Offshore drilling company Valaris has won a drilling rig contract with the Brazilian oil firm Petrobras offshore Brazil.The contract is for the drillship Valaris DS-4, for operations offshore Brazil. The contract is for a minimum term of 548 days…
Three Norwegian labor unions agreed on a wage deal with the owners of floating offshore oil drilling rigs, preventing the outbreak of a strike that would have disrupted exploration, the unions said on Thursday.The deal between the Norwegian Shipowners' Association and the Industri Energi…
Offshore drilling rig owner Valaris announced on Tuesday it has been awarded a three-year contract with U.S. supermajor Chevron in the U.S. Gulf of Mexico.The contract for the ultra-deepwater drillship Valaris Relentless (VALARIS DS-18) is expected…
Offshore drilling firm Valaris said Wednesday it had won a contract extension for one of its jack-up drilling rigs with Norway-based oil company Equinor.The contract is for the Valaris JU-291 jack-up drilling unit, formerly known as the Rowan Stavanger…
Offshore drilling rig owner Valaris said Tuesday it had won a drillship contract with TotalEnergies in Ivory Coast.The contract is for the ultra-deepwater drillship Valaris DS-12. Total E&P Côte d'Ivoire B.V, an Ivory Coast subsidiary of the…
Two offshore drilling rigs, previously used for oil and gas exploration beneath the seabed, could soon help with space exploration.Namely, according to multiple reports this week, a company linked to billionaire Elon Musk bought two deepwater semi-submersible drilling rigs last year…
Swedish oil company Lundin, focused on oil and gas operations in Norway, has obtained regulatory consent to used the Rowan Viking jack-up rig on the Edvard Grieg offshore field.The consent, granted last week by the Petroleum Safety Authority Norway…
Valaris, the world's largest offshore drilling contractor by fleet size, said Tuesday that the New York Stock Exchange had decided to suspend its shares and delist them.The offshore drilling company has been hit hard by the blended effects of the global COVID-19 pandemic…
Services firm Petrofac says it has implemented its SkillsVX learning and competency software for offshore drilling contractor Valaris, supporting its 7,000 employees globally to manage their learning and competency needs.The implementation involved…
Oil company ConocoPhillips has been given permission to use the Rowan Norway jack-up unit at its Ekofisk field in the Norwegian sector of the North Sea.The consent was granted by the Petroleum Safety Authority Norway and relates to the plugging…
London-headquartered offshore drilling contractor Noble Corporation has appointed Stephen M. Butz as Executive Vice President and Chief Financial Officer, effective December 19, 2019.From 2014 until its merger with Ensco plc, Butz served as…
Neptune Energy and its joint venture partners BP and JAPEX today announced Valaris has been awarded a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.Valaris will provide the…
Offshore drilling contractor Valaris has been awarded new contracts and contract extensions for its rigs, with associated revenue backlog of $84 million.The largest offshore drilling and well drilling company in the world, formerly known as EnscoRowan…
Norwegian labor unions and oil rig owners agreed a wage deal on Friday, averting the outbreak of a strike that would have halted some of the Nordic country's crude production and paralyzed exploration activity for new resources, unions and companies said…