Offshore Rigs News - page 5

 

Europe Leads Global Activity Surge

Feb 10, 2020

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…

RigNet's Comms Solutions for Northern Offshore Jack-Ups

Feb 10, 2020

RigNet, Offshore communications, and networking solutions provider has signed a long-term services agreement with offshore drilling contractor Northern Offshore.Under the deal, RigNet will provide several solutions including VSAT Managed Communications Services…

Diamond Offshore's 4Q Loss Narrows. Revenue Up

Feb 10, 2020

Offshore Drilling company Diamond Offshore posted a net loss of $74 million for the fourth quarter of 2019.The result is an improvement compared to a loss of $79 million in the fourth quarter of 2018, and also compared to the third quarter 2019 loss of $95 million…

Latin America, Africa Keep January Offshore Rig Count Up

Feb 07, 2020

There were 268 offshore drilling rigs active in the world in January 2020, oilfield services giant Baker Hughes said in its monthly rig count report released Friday.This is a slight increase compared to 266 offshore rigs actively exploring for oil and gas counted in January 2019…

Noble Corp. Offshore Rig Duo Gets More Drilling Time

Feb 07, 2020

Offshore drilling contractor Noble Corporation has secured more work for two of its drilling rigs in Myanmar and Trinidad.In a fleet status update shared Thursday, Noble said its semi-submersible drilling rig Noble Clyde Boudreaux had won a new contract in Myanmar…

Sembcorp Marine Discussing Sale Terms for Two Sete Rigs

Feb 06, 2020

Singapore's Sembcorp Marine is in talks to sell two drillships previously ordered by Brazil's Sete Group.Sete was established in the early 2010s as a drilling contractor that would lease rigs to Petrobras. Petrobras had committed to charter 28 offshore drilling rigs at the time…

Prosafe Expects Drop in 2020 Fleet Utilization and Day Rates

Feb 06, 2020

Offshore accommodation provider Prosafe has forecast a tougher year ahead, compared to 2019, expecting a drop in flotel rig fleet utilization and day rates falling.The company on Thursday reported a quarterly net loss of $13.3 million (compared to a loss of 35…

OSV Docks in Beirut Ahead of Lebanon's First Offshore Well Spud

Feb 05, 2020

The offshore platform supply vessel Lundstrom Tide has docked in the port of Beirut, ahead of the imminent start of the drilling of Lebanon's first offshore well.The vessel will support a drilling operation in the Total-operated Block 4, in the Mediterranean Sea…

OMV 'Accidentally' Cuts Drill Pipe Off New Zealand

Feb 05, 2020

Austrian oil and gas company OMV has reportedly accidentally cut its drill pipe during drilling rig tests offshore New Zealand.The local news website Otago Daily Times on Wednesday reported that the drill pipe cutting incident happened in January…

Tower Resources Begins Cameroon Survey Ahead of Drilling

Feb 04, 2020

London-listed Tower Resources has started the site survey at its Thali license offshore Cameroon, ahead of the planned drilling operation at the NJOM-3 well.Tower Resources said Tuesday that the Geoquip Marine geotechnical drillship vessel MV…

Ex-SembMarine Brazil Director Charged with Bribery, Money Laundering

Feb 03, 2020

Offshore rig builder Sembcorp Marine has said that its Brazil subsidiary Estaleiro Jurong Aracruz's former director has been charged for corruption and money laundering. A former Sembcorp Marine consultant has also been charged.SembcorpMarine…

Hokchi Charters Cantarell III Jack-Up Rig

Jan 31, 2020

Hokchi Energy, a subsidiary of Argentina's Pan American Energy, has chartered the recently delivered jack-up rig Cantarell III from Grupo R for operations offshore Mexico.As reported previously the Cantarell III jack-up drilling unit arrived…

Awilco Signs LoI for WilPhoenix Drilling Rig

Jan 30, 2020

Oslo-listed drilling company Awilco Drilling has signed a Letter of Intent with an unnamed operator for the provision of its WilPhoenix drilling rig.Awilco said Thursday that the contract would be in support of a three well Plug & Abandonment program…

UK Might Block Prosafe-Floatel Merger

Jan 30, 2020

The proposed merger between Prosafe and Floatel, two of the largest offshore accommodation providers, has hit a stumbling block in the UK after an in-depth review by the competition authority said the deal 'raises competition concerns.'The two…

Report: Borr Finds More Work for Mist Jack-Up Rig

Jan 29, 2020

Offshore drilling rig contractor Borr Drilling has reportedly secured more work for its Mist jack-up rig.According to Norwegian media, the Borr has secured an eight-month contract for the Keppel-built offshore drilling unit.Finansavisen recently reported that Svend Anton Maier…

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Oil Crash Puts Africa's Cash-Strapped Producers in Peril

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Cameroon: Tower Resources Declares Force Majeure

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Nigeria Tightens Offshore Rules as 6 OSV Workers Test Positive for Covid-19

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