Overview page containing news articles

Ocean Rig

List of the highlighted articles

Posted: over 2 years ago

Tullow preparing for Namibian wildcat after securing rig

Tullow Oil has secured an Ocean Rig-owned drillship and  drilling preparations are well underway for...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Ocean Rig lands new gig for Poseidon drillship

Ocean Rig has signed a new drilling contract with Tullow Namibia for a one-well drilling program plu...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Ocean Rig CEO: Rig inquiries rising, but worst not over

The bottom of the market appears to have passed but 2018 will still be a tough year ...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Offshore safety body finds irregularities on Leiv Eiriksson rig

The PSA has found seven non-conformities and six improvement points during an audit of the Leiv Eiri...

Categories:
  • Exploration & Production
Posted: over 2 years ago
Posted: over 2 years ago

Ocean Rig in management shake-up following restructuring

Offshore driller Ocean rig has made several major management changes, following completion of financ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 3 years ago

Ocean Rig drillship to work for Statoil off Tanzania

Ocean Rig, an international offshore driller, has signed a drilling contract with Statoil for a one-...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig in compliance with Nasdaq listing requirements following restructuring

Offshore driller Ocean Rig has demonstrated compliance with all applicable requirements for the cont...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig completes debt restructuring. Lenders to name directors

Ultra-deepwater drilling company Ocean Rig has informed that it has completed its debt restructuring...

Posted: over 3 years ago
Posted: over 3 years ago

U.S. court gives full force to Ocean Rig’s Cayman debt restructuring schemes

A U.S. Bankruptcy Court has issued and order giving full force in the U.S. to Ocean Rig’s debt...

Categories:
  • Equipment
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig in 1-for-9200 reverse share split

Offshore drilling company Ocean Rig on Wednesday announced a reverse stock split of 1-for-9200 commo...

Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig’s Cayman Islands bankruptcy granted recognition by U.S. court

The U.S. Bankruptcy Court has granted recognition of Cayman proceedings as foreign main proceedings ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig to meet with creditors over 3.7B debt restructuring

Heavily indebted offshore dilling company Ocean Rig, is set to convene meetings with creditors hopin...

Categories:
  • Equipment
Posted: over 3 years ago
Posted: over 3 years ago

Lundin extends contract for Ocean Rig semi-sub

Oil company Lundin Norway has declared its third option to extend the existing contract of the Ocean...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig to continue trading on Nasdaq

Embattled Greek offshore deepwater driller, Ocean Rig, will continue trading shares on the American ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

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

  By Charlie Hockless, Senior Offshore Analyst at VesselsValue Since 2014 we’ve seen a signific...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

Creditors back Ocean Rig’s financial restructuring

Offshore driller Ocean Rig has gained an approval from 75 percent of its creditors for its financial...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig faces Nasdaq delisting

Following its Chapter 15 filing amid a prolonged downturn in the offshore drilling market, deepwater...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

VesselsValue: Ocean Rig’s fleet value fell 40% in one year

Following a bankruptcy protection filing by the offshore driller Ocean Rig, VesselsValue (VV) has pr...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig files for bankruptcy protection

Offshore driller Ocean Rig has filed for Chapter 15 bankruptcy protection in a United States court a...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig cleaning up its act in social dumping case

Offshore driller Ocean Rig has reached an agreement with the Norwegian offshore workers’ union, Indu...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig gets drillship termination from ConocoPhillips

Offshore driller Ocean Rig has received a contract termination for one of its drilling rigs and reac...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

Rig impairments drag Ocean Rig deeper into red

Offshore deepwater drilling services provider Ocean Rig on Wednesday posted a massive, deeper net lo...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Norwegian union slams offshore driller for cheap labor use

Norwegian offshore workers’ union Industri Energi has discovered social dumping on the Ocean R...

Categories:
  • Exploration & Production
Posted: over 3 years ago
Posted: over 3 years ago

Ocean Rig mulls restructuring move

Offshore deepwater drilling services provider Ocean Rig UDW is considering a restructuring move amid...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 4 years ago

Ocean Rig loses drillship

Struggling offshore driller Ocean Rig UDW has amended its credit facility signed with DNB Bank in Fe...

Posted: over 4 years ago
Posted: over 4 years ago

Ocean Rig delays drillship deliveries. Expects market to worsen

Ocean Rig UDW, an offshore drilling company, has reached an agreement with Samsung Heavy Industries ...

Categories:
  • Exploration & Production
Posted: over 4 years ago