Sirius Petroleum now expects to spud the Ororo-2 well in Nigeria “during the summer,” months after the originally anticipated April 2018 date. The delay was caused following rig delays by China’s drilling contractor COSL.
Many of you, if at all interested in offshore drilling – reading this on Offshore Energy Today means that you are – have probably heard the name, David Carter Shinn.
The need for consolidation among offshore rig owners is just as dire as it’s ever been.
ADES International, a provider of offshore and onshore oil and gas drilling and production services, has secured a new loan from a Saudi bank to finance the acquisition of three jack-ups from Nabors.
Borr raises $350 million in a matter of minutes as it takes a new bite out of the distressed asset fleet.
Where next for jack-up rates?
Noble Corporation has been awarded new drilling contracts in the North Sea and Middle East region for two of its jack-up rigs.
Energy intelligence group Westwood feels that now is the best time to explore for oil and gas in the last decade.
With a clear strategy and commitment to execution, Northern Drilling is shrewdly maneuvering through the distressed offshore rig world.
The international offshore rig count was up by 6 rigs sequentially but down by 7 year-over-year, according to April 2018 rig count reports released by Baker Hughes, a GE company, on Monday. Baker Hughes’ international rig count includes land and offshore rigs from Latin America, Europe, Africa, Midd
Offshore drilling company Noble Corp. is seeing improvement in the offshore rig market, with the jack-up rig market driving the demand uptick.
Lamprell has completed an upgrade to the mobile operating unit Haven as an accommodation rig to be used on Statoil’s Johan Sverdrup project offshore Norway.
U.S. offshore driller Rowan will lease four of its idle jack-up rigs to ARO Drilling to fulfill four three-year contracts that ARO Drilling has been awarded by Saudi Aramco. Rowan President and Chief Executive Officer Tom Burke said the company’s partnership with Saudi Aramco in ARO Drilling and Row
The drillship market has sucked for years. Now it’s getting interesting.
