Valaris News

Angola's Oil Exploration Evaporates

May 20, 2020

The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt in Angola, Africa's second-largest oil producer.The consequences could be grave for a poor country that relies…

Eni Suspends SSV Catarina Offshore Drilling Rig

May 15, 2020

Italian oil and gas company Eni has suspended works carried out by the SSV Catarina semi-submersible drilling rig offshore Indonesia.This was revealed by Singapore-based KS Energy, which last year won the contract with Eni, as part of a joint venture with Universal Energy Resources…

Mubadala, Tap Oil Sanction Three-Well Drilling Program at Manora Field

May 14, 2020

Mubadala Petroleum and its partner Tap Oil have approved the 2020 Manora field development drilling program, with the first well set for spud this week.Tap Oil said Thursday that the three-well drilling campaign at the Gulf of Thailand would…

No Oil at Eni's Ehecatl Prospect Offshore Mexico

May 05, 2020

Eni has not found oil at its Ehecatl-1 exploration well in Block 7, offshore Mexico, Cairn, a partner in the project has said.Cairn said on Tuesday operations had been completed at the Eni-operated Ehecatl-1 exploration well in the Sureste Basin…

Maersk Drilling to Mothball Several Rigs, Reduce North Sea Headcount

Apr 24, 2020

Danish offshore drilling contractor Maersk Drilling is set to mothball several offshore drilling rigs, and as a consequence, reduce the number of offshore workers, citing low oil prices and the impact of COVID-19 pandemic as the reason.'The…

Report: Crane Boom Falls on North Sea Jack-Up Rig

Feb 17, 2020

A crane boom reportedly collapsed Friday morning aboard the Valaris 120 jack-up drilling rig in the UK North Sea, luckily causing no harm to the crew.A rig workers' community page on Facebook called The Rig Worker's Rant released a photo apparently…

Beach Energy Ends Diamond Offshore Drilling Rig Deal Citing Late Arrival Date

Apr 20, 2020

Australian oil and gas company Beach Energy has terminated the contract for Diamond Offshore's Ocean Onyx semi-submersible drilling rig, citing delays in the rig's arrival.The rig was to be used by Beach Energy at the Victorian Otway Basin, however…

Offshore Drillers to Lose $3B Due To COVID-19, Low Oil Prices

Apr 09, 2020

Offshore drillings contractors leasing drilling rigs to oil and gas companies are set to lose contracts worth $3 billion in combined revenue in 2020 and 2021, Rystad Energy said Thursday, citing the impact of the coronavirus pandemic and low oil prices…

IMI Wraps ARO Drilling Jack-Up Overhaul

Mar 26, 2020

International Maritime Industries (IMI) has completed the Maintenance, Repair & Overhaul contract on ARO Drilling's ARO-2003 (SAR201) jack-up rig in Saudi Arabia.IMI, a joint venture between Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries…

Offshore Drilling: It’s Going to Get Worse Before It Gets Better

Mar 23, 2020

With the oil price crash and COVID-19, the near-term outlook for the offshore rig market is on a lot of minds. RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it’s going to get worse before it gets better…

Drill String Accidentally Cut at Seadrill Rig Offshore Norway

Mar 17, 2020

Offshore drilling company Seadrill was involved in an incident last weekend involving the unintentional disconnection of the lower marine riser package (LMRP) on its West Mira semi-submersible drilling rig. Also, a certain amount of oil-based drilling fluid was discharged into the sea…

ARO Drilling Equips 16 Rigs with IFS Applications

Mar 04, 2020

Offshore drilling contractor ARO Drilling has deployed IFS Applications on 16 of its offshore drilling rigs. IFS, a software solutions company, said in a statement its applications helped ARO „to unify mission-critical business processes across…

Go-ahead for Van Gogh Infill Phase 2

Mar 02, 2020

Australian energy company Santos announced a Final Investment Decision (FID) had been made on the Van Gogh Infill Development Phase Two Project, which will involve the drilling and completing of three new horizontal, dual-lateral production wells and subsea tieback into existing infrastructure…

Premier Oil Charters Valaris Drillship for Brazil Drilling

Jan 08, 2020

UK oil and gas player Premier Oil has chartered a Valaris drillship for its Brazilian operations.In its operational update on Tuesday, Premier Oil said it had chartered the Valaris DS-9 drillship. The rig, formerly known as Ensco DS-9, is of the Samsung 12000 design and was delivered in 2015…

Premier Oil Charters Solstad PSV for Tolmount Field Ops

Feb 19, 2020

UK-based oil company Premier Oil has chartered a Solstad Offshore vessel to support its Tolmount field operations in the UK sector of the North Sea.The Norwegian offshore vessel operator Solstad said Wednesday that it had won a contract for the platform supply vessel Normand Flipper…

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