Monday, December 12, 2016

Noble Renegotiates Drillship Contracts with Shell

London-baed drilling contractor Noble Corporation has agreed with Royal Dutch Shell to amend the long-term charter contracts for three ultra-deepwater

December 12, 2016
Total Views: 65

Tuesday, December 6, 2016
Maritime News

Atwood Drillships Delayed Two Years at DSME

Houston-headquartered offshore drilling contractor Atwood Oceanics announced Tuesday it has reached an agreement with South Korean shipbuilder Daewoo

December 6, 2016
Total Views: 58

Tuesday, October 4, 2016

Transocean: Contract for Ultra-Deepwater Drillship Discoverer India Terminated Early

Offshore drilling contractor Transocean says it has received a notice for the early termination of the contract for its ultra-deepwater

October 4, 2016
Total Views: 81

Tuesday, September 20, 2016
deepwater pathfinder

At $500 Million a Pop, Stacking Drillships is a Gamble That Has No Precedent

By David Wethe (Bloomberg) — In a far corner of the Caribbean Sea, one of those idyllic spots touched most days by little more than a fisherman chasing

September 20, 2016
Total Views: 79

Monday, May 23, 2016

Contract Terminated for Rowan Ultra-Deepwater Drillship

Houston-headquartered drilling contractor Rowan says it has reached an agreement with one of its customers for the early termination of the drilling

May 23, 2016
Total Views: 54

Monday, April 25, 2016
Cerrado Sertão drillship
Maritime News

Ocean Rig Pays Just $65 Million for Ultra Deepwater Drillship at Auction

In what could be considered the deal of the century, international offshore drilling contractor Ocean Rig has purchased an advanced ultra deepwater drillship

April 25, 2016
Total Views: 118

Friday, April 1, 2016
maersk venturer drillship
Maritime News

Maersk Drillship Spuds World’s Deepest Well

A Maersk drillship has broken the world record for the deepest water depth for an offshore oil rig after spudding a well located more than two miles

April 1, 2016
Total Views: 1078

Thursday, January 21, 2016
Ocean rig olympia total drillship
Maritime News

Eni Terminates Contract for Ultra Deepwater Drillship ‘Ocean Rig Olympia

Italian oil company Eni has terminated its contract for the ultra deepwater drillship Ocean Rig Olympia due to collapsing oil prices.  The early

January 21, 2016
Total Views: 41

Thursday, October 29, 2015

Pacific Drilling Cancels Drillship Order at Samsung Heavy

  Luxembourg-based Pacific Drilling (NYSE:PACD) says it has rescinded a construction contract for the ultra-deepwater drillship Pacific Zonda at Samsung

October 29, 2015
Total Views: 23

Monday, October 26, 2015
Maritime News

Transocean Delays Drillships at DSME

  Drilling contractor Transocean announced Monday that the delivery of two newbuild drillships currently under construction in South Korea will be delayed

October 26, 2015
Total Views: 26

Friday, September 4, 2015

Drillship Built as CIA Spy Ship to Raise Soviet Sub Falls Victim to Oil Crash

  By John Miller ZURICH, Sept 3 (Reuters) – A ship built by the CIA for a secret Cold War mission in 1974 to raise a sunken Soviet sub

September 4, 2015
Total Views: 140

Wednesday, August 19, 2015

Vantage Drilling Drillship Cancelled at DSME

  Daewoo Shipbuilding & Marine Engineering Co., the world’s number two shipbuilder, says it has cancelled a 703.4 billion won ($595 million)

August 19, 2015
Total Views: 67

Friday, August 7, 2015

Petrobras Bribery Scandal – Six Charged Over Vantage Drilling Rig Contract Award

  SAO PAULO, Aug 6 (Reuters) – Brazilian prosecutors on Thursday presented formal charges against Jorge Zelada, the former head of state-run oil

August 7, 2015
Total Views: 32

Wednesday, July 29, 2015

Sembcorp Marine: Sete Brasil Stiffing Us on Drillship Projects

SINGAPORE, July 29 (Reuters) – Singapore’s Sembcorp Marine has not received payment from Sete Brasil on drillship projects this year and may slow

July 29, 2015
Total Views: 1

Thursday, July 23, 2015

Idling Drillships Turn Gulf of Mexico Into One Big Expensive Parking Lot

By David Wethe (Bloomberg) — Imagine parking your $300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the

July 23, 2015
Total Views: 75

Monday, July 20, 2015
maersk drilling rig

Drillship Maersk Venturer to Start Drilling Exploratory Well in South China Sea

  MANILA, July 20 (Reuters) – An Australian-Filipino consortium led by Otto Energy Ltd is set to drill a deep-water exploratory well in the South

July 20, 2015
Total Views: 44

Wednesday, June 17, 2015

Seadrill Banks Over $204 Million from Sale of Advanced Drillship to Subsidiary

Bermuda-based Seadrill Limited (NYSE: SDRL) has agreed to sell its 6th generation drillship West Polaris to its own subsidiary in a deal that is expected to

June 17, 2015
Total Views: 8

Thursday, May 28, 2015
Cerrado Sertão drillship

Petrobras Cancels Offshore Vessel Leases – Schahin

Brazil's state-run oil company Petrobras canceled leases with Schahin Petroleo e Gas SA for five offshore oil drilling and production vessels after a cash

May 28, 2015
Total Views: 59

Monday, May 18, 2015
Maritime News

Ocean Rig Drillships Secure Work Offshore Angola

NASDAQ-listed deepwater driller Ocean Rig says it has secured contracts with ENI for two of its ultra-deepwater drillships for work offshore Angola.

May 18, 2015
Total Views: 15

Wednesday, May 6, 2015

Rolls-Royce Delivers 1,000th Drillship Thruster

Rolls-Royce says it has just delivered its 1000th underwater mountable offshore thruster, the world’s most popular and widely used thrusters for offshore

May 6, 2015
Total Views: 92