Houston-headquartered drilling contractor Hercules Offshore sold four jackups that had been previously cold stacked since 2009. Despite the sale, 11 rigs in the company’s fleet remained cold stacked, five were added to that list this year alone…
Transocean issued its May 2015 monthly fleet update summary, which includes new contracts, changes to existing contracts, and changes in estimated planned out-of-service time of 15 or more days since the 16 April 2015 fleet status report…
Mexican operator Pemex has reassigned Pemex Exploration and Production (PEP) Director General Gustavo Hernandez and replaced him with chief of staff Juan Javier Hinojosa Puebla, several news wires report. Bloomberg said that Hernandez…
Global rig provider Transocean said it will scrap two more rigs from its fleet taking the total number of floaters it is planning to scrap to 18, the company announced on 1 April 2015. The two rigs joining its soon to be departed brethren are the GSF Aleutian Key and Sedco 707…
Houston-based Paragon Offshore has launched a bid to take over Prospector Offshore Drilling by buying 55.8% of the Oslo stock market-listed drilling firm's stock. Paragon, which spun out of Noble Corporation in August this year, said…
Blue Ocean Drilling Ltd. (BOD) awarded China’s Shanghai Waigaoqiao Shipbuilding (SWS) a contract to build two Gusto MSC CJ50 high specification jackup rigs. Image from Blue Ocean Drilling. Upon the terms of agreement…
Self-propelled self-elevating support vessels (SESV) firm Gulf Marine Services' newbuild GMS Enterprise is starting its first charter after it was completed ahead of schedule and under budget. Its first charter is a four-month contract for an engineering…
Houston based drilling and floating production firm Northern Offshore is considering spinning off its sole floating production platform (FPF) into a new business (pictured). The firm operates the semisubmersible Northern Producer FPF…
A slowdown in 2014 drilling will be short-lived, according to Noble Corporation, which posted growing margins thanks to its expanding fleet, with another four units due for delivery by the end of 2014. Noble’s chairman, president and CEO…
Maersk Drilling has taken delivery of its first ultra harsh environment jackup, Maersk Intrepid, from the Keppel FELS shipyard in Singapore on time. Maersk Intrepid will start its mobilization to the Norwegian North Sea in about two weeks…
Mexican drilling contractor Integradora de Servicios Petroleros Oro Negro will soon deliver its fourth newbuild jackup to Pemex. The Decus was named last week at Sembcorp Marine's PPL Shipyard and will sail from Singapore next week for a 3+ year charter with Pemex…
Keppel FELS Limited (Keppel FELS), a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured contracts to build three high-specification KFELS B Class jackup rigs worth about US$650 million from Fecon International Corp (Fecon)…
Ensco plc announced the sale of its two remaining cold-stacked jackup rigs for US$33 million. The net value of the two rigs, ENSCO 69 and Wisconsin, both built in 1976, was approximately $9 million. The pre-tax gain on the sale is approximately $24 million…
Royal Boskalis Westminster subsidiary, Dockwise, said that it has won several contracts throughout January 2014, worth a total of US$65 million. Statoil awarded the largest contract to the firm, for the transportation of two jackup rigs from South Korea to Norway…
Yantai CIMC Raffles Offshore (CIMC Raffles) has won an order for two jackups from newcomer Central Shipping Monaco (CSM). The two rigs will be Friede & Goldman JU2000E design and scheduled to be delivered at the end of 2015. CSM also…
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