1430 results found for 'seadrill'

1430 results found for 'seadrill'
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  • COPL starts drilling campaign and expands interest in West Africa.

    31 March 2014
    Business & Finance

    Canadian Overseas Petroleum Limited, the offshore West Africa focused oil and gas exploration and development company, has provided a corporate and operational update. London Listing COPL has received approval from the UK Listing Authority for the publication of a prospectus relating to its admission to the standard listing segment of the Official List, and to […]

  • Pacific Drilling improves in first quarter but expects challenging times ahead

    8 May 2020
    Business & Finance, Business Developments & Projects

    Despite posting a loss in the first quarter of the year, offshore drilling contractor Pacific Drilling has had an overall better first quarter than the one in the year prior, but the company is preparing itself for ‘challenging times’ ahead.

  • Equinor gearing up for exploration campaign in Canada to boost Bay du Nord resources

    15 April 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Project & Tenders, Regulation & Policy, Vessels

    Norway’s Equinor is mobilising to drill two exploration wells in waters offshore Canada, which could add to its Bay du Nord offshore project development.

  • Tight jack-up supply fuels Borr Drilling’s hopes of new prospects for its rig fleet

    23 May 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Borr Drilling has recorded strong financial and operational performance during the first quarter of 2023 with a sequential boost in revenue.

  • Three rigs to change hands as Vantage and ADES take their relationship to the next level

    22 December 2021
    Business & Finance, Business Developments & Projects, Collaboration

    Vantage Drilling and ADES are taking their relationship to the next level following an agreement under which Vantage will sell three of its jack-ups to ADES.

  • Borr launches tender offer for Paragon Offshore shares

    27 February 2018
    Exploration & Production

    Norway’s Borr Drilling has officially launched its tender offer to buy all outstanding Paragon Offshore shares. The tender offer announcement released on Monday follows last week’s news that Borr Drilling had signed a binding tender deal to offer to purchase Paragon Offshore, in a move to consolidate the jack-up drilling market. The offer of $42.28 […]

  • Bassoe – A good year turned bad: offshore rig backlog fell in 2018

    21 December 2018
    Exploration & Production

    By: David Carter Shinn, Bassoe Offshore You could say offshore rig owners dug themselves a deeper hole, but that could be misleading. We’ll sum this up quickly. About six months ago, things were looking pretty good for the offshore rig market (at least on the surface). Momentum (and positive sentiment) was building on the back of more […]

  • GALLERY: Greenpeace activists climb West Hercules rig ahead of Equinor drilling plans

    29 April 2019
    Exploration & Production

    Four Greenpeace activists have climbed the West Hercules drilling rig, located near Rypefjord village in the north of Norway, and bound to drill in the Barents Sea for Equinor. 

  • New gigs for Diamond rigs in North Sea, Gulf of Mexico, and Australia

    10 August 2022
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Offshore drilling contractor Diamond Offshore has secured new work for its rigs in the North Sea, Australia, and the Gulf of Mexico.

  • Keppel Delivers Alpha Star Rig to Brazil Record 4 Months Ahead of Schedule

    29 March 2011
    Business & Finance

      The DSSTM 38 ultra deepwater semisubmersible rig was delivered a record four months ahead of schedule. Keppel FELS Limited (Keppel FELS) has delivered Alpha Star, the second of two DSSTM 38 semisubmersible rigs, to Brazil’s Queiroz Galvão Óleo e Gás (QGOG) four months ahead of schedule and with zero lost time incidents. This continues […]

  • Rig market, oil & gas mergers and JV blockbuster moves mark 2024

    2 January 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Transition

    A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top contenders with a long market life span to benefit from a spike in global energy demand.

  • CIMB: Keppel, Sembarine Could Win $3.6bn in Jack-Up Rig Orders in 2014

    3 October 2013

    CIMB Research has announced that high utilisation and day rates will continue to boost jack-up rigs orders. Keppel and Sembmarine can snatch up to US$3.6bn worth of contracts in 2014 as PEMEX and Transocean are launching tenders for 10 units of jack-up rigs each, for delivery in 2017-20. Keppel (KEP) may have the upper hand as PEMEX and Transocean […]

  • Bahamas Petroleum sets new spud date as Stena picks rig for offshore well

    25 September 2020
    Business & Finance, Business Developments & Projects, Exploration & Production

    Offshore drilling contractor Stena Drilling has nominated a drillship to drill an exploration well offshore The Bahamas for Bahamas Petroleum Company (BPC).

  • Turkey awaits arrival of fourth drillship to prepare for next drilling mission

    13 May 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Turkey’s latest drillship, bought last year from a South Korean shipyard, is set to join three other drillships as the country is working to develop its gas resources amid a growing need for the security of supply.

  • Transocean told to iron out the kinks at Transocean Norge rig ahead of Equinor contract

    4 July 2019
    Exploration & Production

    The PSA has found irregularities during an audit related to an application for an Acknowledgment of Compliance for the Transocean Norge mobile drilling rig.

  • Faroe Islands: Results of Anne Marie Exploration Well and Operational Update on Lagavulin Exploration Well

    1 November 2010
    Project & Tenders

    Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announce the results of drilling on the Anne Marie exploration prospect (Faroe Petroleum 12.5%), located offshore in Licence 005 in the Faroe Islands, and provide an operational update on […]

  • Investors throwing money at offshore rig deals, and the deals look promising

    24 March 2017
    Exploration & Production

    Trøim and Fredriksen go all in on rig purchases while droves of investors look to jump on for the ride. If the market continues its recovery, they’ll do well. By David Carter Shinn Since last week, there have been two offshore rig transactions involving 17 rigs. Some of the details are still not public, but […]

  • Odfjell Drilling mulls splitting into two groups to think beyond core services

    31 January 2022
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Rules & Regulation, Technology, Transition

    Odfjell Drilling is contemplating spinning off its Well Services and Energy segments into a newly established company and list it on Oslo.

  • UK: Ensco Attains Top Ranking among Offshore Drilling Contractors, Research Says

    8 March 2011
    Business & Finance

      Led by strong category and overall satisfaction ratings for segment leader Ensco, offshore contract drillers, bucking an industry-wide trend, registered an adjusted 2.4% increase in EnergyPoint Research’s Contract Drilling Customer Satisfaction Survey in 2010. The stronger ratings were helped by greater availability for certain types of offshore rigs, a moderation in day rates during […]

  • Offshore Engineering Global and China Marine Industry Report Available

    21 December 2011

    Reportlinker announced that the new market research report is available. The skyrocketing oil price during 2007-2008 sparked globally investment fever in marine engineering industry. However, from 2009 onwards, seeing globally economic recession and sluggish demand, many small and medium-sized marine engineering enterprises have taken a heavy toll on revenue in the wake of the nosedive […]

  • Offshore rig market shakeup will be like nothing we’ve seen before

    6 July 2017
    Exploration & Production

    As the “lower for longer” outlook keeps getting longer, some rig owners are setting the scene for a major restructuring in the offshore drilling industry. By David Carter Shinn Within a reasonable timeframe, rig dayrates, especially for deepwater drilling rigs, won’t increase from current cash break-even levels. Rig asset values are at less than 50% […]

  • Sevan Drilling hikes 2Q profit. ‘Sevan Developer’ decision coming up

    27 August 2015
    Exploration & Production

    Sevan Drilling Limited, an international drilling contractor specializing in the ultra deepwater segment, on Thursday posted a rise in net profit for the second quarter of 2015 when compared to the same period last year. Namely, Sevan reported a net profit of $13.7 million in Q2 2015 compared to $9.2 million in Q2 2014. According […]

  • Rig deals lift Transocean’s total backlog to $8.6 billion

    19 April 2023
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Transocean has tucked under its belt new contracts and extensions in Norway and Australia for four rigs in its drilling fleet, raising its total contract backlog to $8.6 billion.

  • WATCH: Transocean rig comes to Southeastern Europe for 540-day drilling gig on €4 billion gas project

    18 November 2024
    Business & Finance, Business Developments & Projects

    Transocean is expected to kick off drilling activities in the Black Sea next year, after one of its semi-submersible rigs, which was hired for a gas project off the coast of Romania, arrived in Constanta.

  • Brazil-bound seven-gen drillship all set for inaugural drilling job with Petrobras (Gallery)

    8 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    With upgrades and sea trials now out of the way, a newbuild ultra-deepwater drillship is ready to embark on a voyage to Brazil, where it will begin its maiden offshore drilling assignment with the South American country’s energy giant Petrobras. Once Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors, […]