1444 results found for 'seadrill'

1444 results found for 'seadrill'
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  • 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.

  • 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, […]

  • Top Videos of 2015

    30 December 2015
    Business & Finance

    Subsea World News has put together a recap of the most interesting videos of 2015.  Top videos include vessel launching ceremonies, naming ceremonies, the introduction of the first subsea gas compression facility. Top 10 videos of the year were: SSV Maersk Connector Launched at Damen Senior representatives of Maersk Supply Service, DeepOcean UK and the Damen Shipyards […]

  • 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.

  • Rolls-Royce delivers its 1000th thruster for drillship newbuild

    6 May 2015
    Business & Finance, Equipment, Exploration & Production

    Rolls-Royce has just delivered its 1000th UUC underwater mountable thruster. It is the third unit in a series of six being installed on Seadrill’s new mobile drilling ship currently under construction at Samsung Heavy Industries in Korea. John Knudsen, Rolls-Royce, President – Commercial Marine said: “While we are proud of this achievement, the true significance […]

  • Shelf Drilling CEO: Rising rig demand in Asia to propel day rates to new heights

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

    Shelf Drilling has boosted its backlog further during the first quarter of 2023, despite experiencing a sequential decline in revenue.

  • 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.

  • Denmark: Aker H6 Drilling Rigs Use Integrated Milestone Video Surveillance

    11 November 2010
    Business & Finance, Equipment

    Aker Solutions advanced H6 drilling rigs use integrated Milestone video surveillance for state-of-the-art operational control in harsh environments. Aker Solutions is building model H-6e drilling rigs, the latest-generation of semisubmersible platforms specially designed to conquer the challenges of deepwater drilling operations in harsh environments. They include the Aker Solutions MH DrillView™ system for optimal monitoring […]

  • Bassoe: Whatcha gonna do with all those rigs, China?

    6 December 2018
    Exploration & Production

    There’s still over 50 newbuild jackups stranded in Chinese shipyards. It’s the end of 2018, and nobody knows when or how many of those rigs are coming to the market.

  • Saudi Aramco to spend $40B annually over next decade

    26 August 2014

    Saudi Aramco, a national oil and gas company of Saudi Arabia, plans to invest $40 billion annually over the next ten years, the company’s CEO said at an industry conference. Speaking at the ONS 2014 conference in Stavanger, Norway, the company’s CEO Khalid A. Al-Falih, touched both, the bearish and bullish sides the oil & […]

  • Rystad Energy: Top wildcat wells to watch this year

    19 February 2019

    Several wildcat wells planned for 2019 have the potential to be “elephant” finds, according to Norwegian oil and gas intelligence firm Rystad Energy.

  • With multiple upcoming deals in the bag, sea of opportunities for Transocean’s rig fleet still ‘robust’

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

    Offshore drilling contractor Transocean has expanded its contract backlog with multiple new deals during the second quarter of 2023.

  • LLOG sets sights on developing six Gulf of Mexico projects by 2018 end

    27 September 2017
    Project & Tenders

    LLOG Exploration Company L.L.C, a privately-owned E&P company focused on the deepwater Gulf of Mexico, has informed of its plans to develop six operated projects following a successful 2016 and 2017 exploration program. LLOG said on Tuesday that the company would bring online nine new deepwater oil wells by the end of 2018. Namely, one […]

  • Osprey Explorer En Route to West Africa

    15 February 2013

    SeaBird Exploration’s seismic vessel Osprey Explorer has been awarded a contract with estimated duration of about 30 days in West Africa. The name of the client was not disclosed. Estimated contract value is approximately USD 2.6 million. The contract is expected to start within the next days. Osprey Explorer is currently in Las Palmas, Spain. […]

  • Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

    14 May 2025
    Business & Finance, Business Developments & Projects

    Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2025.

  • Another offshore gas discovery pops up in Southeast Asia

    13 May 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Abu Dhabi-headquartered energy company Mubadala Energy has made a new gas discovery offshore North Sumatra, Indonesia.

  • Greening offshore drilling: Rigs powered by alternative fuels in pursuit of low-emission era

    2 January 2025
    Automation, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Environment, Exploration & Production, Infrastructure, IT & Software, Market Outlooks, Outlook & Strategy, Regulation & Policy, Research & Development, Technology, Transition

    As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the motors, rig owners are exploring ways to harness low-carbon and green alternatives. In this fast-changing landscape, which fuel will dominate the rig market and power offshore drilling rigs in the years ahead?

  • Seatricity to Redeploy Oceanus 2

    3 April 2015
    Research & Development, Technology

    Seatricity will redeploy its Oceanus 2 Wave Energy Convertor at Wave Hub following the winter refit. Over the next few days, a patented hydraulic pump which was stripped down over the winter for component analysis, will be reassembled at The Cylinder Service Center Ltd of Washington, Tyne & Wear, and is expected to return to […]