Offshore Drilling News

 

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…

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…

Lebanon's Prime Minister Seeks Clarification over Halliburton's Offshore Drilling Deal in Israel

Sep 20, 2021

Lebanon's Prime Minister Najib Mikati has asked his foreign minister to seek clarification from the international community after Israel granted U.S. oilfield services group Halliburton an offshore drilling contract in the Mediterranean.Lebanon…

Odfjell Drilling Swings to 2Q Profit. Backlog Increased to $2.4B

Aug 26, 2021

Norwegian harsh environment offshore drilling company Odfjell Drilling swung to profit in the second quarter of the year, with a reported net profit of $27 million, compared to a loss of $6 million in 2Q 2020.Odfjell Drilling's operating revenue grew to $233 million…

Sapura Hires Halliburton for Offshore Drilling Services Support

Aug 11, 2021

Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…

Petrobras Books Constellation's Drillship Laguna Star

Jul 07, 2021

Brazilian offshore drilling contractor Constellation has signed a long-term offshore drilling contract with Petrobras.The contract is for Constellation's Laguna Star drillship. The drillship will begin its 1,095-day charter offshore Brazil in January 2022…

Wind-Powered Offshore Drilling Rigs in Canada: Saitec, WESI Get Gov't Funding

May 11, 2021

The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…

Offshore Drilling Market Poised for Growth, Rystad Says

Mar 23, 2021

Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts…

Valaris Set to Emerge from Bankruptcy as Reorganization Plan Approved

Mar 05, 2021

Offshore drilling company Valaris, the world's largest by fleet size, has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization, and has agreed with Korea's Daewoo to delay deliveries of two newbuild drillships…

Lundin Energy Hires Deepsea Stavanger Offshore Drilling Rig

Mar 02, 2021

Norwegian offshore drilling company Odfjell Drilling has signed a firm contract with the oil firm Lundin Energy for the use of the Deepsea Stavanger semi-submersible drilling rig.The firm contract follows a letter of intent announced in January…

Eni Extends Saipem 10000 Drillship Term until 2023

Feb 25, 2021

Italian oil giant Eni has recently extended the contract for Saipem's Saipem 10000 drillship.The news was shared by the Italian energy services company Saipem on Thursday in its full-year and fourth-quarter 2020 report.'The most significant…

Vantage Drilling Agrees to Manage Seadrill Partners' Floaters

Feb 12, 2021

Offshore drilling contractor Vantage Drilling's subsidiary Vantage Holdings International has signed an agreement to manage and market some of Seadrill Partners' offshore drilling rigs.Under the deal, signed on February 9, VHI will provide marketing…

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