Transocean has bought a 33.3% interest in the West Rigel, a newbuild harsh environment semi-submersible rig built.
With a clear strategy and commitment to execution, Northern Drilling is shrewdly maneuvering through the distressed offshore rig world.
Norwegian oil and gas explorer Wellesley Petroleum is about to begin its offshore drilling campaign in the North Sea off Norway.
UK Offshore driller Awilco Drilling is in still in talks with an unnamed client to secure work for its WilPhoenix semi-submersible drilling rig. The company hopes to seal the deal soon.
Aker BP has received consent from the PSA for exploration drilling in the North Sea using the Deepsea Stavanger rig.
John Frederiksen’s Northern Drilling has entered into agreements to buy two newbuild drillships from a South Korean shipyard with an option to buy a third drillship.
A Rowan Companies-owned jack up drilling rig has recently arrived in the Gulf of Mexico to work on GulfSlope Energy’s 2018 drilling program.
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
Mubadala Petroleum will drill two development wells as part of its Manora drilling campaign in the Gulf of Thailand, in addition to already planned exploration and appraisal wells.
According to a Friday report by Baker Hughes, the number of offshore rigs in the U.S. increased to 19 units over last week.
World’s largest offshore accommodation rig supplier Prosafe turned profitable in the first quarter of 2018, after posting a loss in the corresponding period of 2017.
Sirius Petroleum is awaiting clarification from COSL on timing for completion of mobilization of the rig set to drill the Ororo-2 well.
Noways’ anti-corruption agency Okokrim has closed an investigation into Sevan Drilling over the company’s drilling contracts won with Petrobras between 2005 and 2008.
Several breaches of the regulations have been identified the investigation has revealed
