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offshore drilling


Wednesday, July 24, 2024
File photo of an offshore drillship
Offshore

Transocean Fleet Update Reflects Rise in Offshore Drilling Dayrates

Offshore drilling contractor Transocean has issued its quarterly Fleet Status Report detailing contract updates for its offshore drilling rigs. The report

1 hour ago
Total Views: 63

Monday, July 22, 2024
offshore drillship
Offshore

Valaris Secures $498 Million Contract with Equinor for Offshore Brazil Project

Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its

July 22, 2024
Total Views: 1127

Wednesday, June 26, 2024
File photo of an offshore drillship
Offshore

Transocean Lands Lucrative Contract Extension for Ultra-Deepwater Drillship

Transocean Ltd. (NYSE: RIG) has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico at a

June 26, 2024
Total Views: 2054

Tuesday, June 4, 2024
Transocean_enabler. Photo: Jan Arne Wold / Equinor
Offshore

Transocean Secures Offshore Drilling Contracts Worth $161 Million

Transocean Ltd. (NYSE: RIG), a leading offshore drilling contractor, has announced securing new contract fixtures for three of its harsh environment

June 4, 2024
Total Views: 1035

Wednesday, May 15, 2024
Seadrill drillship on the horizon
Offshore

Seadrill Sets New Record with Cycle-High Dayrate of $545,000

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of

May 15, 2024
Total Views: 827

Wednesday, May 1, 2024
File photo of an offshore drillship
Offshore

Transocean Secures Offshore Drilling Contract at $505,000 Day Rate

Offshore drilling contractor Transocean has announced securing an offshore drilling contract above the highly coveted $500,000 day rate mark amid continued

May 1, 2024
Total Views: 3404

Sunday, March 10, 2024
Philippines resupply mission in the South China Sea. REUTERS/Adrian Portugal
Offshore

US Key to Philippines’ Plan to Tap Oil, Gas in South China Sea

By Andreo Calonzo and Manolo Serapio Jr. Mar 10, 2024 (Bloomberg) –The Philippines is counting on the US and its allies to play a crucial role in

March 10, 2024
Total Views: 31079

Tuesday, February 13, 2024
The Island Innovator drilling rig courtesy Island Offshore
Offshore

Rig Safety Dispute Leads to Contract Termination Off Equatorial Guinea

Trident Energy and its partners Panoro Energy and Kosmos Energy have terminated the contract for the Island Innovator semi-submersible drilling rig off the

February 13, 2024
Total Views: 5929

Monday, February 12, 2024
FILE PHOTO: An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

President Biden’s Offshore Drilling Leases Plan Faces Legal Challenges

Feb 12 (Reuters) – Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden

February 12, 2024
Total Views: 1782

Tuesday, February 6, 2024
The Ocean GreatWhite semi-submersible drilling rig
Offshore

Diamond Offshore Semi-Submersible ‘Ocean GreatWhite’ Loses Lower Marine Riser Package

Offshore drilling contractor Diamond Offshore Drilling has confirmed an equipment failure involving its semi-submersible rig Ocean GreatWhite in the UK. The

February 6, 2024
Total Views: 7095

Thursday, December 21, 2023
offshore drillship
Offshore

Valaris Acquires Two New High-Spec Drillships at Bargain Price

Valaris Limited, a leading offshore drilling contractor, has announced it has exercised its options for the delivery of two newbuild ultra-deepwater

December 21, 2023
Total Views: 3847

Sunday, December 17, 2023
Drillship West Capella with US Naval Escort
Offshore

Philippines Wants To Drill The South China Sea

by Karen Lema (Reuters) – Philippine President Ferdinand Marcos Jr said his country is working to resolve “exploration issues” in

December 17, 2023
Total Views: 12736

Tuesday, December 12, 2023
Transocean Barents offshore drill rig at sea. Photo courtesy Transocean
Offshore

Transocean Secures Offshore Drilling Contract in Black Sea at $465,000 Per Day

Offshore drilling contractor Transocean Ltd. (NYSE: RIG) has announced a significant contract for its harsh-environment drilling rig, Transocean Barents, in

December 12, 2023
Total Views: 4361

Tuesday, November 7, 2023
north sea oil rig
Offshore

Will UK’s New Push for Oil Drilling Boost Energy Security?

(Bloomberg) — British Prime Minister Rishi Sunak will this week announce a mandate for annual auctions of new licenses for oil and gas exploration in the

November 7, 2023
Total Views: 826

Wednesday, October 18, 2023
File photo of an offshore drillship
Offshore

Transocean Adds $745 Million to Contract Backlog

Transocean added $745 million to its contract backlog in the last quarter, reflecting continued demand for offshore drilling rigs. The new contracts were

October 18, 2023
Total Views: 2718

Monday, September 18, 2023
A DOF offshore vessel underway
Offshore

DOF Wins $260 Million Contract Extension in Brazil

Norwegian offshore vessel owner DOF has secured three new service contracts worth over $260 million with Petrobras in Brazil. The contracts involve survey and

September 18, 2023
Total Views: 890

Thursday, September 14, 2023
Drillship Offshore Brazil
Offshore

Transocean Announces $486 Million Drillship Contract in Brazil

Offshore drilling contractor Transocean has announced a three-year contract for its newbuild ultra-deepwater drillship Deepwater Aquila in Brazil. The contract

September 14, 2023
Total Views: 1177

Wednesday, August 30, 2023
File photo of an offshore drillship
Offshore

Transocean Reveals $222 Million Drillship Contract in India

Offshore drilling contractor Transocean (NYSE: RIG) has announced a new $222 million contract for its drillship Dhirubhai Deepwater KG1 in India. The contract

August 30, 2023
Total Views: 2234

Tuesday, August 22, 2023
Fire boat response crews battle the blazing remnants of the off shore oil rig Deepwater Horizon April 21, 2021. U.S. Coast Guard Photo
Offshore

Biden Administration Tightens Obama-Era Offshore Drilling Safety Rules Relaxed by Trump

The U.S. Department of the Interior has announced new measures to enhance worker safety and ensure offshore oil and gas operations in federal waters are

August 22, 2023
Total Views: 1863

Saturday, August 19, 2023
Offshore drilling rig photo via Shutterstock / James Jones Jr
Offshore

Namibia Plans $2.1 Billion Port Expansion For Oil Developments

By Kaula Nhongo (Bloomberg) –Namibia is seeking private investment for a 40 billion Namibian dollar ($2.1 billion) port infrastructure expansion

August 19, 2023
Total Views: 4122
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