Offshore Drilling News


Saipem Expands Offshore Drilling Fleet with New Jack-up Rig

Jul 11, 2022

Italian energy industry services provider Saipem has expanded its offshore drilling fleet with a new jack-up drilling rig - the Perro Negro 11.Ocean Challenger, the asset management company of the Chinese rig builder CIMC, in June entered into a bareboat charter contract with Saipem, for the Perro Negro-11 (ex-Gulf Driller VII).CIMC said at the time that the rig was scheduled to be deployed to the Middle East by August for modifications and…

Valaris Bags $466M in Rig Deals. CEO Sees 'Constructive Outlook' for Offshore Drilling Industry

Jul 06, 2022

Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil…

PSW Technology to Provide Maintenance Services for Odfjell Drilling's Rig Equipment

Jun 28, 2022

Scana-owned PSW Technology has signed a one-year extension of its frame agreement with the Norwegian offshore drilling contractor Odfjell Drilling.The frame-agreement is for maintenance and recertification of marine riser and subsea equipment for all of Odfjell Drilling's offshore drilling rigs…

Petronas Books JDC Semi-sub for Up to Ten Wells Offshore Sarawak

May 06, 2022

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC)  has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…

Transocean Nets $87,2M in Offshore Drilling Contracts

Apr 26, 2022

Offshore drilling contractor Transocean said Monday it had recently secured offshore drilling contracts worth $87.2 million in total.In its quarterly fleet status report, the company said it had won contracts for Development Driller III, Discoverer Inspiration…

Maersk Drilling, Noble Corp. Merger Raises Competition Concerns in UK

Apr 22, 2022

The proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling has raised competition concerns in the UK as the UK Competition and Markets Authority (CMA) has found that the merger could increase operating costs for oil and gas producers in the UK North Sea…

ADES to Buy Maersk Convincer Jack-up Rig for $42.5M

Apr 20, 2022

Danish offshore drilling company Maersk Drilling has agreed to sell its jack-up rig drilling rig Maersk Convincer to ADES for $42.5 million in cash.The benign environment offshore drilling rig is expected to be delivered to ADES after the completion…

Valaris Secures Offshore Drilling Deals Worth $181M

Apr 07, 2022

Offshore drilling contractor Valaris on Wednesday announced multiple contracts and contracts extensions worth $181 million in total for its offshore drilling rigs. The contracts were awarded after Valaris last issued its fleet status report on February 21…

Saipem Clinches $400M in Offshore Drilling Contracts

Apr 05, 2022

Italian offshore services firm Saipem has won new offshore drilling contracts in the Middle East and Africa worth over $400 million in total.In the Middle East, Saipem has won contracts for two high-spec jack-up drilling rigs units. The contracts…

Name Change for Northern Ocean's Offshore Drilling Rig Duo

Mar 10, 2022

Oslo-listed drilling contractor Northern Ocean on Thursday said Thursday that it would change the names of its two semi-submersible drilling rigs West Bollsta and West Mira.The two 6th generation offshore drilling rigs, used for drilling operations offshore Norway…

TotalEnergies Books Stena Drilling's Semi-sub for UKCS Work

Feb 11, 2022

French oil major TotalEnergies has chartered Stena Drilling's Stena Spey semi-submersible drilling rig for drilling operations on the UK Continental Shelf.Stena Drilling said that the mobile offshore drilling unit would start the contract between March 16…

Vantage Drilling to Manage Another Aquadrill Offshore Drilling Rig

Jan 28, 2022

Offshore drilling firm Aquadrill- ex-Seadrill Partners - has signed an agreement with Vantage Drilling for Vantage to manage and market its ultra-deepwater semi-submersible drilling rig Aquarius.Ihab Toma, CEO of Vantage stated 'We are delighted…

INPEX Books HAKURYU-5 Semi-submersible Drilling Rig for Japan Offshore Drilling Project

Jan 24, 2022

Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…

Maersk Drilling Launches Horizon56 Branch to Digitalize Offshore Drilling

Dec 21, 2021

Danish offshore drilling company Maersk Drilling has for the past two years lead the development of what it says is 'a first-of-a-kind product' to support the digitalization of offshore drilling processes. The solution, named RigFlow, has now…

Dolphin Drilling Secures Marketing Rights for Keppel's 7th Gen. Semi-sub Rigs

Oct 28, 2021

In a deal with Singapore's offshore rig builder Keppel Fels, offshore drilling contractor Dolphin Drilling said it has secured the marketing rights for the KFELS Moss Maritime CS60 ECO MW semi-submersible drilling rigs.While the drilling company did not explicitly say it…

Current News

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Repair to Oil Pipe that Shut U.S. Offshore Output Due by End of Day

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Sapura Energy Wraps Sale of Sapura 3000 Pipelayer

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