Shelf signs up five-year deal in Arabian Gulf
Shelf Drilling has signed a five-year contract for its recently acquired Shelf Drilling Victory in the Arabian Gulf.
jack-up
Adnoc Drilling adds two more jack-ups
Adnoc Drilling has signed a sale and purchase agreement to buy two more premium jack-up rigs, for $140 million.
Southeast Asia market for drilling rigs lukewarm despite lofty oil prices
Global and regional upstream activities, including in Southeast Asia, are rising, as more exploration and development projects are evaluated and approved. Yet, the drilling rig market in the region is not as exciting as it should be, especially with global oil prices ranging between $100 and $120 per barrel in recent months.
Lamprell delivers new ‘state-of-the-art’ jack-up rig
Lamprell has successfully delivered the first jack-up drilling rig for International Maritime Industries (IMI).
Lamprell to kick off jack-up refurb this month
Lamprell has teased an upcoming contract for jack-up refurbishment in the Middle East without releasing many details.
Keppel’s legacy rigs heading to Middle East in $97m deal as market tightens
Singaporean yard Keppel Offshore & Marine (Keppel O&M) will send two of its jack-up rigs to Saudi Arabia in a five-year deal worth S$135 million ($97 million) as the market for rigs continues to tighten.
Velesto in the black after insurance payment for sunken rig
Malaysian driller Velesto Energy is back in the black after reporting a net profit of RM16.27 million ($3.88 million) for the second quarter following an insurance payout related to the sunken jack-up drilling rig NAGA 7.
Borr Drilling wins more work for Gunnlod rig in Malaysia
Norwegian offshore drilling company Borr Drilling has received a letter of award covering a 105-day contract for its Gunnlod jack-up working for an undisclosed operator in Malaysia.
Velesto abandons sunken drilling rig off Malaysia
Velesto Energy’s NAGA (dragon) 7 jack-up drilling rig that sunk offshore Malaysia last month while under contract to ConocoPhillips will be abandoned.
India’s ONGC seeks to buy new build jack-up rigs
India’s Oil & Natural Gas Corporation (ONGC) is seeking to buy newly built jack-up drilling rigs as the national oil company (NOC) looks to secure long-term offshore drilling capacity.
Analyst upgrades Velesto after rig working for ConocoPhillips sinks off Malaysia
The sinking of Velesto Energy’s NAGA (dragon) 7 jack-up rig offshore Malaysia has prompted investment firm CGS-CIMB to upgrade the drilling company as the closed-door investigation into the accident continues.
BW buys stacked jack-ups, plans Dussafu work
BW Energy has acquired two jack-up rigs and hatched a new plan for the development of the Hibiscus/Ruche field, offshore Gabon.
Ensco sells number of drilling rigs for scrap value
Ensco said it has sold a number of drilling rigs for scrap value.
Maersk Drilling adds third XLE jack-up rig to its fleet
Maersk Drilling has taken delivery of its third ultra harsh environment jack-up from the Keppel FELS shipyard in Singapore ahead of schedule. The rig will start its mobilisation to the Norwegian North Sea next month where it will begin a four year contract with Statoil.