Norwegian investment company Standard Drilling said Tuesday it had sold its 33.3% ownership in the VLCC Gustavia S, following the updated company strategy. Standard Drilling, which in 2013 sold off its offshore drilling rigs, only to return as offshore vessel owner in 2016…
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…
Danish offshore drilling firm Maersk Drilling has completed the sale of its Maersk Inspirer combined drilling and production unit to Havila Sirius for $373 million.The unit has been deployed at Repsol's Yme oil field in the North Sea and has recently started producing oil…
Billionaire John Fredriksen-owned offshore drilling company Northern Drilling has canceled another drillship order with South Korea's Daewoo Shipbuilding & Marine Engineering.After canceling the order for the West Aquila drillship in August…
Oslo-listed offshore vessel owner S.D. Standard Drilling Plc. has agreed to sell the Standard Olympus platform supply vessel for $7.5 million to an undisclosed buyer.'The sale of Standard Olympus will result in a gain for Standard Drilling of gross USD 1…
Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance.'Maersk Drilling continues to demonstrate strong commercial and operational performance…
Oslo-listed offshore drilling contractor Shelf Drilling has secured a ten-year contract extension for the High Island IX jack-up rig.The contract for the 1983-built, 2012-upgraded jack-up drilling unit is in direct continuation of its current contract in Saudi Arabia…
Offshore drilling contractor Awilco Drilling has secured a contract for its WilPhoenix semi-submersible drilling rig.The company said Monday that it had signed a contract with Ithaca Oil and Gas Limited, which will use the WilPhoenix for a single exploration well at Fotla in Block 22/1b…
Norway's Equinor has received approvals to drill two offshore wells in the production licence 090 in the North Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which has granted the regulatory approvals for the drilling operations…
Norwegian oil and gas company Equinor has won a drilling permit to drill an appraisal well in the Barents Sea, offshore Norway.The Norwegian Petroleum Directorate (NPD), which granted the permit, said Equinor would drill the well, formally known as well 7322/6-1 S…
S.D Standard Drilling Plc, a Cyprus-based, Oslo-listed offshore vessel owner, said Monday it had purchased 500,000 shares, corresponding to 1% ownership, in offshore driller Noble Corp, at USD 18.5 per share.'Noble completed its restructuring- and Chapter 11 process on 5 February 2021…
UAE-based ADNOC Drilling has taken delivery of the Shelf Drilling Journey jack-up drilling rig from Shelf Drilling, following the sale and purchase deal signed in December 2020.Offshore drilling contractor Shelf Drilling said Thursday that it had on February 24…
Offshore drilling contractor Stena Drilling has signed a drilling contract for its Stena Don semi-submersible drilling rig with the oilfield services giant Petrofac.Stena Drilling said in a social media post on Monday that the drilling operations were due to start in July…
Brazilian oil company Petrobras has divested its stake in offshore drilling company Sete Brasil.The company on Wednesday transferred today to companies of Sete Brasil Group, for the symbolic total amount of 7 euros, the equity interest of 15%…
Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…
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