1460 results found for 'seadrill'

1460 results found for 'seadrill'
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  • 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.

  • 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.

  • 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.

  • 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 […]

  • 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 […]

  • 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.

  • 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.

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

    22 September 2013

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

  • 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.

  • 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 […]

  • 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 […]

  • 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, […]

  • 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.

  • Competing for Petrobras deal

    13 August 2010

    Seadrill and Odfjell are competing for a Petrobras deal. Petrobras is considering offers for the drilling capacity at the Papa Terra field offshore Brazil, which were delivered this week. Aban Offshore has already bagged a five year deal for Aban Abraham, but many companies are competing for a similar deal, says Upstream according to TDN […]

  • 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 […]

  • Petrobras gets hold of additional source of funds with $5 billion credit line

    17 December 2021
    Business & Finance, Business Developments & Projects

    Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 billion, maturing in December 2026.

  • 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.

  • Half of the Oil and Gas Workforce Globally Could Retire by 2015, Warns Former SVP HR, Seadrill

    15 March 2013

    HR faces big challenges in the oil and gas industry due to an ageing working force and huge skill shortages, according to Derek Massie, former SVP HR at deepwater drilling company, Seadrill.

  • Nod for Equinor to use West Hercules rig on North Sea pilot hole

    16 January 2020
    Exploration & Production

    Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the North Sea using the West Hercules drilling rig.

  • VIDEO: Rough landing for CHC helicopter offshore Brazil

    18 April 2017

    A video has emerged over the weekend showing a CHC helicopter if not crashing, then experiencing a rough landing aboard a helideck of the Sevan Brasil drilling rig. Offshore Energy Today reached out to CHC, seeking confirmation and more info. This is what CHC said in an email: “We can confirm that on April 15, […]

  • Top News of the Week of June 09 – Jun 15, 2014

    15 June 2014
    Business & Finance

    1. Fugro’s Survey Vessel to Support Search for Flight MH370 The Australian Transport Safety Bureau (ATSB) has awarded Fugro a contract that will see the deployment of its specialist vessel, equipment and expertise in the underwater search for the missing Malaysia Airlines flight MH370. 2. Seadrill Bags ‘West Jupiter’ Drillship Contract from Total Seadrill Limited […]

  • Keppel Delivers New‐Build Jack‐Up Rig to AOD (Singapore)

    18 July 2013
    Business & Finance

    Mermaid Maritime Public Company Limited announced that Asia Offshore Drilling Limited (“AOD”), an associate company, has taken delivery of its third new‐build jack‐up rig,  ʹAOD IIIʹ, from Singapore‐based builder Keppel FELS Ltd. The Company founded AOD in 2010 and currently holds a 33.76% stake in the venture. Seadrill is AOD’s manager and owns 66.23% of its shares. ʹAOD […]