Equinor books Odfjell Drilling rigs for additional work
Norwegian energy giant Equinor (OSLO: EQNR) has tied down two Odfjell Drilling rigs for further well campaigns.
Norwegian energy giant Equinor (OSLO: EQNR) has tied down two Odfjell Drilling rigs for further well campaigns.
Noble Corporation (NYSE: NE) is reaping the benefits of a โsteady tighteningโ drilling market as the US groupโs order backlog nears $5 billion.
Odfjell Drilling (OSLO: ODL) remains comfortably in the black after a โhighly impactful and exciting yearโ for the contractor.
Activity in the North Sea is a โbit questionableโ though given the current windfall tax, which has prompted some operators to send rigs elsewhere.
Aberdeen-headquartered Dolphin Drilling has bagged a yearlong contract worth $96 million (ยฃ84m) for work offshore Africa.
Offshore drilling contractor Valaris (NYSE: VAL) has announced a handful of new deals and extensions.
After three years away, Dolphin Drilling has today returned to the capital markets, with a view to a public listing at the end of next month.
โOffshore drilling is coming back, big time,โ Bjornar Iversen, chief executive of Dolphin Drilling, excitedly told a room of senior company figures, and myself, during a visit to the Borgland Dolphin rig in Norway last month.
Shell has handed drilling contractor Valaris $60 million (ยฃ51.8m) to continue using one of its jack-ups in the North Sea.
W&T Offshore has hired Skadden, Arps, Slate, Meagher & Flom to conduct an internal investigation of managementโs close relationship with information-technology vendor AAIT, according to people with knowledge of the situation.
All of Nobleโs floating drilling units were contracted in the second quarter of the year, as offshore drilling continues its renaissance.
Offshore drilling giant Transocean (NYSE: RIG) has announced two new contract wins totalling more than $1 billion.
Offshore contractor Awilco Drilling has secured a short-term, multi-million pound shareholder loan to fund its operations.
Dozens of roles are to be added to Well-Safe Solutions after the company struck a multi-million pound deal to buy a semi-submersible rig.
Maersk Drilling has been awarded contracts with Shell for the provision of its Maersk Voyager vessel for drilling services offshore multiple countries.
The market for shallow water offshore drilling is on the up sparked by higher oil and gas prices and tight supply.
Offshore drilling firm Seadrill has today announced that it has secured two contracts with Petrobras for work on the Buzios field, off Brazil.
Neptune Energy has extended a contract for Odfjell Drillingโs Deepsea Yantai drilling rig.
Work is due to resume shortly on IOGโs (LON: IOG) flagship North Sea project after repairs were successfully carried out on an oil rig.
Maersk Drilling and Noble Corporation have announced a merger between the two offshore drilling companies.
A Valaris rig has had to be deep cleaned after an outbreak of Covid-19 on board.
Valaris, one of the worldโs largest offshore drilling companies, has announced a change-up of its top team with the appointment of a new CEO.
Valaris has reported losses of $910million as one of the worldโs largest offshore drillers hopes to soon re-emerge from bankruptcy.
Offshore drilling contractors are going bust at the fastest pace in three years as explorers spurn high-cost drilling to deal with a worldwide slump in commodity prices.
Valaris, the worldโs largest offshore drilling firm, has filed for Chapter 11 bankruptcy with a plan it said would reduce its debt by $6.5billion.