Cassiopeia Five News


Equinor Awards 5-well Extension for Odfjell Drilling's Semi-sub

Nov 28, 2022

Norwegian offshore drilling contractor Odfjell Drilling said Monday that Equinor had exercised its priced options for Odfjell's Deepsea Atlantic semi-submersible drilling rig.Under the extension to drill five additional wells on the Johan Sverdrup Phase 2 field development in the North Sea…

Borr Drilling Bags $715M in Jack-up Rig Contracts in Mexico

Oct 21, 2022

Offshore drilling company Borr Drilling said Thursday that its joint venture company in Mexico (Perfomex) had entered into new contracts for the company's five premium jack-up rigs.The rigs in question are the 'Galar', 'Gersemi', 'Grid', 'Njord'…

Noble Corporation Sells Five Jack-up Rigs to Shelf Drilling

Oct 06, 2022

Offshore drilling company Noble Corporation has completed the sale of five jack-up drilling rigs,  the Noble Hans Deul, Noble Sam Hartley, Noble Sam Turner, Noble Houston Colbert, and Noble Lloyd Noble, to Shelf Drilling for $375 million.The…

ADC Energy Wins Contract Worth More Than $1 Million

Sep 26, 2022

Aberdeen-based ADC Energy said it has secured a contract worth more than $1 million to deliver baseline condition assessments for five drilling vessels for a North American company.ADC Energy said it will conduct baseline condition assessments of all five rigs…

U.S. Preparing New Five-year Plan for Offshore Oil and Gas Auctions

May 20, 2022

The Biden administration will propose a new five-year plan for offshore oil and gas development by June 30, the date when the current plan expires, Interior Secretary Deb Haaland said on Thursday.The announcement comes as the administration…

Borr Drilling Adds 6.9 Years to Contract Backlog as Five Jack-Up Rigs Secure Deals

Apr 04, 2022

Shallow water drilling company Borr Drilling has won new contracts and extensions for five of its premium jack-up drilling rigs. 'These awards increase the company's backlog by approximately 2,530 days [around 6.9 years], excluding optional periods…

MEO Group Wins Contract to Supply Five Anchor Handling Tug Supply Vessels

Mar 10, 2022

MEO Group and its local joint venture partner, Uniwise Offshore Ltd, won a three-year contract for five Anchor Handling Tug Supply vessels (AHTS) by an E&P company in Thailand. The five vessels -- MEO Monarch 1, MEO Monarch 2, Uniwise Advantage…

Five-year Charter: MMA Offshore's Platform Supplier Extends Stay at Inpex's Ichthys Field

Feb 10, 2022

Australian offshore support vessel operator MMA Offshore has secured a contract extension with Inpex for its MMA Brewster platform supply vessel.The contract, with Inpex's Australian subsidiary INPEX Operations Australia, is worth A$68 million (USD 48…

Petrobras Raises Investment Plan to $68 Billion

Nov 24, 2021

Brazil's Petrobras said on Wednesday it expects to invest $68 billion from 2022 to 2026, a sharp increase from its previous five-year plan, as the state-run oil company seeks to grow oil production from the subsea pre-salt area.The oil production forecast for next year fell slightly…

Airbus Delivers First Five-bladed Helicopter for Offshore Wind Operations to HTM

Nov 17, 2021

Helicopter maker Airbus Helicopters said Wednesday it had delivered the first five-bladed H145 helicopter to be used in the offshore wind segment to its client HTM Helicopters in Germany.The aircraft will be operated from one of HTM’s bases at Norden-Norddeich…

Cairn Farms Into Deltic's North Sea Blocks. Becomes Operator

Nov 08, 2021

Cairn Energy, soon to be renamed Capricorn Energy, has farmed into five Deltic Energy's gas licenses in the Southern North Sea, off the UK.The two companies first announced the farm-out deal in August 2021, and have now received the necessary…

One Dead, Five Missing as Fire Erupts on Pemex Offshore Platform

Aug 23, 2021

One person died and five went missing after a fire broke out Sunday on a Pemex offshore platform in the Campeche Bay, Mexico.The fire broke out at the E-Ku-A2 platform at Pemex's Ku-Maloob-Zaap oil field at 3:10 pm Sunday and was brought under control an hour later…

Borr Drilling Nets Offshore Rig Work in Mexico

Jul 22, 2021

Offshore drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico. 'The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days…

Ramboll Eyes Business Growth in Asian Offshore Wind Market. Opens Tokyo Office

Jul 08, 2021

Danish engineering company Ramboll has said it has secured five contracts in the past ten months for offshore wind farms located in Japan, China, Taiwan, and South Korea, and that it expects fivefold offshore wind business growth in the region in the next five years…

Vår Energi Awards Five-year HSSEQ Deals to Five Suppliers in Norway

Jun 28, 2021

Norwegian offshore oil and gas company Vår Energi on Monday said it had awarded HSSEQ (Health Safety Security Environment and Quality) services contracts to five local suppliers.The contracts have been awarded to DNV AS, Proactima AS, ResQ Holding AS…

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