LogIn LogOut

Asian Rigs News - page 3

 

Claxton to support MOL Norge’s first well programme on the Norwegian Continental Shelf

Oct 29, 2018

Claxton, a supplier of engineering and services for shallow-water, jackup-depth markets in subsea services group Acteon, has been contracted to support MOL Norge AS on its first well program on the Norwegian Continental Shelf.The award is through Ross Offshore Well Management AS…

BiSN Deploys Largest-ever Bismuth Plug

Oct 25, 2018

BiSN, the provider of metal-to-metal downhole sealing solutions, has achieved a world first in conjunction with AkerBP and Altus Intervention, through the successful deployment of the largest-ever bismuth plug.Following over a year of development…

Kvaerner Eyes Growth, Mergers as Profits Decline

Oct 23, 2018

Kvaerner, a Norwegian builder of oil platforms, aims to increase its revenue by some 40 percent by 2022 by expanding abroad, the company said on Tuesday after reporting a sharp decline in third-quarter earnings that drove down its shares.Kvaerner's quarterly earnings before interest…

Offshore Drillers Eye Recovery by 2020

Oct 15, 2018

Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020…

Equinor Extends Contract for Maersk Intrepid Rig

Oct 12, 2018

Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will also be exercised, and four new options will be added…

Rowan Sells Two Jack-up Rigs to ARO Drilling

Oct 10, 2018

Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilling.The net economic impact of this transaction…

Ensco to Buy Rowan in $2.38 Bln Deal

Oct 08, 2018

Offshore driller Ensco Plc said on Monday it plans to buy smaller rival Rowan Cos Plc in an all-stock deal valued at $2.38 billion, as it looks to expand its fleet and benefit from a partnership with Saudi Aramco.This is Ensco's second deal…

Noble Energy Cashes Out of Tamar Petroleum After Egypt Gas Deal

Oct 03, 2018

Texas-based Noble Energy sold its 43.5 percent stake in Israel's Tamar Petroleum after announcing last week that it would help finance a gas export deal with Egypt, the Israeli business daily The Marker reported on Wednesday.Noble's sale of 40 million Tamar shares…

Current News

Siemens Wins Order to Modernize M. East Jack-Up Rig

Siemens Wins Order to Modernize M. East Jack-Up Rig

SeaBird in Asia Pacific OBN Survey

SeaBird in Asia Pacific OBN Survey

Petrofac Clinches $40M Deal in UAE

Petrofac Clinches $40M Deal in UAE

Floatech Must Pay $6,25M to Drydocks World, Court Rules

Floatech Must Pay $6,25M to Drydocks World, Court Rules

PetroChina Resumes Guangdong Refinery Construction

PetroChina Resumes Guangdong Refinery Construction

Indonesia: Inpex Finds Buyers for Masela Gas

Indonesia: Inpex Finds Buyers for Masela Gas

Coronavirus Spurs Oil Majors to Cancel IP Week Events

Coronavirus Spurs Oil Majors to Cancel IP Week Events

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week