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”)…
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…
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…
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…
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 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…
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…
Offshore drilling contractor Transocean on Monday reported it has secured contracts for two of its ultra-deepwater drillships.The company said its Deepwater Conqueror has been awarded a two-year contract by a major operator for work in the U…
Brazilian oil company Petrobras has lost a $400 million case against Paragon Offshore Nederland, a former supplier of offshore drilling rigs for oil and gas exploration.Petrobras said Thursday that the Court of Justice of Rio de Janeiro decided…
Offshore drilling contractor Stena Drilling said in a social media post it was preparing to introduce the newest addition to its drilling fleet, the Stena Evolution drillship.'The Stena Evolution will be a technologically advanced 7th Generation ultra-deepwater drillship…
The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said Friday its subsidiary NORI had signed a non-binding term sheet with its strategic partner and shareholder, Allseas to develop and operate a commercial nodule collection system…
Australia-based BHP has booked Aquadrill's Vela drillship for a drilling operation in the U.S. Gulf of Mexico.The rig, managed by Seadrill, is currently in the Gulf of Mexico, on a contract with Equinor until May. After the expiration of the contract…
Offshore drilling contractor Transocean has said this week that its eighth-generation Deepwater Titan drillship has completed drydocking in Singapore.The Deepwater Titan is Transocean's first 20,000 psi ultra-deepwater drillship, and will, once delivered…
Offshore drilling company Seadrill has won two contracts with Brazil's Petrobras for the West Carina and West Tellus drillship.The two rigs will work on the Búzios field offshore Brazil. Both contracts have been signed on a 3-year fixed-term basis…
Classification society ABS said it has been selected to class a former drillship that is being converted to a subsea mining vessel.The industry-first project will see Allseas’ 228-meter Vitoria 10000, now renamed Hidden Gem, equipped with a…
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