Malaysia-based offshore services firm Sapura Energy, through its drilling arm Sapura Drilling, has secured multiple contracts for drilling-related services with oil and gas companies, worth over $720 million.Sapura Drilling won two contracts from PTTEP Energy Development Limited (PTTEP) for the provision of its tender assist drilling rigs, Sapura T-17 and Sapura T-18.Both projects will start in the second quarter of fiscal year 2026…
Specialist drilling waste management company TWMA has secured a three-year contract with TotalEnergies UK for its drilling waste management services.Agreed following a call for tender, the contract started in October 2024 and includes the option for extension…
UK-based oil firm EnQuest has terminated rig contract with Dolphin Drilling for its Borgland Dolphin semi-submersible drilling rig as the joint venture partners in the Kraken field fail to reach agreement on the asset’s 2025 drilling program…
Egypt's petroleum ministry on Tuesday announced an international tender seeking bids for natural gas and crude oil exploration in the Mediterranean Sea and the Nile delta, 10 offshore blocks and two onshore blocks.The deadline for bids is Feb…
Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig Analytics Market Roundup.Report SummaryContractsEquinor has exercised an option to extend the use of Odfjell Drilling’s 10…
The price to rent an offshore rig hit a nine-year high last year with jackups, semisubmersibles and drillships costing on average $118,000, $368,000 and $419,000, respectively (as of 31 December 2023). These figures represent an overall 54% increase in dayrates when compared with 2021…
SundaGas Banda Unipessoal, a wholly-owned subsidiary of UK oil and gas company Baron Oil, has selected a new location for the Chuditch-2 appraisal well offshore Timor-Leste.SundaGas has been conducting site survey work in the Timor Sea over…
Esgian reports that drilling contracts have been announced this week for operations in Brazil and the Philippines, and new discoveries have been confirmed in the UK and Namibia in its Week 11 Rig Analytics Market Roundup.ContractsCOSL Drilling…
Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.This follows Dolphin Drilling's mid-September announcement…
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…
Offshore drilling firm Seadrill on Wednesday announced it has agreed to sell three tender-assist units to Singapore's Energy Drilling Pte Ltd for a total of $85 million in cash.The units are the semi-tender West Vencedor and tender rigs T-15 and T-16…
Prosafe, an Oslo-listed offshore accommodation rig provider, has appointed Reese McNeel, the current CFO, to interim CEO and CFO effective immediately.The decision follows after Jesper Kragh Andresen, the current CEO, said he would in April…
OMV's Norwegian subsidiary OMV Norge has awarded a 4-year frame agreement to Baker Hughes for integrated well construction and completion (IWCC) services.Between 2023 and 2027, OMV plans to drill three production wells on the Berling field development…
Oslo-based offshore vessel owner Atlantica Shipping has taken delivery of its fourth platform supply vessel.The company said in a social media post that it had expanded its fleet with the 2005 built UT 755L Atlantica Server.The vessel, previously…
French oil major TotalEnergies has launched a tender for an offshore drilling rig to be used next year to drill in Lebanon's Block 9 in the Mediterranean Sea.Patrick Pouyanné, Chairman and CEO of TotalEnergies, received Lebanon's, Minister of…
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