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Drilling Rigs News

 

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Nov 19, 2024

On the back of improving conditions in the offshore rig market, Singaporean asset manager and operator Keppel has set out to secure control over 13 legacy rigs held by Rigco Holding (Asset C) as part of its plan to accelerate monetization of rigs without re-entering the offshore market.Keppel currently holds a 10% equity stake in Asset Co, $103.4 million (S$139) million in perpetual securities and approximately $3…

Energy Storage on O&G Platforms - A Safety Boost, too?

Apr 19, 2024

The fuel savings gained by installing energy storage systems on oil and gas platforms are significant, but it’s the safe-ty benefits that might overcome what has been a relatively slow uptake of late.Industry lore has it that drilling rigs say…

Current News

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

US Pressure on India Could Propel Russia's Shadow Oil Exports

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