After a period of dormancy, drilling activity and rig utilization is up. Yet despite an increase in demand for rigs, there is still an oversupply. Few long-term fixtures, gaps in schedules and rigs moving between different regulatory regimes create new rig intake challenges…
Rig inspection services company ModuSpec said it has reemerged as an independent operating company following a strategic restructure of engineering and technical professional services organization Lloyd’s Register (LR).In March, LR announced…
Mexican state-owned giant Pemex has chartered two jack-up rigs built and currently owned by Chinese yard CIMC Raffles.The two 400ft Jack-Up Drilling Rigs held a naming and departure ceremony at Longkou. The two rigs will soon sail to the gulf…
Maersk Drilling has entered a $7.6 million contract with Petrogas North Sea to drill an appraisal well at the Birgitta field in the Central part of the UK North Sea, the Danish drilling contractor said on Monday.The contract is expected to commence in March 2020…
Drilling rigs and equipment firm HENDERSON said it has named Chris Naquin as senior business development manager.His job responsibilities will include building and maintaining relationships with drilling contractors to service their fabrication…
Houston-based networking solutions provider RigNet announced on Tuesday that Brazil’s Ocyan has signed a multi-year agreement and selected Intelie Live, RigNet’s machine learning-based analytics platform, to be used at its Drilling and Marine Operational Support Center (CSD)…
Xervo by SH Group, the producer of the approved conventional NORSOK lifeboat systems, The Boat-In-A-Box davit system, said it has signed a contract for the first option with Awilco Drilling. Like the first order, the option includes the delivery…
New offshore drilling safety technology has been developed to monitor and provide advanced warning of potential risks in the “Red Zone”, the area of the rig floor where heavy drilling equipment operates and the risk of injury is highest.Vision IQ…
Aberdeen-based decommissioning company Well-Safe Solutions said it has awarded two multimillion-dollar contracts to continue the transformation of the semi-submersible drilling rig Well-Safe Guardian into a bespoke plug and abandonment unit…
Houston-based networking solutions provider RigNet said it has signed a multi-year contract extension with offshore driller Valaris (formerly EnscoRowan).Under the agreement, RigNet will continue to provide Managed Communication Services including…
Singaporean rig builder Sembcorp Marine on Tuesday posted a narrower second-quarter loss, but said it expected losses for the second half of the year to be higher than the first half, citing insufficient new orders.The company reported a net loss of S$8…
The world's second largest offshore drilling contractor Transocean has revealed three new contract awards and a pair of extensions for the last quarter in its latest fleet status report.The Switzerland-based offshore driller said in the status…
ACO Marine said a new wastewater treatment plant supplied to Damen Verolme Rotterdam has been installed and commissioned on the Stena operated semi-submersible Stena Don.The drilling rig’s existing wastewater treatment plant was heavily corroded and non-compliant with regulation MEPC 227(64)…
Norwegian semi-submersible accommodation vessel owner Prosafe has taken delivery of the Safe Eurus, an advanced and flexible vessel for worldwide operations excluding Norway.The Safe Eurus was delivered in May and will shortly begin mobilization…
Maersk Drilling said Edison E&P has signed on its deepwater semisubmersible drilling rig Maersk Discoverer to drill an exploration well in the North Thekah gas field offshore Egypt.The contract is expected to commence in the fourth quarter this year and includes an additional one-well option…
Subscribe
