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
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
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
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
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
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
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
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
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
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
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
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
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
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.