Transocean, international provider of offshore contract drilling services for oil and gas wells, has announced that its shareholders approved the acquisition of Ocean Rig UDW, by approving the proposals presented at Transocean’s Extraordinary General Meeting…
Offshore drilling contractor Rowan Companies plc announced Monday that its drillship Rowan Reliance has been awarded a contract in the U.S. Gulf of Mexico by Fieldwood Energy LLC.The contract is for a firm term of one year plus three 90-day options…
Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilling.The net economic impact of this transaction…
Saipem's Scarabeo 9 semisubmersible is in the Black Sea, where it is drilling one well, the Maria-1 exploration well in the Zapadno-Chernomorskaya license area, plus one optional well, in deepwater (more than 2000m water depth). To get there…
A revised plan for development and operation (PDO) for the Yme field in the Norwegian North Sea has been submitted to Norway's Ministry of Petroleum and Energy by operator Repsol. Repsol says it's going to invest about US$960 million (NOK8 billion) in the Yme New Development project…
Classification group ABS has approved the design and certified GMS' cantilever system for its self-elevating support vessel (SESV) GMS Evolution, delivered in May 2017. As an industry first, GMS Evolution is fitted with a small removable skidding cantilever system…
Transocean is taking a US$1.4 billion impairment in Q3 2017 following the drilling contractor’s decision to scrap five ultra deepwater floaters, and one deepwater rig. The Sedco Express ultra deepwater floater will be scrapped…
Houston-headquartered Atwood Oceanics has inked a one-well contract offshore northwest Africa with Kosmos Energy using the ultra-deepwater rig Atwood Achiever. The contract, which includes six, one-well options, will start immediately…
Mobile offshore drilling units could be a FPU conversion alternative. Karen Boman sets out the details. InterMoor tows the ATP Innovator FPU from the Gomez field in the Gulf of Mexico.Photo from InterMoor’s Flickr…
Norwegian oil firm Statoil is set to take over BP's mantle in Australia's Great Australian Bight after agreeing a swap deal with the oil major. BP dropped its plans for drilling two deepwater wells in the area after a tussle with Australia's…
The NAGA 2 self-elevating mobile offshore drilling unit is set for mobilization to the Ophir oil field offshore Malaysia, according to Octanex. Map of the Ophir field, from Octanex. The…
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services have formed a strategic alliance to better serve…
Recent rig count data suggests that there are no big moves over or under for offshore rig counts from February through end of March 2017. Baker Hughes released its latest US rig count numbers on Friday, 31 March, showing an increase of four units over week ago…
BP has withdrawn its environment plan that was submitted to Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for the Great Australian Bight, offshore South Australia earlier this week. The recent…
US offshore drilling contractor Rowan Companies and Saudi Aramco have signed a deal to create a new offshore rig outfit. The new organization will be a 50/50 joint venture (JV) which will own, operate, and manage offshore drilling rigs in Saudi Arabia…
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