Offshore drilling company Valaris said Tuesday its ultra-deepwater drillship VALARIS DS-12 had become the first vessel in the world to receive the ABS Enhanced Electrical System Notation EHS-E.Valaris upgraded the drillship's electrical system to secure the notation…
Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
Australian oil and gas company Carnarvon Energy, which earlier this month changed its name from Carnarvon Petroleum, is set to receive the Valaris JU-107 jack-up drilling rig 'within the next two weeks' and start drilling at the Buffalo-10 well-site…
Offshore drilling firm Valaris said Thursday its CEO Tom Burke would step down from his position as President and Chief Executive Officer and member of the Board of Directors, and that its CFO Jon Baksht would step down, too, both effective September 2…
Russian oil company Lukoil has said it has discovered an oil field within the Yoti West structure at Block 12 offshore Mexico. The field was discovered after drilling the first exploration well. According to preliminary estimates, the initial oil in place reaches 250 million barrels…
Offshore drilling rig company Valaris said Wednesday it had won a contract extension with ARO Drilling for Valaris JU-36 jack-up drilling unit.The rig, formerly known as Charles Rowan, is a standard duty jack-up and will stay with ARO Drilling…
Offshore drilling rig reactivations have begun as utilization and dayrates continue their rapid recovery, Esgian's Teresa Wilkie writes.We expected it to happen just not necessarily this soon. But now it’s official, several cold-stacked rigs…
Offshore drilling companies Maersk Drilling and Noble Corp. last week announced they'd merge to form one of the world's largest offshore oil drilling rig companies. Westwood Energy's Terry Childs analyzes the proposed deal and how the combined…
Oil major Shell is set to move the Valaris 122 jack-up drilling rig in the North Sea from the Shearwater field to the Jaws well site in preparation for drilling activities.This is according to Kingfisher Bulletin, a website that provides the…
Forum Energy Technologies, a supplier of remotely operating vehicles for the global offshore energy industry, has appointed Paul E. Rowsey III to its Board of Directors. Rowsey will also serve as a member of the Compensation Committee.Rowsey…
Offshore drilling company Valaris has won a contract with oil firm TAQA offshore the Netherlands for Valaris JU-123 offshore drilling rig.The contract for the heavy-duty harsh environment jack-up rig is expected to start in the fourth quarter of 2021…
Offshore drilling firm Valaris has secured contracts with Shell Namibia Upstream B.V. and Shell Sao Tome and Principe B.V. offshore Namibia and Sao Tome and Principe, respectively, for its drillship VALARIS DS-10.The contracts for the 2017-delivered offshore rig are each for one well…
Oil and gas company Jadestone Energy has tied the Montara H6 development well off Australia into the field facilities and the well has started production.Jadestone is the 100% owner and operator of the Montara field, located in Production Licences AC/L7 and AC/L8 in the Timor Sea…
Offshore drilling firm Valaris has won a contract extension with Aramco in Saudi Arabia for one of its standard-duty modern jackup drilling rigs.The Saudi national oil company has elected to extend the charter of the VALARIS JU-140 jack-up by 183 days…
Australian oil and gas company expects to spud the Buffalo-10 well in the Timor Sea in early November, using the Valaris JU-107 jack-up drilling rig.'The previous field proved the existence of very high deliverability reservoir containing high…