Offshore drilling contractor Seadrill has secured a three-year contract for each of the AOD II and AOD III jack-up rigs.
Shell in large Australia discovery, Exxon finds more oil fires up Liza FPSO in Guyana, Allseas drops Nord Stream 2
U.S. oil major Chevron has exercised an option for the Pacific Drilling-owned drillship Pacific Sharav, operating in the U.S. Gulf of Mexico.
The worldwide offshore rig count in November 2019 increased by four units sequentially and 41 units year-over-year, according to reports by Baker Hughes Company.
UAE-based ADNOC Drilling will order dozens of drilling rigs by 2025.
IMI, a JV company between Lamprell, Saudi Aramco, Bahri, and Hyundai Heavy Industries, has announced the name for the GustoMSC-design jack-up rig which is expected to be built in 2021. The offshore oil and gas drilling rig will be named “IMI-2030.”
The worldwide offshore rig count in October 2019 decreased by two units sequentially, but increased by 37 units year-over-year, according to reports by Baker Hughes Company.
Masirah Oil has awarded a drilling rig contract to Foresight Offshore Drilling to use one of its jack-up rigs for an appraisal well in Block 50 in Oman.
Offshore drilling contractor Pacific Drilling has secured more work for a drillship working in the Gulf of Mexico and a new deal for a drillship in Oman.
Greek player Energean Oil and Gas has announced the successful appraisal of the Karish North discovery located offshore Israel.
Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier Oil, SapuraOMV, and Saudi Aramco.
French oil company Total has exercised a one-year option on the existing contract for the Vantage Drilling-owned jack-up rig Emerald Driller in Qatar.
Dutch offshore rig designing company GustoMSC has signed a license agreement with Saudi company International Maritime Industries (IMI).
Available assets, lack of capital, and sluggish fundamental market improvement are keeping rig values under pressure
