1430 results found for 'seadrill'

1430 results found for 'seadrill'
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  • Singapore: Jurong Shipyard Delivers West Elara Jack-Up Rig to North Atlantic Drilling

    9 August 2011
    Business & Finance

    North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Jurong Shipyard in Singapore. The rig is expected to depart Singapore on August 11th and arrive at Westcon Shipyard in Ølen, Norway in early October in order to undertake […]

  • Origin Energy hires rig for Yolla field drilling

    1 April 2014

    Origin Energy Limited (Origin), as operator of the BassGas Joint Venture, today announced that Seadrill Australia Pte Ltd (Seadrill) has been contracted to provide the drilling rig for the project’s upcoming work program in Bass Strait’s Yolla gas field. The West Telesto drilling rig is expected to be mobilised during the 2014/15 Australian summer to drill the Yolla-5 and […]

  • BassGas JV Secures Rig for Yolla Field Drilling Program

    1 April 2014

    Origin Energy, the operator of the BassGas Joint Venture, said that Seadrill Australia has been contracted to provide the drilling rig for the project’s upcoming work program in Bass Strait’s Yolla gas field. The West Telesto drilling rig is expected to be mobilised during the 2014/15 Australian summer to drill the Yolla-5 and Yolla-6 wells […]

  • Trelleborg Supplies Drill Riser Buoyancy Modules to DSME

    28 March 2014
    Business & Finance, Equipment, Project & Tenders

    Trelleborg’s offshore operation has been awarded one of its largest single orders for drill riser buoyancy modules (DRBM), by one of the world’s major shipbuilders, Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Consisting of RiserGuard™ and riser buoyancy, the contract is for a four-rig package which will initially consist of two rigs each, for […]

  • Trelleborg to provide DSME with drill riser buoyancy modules

    28 March 2014
    Business & Finance, Equipment

    Trelleborg’s offshore operation has been awarded one of its largest single orders for drill riser buoyancy modules (DRBM), by one of the world’s major shipbuilders, Daewoo Shipbuilding & Marine Engineering (DSME) in Korea. Consisting of RiserGuard™ and riser buoyancy, the contract is for a four-rig package which will initially consist of two rigs each, for […]

  • Singapore: Jurong Shipyard Delivers West Elara Jack-Up Rig to North Atlantic Drilling Ltd

    9 August 2011
    Business & Finance

    North Atlantic Drilling Ltd., in which Seadrill has a 75 percent ownership, has taken delivery of the new harsh environment jack-up drilling rig, West Elara from Jurong Shipyard in Singapore. The rig is expected to depart Singapore on August 11th and arrive at Westcon Shipyard in Ølen, Norway in early October in order to undertake […]

  • Statoil: Rig for Troll/Sleipner chartered

    18 June 2006

    Statoil has signed a contract with the rig company Seadrill for the chartering of the West Epsilon jack-up rig from November 2006. The rig will be used for exploration and production drilling in the Troll/Sleipner area in the North Sea.

  • BPC cuts cost estimate for its maiden Bahamas well. Funding yet to be secured

    27 September 2019
    Exploration & Production, Project & Tenders

    Bahamas Petroleum Company has further cut the estimated cost of its upcoming exploration well in the Bahamas, as it is working to secure the cash needed for drilling.

  • New assignment for Aquadrill drillship in Indonesia

    23 November 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Aquadrill and Vantage Holdings’ subsidiary have reached an agreement to provide a 6th generation drillship for operations in Indonesia.

  • Dismissals ahead as ‘West Elara’ contract end comes near

    7 December 2016
    Exploration & Production

    Sodexo will reportedly reduce its offshore cleaning and canteen staff in Norway after the jack-up rig West Elara ends its contract with Statoil in March.  According to the Norwegian business news website, Aftenblad, the food services and facilities management company will be forced to reduce its staff by 30 after it more than halved the workforce […]

  • Seadrill, Dolphin and Borr upbeat about offshore drilling market amid strong rig demand

    17 August 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Seadrill, Dolphin, and Borr are encouraged by signs of a rig market upcycle amid strong tendering and contracting activity.

  • VesselsValue: Good position vs bad position – Observations on the recent MODU market

    23 May 2017
    Exploration & Production

      By Charlie Hockless, Senior Offshore Analyst at VesselsValue Since 2014 we’ve seen a significant decline in the oil price from 115 USD/bbl to 28 USD/bbl, with a recovery to around 50 USD/bbl (today’s price 53.86 USD/bbl). The collapse of oil pricing, reduced spend on exploration and production and the increased efficiencies in the drilling industry […]

  • Hyundai Heavy hurt by offshore rig business

    27 October 2015
    Exploration & Production

    South Korean rig builder Hyundai Heavy Industries (HHI) on Monday reported a net loss of 451.4 billion Korean won ($398 million) for the third quarter of 2015, hurt by delays in offshore projects.    The company’s sales fell to 10.9 trillion Korean Won ($9.6 billion). On a quarter-on-quarter basis, sales declined 8.7%, while operating loss […]

  • Repsol preparing for Aruba drilling in June

    25 May 2018
    Exploration & Production

    Repsol signed a $6.4 million deal to hire the drillship for the Aruba well in March this year

  • John Fredriksen firm takes interest in Valaris

    10 December 2021
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    Billionaire John Fredriksen’s Seatankers Group has acquired an interest in Seadrill’s rival offshore drilling contractor Valaris.

  • Vantage to manage another rig for Aquadrill

    26 January 2022
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.

  • Petrobras Signs Deals for 12 Rigs (Brazil)

    5 August 2012
    Business & Finance

    Petrobras on Friday, August 3,  signed contracts with Sete Brasil, Queiroz Galvão, Petroserv, Odebrecht, Odfjell and Seadrill for the chartering and operation of 12 floating drilling platforms to be built in Brazil with national content between 55 and 65%. After construction, the rigs will be chartered by Petrobras for 15 years. These 12 rigs are […]

  • Fate of two delayed ex-Seadrill drillships still uncertain but owner sees improvement in deepwater market

    28 May 2021
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders, Vessels

    Northern Drilling has no rigs in operation but it does have two new 7th generation ultra-deepwater drillships whose fate is still uncertain.

  • Aker Kvaerner awarded major drilling equipment contract

    9 February 2006

    Aker Kvaerner has signed a contract with Daewoo Shipbuilding & Marine Engineering Co. Ltd in South Korea for delivery of drilling systems for two semi-submersible drilling rigs ordered by SeaDrill. The total contract value for Aker Kvaerner is approximately NOK 930 million.

  • WATCH: PLSV SAPURA ÔNIX Naming Ceremony

    25 May 2015
    Business & Finance, Equipment, Operations & Maintenance

    The following video shows the naming ceremony of the pipelaying vessel SAPURA ÔNIX. The Sapura Ônix was launched at the Royal IHC shipyard in Krimpen aan den IJssel, near Rotterdam, in August last year. In April this year, Royal IHC named the vessel, at the same shipyard. The naming ceremony was carried out by Dahlia Abdul Aziz, […]

  • Top News of The Week, September 16 – 21, 2013

    22 September 2013

    Top News of The Week, September 16 – 21, 2013

  • Fredriksen Enters SapuraKencana Boardroom (Malaysia)

    15 May 2013

    John Fredriksen, a Norwegian-born Cypriot oil tanker and shipping tycoon, has been appointed Non Independent & Non Executive Director at Malaysia’s oil and gas services and solutions provider SapuraKencana. Fredriksen has served as Chairman of the Board, President and a Director of Seadrill Limited since its inception in May 2005.  Furthermore, Fredriksen is Chairman, President, Chief Executive […]

  • Saudi Aramco extends rig contract with AOD, slashes dayrate

    11 October 2016
    Business & Finance, Exploration & Production

    Asia Offshore Drilling Limited (AOD) has secured a drilling contract extension for a jack-up drilling rig AOD III with Saudi Aramco, off Saudi Arabia, but with a reduced dayrate.  AOD is a partnership venture between Mermaid and Seadrill where Mermaid has 3.76 percent equity stake while the other 66.24 percent equity is owned by Seadrill. In […]

  • Borr Drilling wins back compliance with NYSE listing standard

    3 July 2020
    Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    Offshore drilling contractor Borr Drilling has regained compliance with the New York Stock Exchange (NYSE) continued listing standard.

  • Well-Safe to create 100 new jobs after buying Seadrill rig for P&A projects

    14 September 2020
    Business & Finance, Business Developments & Projects, Infrastructure, Operations & Maintenance

    Well-Safe Solutions has acquired the West Epsilon jack-up rig from Seadrill sparking another job boost for the company. Namely, this move will create around 100 new jobs.