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Exploration & Production

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Fossil EnergyBusiness & FinanceEquipment
World’s largest jack-up operator says demand growing
Exploration & Production

World’s largest jack-up operator says demand growing

Shelf Drilling, which describes itself as world’s largest offshore jack-up rig owner, has seen an uptick in jack-up rig utilization this year and expects rig demand to pick-up.

about 8 years ago
Bassoe: Saudi Arabia goes full throttle in offshore drilling spree
Exploration & Production

Bassoe: Saudi Arabia goes full throttle in offshore drilling spree

Saudi Aramco just gave the jack-up market a shot of adrenaline. Rig owners should be loving what they’re seeing.

about 8 years ago
International offshore rig count rises in July
Exploration & Production

International offshore rig count rises in July

The international offshore rig count for July 2018 increased both sequentially and year-over-year, according to a monthly report issued on Tuesday by Baker Hughes, a GE company.

about 8 years ago
Shelf completes rig deal with Diamond
Exploration & Production

Shelf completes rig deal with Diamond

Shelf Drilling has completed the purchase of the Ocean Scepter jack-up rig from Diamond Offshore.

about 8 years ago
Rowan clinches new rig deals
Exploration & Production

Rowan clinches new rig deals

Rowan Companies is keeping its rigs busy with contracts in the U.S. Gulf of Mexico, off the UK, and in the Middle East region.

about 8 years ago
Eni wins Most-Admired Explorer title
Exploration & Production

Eni wins Most-Admired Explorer title

Italian oil and gas giant Eni has won Wood Mackenzie’s Most-Admired Explorer title, an accolade awarded in conjunction with Wood Mackenzie’s industry-leading annual Exploration Survey. This is the third time in a row Eni has won the award.

about 8 years ago
Report: GDI, Seadrill in West Tucana rig deal
Exploration & Production

Report: GDI, Seadrill in West Tucana rig deal

Qatar’s Gulf Drilling International and Norway’s Seadrill have reportedly signed an agreement for the utilization of the jack-up drilling rig “West Tucana.”

about 8 years ago
Energean OKs Karish exploration well. To use Stena drillship
Exploration & Production

Energean OKs Karish exploration well. To use Stena drillship

Greek oil company Energean will drill an exploration well in the Karish North prospect, offshore Israel, with a planned spud date before end-March 2019.

about 8 years ago
Bassoe: This is why jackup rig dayrates will double
Exploration & Production

Bassoe: This is why jackup rig dayrates will double

Let the newbuilds come. The jackup market is far from oversupplied.

about 8 years ago
Dubai-based driller gets green light for Oslo listing
Exploration & Production

Dubai-based driller gets green light for Oslo listing

Dubai-based shallow-water drilling Shelf Drilling is set to get listed on the Oslo stock exchange (Oslo Børs)

about 8 years ago
Rowan leases another jack-up to ARO for Saudi gig
Exploration & Production

Rowan leases another jack-up to ARO for Saudi gig

Rowan Companies has leased one of its jack-up drilling rigs to its joint venture with Saudi Aramco.

about 8 years ago
ADES closes rig deal with Nabors
Exploration & Production

ADES closes rig deal with Nabors

ADES International has completed the acquisition of three offshore jack-up rigs in the Arabian Gulf from Nabors Industries.

about 8 years ago
Noble David Tinsley jack-up rig sold
Exploration & Production

Noble David Tinsley jack-up rig sold

Offshore Driller Noble Corporation has sold its Noble David Tinsley jack-up rig.

about 8 years ago
BHGE: International offshore rig count down to 198 units
Exploration & Production

BHGE: International offshore rig count down to 198 units

The international offshore rig count for May dropped by four units when compared to the same period last year.

about 8 years ago
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