Workers were evacuated from a Valaris oil rig after a Covid outbreak on board on New Year’s Day, with questions raised on testing procedures.
Valaris, the world’s largest offshore drilling firm, has filed for Chapter 11 bankruptcy with a plan it said would reduce its debt by $6.5billion.
Drilling firm Valaris has informed staff it could make hundreds of redundancies as rig contracts have dried up due to the recent slump in oil prices.
The Health and Safety Executive (HSE) has launched an inquiry after a crane collapsed on a second Valaris oil rig within a month of each other.
Valaris has sunk into the red as it seeks to sell off an ageing semi-submersible drilling rig.
Valaris has said it has made “significant progress” since the merger of Ensco and Rowan earlier this year.
UK-based Ensco has completed its merger with smaller rival Rowan to create the world’s largest offshore drilling firm by fleet size.
Rig operator Rowan fell to a loss in its full-year 2018 results ahead of its merger with UK-based Ensco.
Shareholders of Rowan and Ensco have approved the merger between the two drilling contractors.
Rig contractor Ensco has revealed that three "independent advisory firms" urged its shareholders vote for the merger with rival firm Rowan.
Rig contractor Ensco has reduced its ownership stake in its takeover offer for rival firm Rowan.
Rig contractor Ensco has increased its takeover offer for rival firm Rowan.
The Rowan Stavanger jack-up rig has won a £17.7million contract for drilling work at Equinor’s Gurdrun field.
Offshore driller Rowan has sold two jack-up rigs to its Saudi Aramco joint venture in a deal worth £202million.
Ensco’s takeover of rival Rowan shows consolidation is still “paramount” for drillers and that smaller firms are being driven out, according to leading analysts.
UK-based offshore driller Ensco has entered an agreement to buy smaller rival Rowan to create an “industry-leading” drilling firm.
Rowan says it has built-up a backlog of work showing a “healthier dynamic” within the North Sea region.
ARO Drilling has won four contracts from Saudi Aramco for Rowan jack-up rigs.
Chrysaor has announced a new North Sea drilling campaign with Baker Hughes, a GE Company (BHGE).
Drilling firm Rowan has started operations in a "ground-breaking" joint venture with Saudi Aramco.
Rowan Drilling is to provide two rigs for an upcoming BP campaign in Trinidad and Tobago.
Video footage of an oil rig leaving Dundee has been published online. The clip, uploaded to YouTube by Stuart Burns, shows the Rowan Gorilla V rig being towed up the Tay and past Broughty Castle. The 20,000-tonne vessel arrived in the city in June.
Rig owner Rowan suffered net losses of $24.4million in the fourth quarter of 2016, driven by double-digit declines on the deepwater and jack-up segments.
Rowan Companies has struck a joint venture with Saudi Aramco to operate offshore drilling rigs in Saudi Arabia.
Total has agreed a drilling extension with Rowan Drilling.