Parker Drilling News


Dolphin Drilling Emerges as Top Contender in Oil India Offshore Rig Bidding

Sep 14, 2023

Offshore drilling company Dolphin Drilling said Thursday it was announced as the lowest bidder in Oil India offshore drilling rig tender.The tender is for a 14-month firm contract + 7-month option periods.The Borgland Dolphin semi-submersible…

Jadestone Energy Chooses Velesto Drilling Rig for East Belumunt Offshore Drilling Campaign

Aug 16, 2023

Malaysian drilling contractor Velesto Drilling revealed Wednesday it had secured an offshore drilling rig contract with Jadestone Energy. Under the contract, Velesto Drilling is providing a jack-up drilling rig for the East Belumunt field infill drilling program…

Shelf Drilling Wins $17M Contract for Offshore Drilling Rig in UK North Sea

Aug 02, 2023

Offshore drilling company Shelf Drilling has won a contract for the Shelf Drilling Fortress jack-up drilling rig with a European subsidiary of the Chinese oil company CNOOC in the UK North Sea.Under the contract, the rig, owned by Shelf Drilling's subsidiary Shelf Drilling North Sea…

Shell's Renewables Boss Quits after CEO Strategy Shift

Jun 30, 2023

Shell's head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on Friday, weeks after CEO Wael Sawan scaled back its energy transition plans. Brostrom joined Shell from offshore wind giant Orsted in August 2021to…

ConocoPhillips Books Semi-submersible Drilling Rig For Norwegian Sea Project

May 31, 2023

Norwegian offshore drilling company Odfjell Drilling has secured a contract with ConocoPhillips for the Deepsea Yantai semi-submersible drilling rig.The contract, which Odfjell Drilling agreed on behalf of the rig owner CIMC Raffles, includes the drilling of one firm well…

Deepwater Gas Projects Could Reinvigorate Trinidad's Output, says Rystad Energy

Jan 25, 2023

Trinidad and Tobago's natural gas production could rebound and hit almost 4 billion cubic feet per day (bcfd) by 2030 if key offshore projects move ahead soon, consultancy Rystad Energy said on Tuesday.Trinidad is Latin America's largest exporter of liquefied natural gas (LNG)…

Dolphin Drilling Can Take Part in Petrobras' Offshore Drilling Rig Tenders

Nov 02, 2022

Offshore drilling company Dolphin Drilling said Wednesday it had been re-approved as an official rig supplier and would be invited to take part in Petrobras upcoming rig tenders.Bjørnar Iversen, CEO of Dolphin Drilling said: 'We are pleased with our re-approvement…

Sembcorp Marine, Borr Drilling Agree on Rig Payment Delay

Oct 10, 2022

Sembcorp Marine's subsidiary, PPL Shipyard has reached definitive agreements with offshore drilling company Borr Drilling to defer its receivables from Borr Drilling from 2023 to 2025.The definitve agreements follow agreements in principle announced previously…

ADNOC Drilling Buys Another Jack-up Rig, Expanding Fleet to 28 Units

Aug 25, 2022

Abu Dhabi-based ADNOC Drilling said Wednesday it had agreed to acquire a premium offshore jack-up drilling rig.The company said it had signed a sale and purchase agreement (“SPA”) with an unnamed counterpart to acquire an additional premium offshore jack-up drilling unit for $70 million…

Chris Weber Steps In as Valaris CFO

Aug 03, 2022

Offshore drilling contractor Valaris on Wednesday announced that Chris Weber has commenced his role as senior vice president and chief financial officer, having been appointed to the role in late May.Weber previously served as CFO of LUFKIN Industries…

Noble Corp. Finds Buyer for Five North Sea Rigs, Paving Way for Maersk Drilling Merger Completion

Jun 23, 2022

Noble Corporation has found a buyer for five jack-up rigs in a move that could alleviate concerns raised by the UK Competition and Markets Authority.Namely, the CMA said in April it had found that Noble Corp. and Maersk Drilling merger - first…

Valaris Announces Executive Leadership Changes

May 26, 2022

Offshore drilling contractor Valaris on Thursday announced the appointment of three new members to its executive management committee.Chris Weber will join Valaris as senior vice president and chief financial officer, Matt Lyne will join as senior vice president and chief commercial officer…

INPEX Starts Drilling Operation Offshore Japan

May 06, 2022

Japanese oil and gas company INPEX has started exploratory drilling operations offshore Japan.The company said that the drilling had started offshore Shimane and Yamaguchi prefectures in Japan on May 5, 2022.The project involves conducting exploratory…

Odfjell Drilling Takes Over Management of Northern Ocean's Rigs from Seadrill

Dec 24, 2021

Northern Ocean, the billionaire John Fredriksen-owned harsh-environment offshore rig owner, has signed contracts with the Norwegian offshore contractor Odfjell Drilling.Odfjell Drilling will provide Northern Ocean's rig fleet with marketing and management services…

JDC's Jack-up Starts Drilling Off Vietnam

Nov 09, 2021

Japanese offshore drilling firm Japan Drilling Company has said that one of its jack-up drilling rigs has started a drilling operation in Vietnam.The rig, HAKURYU-11 rig has kicked off the drilling operation based on a subcontract with PetroVietnam Drilling & Well Services Corporation…

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

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