Petronas and ExxonMobil have made an oil discovery at an exploration well in Block 52 located offshore Suriname.
With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before
Valaris has secured a plethora of new contracts and extensions for four floaters and five jack-ups in its rig fleet with TotalEnergies, Petrobras, ExxonMobil, Eni, BP, TAQA, and Perenco.
Odfjell Drilling has boosted operational efficiency by employing a new method to complete a rig move off Namibia.
Noble Corporation has reported strong operational and financial performance during the third quarter of 2023.
Transocean has enlarged its contract backlog for the sixth consecutive quarter, expanding it to $9.4 billion at the end of 3Q 2023.
ARO Drilling, a 50/50 joint venture between Valaris and Saudi Aramco, has secured financing for its first two new-build jack-up rigs, set to work for Saudi Aramco. ARO has entered into a $359 million term loan with a syndicate of local Saudi Arabian banks to finance the deliveries. The proceeds will
Offshore drilling contractor Transocean has added approximately $745 million in new contracts to its incremental backlog by securing work for three of its drillships. In its quarterly fleet status report, Transocean said that the Dhirubhai Deepwater KG1 was awarded a 21-month contract in India at a
Scana-owned PSW Technology has secured an extension of its frame agreement with Odfjell Drilling for the provision of marine risers and subsea equipment services. The agreement includes services for the classification and testing of well control equipment for all the rigs within Odfjell Drilling’s p
Portuguese oil and gas company Galp is getting ready to begin drilling a well in license PEL 83 offshore Namibia, located close to Shell’s Graff and TotalEnergies’ Venus discoveries. Galp’s partner, Canada-based Sintana Energy, said on October 19 that the semi-submersible rig Hercules is currently i
Noble Corporation’s jack-up rig Noble Intrepid has arrived at the Port of Aberdeen before mobilizing for Harbour Energy’s field in the North Sea. Port of Aberdeen announced on October 17 that it had welcomed the Noble Intrepid to Aberdeen South Harbour, where it will undergo reactivation work scopes
Vietnam’s Petrovietnam Drilling and Well Service Corporation (PV Drilling) has commenced a drilling program for Northern Gulf Petroleum in the Gulf of Thailand. PV Drilling’s 2007-built jack-up rig PV DRILLING I started to perform the drilling program at Block G6/48, Rossukon conventional oil field,
Equinor has received consent from Norway’s regulator for exploration drilling in the North Sea, using one of Odfjell Drilling’s rigs.
Former semi-submersible drilling rig, which was turned into an FPF, is going to be decommissioned at the UK’s Kishorn Port (KPL).
