Search results for: Drillers

1219 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 […]

  • 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 […]

  • 16 February 2018
    Exploration & Production

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

  • 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. 

  • 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 […]

  • 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. 

  • 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 […]

  • 1 February 2018
    Business & Finance, Exploration & Production

    Vantage Drilling has entered into a contract with New Age Cameroon Offshore Petroleum S.A. (New Age) for its jack-up rig Topaz Driller to perform drilling services in Cameroon.

  • 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, […]

  • 9 May 2011
    Business & Finance

      Vantage Drilling Company reports a net loss of ($18.7) million or ($0.06) per diluted share for the three months ended March 31, 2011 as compared to a net loss of ($13.0) million or ($.05) per diluted share in the fourth quarter of 2010 and net income of $6.0 million or $0.03 per diluted share […]

  • 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 […]

  • 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 […]

  • 21 August 2012
    Business & Finance

    Vantage Drilling Company announced today 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 […]

  • 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.

  • 15 June 2010

    Sevan Driller has left Macae, heading for the drilling location. The advanced deepwater drilling unit is the world’s first cylindrical rig and will be operating in the pre-salt area under a six year drilling contract with Petrobras. Sevan Driller is contracted to Petrobras S.A on a six year contract. Sevan Driller is designed to include […]

  • 10 May 2013

    India’s Aban Offshore  has secured a contract for its jack-up rig Deep Driller 1. The company’s shares rose 2.00% following the announcement. The rig will be deployed in Mexican waters on a 1115 days long contract. The company, without revealing the name of the client, has said that the estimated value of the contract is $177 million. […]

  • 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 […]

  • 1 July 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Vantage Drilling has entered into a contract with Eni for its premium jack-up rig, the Topaz Driller, to perform drilling services offshore of Montenegro. Vantage said on Tuesday that the contract with Eni is for 180 days. Ihab Toma, the Company’s Chief Executive Officer, commented, “Securing this contract during these challenging times demonstrates that Vantage, […]

  • 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 […]