Search results for: Drillship Contract

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A list of search results

  • 17 July 2015

    Ensco, a UK-based offshore drilling contractor, has informed it has lost a drillship contract it had with a U.S.-based oil company. Namely, Ensco said on Wednesday ConocoPhillips terminated the three-year ENSCO DS-9 drillship contract. Ensco says that under the terms of the contract, ConocoPhillips is obligated to pay Ensco termination fees monthly for two years […]

  • 19 August 2015
    Business & Finance

    South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has cancelled a contract for construction of a drillship amid failure of a US owner to meet payment deadlines. The order was placed by Vantage Drilling in July 2013 and the expected delivery was scheduled for August 18th, 2015. The vessel, which was to be named Cobalt […]

  • 19 August 2015
    Business & Finance

    South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has cancelled a contract for construction of a drillship amid failure of a US owner to meet payment deadlines. The order was placed by Vantage Drilling in July 2013 and the expected delivery was scheduled for August 18th, 2015. The vessel, which was to be named Cobalt […]

  • 3 July 2017
    Exploration & Production

    Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has received a termination for convenience notice from Anadarko Petroleum Corporation for the four-year contract for the drillship Bolette Dolphin. Fred. Olsen informed on Sunday that the contract, which was supposed to expire in July 2018, will be terminated effective at the end of August 2017. The […]

  • 17 April 2020
    Business & Finance, Business developments & projects, Exploration & Production

    Transocean has received a contract termination for a drillship operating in Egypt.

  • 4 November 2019
    Business & Finance, Exploration & Production

    Brazilian oil company Petrobras has extended a contract with Seadrill for the use of a drillship.

  • 21 April 2010

    Tsakos Energy Navigation is reportedly close to signing a contract worth US$620 million for a new ultra-deepwater drillship, to be built at a South Korean yard. The order will be placed on condition that Tsakos firms up a five-year time-charter with a national oil company.

  • 19 August 2016
    Exploration & Production

    UK-based offshore drilling contractor Ensco has received a notice of early termination of a drilling contract for the drillship Ensco DS-7 from the French oil company Total.  Ensco said on Thursday that the termination will become effective in early fourth quarter of 2016, based on Total’s current well program. The Ensco DS-7 drillship was built in 2013 […]

  • 8 February 2016
    Exploration & Production

    Transocean, an offshore drilling contractor, has received an early contract termination for one of its drillships.  Namely, Murphy Exploration & Production Company – USA, a subsidiary of Murphy Oil Corporation, has elected to terminate the contract for the 2001-built ultra-deepwater drillship Discoverer Deep Seas. According to the offshore driller, the rig’s contract was scheduled to […]

  • 15 November 2016
    Exploration & Production

    Spanish oil company Repsol has terminated a drilling rig contract with the U.S. offshore drilling company Rowan Companies. Rowan said on Tuesday that Repsol had informed it on November 8, it would terminate the drilling contract for the Rowan Renaissance drillship “effective immediately.” “The Company expects to continue to be paid by Repsol on a […]

  • 21 January 2016
    Exploration & Production

    It seems like bad news for the offshore drillers will never stop, as another one has lost a rig contract today. This time it is Ocean Rig UDW, a drilling company run by the Greek shipping mogul, George Economou. In a brief statement on Thursday, the driller said that “due to the dramatic fall of the […]

  • 10 June 2013

    Kosmos Energy Ltd. (Kosmos) has signed a long-term rig agreement with a subsidiary of Atwood Oceanics, Inc. for the new build drillship Atwood Achiever. Currently under construction in South Korea, the rig is scheduled for completion in June of 2014 and expected to commence drilling operations in the second half of 2014. The Atwood Achiever […]

  • 10 April 2013
    Business & Finance, Project & Tenders

    Pacific Drilling S.A. announced that a subsidiary of Total S.A. has elected to exercise a one-year option to extend the firm contract term for the Pacific Scirocco to January 2015. The contract provides for a further option, to be exercised at the client’s discretion by April 7, 2014, which could result in two additional years […]

  • 30 April 2013

    Caterpillar Global Petroleum has been awarded the contract from Estaleiro Enseada do Paraguaçu – EEP to provide the diesel generator sets for the main and propulsion power, as well as the emergency power, for six drillships. All six drillships are to be built at Estaleiro Enseada do Paraguaçu shipyard in the state of Bahia, Brazil. […]

  • 9 March 2010

    Transocean Ltd. announced that the newbuild ultra-deepwater drillship Dhirubhai Deepwater KG2, which is owned by a joint venture with Pacific Drilling Limited, has commenced operations for Reliance Industries in India under a five-year drilling contract.

  • 19 November 2013
    Business & Finance

    Transocean has secured a contract extension for its Discoverer Enterprise drillship in the U.S. Gulf of Mexico.   The nine-month contract extension has been awarded by BP. The extension begins in January next year, with the expiration date set for October 2013. The new dayrate for the drilling unit has been set at $615.000 ($166 […]

  • 6 June 2014
    Business & Finance, Exploration & Production

    French oil company Total has signed long term drillship contract for exploration in Angola. Ocean Rig UDW Inc. a provider of offshore deepwater drilling services has signed definitive documentation, following the previously announced contract award, for the 6 year contract for drilling operations offshore Angola for its ultra deepwater drillship the Ocean Rig Skyros, with […]

  • 29 October 2015
    Business & Finance

    Korean shipbuilding company Samsung Heavy Industries (SHI) has been hit with a drillship cancellation by floating-rig drilling contractor Pacific Drilling S.A. The decision stems from the SHI’s failure to timely deliver ultra-deepwater drillship Pacific Zonda, the company said. “Pacific Drilling has exercised its right to rescind the construction contract for ultra-deepwater drillship Pacific Zonda due […]

  • 16 September 2016
    Exploration & Production

    Oil exploration company Cobalt International Energy and drilling contractor Rowan Companies have agreed to amend a drilling contract for one of Rowan’s drillships allowing for an early termination.  Cobalt said on Thursday it has entered into an amendment to its drilling contract with Rowan (UK) Reliance Limited, an affiliate of Rowan Companies, which provides for the […]

  • 29 October 2015
    Business & Finance

    Korean shipbuilding company Samsung Heavy Industries (SHI) has been hit with a drillship cancellation by floating-rig drilling contractor Pacific Drilling S.A. The decision stems from the SHI’s failure to timely deliver ultra-deepwater drillship Pacific Zonda, the company said. “Pacific Drilling has exercised its right to rescind the construction contract for ultra-deepwater drillship Pacific Zonda due […]

  • 29 November 2012
    Business & Finance, Project & Tenders

    Sembcorp Marine Ltd, through Jurong Offshore Pte Ltd’s wholly-owned subsidiary, has secured a drillship contract worth US$806.4 million from Sete Brasil Participacǒes S.A. (Sete Brasil), for the design and construction of a drillship based on Jurong Shipyard’s proprietary Jurong Espadon drillship design. This is the 7th unit of a series of drillships that Sembcorp Marine’s […]

  • 25 September 2013

    Inocean has been awarded the contract for the Concept Design and option for FEED (Front End Engineering Design) for the Statoil CAT I Drillship. “The most important contract for Inocean ever,” says Jon Erik Borgen, CEO of Inocean. “Being developed for arctic operations, we are probably speaking of the most advanced and sophisticated unit evolved within […]