Singapore’s rig builder Sembcorp Marine has warned it might take some time for offshore rig orders to recover, despite the increase in the global exploration and production (E&P) capex, boosted by higher oil prices.
The tech produced alerts on potential failures up to two months before they would occur
AkerBP has received consent from the PSA to use the Deepsea Stavanger rig for workover and recompletion of wells on the Skarv field.
Transocean’s Petrobras 10000 drillship on which an offshore worker died after sustaining a fatal injury in an incident in December 2017 is set to resume work soon.
With their acquisition of Paragon Offshore, Borr Drilling isn’t just a cool feat of financially-engineered asset playing anymore. They’re a real drilling contractor.
Byron Energy has completed the F1 well in the SM 71 lease in the Gulf of Mexico. The well is now ready for production.
Borr Drilling has made a binding tender agreement to offer to purchase all outstanding shares in Paragon Offshore.
Norway’s Statoil has received consent from the PSA for work on two wells on the Troll field using two Songa Offshore-owned Cat D drilling rigs.
The bottom of the market appears to have passed but 2018 will still be a tough year
Finland’s Wärtsilä and the Danish drilling contractor Maersk Drilling have teamed up to create a 25-year thruster maintenance strategy for Maersk’s three semi-submersible rigs and four drillships.
Transocean has won a number of new contract awards for its drilling fleet consisting of drillships and semi-subs with emphasis on a long-term gig with Shell for one of its drillship.
Diamond Offshore-owned Ocean Monarch drilling rig has started preparations to mobilize from offshore Fremantle to the Otway Basin offshore Victoria for Cooper Energy’s drilling campaign.
The U.S. offshore rig count has risen to 18 active drilling units this past week, according to a report by Baker Hughes.
Norwegian energy giant Statoil is about to start drilling on the Carcará discovery offshore Brazil, using a Seadrill-owned drillship. According to information obtained by Offshore Energy Today from a Statoil spokesperson, the Norwegian company is about to start a drill stem test on the Carcará disco