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Thursday, 22 February 2018 16:48

Borr Drilling Buys Paragon Offshore

Offshore rig firm Borr Drilling, controlled by Norwegian investor Tor Olav Troeim, is proposing to buy its rival Paragon Offshore…
Friday, 27 April 2018 13:14

US Oil Rig Count Continues Climb

© FerrezFrames / Adobe Stock The U.S. oil drilling rig count rose for the fourth week in a row and…
Published in OE Daily: 2018 / April
© FerrezFrames / Adobe Stock U.S. energy companies added oil rigs for a third week in a row as energy…
Published in OE Daily: 2018 / April
U.S. energy companies added oil rigs for a third week in a row even though crude prices have declined about…
Published in OE Daily: 2018 / June
Monday, 02 July 2018 16:15

Seadrill Exits Chapter 11

File Image: Credit Seadrill Offshore drilling rig contractor Seadrill said on Monday it had successfully completed its reorganisation, emerging from…
Published in OE Daily: 2018 / July
Friday, 12 January 2018 09:44

Spirit gets nod for Fogelberg drilling

Spirit Energy, the new name for what was Centrica's exploration and production business, has been given permission by Norway's Petroleum…
Wednesday, 10 January 2018 09:07

Northern Offshore sells jackups

Houston-based Northern Offshore has sold two jackup drilling rigs, which are to be turned into platform support units.  The Energy…
Monday, 08 January 2018 11:32

Rowan picks up Petrobras jackups

Rig operator Rowan Companies has purchased two LeTourneau Super 116E jackup rigs, the P-59 and P-60, which were both delivered…
Keppel Offshore & Marine subsidiary Keppel FELS has has delivered the first of five jackups to Borr Drilling.  The first…
Saipem's Scarabeo 9 semisubmersible is in the Black Sea, where it is drilling one well, the Maria-1 exploration well in…
Thursday, 28 December 2017 09:48

Jurong finds buyer for West Rigel

Jurong Shipyard, part of Sembcorp Marine, has signed an agreement to sell the semisubmersible rig West Rigel for US$500 million.  West…
Thursday, 21 December 2017 16:12

Transocean picks up 22-well Statoil gig

Statoil awarded Transocean a 22-well contract in the Norwegian North Sea for the harsh environment semisubmersible Transocean Spitsbergen with an estimated…
UPDATE: One Maersk Drilling worker is dead and another injured following in an incident on the Maersk Interceptor jackup drilling…
Tuesday, 14 November 2017 09:42

Northwest secures rig for Dorado-1 well

Australian operator Northwest has signed a contract with ENSCO for use of the ENSCO 10 jackup to drill the Dorado-1…
Monday, 09 October 2017 08:50

Borr buys Sembcorp subsidiary rigs

Borr Drilling has signed an agreement to acquire nine jackup rigs from Sembcorp Marine subsidiary PPL Shipyard, taking its fleet…
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2018-09-20 05:59:14am