Drillships News

 

Seadrill Contract Backlog Reaches $1.9bln

May 28, 2019

The deepwater drilling contractor Seadrill said that its contract backlog, as of May 23, 2019, totaled approximately $1.9 billion.The drilling services provider said it has added $130 million of additional backlog from March, including the AOD I award of a three year follow on contract with Saudi Aramco keeping the unit employed until June 2022, which adds approximately $82 million in backlog.In addition…

Turkey to Launch Second Cyprus Drill Ship

Jun 18, 2019

Turkey will launch a second drilling vessel on Thursday that will begin natural gas operations near Cyprus at the beginning of July, Turkish Energy Minister Fatih Donmez was quoted as saying on Tuesday.Turkey and the internationally recognized…

Stena Drillship Gains Cyber Secure Notation

Jun 04, 2019

Classification society DNV GL reports it has signed a contract for the first Cyber Secure class notation with Stena Drilling. The contract covers the application of the “Basic+” notation to the drillship Stena IceMAX and includes the vessel’s dynamic positioning…

Dana Gas Spuds Merak-1 Offshore Egypt

May 22, 2019

Dana Gas said it commenced drilling operations on Monday at its Merak-1 well, offshore Egypt in the hopes of finding world-class natural gas resources in a basin where several giant discoveries have been made in recent years.The location is in 755 meters of water in the North El Arish concession…

Northern Drilling Orders New Drillship at DSME

May 02, 2019

John Fredriksen's offshore drilling firm Northern Drilling has ordered another newbuild rig having exercised a previously held option for the Cobalt Explorer drillship to be delivered by Daewoo Shipbuilding & Marine Engineering (DSME) by the first quarter of 2021…

NPD Grants Aker BP a Drilling Permit

Apr 17, 2019

The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for well 25/11-29 S in production licence PL 916.The well will be drilled from the Deepsea Stavanger drilling facility in position 59°02'48.44'N and 02°26'21.80'E after…

Petrobras Sues Samsung Heavy Industries

Mar 27, 2019

Samsung Heavy Industries said on Wednesday that Petrobras America filed a lawsuit against the South Korean shipbuilder with a U.S. court, claiming 283 billion won ($249.32 million) in damages.Petrobras America claimed that it paid excessive charter fees for a drill ship built by Samsung Heavy…

Borr Drilling Gets Contracts in Mexico

Mar 18, 2019

Borr Drilling, one of the youngest drilling companies in the offshore industry, has secured offshore drilling contracts with oil company Petroleos Mexicanos (Pemex), which will see two new build jack-ups deployed in Mexico.Jack-up rig contractor…

Petrobras Contracts Two Transocean Drillships

Mar 11, 2019

Offshore drilling contractor Transocean announced Monday that two of its ultra-deepwater drillships have been contracted by Petrobras for work offshore Brazil.The two drillships, Ocean Rig Corcovado and Ocean Rig Mykonos, are expected to commence…

Transocean Automates Six Floaters

Feb 19, 2019

The international offshore drilling contractor Transocean has entered into an agreement with Equinor to license and install Automated Drilling Control (ADC) systems on four high-specification, harsh environment rigs currently on contract in…

Rowan Relentless Gets Extension from Exxon Mobil

Feb 14, 2019

Global offshore contract driller Rowan Companies announced that ExxonMobil has exercised the third of four options for the Rowan Relentless, an R-Class ultra-deepwater drillship.The option will be used for operations in the US Gulf of Mexico and has an expected duration of 180 days…

Seadrill, Sonangol Form Angola Drillship JV

Feb 06, 2019

London-based Seadrill has formed a new joint venture (JV) with Angolan oil company Sonangol to operate drillships.The deepwater drilling contractor that provides worldwide drilling services to the petroleum industry said in a press release that…

Transocean Raising Cash to Pay for Deepwater Poseidon

Jan 23, 2019

Offshore drilling contractor Transocean announced Wednesday that its wholly owned indirect subsidiary Transocean Poseidon commenced a private offering of $550 million in aggregate principal amount of senior secured notes due 2027.The net proceeds…

Current News

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PGS Calls off Debt Refinancing, Shares Fall

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