Offshore Drilling News - page 59


Shell Extends Maersk Drillship Stay in Mexico

Sep 08, 2022

Shell has exercised an option to extend the provisioning of the 7th generation drillship Maersk Voyager for drilling services offshore Mexico. The contract extension is expected to commence in April 2023, in direct continuation of the rig’s current contract…

Transocean Awarded Two Contracts for Deepwater Asgard

Sep 07, 2022

Offshore drilling contractor Transocean on Tuesday announced it has secured two drilling contracts for its ultra-deepwater drillship Deepwater Asgard in the U.S. Gulf of Mexico.The two awards, which come from separate operators and are worth about $181 million combined…

UK Oil and Gas Producers Call for More Investment to Ease Energy Crunch

Sep 07, 2022

Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades.The incoming…

Island Drilling Wins Drilling Contract from Trident Energy

Sep 06, 2022

Island Drilling Company announced it has signed a contract with Trident Energy to provide the Island Innovator drilling unit and associated services for a drilling campaign offshore Equatorial Guinea.Planned to start in September/October of 2023…

Valaris Receives $40 Million from ARO Drilling

Sep 06, 2022

Offshore drilling contractor Valaris announced on Tuesday that it has received a payment of $40 million from its joint venture with Saudi Aramco, ARO Drilling, representing a partial early repayment of its shareholder notes receivable.Following this payment…

Shell and Total Namibia Offshore Oil Discoveries 'Likely in Billions of Barrels'

Sep 05, 2022

Namibian offshore oil and gas discoveries by TotalEnergies and Shell are of commercial quantities, likely in the billions of barrels, the southern African nation's mines and energy minister said on Friday. Both companies announced earlier this…

Scana's PSW Technology to Deliver Risers for Odfjell Drilling's W. Africa Project

Sep 02, 2022

Scana-owned PSW Technology has secured a contract with offshore drilling contractor Odfjell Drilling for the delivery of marine risers to operations in West Africa. The deal includes the leasing of a complete riser package for a minimum of 18 months…

Valaris Nets $149M Worth of Offshore Drilling Contracts

Sep 01, 2022

Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements…

Inpex Books Ocean Apex Rig for Drilling Offshore Australia

Sep 01, 2022

Offshore drilling company Diamond Offshore Drilling has secured a contract for its Ocean Apex rig with Inpex in Australia. Inpex, based in Japan, will use the rig on the Northwest Shelf of Australia. The new contract covers two wells and is…

M&A: UK CMA Accepts Noble, Maersk Drilling Plan to Sell 5 Rigs to Alleviate Competition Concerns

Sep 01, 2022

The UK Competition and Markets Authority (CMA) has accepted Noble Corp. and Maersk Drilling's plan to sell certain rigs operating in the North Sea in order to alleviate competition concerns arising from the two drillers' planned merger.The two…

ADES to Buy 7 Jack-up Rigs from Seadrill

Sep 01, 2022

Offshore drilling firm Seadrill has signed a deal to sell seven jack-up drilling rigs in Saudi Arabia to ADES.Upon completion of the sale the rigs AOD I, AOD II, AOD III, West Callisto, West Ariel, West Cressida, and West Leda will be owned by ADES…

Philippines Open to New Oil Exploration Talks with China

Aug 31, 2022

The Philippines is open to new talks with China on oil and gas exploration, the Southeast Asian country's foreign minister said on Wednesday.A deal with China or any other country on joint oil and gas exploration, however, should comply with Philippine laws…

Archer Bags $200M Drill Pipe Pool Services Contract

Aug 31, 2022

Oilfield services firm Archer said Wednesday it had secured a Drill Pipe Pool Services contract in Norway worth NOK 2 billion (around $200 million).Services to be delivered under the contract, with an undisclosed client, include management, handling…

ADNOC Awards $1.83B Drilling-related Services Deals

Aug 31, 2022

Abu Dhabi National Oil Company (ADNOC) on Wednesday announced the award of five framework agreements valued at $1.83 billion (AED6.72 billion) for Directional Drilling and Logging While Drilling (LWD).According to ADNOC, the deals are the largest…

Kongsberg Digital Launches App to Provide Drillers with Up-to-date Well Insights

Aug 29, 2022

Kongsberg Digital, a provider of industrial software and digital solutions, has launched the SiteCom Trip Risk application to provide up-to-date well insights for drillers.According to Kongsberg Digital, the interactive application provides users with the latest information for navigating wellbores…

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