Drilling equipment maker MHWirth has received a notice from Singapore's Keppel FELS to resume work under the order Keppel had suspended in December 2020.As reported back in December, Keppel had sent a notice to MHWirth to suspend work under the order for a drilling rig package signed in 2019…
Offshore drilling contractor Awilco Drilling has secured a contract for its WilPhoenix semi-submersible drilling rig.The company said Monday that it had signed a contract with Ithaca Oil and Gas Limited, which will use the WilPhoenix for a single exploration well at Fotla in Block 22/1b…
Integrated Wind Solutions, a newly formed offshore wind service company owned by Norway's Awilhelmsen investment group, is eyeing a private placement of new shares in the company in connection with a listing on Euronext Growth Oslo, aiming to raise up to $89 million…
Norwegian-based Awind said it has ordered a pair of hybrid-electric commissioning, service and operations vessels (CSOV) from China Merchants Industry in Hong Kong, with options for up to four additional vessels.Awind, a subsidiary of Awilco affiliate Integrated Wind Solutions AS (IWS)…
Jens Berge, Chief Executive Officer of the troubled offshore drilling contractor Awilco Drilling has resigned from the company 'to pursue other opportunities.'In an announcement released Sunday evening (CET), Oslo-listed Awilco Drilling, which…
Brazilian oil company Petrobras has divested its stake in offshore drilling company Sete Brasil.The company on Wednesday transferred today to companies of Sete Brasil Group, for the symbolic total amount of 7 euros, the equity interest of 15%…
Offshore driller Awilco Drilling said Monday it had terminated its offshore rig construction order with Singapore's Keppel, citing breach of contract and seeking a refund. The termination comes after Keppel itself terminated the same contract…
Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…
Drilling solutions provider MHWirth has secured an order to deliver a drilling equipment package for a Chinese drillship.The company, part of Norway's Akastor, will deliver drilling equipment for China's Guangzhou Marine Geological Survey (GMGS)…
Awilco Drilling said Tuesday its WilPhoenix offshore drilling rig - on contract with Serica in the North Sea - had incurred technical downtime in November, and is currently on a zero day rate.'The WilPhoenix incurred technical downtime on Monday…
Singapore-based offshore drilling rig builder Keppel has sent a notice to MHWirth to suspend work under the order for a drilling rig package signed in 2019.The order was for MHWirth to deliver the drilling equipment package project for the second…
Singapore-based offshore drilling rig builder Keppel has terminated a construction contract with Awilco Drilling for the Nordic Spring semi-submersible drilling rig and served Awilco with a notice of arbitration.Awilco, a UK North Sea focused driller…
Offshore drilling contractor Borr Drilling has agreed to sell its 2003-built cold stacked jack-up drilling rig 'Atla' to an unnamed independent operator.'The completion of the sale is expected in the fourth quarter 2020. Together with the previously…
The UK-based offshore drilling company Awilco Drilling on Monday said it would launch a 'wide range of cost-cutting measures,' citing a newbuild rig contract termination and delay in construction and start-up of another rig.'Awilco Drilling…
Australian oil and gas operator Woodside has signed a contract with Norway's drilling equipment firm Enhanced Drilling to equip its Senegal-bound drillships with EC-Drill controlled mud level system.In Senegal, Woodside is working to bring online Senegal's first offshore oil development Sangomar…
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