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Exploration & Production

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Fossil EnergyBusiness & Finance
Shelf Drilling bags three-year extension for jack-up rig
Exploration & Production

Shelf Drilling bags three-year extension for jack-up rig

Offshore drilling contractor Shelf Drilling has secured a three-year contract extension for the High Island VII jack-up rig.

about 7 years ago
Shelf Drilling wins extensions for four jack-up rigs
Exploration & Production

Shelf Drilling wins extensions for four jack-up rigs

Shelf Drilling has secured contract extensions for four of its jack-up drilling rigs.

about 7 years ago
Worldwide offshore rig count in September up 43 rigs year-over-year
Exploration & Production

Worldwide offshore rig count in September up 43 rigs year-over-year

The worldwide offshore rig count in September 2019 decreased by four units sequentially, but increased by 43 units year-over-year, according to reports by Baker Hughes, a GE company.

about 7 years ago
Lamprell: Still no firm order for ARO Drilling jack-up duo
Exploration & Production

Lamprell: Still no firm order for ARO Drilling jack-up duo

UAE-based offshore oil rig builder Lamprell has yet to receive a firm order for the construction two jack-up rigs for which it signed a letter of intent in December 2018.

about 7 years ago
Baker Hughes sees Y-o-Y increase in worldwide offshore rig count
Exploration & Production

Baker Hughes sees Y-o-Y increase in worldwide offshore rig count

The worldwide offshore rig count in August 2019 decreased by ten units sequentially, but increased by 41 unit year-over-year, according to reports by Baker Hughes, a GE company.

about 7 years ago
Noble Corp. secures more work for jack-up rigs
Exploration & Production

Noble Corp. secures more work for jack-up rigs

Offshore drilling contractor Noble Corporation has secured more work for its jack-up rigs in the Middle East and Australia.

about 7 years ago
Northern Offshore to bring stacked rig back following long-term contract award
Exploration & Production

Northern Offshore to bring stacked rig back following long-term contract award

Northern Offshore has received a firm letter of award for the high-specification jack-up drilling unit Energy Emerger for work offshore Abu Dhabi in the United Arab Emirates.

about 7 years ago
Shallow water is the place to be, Borr Drilling says
Exploration & Production

Shallow water is the place to be, Borr Drilling says

Borr Drilling expects 40 jack-up deals to be awarded in the next 12 months.

about 7 years ago
GMS CEO quits after guidance reset
Exploration & Production

GMS CEO quits after guidance reset

Offshore oilfield contractor Gulf Marine Services’ (GMS) chief executive officer Duncan Anderson has resigned as the company now expects lower 2019 earnings compared to 2018.

about 7 years ago
Seadrill teams up with Gulf Drilling for Qatar Petroleum contract
Exploration & Production

Seadrill teams up with Gulf Drilling for Qatar Petroleum contract

Seadrill Limited has entered into a joint venture with Gulf Drilling International (GDI) following a recent contract award to GDI by Qatar Petroleum. Last May, Qatar Petroleum awarded contracts for a total of eight offshore jack-up drilling rigs required for the North Field Expansion (NFE) Project o

about 7 years ago
Worldwide offshore rig count in July up 45 rigs year-over-year
Exploration & Production

Worldwide offshore rig count in July up 45 rigs year-over-year

The worldwide offshore rig count in July 2019 went up by 10 units compared to June, and 45 year over year, according to monthly rig count reports by Baker Hughes, a GE company.

about 7 years ago
Shelf Drilling narrows loss, adds $343 million to backlog
Exploration & Production

Shelf Drilling narrows loss, adds $343 million to backlog

Shelf Drilling reduced its net loss in the second quarter of 2019 and added $343 million to its contract backlog since the beginning of April 2019.

about 7 years ago
Egypt: Merak well comes up dry for Dana Gas
Exploration & Production

Egypt: Merak well comes up dry for Dana Gas

Dana Gas has completed drilling operations at its Merak-1 well located offshore Egypt, but failed to find commercial hydrocarbons.

about 7 years ago
Japanese rig duo extends stay at Qatar’s largest offshore oil field
Exploration & Production

Japanese rig duo extends stay at Qatar’s largest offshore oil field

Qatari North Oil Company (NOC) has extended drilling contracts for a Japanese drilling rig duo at the giant Al Shaheen offshore oil field in Qatar.

about 7 years ago
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