Oslo and New York-listed Borr Drilling, partly owned by Schlumberger, said on Thursday it expected strong core earnings growth in coming months with demand for its rigs set to rise.The offshore drilling rig contractor reported a negative adjusted earnings before interest…
Although Norway’s offshore segments took a pounding in share-price value on Monday — with every segment incurring losses — the consensus here is that fundamentals offshore are good, and a combination of general uncertainty and specific contract losses are what rocked investors starting their week…
Oslo-listed Shelf Drilling, world's largest contractor of jack-up rigs, has secured a three-year contract offshore the Arabian Peninsula.The company’s recently acquired premium newbuild jackup drilling rig Shelf Drilling Achiever will likely start the program in 4Q 2019…
Cayman Islands-headquartered Shelf Drilling, the leading contractor of jack-up rigs, has won a three-year contract for one of its jack-up drilling rigs.The provider of shallow water drilling services to the oil and gas industry said in a press…
In a sign that national oil companies aren’t giving up their nation-building efforts anytime soon, the near-shore, jack-up rig market is experiencing a swell of business that’s lifting fortunes and impressing seasoned rig hands.The global number…
Jack-up drilling specialist Shelf Drilling has been awarded a three-year contract in India for for the Ron Tappmeyer jackup by Oil and Natural Gas Corp (ONGC).The Mumbai High offshore operations have been scheduled to start by Q2 2019, said a press release from the jack-up rig owner…
UAE-headquartered offshore drilling contractor Shelf Drilling has received a contract award for one of its jack-up rigs with Belayim Petroleum Company (Petrobel) for operations in the Gulf of Suez, offshore Egypt.According to a press release from the shallow water offshore drilling contractor…
Dubai-headquartered offshore drilling contractor Shelf Drilling has bagged a three-year contract award for the Compact Driller jack-up rig with ADNOC Drilling, a division of Abu Dhabi National Oil Company (ADNOC)The contract is awarded for operations in the Arabian Gulf…
Nigeria-focused listed oil and gas development and production company Sirius Petroleum has put off for the third time the planned spud of a second gas well in the Ororo oil field located in the prolific Niger Delta to an indefinite date after a contracted jack-up rig became unavailable…
International jackup drilling contractor Shelf Drilling announced that it has secured a one-year extension on the Trident XIV jack-up rig in direct continuation of its current contract for workover operations offshore Nigeria.The international…
Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November.The Nigeria-focused oil and gas development and production company said in a press release that it has decided…
Jack-up rig specialist Shelf Drilling announced that one of its subsidiaries has secured a two-year contract for the Key Singapore with Eni for operations in the Adriatic Sea offshore Italy.The contract includes a one-year option period, and the planned commencement window is from May to July 2019…
Shelf Drilling, Ltd. has taken delivery of its second newbuild jackup rig – Shelf Drilling Krathong (SDK) – from Lamprell. The rig was delivered within budget and on-time. It is scheduled to depart for Thailand by 20 April 2017 where it commences operations for Chevron Thailand…
Seadrill is to sell three jackup rigs, the West Triton, West Resolute and West Mischief, to Shelf Drilling for US$225 million. The West Triton and West Resolute are scheduled to be delivered to Shelf Drilling by the end of May 2017 and the West Mischief during 3Q 2017…
Ensco is set to acquire Atwood Oceanics in an all-stock transaction worth some US$839 million, creating a company with the largest jackup fleet in the world. Image from Ensco. Ensco…
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