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Exploration & Production

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Fossil EnergyBusiness & FinanceEquipment
Report: Eni moving drillship to Morocco after Turkish navy ‘threatens force’ in Cyprus
Exploration & Production

Report: Eni moving drillship to Morocco after Turkish navy ‘threatens force’ in Cyprus

Turkish navy on Friday reportedly threatened to use force against Eni-operated Saipem 12000 drillship, after the rig’s captain tried to move the drillship to the Block 3 offshore Cyprus.

about 8 years ago
Ensco fleet keeping busy with plenty of new contracts
Exploration & Production

Ensco fleet keeping busy with plenty of new contracts

UK-based offshore drilling giant Ensco, which further expanded its rig fleet through an acquisition of the U.S.-based rival Atwood Oceanics, on Tuesday released its quarterly fleet status report, revealing a number of new contracts and extensions for its fleet.

about 8 years ago
Deepsea Stavanger rig set for work on Skarv field
Exploration & Production

Deepsea Stavanger rig set for work on Skarv field

AkerBP has received consent from the PSA to use the Deepsea Stavanger rig for workover and recompletion of wells on the Skarv field.

about 8 years ago
Bassoe: Borr wakes up to reality and becomes a real company
Exploration & Production

Bassoe: Borr wakes up to reality and becomes a real company

With their acquisition of Paragon Offshore, Borr Drilling isn’t just a cool feat of financially-engineered asset playing anymore. They’re a real drilling contractor.

about 8 years ago
Borr makes a move to take over Paragon Offshore
Exploration & Production

Borr makes a move to take over Paragon Offshore

Borr Drilling has made a binding tender agreement to offer to purchase all outstanding shares in Paragon Offshore.

about 8 years ago
Statoil cleared to use Songa Cat D rig duo for Troll work
Exploration & Production

Statoil cleared to use Songa Cat D rig duo for Troll work

Norway’s Statoil has received consent from the PSA for work on two wells on the Troll field using two Songa Offshore-owned Cat D drilling rigs.

about 8 years ago
Ocean Rig CEO: Rig inquiries rising, but worst not over
Exploration & Production

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

about 8 years ago
Wärtsilä cuts thruster exchange time on Maersk rigs
Exploration & Production

Wärtsilä cuts thruster exchange time on Maersk rigs

Finland’s Wärtsilä and the Danish drilling contractor Maersk Drilling have teamed up to create a 25-year thruster maintenance strategy for Maersk’s three semi-submersible rigs and four drillships.

about 8 years ago
Transocean piles up more rig work as new drillship starts Shell gig
Exploration & Production

Transocean piles up more rig work as new drillship starts Shell gig

Transocean has won a number of new contract awards for its drilling fleet consisting of drillships and semi-subs with emphasis on a long-term gig with Shell for one of its drillship.

about 8 years ago
No dayrate for Transocean rig until repair works are done
Exploration & Production

No dayrate for Transocean rig until repair works are done

Contract backlog for offshore driller Transocean has been reduced due to changes in the drilling contract for one of its drilling rigs.

about 8 years ago
Another rig deal slips through Awilco’s fingers
Exploration & Production

Another rig deal slips through Awilco’s fingers

Awilco Drilling has lost an opportunity for a potential contract for its only active rig as an unnamed operator no longer plans to run the drilling campaign for which the rig was hired.

about 8 years ago
Awilco finds another job for WilPhoenix as Alpha deal falls through
Exploration & Production

Awilco finds another job for WilPhoenix as Alpha deal falls through

Talks between UK-based offshore driller Awilco Drilling and oil company Alpha Petroleum related to the hire of the WilPhoenix rig have come to naught but Awilco has found another operator interested in hiring the rig.

about 8 years ago
Nexen takes Stena rig for North Sea drilling campaign
Exploration & Production

Nexen takes Stena rig for North Sea drilling campaign

Offshore driller Stena Drilling has signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey drilling rig.

about 8 years ago
Diamond Offshore scoops new rig deals
Exploration & Production

Diamond Offshore scoops new rig deals

Houston-based offshore driller Diamond Offshore has won several new contracts for its drilling rigs.

about 8 years ago
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