Offshore Drilling News

 

Petronas Books JDC Semi-sub for Up to Ten Wells Offshore Sarawak

May 06, 2022

Japanese offshore drilling company Japan Drilling Co., Ltd. (JDC)  has secured a contract for its Hakuryu-5 semi-submersible drilling rig in Malaysia.The offshore drilling contract, with Petronas Carigali, was secured through its agent in Malaysia…

Transocean Nets $87,2M in Offshore Drilling Contracts

Apr 26, 2022

Offshore drilling contractor Transocean said Monday it had recently secured offshore drilling contracts worth $87.2 million in total.In its quarterly fleet status report, the company said it had won contracts for Development Driller III, Discoverer Inspiration…

Maersk Drilling, Noble Corp. Merger Raises Competition Concerns in UK

Apr 22, 2022

The proposed merger between offshore drilling contractors Noble Corporation and Maersk Drilling has raised competition concerns in the UK as the UK Competition and Markets Authority (CMA) has found that the merger could increase operating costs for oil and gas producers in the UK North Sea…

Valaris Secures Offshore Drilling Deals Worth $181M

Apr 07, 2022

Offshore drilling contractor Valaris on Wednesday announced multiple contracts and contracts extensions worth $181 million in total for its offshore drilling rigs. The contracts were awarded after Valaris last issued its fleet status report on February 21…

Saipem Clinches $400M in Offshore Drilling Contracts

Apr 05, 2022

Italian offshore services firm Saipem has won new offshore drilling contracts in the Middle East and Africa worth over $400 million in total.In the Middle East, Saipem has won contracts for two high-spec jack-up drilling rigs units. The contracts…

Name Change for Northern Ocean's Offshore Drilling Rig Duo

Mar 10, 2022

Oslo-listed drilling contractor Northern Ocean on Thursday said Thursday that it would change the names of its two semi-submersible drilling rigs West Bollsta and West Mira.The two 6th generation offshore drilling rigs, used for drilling operations offshore Norway…

INPEX Books HAKURYU-5 Semi-submersible Drilling Rig for Japan Offshore Drilling Project

Jan 24, 2022

Japanese oil and gas company INPEX has hired the HAKURYU-5 semi-submersible drilling rig for operations in Japan.The Mitsubishi MD 501 propulsion-assisted semi-submersible drilling rig will be deployed offshore San-in, Japan. JDC did not share any details on the agreed day rate…

Maersk Drilling Launches Horizon56 Branch to Digitalize Offshore Drilling

Dec 21, 2021

Danish offshore drilling company Maersk Drilling has for the past two years lead the development of what it says is 'a first-of-a-kind product' to support the digitalization of offshore drilling processes. The solution, named RigFlow, has now…

Dolphin Drilling Secures Marketing Rights for Keppel's 7th Gen. Semi-sub Rigs

Oct 28, 2021

In a deal with Singapore's offshore rig builder Keppel Fels, offshore drilling contractor Dolphin Drilling said it has secured the marketing rights for the KFELS Moss Maritime CS60 ECO MW semi-submersible drilling rigs.While the drilling company did not explicitly say it…

Lebanon's Prime Minister Seeks Clarification over Halliburton's Offshore Drilling Deal in Israel

Sep 20, 2021

Lebanon's Prime Minister Najib Mikati has asked his foreign minister to seek clarification from the international community after Israel granted U.S. oilfield services group Halliburton an offshore drilling contract in the Mediterranean.Lebanon…

Odfjell Drilling Swings to 2Q Profit. Backlog Increased to $2.4B

Aug 26, 2021

Norwegian harsh environment offshore drilling company Odfjell Drilling swung to profit in the second quarter of the year, with a reported net profit of $27 million, compared to a loss of $6 million in 2Q 2020.Odfjell Drilling's operating revenue grew to $233 million…

Sapura Hires Halliburton for Offshore Drilling Services Support

Aug 11, 2021

Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…

Wind-Powered Offshore Drilling Rigs in Canada: Saitec, WESI Get Gov't Funding

May 11, 2021

The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…

Offshore Drilling Market Poised for Growth, Rystad Says

Mar 23, 2021

Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts…

Lundin Energy Hires Deepsea Stavanger Offshore Drilling Rig

Mar 02, 2021

Norwegian offshore drilling company Odfjell Drilling has signed a firm contract with the oil firm Lundin Energy for the use of the Deepsea Stavanger semi-submersible drilling rig.The firm contract follows a letter of intent announced in January…

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