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Exploration & Production

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Saudi Aramco slashes dayrates for three Hercules Offshore’s jack-ups
Exploration & Production

Saudi Aramco slashes dayrates for three Hercules Offshore’s jack-ups

After Hercules Offshore yesterday said that Saudi Aramco would slash the dayrates for three Hercules Offshore’s jack-up rigs, the company’s has issued a separate statement providing more details. The Saudi Arabian oil company yesterday withdrew its previously issued contract termination for Hercules

about 11 years ago
Saudi Aramco calls off contract termination for Hercules 261 jack-up
Exploration & Production

Saudi Aramco calls off contract termination for Hercules 261 jack-up

Hercules Offshore, Inc., a U.S.-based offshore drilling contractor, has received a notice from Saudi Aramco withdrawing the previously issued notice of contract termination for the Hercules 261 jack-up rig. To remind, Hercules Offshore first received the notice of termination from Saudi Aramco in Fe

about 11 years ago
AOD cuts down jack-up day rates for Saudi Aramco
Exploration & Production

AOD cuts down jack-up day rates for Saudi Aramco

Mermaid Maritime Public Company’s drilling associate, Asia Offshore Drilling Limited (AOD), has reached an agreement with its customer Saudi Arabian Oil Company (Saudi Aramco) to reduce the operating day rates for three jack-up rigs. The rigs in question are AOD I, AOD II, and AOD III and their day

about 11 years ago
Kongsberg selected to equip two Vahana Offshore’s liftboats
Exploration & Production

Kongsberg selected to equip two Vahana Offshore’s liftboats

Kongsberg has been selected to deliver a complete Electro, Instrument & Telecom (EIT), propulsion, safety, automation and dynamic positioning package for two new Gusto NG-2500X DP II design, offshore construction, self-propelled jack-up vessels, also known as liftboats. According to Kongsberg, the o

about 11 years ago
Baker Hughes: Worldwide rig count falls by 1.120 in April
Exploration & Production

Baker Hughes: Worldwide rig count falls by 1.120 in April

Baker Hughes has said today that the worldwide rig count for April 2015 was 2,268, down 289 from the 2,557 counted in March 2015, and down 1,120 from the 3,388 counted in April 2014. This includes both onshore and offshore rigs in the U.S. and internationally. The international rig count for April 2

about 11 years ago
Ensco scores two rig contracts in Middle East
Exploration & Production

Ensco scores two rig contracts in Middle East

Ensco plc has entered into a three-year contract with NDC for a new premium jackup, ENSCO 110. This newbuild rig is scheduled to begin operations later this month offshore United Arab Emirates at a rate of approximately $114,000 per day. NDC has also contracted ENSCO 104 for a three-year term at a d

about 11 years ago
Lamprell hands over Butinah jack-up to NDC
Exploration & Production

Lamprell hands over Butinah jack-up to NDC

Lamprell, a provider of engineering and contracting services, has announced the completion of construction on the jack-up drilling rig, the “Butinah”, and delivery to Abu Dhabi’s National Drilling Company (NDC). This comes following an announcement last week where NDC exercised one of its existing o

about 11 years ago
Lamprell wins jack-up rig option from NDC
Exploration & Production

Lamprell wins jack-up rig option from NDC

National Drilling Company (NDC), Abu Dhabi, has exercised one of its existing options and awarded a contract to Lamprell for the construction and delivery of a high specification jack-up drilling rig. Lamprell has previously been awarded contracts by NDC for a series of eight rigs and this ninth rig

about 11 years ago
Popular news, April 20 – 26, 2015
Exploration & Production

Popular news, April 20 – 26, 2015

Last week was all about thirty fourth IHS CERAWeek conference in Houston, so naturally some of the most read articles on Offshore Energy Today include the stories reported by our team attending the conference. The speech made by Statoil’s CEO Eldar Sætre during IHS CERAWeek conference tops our list

about 11 years ago
Rowan sees new, lower rates for jack-up rigs
Exploration & Production

Rowan sees new, lower rates for jack-up rigs

Rowan Companies, a Houston-based drilling contractor, has seen several revised operating rates for their rigs contracted by Saudi Aramco. According to its latest fleet status report, five of its jack-up rigs under contract with Saudi Aramco in Saudi Arabia, are under revised operating rates beginnin

about 11 years ago
Qatargas marks 13 years without incident
Exploration & Production

Qatargas marks 13 years without incident

Qatargas has completed thirteen years of operations on its offshore facilities without a Lost Time Incident (LTI). According to the company, this milestone achievement across the entire offshore facilities and operations is the result of the company’s continuous commitment to safety, by the leadersh

about 11 years ago
Noble secures contracts for rig trio in UAE
Exploration & Production

Noble secures contracts for rig trio in UAE

Noble Corporation, a UK-based offshore drilling contractor, has secured contracts for three of its drilling rigs in the Middle East. The contracts are for three jack-up drilling rigs. Noble did not disclose the name of the client or clients. It revealed that contract extensions have been granted for

about 11 years ago
Drydocks repairs ‘Beynouna’
Exploration & Production

Drydocks repairs ‘Beynouna’

Drydocks World, a Dubai-based service provider to the offshore oil & gas industry has completed refurbishment of National Drilling Company’s (NDC) offshore drilling rig Beynouna. According to Drydocks World, the company carried out a major repair on the Beynouna rig ahead of schedule. For Rig Beynou

about 11 years ago
Popular news, Mar 30 – Apr 5, 2015
Exploration & Production

Popular news, Mar 30 – Apr 5, 2015

A story about a fire outbreak on an offshore oil platform in Mexico was by far the most read article this past week on Offshore Energy Today.

about 11 years ago
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