Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia II, currently under contract with Saudi Aramco.The temporary suspension will be for a period of up to 12 months, Borr Drilling said…
Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…
Offshore drilling contractor Shelf Drilling has secured contract extensions for two of its jack-up rigs with Chevron Thailand Exploration and Production for operations offshore Thailand.The contract extensions are for Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs…
The British government will increase a windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, finance minister Rachel Reeves announced on Wednesday.Presenting the first budget under the new Labour government…
Offshore drilling contractor Vantage Drilling has completed the sale of two premium jack-up rigs to ADES Holding Company, contracted for work in Southeast Asia.The sale includes the Topaz Driller jack-up rig, operating in the Malaysia-Thailand joint development area…
Aberdeen-based well management company Zenith Energy has been awarded six-figure well management contract with Central European Petroleum (CEP) as part of Poland’s Wolin project.Zenith has been contracted to provide full well management including all well engineering…
Mammoet has been hired by shipbuilder and ship repair company Damen Shiprepair to assist with a jack-up leg repair for the Noble Corporation drilling rig Noble Regina Allen, reducing the downtime of the rig during retrofit process.Initially…
Offshore drilling contractor Vantage Drilling has listed its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.The company’s shares on Euronext Growth Oslo have been listed since October 28, 2024, under the ticker code VDI…
Norwegian Ocean Industry Authority (Havtil) has issued the Acknowledgement of Compliance (AoC) for the Shelf Drilling Barsk jack-up rig, which can now proceed to start operations with Equinor on the Sleipner Vest field, off Norway.Earlier in 2024…
Offshore drilling firm Shelf Drilling has secured $234 million in contracts and extensions for two of its jack-up drilling rigs - Shelf Drilling Achiever and Adriatic I - for work offshore West Africa.The company has now fully executed a three…
Vattenfall has signed a multi-year framework contract with Van Oord for the charter of the jack-up vessel, MPI Resolution, which will be tasked with offshore wind turbine maintenance.The contract will provide guaranteed availability of the vessel for several months each year…
Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East Mediterranean, the energy ministries of the two countries said on Saturday.The Great Sea Interconnector…
Offshore drilling contractor Shelf Drilling has closed the sale of its Baltic jack-up rig for $60 million with an undisclosed client.Shelf Drilling said the buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Malaysia…
UAE-based offshore drilling firm Shelf Drilling (SHLF) has initiated a business consolidation plan via triangular merger between its indirect subsidiary SHLF MergCo, Shelf Drilling North Sea (SDNS), as the surviving entity in the proposed merger…
Gulf Marine Services (GMS), a provider of jack-up support vessels for the global energy industry, has secured a new long-term contract for one of its vessels in the Gulf Cooperation Council (GCC) region.The contract spans a total of five years…
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