Oil company Tullow Oil has terminated the drilling contract with Maersk Drilling for the Maersk Venturer drillship in Ghana.Maersk Drilling said Tuesday it had received a notification from Tullow Ghana 'of early termination for convenience of the drilling contract…
Jack-up drilling contractor Borr Drilling's Chairman has said that 2019 was a record year when it comes to jack-up rig contract years awarded and that demand is high for modern jack-ups.In a statement Friday, the Chairman of the Board, Paal…
Oil and gas services firm Sapura Energy said it has been awarded a contract extension by Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited, for the provision of a semi-submersible tender assist drilling rig, Sapura Esperanza.The contract…
Singapore based Energy Drilling has been awarded a contract by the Thailand's oil and gas company PTT Exploration & Production International (PTTEP) to provide drilling services on the Arthit field in Gulf of Thailand.The builder and manager…
Sapura Energy announced it has secured new work in in Malaysia, Thailand and Brunei worth approximately RM 774 million ($184.9 million). The three new contracts and two contract extensions bring the value of its cumulative contract wins year-to-date to about RM3…
Norwegian oil company Okea ASA Okea has been granted safety consent to drill its first operated wells off Norway, with drilling of a pair of probes near its Draugen field due to start next month. According to a press note, the Norway's Petroleum…
The international offshore drilling contractor Seadrill Partners LLC announced that it has been notified by the New York Stock Exchange that trading in SeaDrill's common units on the exchange has been suspended and the procedure to delist the units has been initiated…
Oslo and New York-listed Borr Drilling, partly owned by Schlumberger, said on Thursday it expected strong core earnings growth in coming months with demand for its rigs set to rise.The offshore drilling rig contractor reported a negative adjusted earnings before interest…
Brazil's Petrobras has signed a two-year contract to lease a drilling rig from Ocyan, formerly known as Odebrecht Oleo e Gas, an executive told Reuters, in the first deal between the firms since a corruption scandal erupted five years ago.Petroleo Brasileiro SA…
Malaysia’s oilfield services player Sapura Energy said it has has clinched contracts worth a total of MYR 1 billion ($242 million) for several new oil patch deals and one – the company’s first – offshore wind contract.The 10 new contracts are…
Singapore based Energy Drilling said it has received a letter of award (LOA) on May 15 from EnQuest to perform drilling services on the Seligi Field offshore Peninsula Malaysia with the tender assist rig (TAD) EDrill-2. The contract calls for two firm wells plus two option wells…
Atlantica Tender Drilling, a provider of management and contract drilling services for oil and gas wells for the offshore tender assist market worldwide, announced that Petrobras has extended the rig BassDrill Beta by 180 days.'Petrobras exercised…
Singapore-based tender assist rig specialist Energy Drilling and Houston-headquartered Atlantica Tender Drilling (formerly BassDrill) are planning to merge into what is expected to become the second largest tender drilling contractor.Tender rig pair signed a letter of intent (LoI) for the merger…
Seadrill's core earnings for the fourth quarter exceeded the company's own guidance, boosted by lower costs and one-off items, while the market outlook for drilling rigs was improving, the Oslo and New York-listed firm said on Tuesday.The company…
Drilling rig contractor Maersk Drilling, which will soon list on the Copenhagen stock exchange, said the offshore drilling market is improving as oil firms generate more cash and look to boost reserves.A fall in oil prices in 2014 prompted a…
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