshore drilling company Odfjell Drilling has secured a contract with ConocoPhillips for the Deepsea Yantai semi-submersible drilling rig.The contract, which Odfjell Drilling agreed on behalf of the rig owner CIMC Raffles, includes the drilling of one firm well…

Reducing Carbon Footprint: Odfjell Drilling's Offshore Rig Successfully Tests Biofuel Operation

May 25, 2023

Norwegian offshore drilling firm Odfjell Drilling said via social media Thursday that it has, with oil firm Equinor, recently completed a pilot project operating an offshore drilling rig on renewable biofuel. According to the company, during the pilot…

Hegazi Becomes CEO of ARO Drilling

May 02, 2023

Offshore drilling contractor ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has appointed Mohamed Hegazi as Chief Executive Officer.Hegazi previously served as Chief Executive Officer of TGT Diagnostics, a provider of…

Valaris Adds $275M Worth of Offshore Drilling Contracts to Backlog

Dec 16, 2022

Offshore drilling firm Valaris Limited said Thursday it had secured $275 million worth of drilling rig contracts since its most recent fleet status report was issued on October 31, 2022. Valaris won contracts and contract extensions for one drillship and six jack-up rigs…

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…

Sembcorp Marine, Borr Drilling Agree on Rig Payment Delay

Oct 10, 2022

Sembcorp Marine's subsidiary, PPL Shipyard has reached definitive agreements with offshore drilling company Borr Drilling to defer its receivables from Borr Drilling from 2023 to 2025.The definitve agreements follow agreements in principle announced previously…

Lamprell, IMI Load Out Second Newbuild Jack-up Rig

Oct 05, 2022

Offshore energy engineering and construction services firm Lamprell and International Maritime Industries (IMI) on Tuesday announced the completion of the load-out and float-off of the second jackup drilling unit being constructed for IMI.The…

Valaris Receives $40 Million from ARO Drilling

Sep 06, 2022

Offshore drilling contractor Valaris announced on Tuesday that it has received a payment of $40 million from its joint venture with Saudi Aramco, ARO Drilling, representing a partial early repayment of its shareholder notes receivable.Following this payment…

ADNOC Drilling Buys Another Jack-up Rig, Expanding Fleet to 28 Units

Aug 25, 2022

Abu Dhabi-based ADNOC Drilling said Wednesday it had agreed to acquire a premium offshore jack-up drilling rig.The company said it had signed a sale and purchase agreement (“SPA”) with an unnamed counterpart to acquire an additional premium offshore jack-up drilling unit for $70 million…

Noble Corp. Finds Buyer for Five North Sea Rigs, Paving Way for Maersk Drilling Merger Completion

Jun 23, 2022

Noble Corporation has found a buyer for five jack-up rigs in a move that could alleviate concerns raised by the UK Competition and Markets Authority.Namely, the CMA said in April it had found that Noble Corp. and Maersk Drilling merger - first…

First Jack-up Rig Built for IMI Loaded Out

May 17, 2022

International Maritime Industries (IMI), which describes itself as the largest shipyard in the MENA region, and offshore construction firm Lamprell on Tuesday announced the successful completion of the load-out and float-off of the first jackup drilling unit being constructed for IMI…

INPEX Starts Drilling Operation Offshore Japan

May 06, 2022

Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…

Valaris Secures Offshore Drilling Deals Worth $181M

Apr 07, 2022

Offshore drilling contractor Valaris on Wednesday announced multiple contracts and contracts extensions worth $181 million in total for its offshore drilling rigs. The contracts were awarded after Valaris last issued its fleet status report on February 21…

Valaris Announces Jackup Contracts with ARO Drilling

Jan 04, 2022

Offshore drilling contractor Valaris announced on Monday that it has been awarded new bareboat charter agreements with ARO Drilling for several jackups. ARO Drilling, a joint venture between Valaris and Saudi Aramco, has signed contracts with…

Odfjell Drilling Takes Over Management of Northern Ocean's Rigs from Seadrill

Dec 24, 2021

Northern Ocean, the billionaire John Fredriksen-owned harsh-environment offshore rig owner, has signed contracts with the Norwegian offshore contractor Odfjell Drilling.Odfjell Drilling will provide Northern Ocean's rig fleet with marketing and management services…

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