Global energy technology company SLB has secured a series of major drilling contracts by Shell to support capital-efficient energy development across its deep and ultra-deepwater assets in the U.K. North Sea, Trinidad and Tobago, Gulf of Mexico and others.The projects, which will be delivered over a three-year timeframe, will combine SLB’s AI-enabled digital drilling capabilities with its expertise in ultra-deepwater environments…
India-based oil company Reliance Industries Limited has exercised an option under the previously agreed firm contract with Transocean for its Dhirubhai Deepwater KG1 drillship.Offshore drilling contractor Transocean informed that a four-well…
Offshore drilling contractor Transocean has secured a one-year contract for the Deepwater Conqueror drillship with an undisclosed operator in the U.S. Gulf of Mexico.The contract is expected to start in October 2025 and contribute approximately $193 million in backlog…
Esgian provides an update on new contract awards for Greatship, Transocean, Noble and Stena Drilling in its Week 36 Rig Analytics Market Roundup.Report SummaryContractsGreatship has secured a contract with Cairn for its 350-ft Greatdrill Chetna jackup drilling rig in India…
Offshore drilling contractor Transocean has secured a $123 million contract with Reliance Industries for Dhirubhai Deepwater KG1 ultra-deepwater drillship.Transocean and Reliance Industries signed a binding letter of award for the Dhirubhai Deepwater KG1 for six wells offshore India…
Offshore drilling contractor Transocean has secured a $531 million contract with BP for its ultra-deepwater drillship Deepwater Invictus.Under the 1,095-day contract, the Deepwater Invictus will be deployed in the U.S. Gulf of Mexico.The program is expected to being in the first quarter of 2025…
Offshore drilling contractor Transocean has secured another contract extension for its Deepwater Asgard drillship with Hess Corporation for work in the U.S. Gulf of Mexico.The $188 million contract extension is for one full year, Transocean said…
DNV has released its latest standard, DNV-ST-F207 for hybrid thermoplastic composite flexible pipes (TCPs), which facilitates the integration of innovative technologies like carbon fiber armor into flexible riser designs to enhance efficiency and reliability for deepwater projects…
As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U…
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar…
Deepwater drilling contractor Transocean shared Thursday its quarterly offshore rig fleet status report, in which it said it had secured $745 million worth of drilling contracts.During the period, the company secured contracts for three drillships: Dhirubhai Deepwater KG1…
A BP Plc and Shell Plc consortium has reached an agreement with Trinidad and Tobago to explore three deepwater blocks for hydrocarbon production in the Caribbean country, Minister of Energy Stuart Young said on Thursday. The deal would help…
Offshore drilling contractor Transocean announced it has been awarded a $222 million contract for one of its ultra-deepwater drillships to go to work offshore India.India's state-controlled Oil and Natural Gas Corporation Ltd awarded the binding…
Offshore drilling contractor Transocean said Wednesday that the world’s first subsea 20,000 psi blowout preventer (BOP) had been successfully deployed from its Deepwater Titan drillship.The 20K BOP stack, supplied by NOV, is designed for use…
Offshore drilling contractor Transocean has secured a 1,080-day contract for one of its high-specification seventh-generation, ultra-deepwater drillships in the Gulf of Mexico, offshore Mexico. The contract will contribute approximately $518 million in backlog…
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