Lamprell is on track to complete the upgrade of the Master Marine-owned Haven accommodation rig during 2Q 2018.
Lamprell expects its 2017 revenue guidance to be at the lower end of the previously expected amount. The company is sticking to its previous guidance for 2018 and expects no growth until 2019.
Japanese offshore drilling company JDC has informed that two of its drilling rigs have started drilling operations for clients in the Middle East and Malaysia.
ADES rigs keep working offshore Egypt
The international offshore rig count for the last month of 2017 increased sequentially but dropped on a year-over-year basis, according to monthly rig count reports by Baker Hughes, a GE company.
The theme for 2017 was perseverance. For 2018, it’s adaptation.
Offshore driller Rowan Companies has bought two jack-up drilling rigs from Petrobras for a total of $77 million.
Global oil exploration investments in 2018 are expected to be lower than in 2018
The yard will have the capacity to build more than 11 fixed offshore platforms and four drilling rigs per year.
Offshore Energy Today has been given a permission by an analyst at Bassoe Offshore to use an infographic with 2017’s highlights from the offshore drilling market. By: David Carter Shinn Dayrate and utilization trends for offshore drilling rigs have only improved marginally this year, but a lot has s
Saipem has won a batch of contracts with a total value of about $380 million, which will see the company work offshore Angola, Norway, in the Gulf of Mexico and the Arabian Gulf.
ADES International, a London-listed provider of offshore and onshore oil and gas drilling in the Middle East and Africa, has bought three jack-up drilling rigs from Nabors Industries for $83 million. ADES International has signed the purchase and sale agreement (PSA) for the three rigs with Nabors D
Danish offshore driller Maersk Drilling is getting rid of its shareholding in Egyptian Drilling Company (EDC) to focus on offshore drilling market.
International offshore rig count for November 2017 was down by 28 rigs year-over-year, according to Baker Hughes’ reports on Thursday. The international rig count includes rigs from Latin America, Europe, Africa, Middle East, and Asia Pacific. The international rig count for November 2017 was 942, d
