Search results for: Driller

1224 results

A list of search results

  • 8 November 2017
    Business & Finance, Exploration & Production

    Vantage Drilling has been awarded an extension of its drilling services contract for the Emerald Driller jack-up drilling rig. 

  • 25 January 2011
    Business & Finance

    Reference is made to the press release sent out by Songa Offshore SE (the “Company”) on 24 March 2010 regarding the investment of 31,25% of the shares in Deepwater Driller Ltd (“Deepwater Driller”). Deepwater Driller owns the “Songa Eclipse”, a 6th generation Friede & Goldman ExD ultra-deepwater semi-submersible drilling rig under construction at Jurong Shipyard […]

  • 16 February 2018
    Exploration & Production

    Northern Offshore has sold its semi-submersible rig Energy Driller to an unnamed party for conversion to alternative use.

  • 30 April 2018
    Business & Finance, Exploration & Production

    Houston-based driller Diamond Offshore saw a decrease in quarterly profit and revenues.

  • 29 December 2011
    Business & Finance

      On the morning of Dec. 29th, 2011, CIMC Raffles delivered a Jack-up drilling rig the MASTER DRILLER to the Reignwood International Investment (Group) Company Limited. The basic design of MASTER DRILLER is supplied by the Friede&Goldman of the U.S.A., while CIMC Raffles independently finished all the detail design and shop design, with the Intellectual […]

  • 18 January 2018
    Business & Finance, Exploration & Production

    Offshore driller Vantage Drilling has been awarded more work by CPOC for one of its jack-up drilling rigs. 

  • 27 September 2018
    Equipment, Project & Tenders

    Delmar Systems has received a mooring contract for the Development Driller III semi-submersible ultra-deepwater drilling rig for ExxonMobil’s drilling campaign offshore Equatorial Guinea. Under the contract Delmar will provide engineering design services, project management, mooring equipment, and mooring installation services for the Transocean-owned Development Driller III. The Development Driller III is planned to be on 8-point OMNI-Max preset mooring […]

  • 12 January 2011
    Business & Finance

    Vantage Drilling Company announced today that it has entered into a letter of intent for the Sapphire Driller, subject to final customer approval for a three well drilling program in West Africa, with an option for a fourth well. The anticipated duration of the contract is for four months with operations commencing as soon as […]

  • 17 September 2010

    Defects in the riser tensioning systems (DAT cylinders) in the drilling package, have caused a stop in the drilling operation on the Sevan Driller since August 25, 2010. The supplier and the manufacturer of the cylinders have taken corrective actions and are working in close cooperation with Sevan to repair the equipment. During the period […]

  • 5 April 2017
    Business & Finance

    Offshore driller Ocean Rig has gained an approval from 75 percent of its creditors for its financial restructuring plan.  Following its end of March filing for Chapter 15 bankruptcy protection, which deals with insolvency cases where parties of interest involve more than one country, Ocean Rig said on Wednesday that 75% of its financial creditors signed or acceded […]

  • 28 August 2014

    The cyclical downturn in the offshore oil and gas-drilling market may provide an opportunity for drillers with financial flexibility to buy high-yield peers at favorable prices, Fitch Ratings says.

  • 27 April 2018
    Exploration & Production

    Offshore driller Vantage Drilling has secured a drilling contract for its jack-up rig the Topaz Driller with Total in Gabon. 

  • 10 February 2017
    Business & Finance, Exploration & Production

    Offshore drilling contractor Transocean has decided to scrap two semi-subs and idle two drillships and one semi-submersible drilling rig. The driller has also been awarded several new contracts.  In its latest fleet status report on Thursday the driller said that the deepwater semi-submersible M.G. Hulme, Jr. and the midwater semi-submersible GSF Rig 140 were classified as held […]

  • 28 August 2014
    Business & Finance

    The cyclical downturn in the offshore oil and gas-drilling market may provide an opportunity for drillers with financial flexibility to buy high-yield peers at favorable prices, rating agency Fitch Ratings said. In this environment, master limited partnerships (MLPs) may provide additional financial flexibility for corporate parents looking to acquire assets. Near-term offshore demand has moderated, […]

  • 23 October 2019
    Business & Finance, Exploration & Production

    French oil company Total has exercised a one-year option on the existing contract for the Vantage Drilling-owned jack-up rig Emerald Driller in Qatar. 

  • 29 March 2017
    Exploration & Production

    Following a bankruptcy protection filing by the offshore driller Ocean Rig, VesselsValue (VV) has provided its valuation of the driller’s rig fleet. According to VV, the driller’s fleet value took a massive hit the last twelve months, dropping some 40 percent. In order to deal with insolvency cases involving debtors, assets, claimants, and other parties of […]

  • 30 March 2016
    Business & Finance, Exploration & Production

    Sevan Drilling has received an early contract termination from Petrobras for one of its cylindrical drilling rigs in Brazil, rate reduction for another, and a short-term gig for the terminated rig from Shell.   According to the company’s statement on Wednesday, Sevan Drilling amended contracts for the Sevan Driller and Sevan Brasil with Petrobras and […]

  • 20 October 2008

    Keppel FELS Limited (Keppel FELS) has delivered the jackup drilling rig, Deep Driller 6, to Sinvest AS (Sinvest), a subsidiary of Aban Singapore Pte Ltd (ASPL) on time and within budget. Deep Driller 6 is the fourth unit to be delivered in a series of five KFELS Super B Class rigs built for Sinvest. The […]

  • 28 May 2013

    Sevan Drilling, a drilling contractor based in Norway, today announced that its Sevan Driller rig has completed drilling on its present location in Brazil. Upon unlatching the blow-out preventer (“BOP”) a small flow of mud from the well was observed by the remote operating vehicle. The small flow caused by a leak in the casing packoff did […]

  • 27 September 2010

    In reference to the announcement made on September 17, 2010, the defects in the riser tensioning systems that caused a stop in the drilling operation on the Sevan Driller have been rectified. The repair work was executed according to plan and Sevan Driller is back in operation and on day rate as from September 26, […]

  • 21 August 2012
    Business & Finance

    Vantage Drilling Company has announced that the Aquamarine Driller’s customer in Malaysia has exercised the first of their one year options, extending the current contract to November 2013. The exercise of the option will keep the Aquamarine Driller working in continuity with its current contract and is anticipated to generate an estimated $56 million of […]

  • 25 June 2010
    Project & Tenders

    Sevan Driller commenced operation as from yesterday and the rig is thereby on full day rate. Sevan Driller arrived at its drilling location in the Campos Basin on Wednesday June 16 at 6 am local time. The advanced ultra deepwater drilling rig is capable of drilling at water-depths down to 10,000 ft. Sevan Driller is […]