Drillships News

 

Valaris to Reactivate Drillship for $364M West Africa Contract

Jul 31, 2023

Offshore drilling firm Valaris said Monday it had secured a 12-well contract offshore West Africa for drillship VALARIS DS-7. Valaris will reactivate the drillship for this contract. The contract, with an undisclosed client, is expected to start in the second quarter of 2024 and has an estimated duration of 850 days. The total contract value is estimated to be $364 million. The contract requires minimal…

Noble Corp. Wins $49M Drillship Contract Extension in Malaysia

Jul 11, 2023

Offshore drilling firm Noble Corporation said Tuesday that Shell's Malaysian subsidiaries Sarawak Shell Berhad and Sabah Shell Petroleum Co Ltd (SSB/SSPC) had exercised three one-well options on the current Noble Viking drillship contract in Malaysia…

Noble Secures $500M Deal with Petrobras for Ultra-Deepwater Drillship

May 15, 2023

Offshore drilling contractor Noble Corporation has secured a $500 million contract with Brazil's Petrobras for the ultra-deepwater drillship Noble Faye Kozack.The contract for the drilling at the BM-S-11 and Tupi fields offshore Brazil, has a firm duration of 2…

Valaris Bags Three Offshore Drilling Contracts Including $500M Deal for Stacked Drillship

Mar 06, 2023

Offshore drilling contractor Valaris said Monday it had secured contracts for two drillships and one jack-up rig.  One of the drillships in question is the Valaris DS-8,  which secured a three-year, $500 million contract with Petrobras in Brazil…

Saipem Scores $400M Contract for Freshly Chartered 7th Gen. Deepwater Drillship

Mar 01, 2023

Italian oilfield services company Saipem said Wednesday it had secured a $400 million contract for the Deep Value Driller drillship in the Ivory Coast with the joint venture between Eni Côte d'Ivoire Ltd. and Petroci. The contract length was not disclosed…

Saipem Charters 7th Gen. Deepwater Drillship "Deep Value Driller"

Feb 24, 2023

Italian oilfield services group Saipem has agreed to charter a 7th generation deepwater drillship owned by the Oslo-listed Deep Value Driller AS.The drillship, also named Deep Value Driller, will start its contract upon reactivation works, which are expected to be completed in the summer of 2023…

Transocean's Backlog Boosted by $392M Ultra-deepwater Drillship Deal

Feb 01, 2023

Offshore drilling contractor Transocean said Tuesday it had secured a long-term deal for one of its ultra-deepwater drillships.The contract, awarded by 'a national oil company' for work offshore Brazil, is for the ultra-deepwater drillship, Dhirubhai Deepwater KG2…

Eni, Chevron Strike Gas In Egyptian East Med

Jan 15, 2023

Italian energy group Eni and U.S. energy major Chevron said on Sunday they had made a new gas discovery in an Egyptian offshore field in the Eastern Mediterranean sea.The Nargis-1 well is part of Egypt's 1,800-sq. km Nargis Offshore Area concession operated by Chevron…

Transocean Looking to Raise $500M via Senior Secured Notes Offering

Jan 09, 2023

Offshore drilling company Transocean is looking to raise $500 million through a private offering of senior secured notes due in 2028. The offshore drilling contractor said Monday that its subsidiary, Transocean Titan Financing Limited (“Transocean Titan”)…

Sembcorp Delivers 8th-generation Drillship Deepwater Titan to Transocean

Dec 29, 2022

Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…

Transocean to Buy Newbuild Ultra-Deepwater Drillship from DSME Ordered by Seadrill in 2013

Nov 18, 2022

Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures.Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co…

Valaris Secures Rig Contract Extensions Worth $95M

Oct 04, 2022

Offshore drilling company Valaris has secured new contracts and contract extensions worth $95 million in total.The contracts were awarded subsequent to the issuing of Valaris' most recent contract awards and fleet status update on September 1…

CNOOC Hires Stena Drillship for Two Gabon Offshore Wells

Sep 16, 2022

Offshore drilling firm Stena Drilling has secured a drilling contract with China's CNOOC for its drillship Stena IceMax in Gabon.The contract is with CNOOC's subsidiary CNOOC Africa Holding Ltd. (CNOOC).According to Stena Drilling, the two-well program is scheduled for Q1 2023…

Shell Extends Maersk Drillship Stay in Mexico

Sep 08, 2022

Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract…

Transocean Awarded Two Contracts for Deepwater Asgard

Sep 07, 2022

Offshore drilling contractor Transocean on Tuesday announced it has secured two drilling contracts for its ultra-deepwater drillship Deepwater Asgard in the U.S. Gulf of Mexico.The two awards, which come from separate operators and are worth about $181 million combined…

Current News

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

IWS Fleet Strikes Deal to Put Off Yard Payments for Offshore Wind Service Vessels

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

US Plans Sharp Reduction in Offshore Oil and Gas Lease Sales

Global Underwater Hub Hosts Royal Visit from King Charles

Global Underwater Hub Hosts Royal Visit from King Charles

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Baker Hughes Lands Two Contracts with Vår Energi for Norwegian Offshore Work

Subscribe for OE Digital E‑News

Offshore Engineer Magazine