Offshore drilling provider Transocean is in talks to merge with rival Seadrill, Bloomberg News reported on Wednesday, citing people familiar with the matter.The companies are discussing the potential structure of the combination, it said.However…
Offshore drilling contractor Transocean has secured a one-year contract for the Deepwater Conqueror drillship with an undisclosed operator in the U.S. Gulf of Mexico.The contract is expected to start in October 2025 and contribute approximately $193 million in backlog…
Equinor and its partners Petrolia Noco and PGNiG have started drilling the exploration well at Løvmeis prospect in the Norwegian Sea, using Transocean Encourage semi-submersible drilling rig.The well, 6608/10-R-2 H, is part of the production license 1013…
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…
Offshore drilling contractor Transocean has secured a contract from BP for its Deepwater Atlas drillship, which will be put to work at U.S. Gulf of Mexico.The 365-day contract, valued at $232 million, also provides for a 365-day option. The program is expected to begin in the second quarter of 2028…
Equinor and its partners have proven gas/condensate in a well in the Norwegian Sea, drilled in connection with the Lavrans discovery, which is currently undergoing development.The well 6406/2-L-2 H, located 260 kilometres southwest of Brønnøysund…
Offshore drilling contractor Transocean has secured a $123 million contract with Reliance Industries for Dhirubhai Deepwater KG1 ultra-deepwater drillship.Transocean and Reliance Industries signed a binding letter of award for the Dhirubhai Deepwater KG1 for six wells offshore India…
Offshore drilling contractor Transocean has secured a $531 million contract with BP for its ultra-deepwater drillship Deepwater Invictus.Under the 1,095-day contract, the Deepwater Invictus will be deployed in the U.S. Gulf of Mexico.The program is expected to being in the first quarter of 2025…
Offshore drilling contractor Shelf Drilling has signed an agreement for the sale of Baltic jack-up rig for $60 million with an undisclosed client.The buyer intends to deploy the rig on a multi-year, plug and abandonment (P&A) program in Southeast Asia…
Offshore drilling contractor Transocean has secured another contract extension for its Deepwater Asgard drillship with Hess Corporation for work in the U.S. Gulf of Mexico.The $188 million contract extension is for one full year, Transocean said…
German oil and gas company Wintershall Dea has made a discovery of gas, condensate and oil in an exploration well next to the Vega field in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The Cuvette discovery was made in production license 248…
Oslo-listed offshore drilling firm Dolphin Drilling has made a strategic decision to sell and recycle the semi-submersible drilling rig Dolphin Leader, recently acquired from Transocean.The decision aligns with Dolphin Drilling's ongoing efforts…
The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…
Offshore drilling contractor Transocean has secured contract extensions for three of its harsh environment semisubmersibles, worth approximately $161 million.In Norway, Transocean Spitsbergen was awarded a three-well contract extension with Equinor…
Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS)…
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