The international offshore rig count for December 2015 has dropped by 88 rigs when compared to the same period last year, according to a report by Baker Hughes, an oilfield services provider. The international offshore rig count for December 2015 was 250, down 9 from the 259 counted in November 2015
Gulf Marine Services (GMS), a provider of liftboats for the international oil and gas industry, has signed a contract with Abu Dhabi Ports to create a facility at Zayed Port where GMS will construct and maintain its offshore support vessels. Zayed Port in Abu Dhabi city will lease the new facility t
This year, the offshore oil and gas industry has had to come to terms with the worst downturn for more than a decade. With commodity prices plummeting to an eleven-year low in December, it is time to reflect on the year gone by and consider the outlook for the year to come, Douglas-Westwood, an ener
Drydocks World, the international oil and gas service provider, has completed the yard’s first Rig Integrity Assurance Program (RIAP) on the National Drilling Company-owned jack-up rig Diyina. This was also the first engineering, procurement, construction & commissioning (EPCC) concept rig project t
Baker Hughes, one of the world’s largest oilfield services companies, reported on Monday that the international offshore rig count for November 2015 has dipped when compared to the same period last year and October 2015 rig count. According to Baker Hughes’ report, the international offshore rig cou
Lamprell, a provider of fabrication, engineering and contracting services to the energy industry, has signed an agreement with its largest client to extend options for its next jack-up rigs and has agreed a new option. Lamprell and the National Drilling Company of Abu Dhabi (NDC) recently signed an
DNV GL, one of the world’s largest classification societies and advisory body for the offshore oil and gas industry, will launch a joint industry project (JIP) for jack-up industry players. Providing the reasons behind the JIP , DNV GL, pointed to the fact that a lack of properly assessed and define
Two Noble Corporation’s drilling rigs have experienced operational downtime with zero dayrate in the fourth quarter of 2015 due to maintenance and inspection. According to Noble’s latest fleet status report issued on Thursday, Noble Bully I drillship experienced 13 days of operational downtime at ze
Baker Hughes has reported that the international offshore rig count for October 2015 has declined year over year and gone up a bit when compared to September rig count. Baker Hughes’ international rig count covers rigs from Latin America, Europe, Africa, Middle East and Asia Pacific. According to Ba
UK oil and gas major BP has signed a Heads of Agreement (HoA) with the Egyptian Ministry of Petroleum, regarding the acceleration of the development of the recent Atoll gas discovery in the East Nile Delta, offshore Egypt. The Atoll discovery in the North Damietta Offshore Concession was announced i
A memorandum of understanding between Singapore’s Sembcorp Marine, Saudi Arabian Oil Company (Aramco), and the National Shipping Company of Saudi Arabia (Bahri) to develop a “world-class” maritime yard in Saudi Arabia has expired. Bahri, one of the largest shipping companies in the world, revealed o
Keppel FELS, a wholly owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has delivered ARABDRILL 70, a KFELS B Class jack-up rig, to Arabian Drilling Company (ADC). According to Keppel, ARABDRILL 70 is the fourth KFELS B Class jack-up rig to work for ADC and it was completed three days ahead
Transocean, an offshore drilling contractor, has stacked several of its drilling rigs and has received a contract award for one of its jack-up rigs in the United Arab Emirates. According to Transocean’s October fleet status report, the company’s high-spec jack-up drilling rig, GSF Constellation I, h
Baker Hughes published on Wednesday its monthly rig count report according to which the international offshore rig count for September 2015 was 268, down 2 from the 270 counted in August 2015, and down 65 from the 333 counted in September 2014. According to Baker Hughes, the international rig count
