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Offshore Drilling Rigs Eyed for LNG Conversion

Sep 24, 2021

Aberdeen-based offshore rig inspection company ADC Energy has said it has won a contract with an unnamed U.S.-based LNG company to help it identify and select offshore drilling rigs suitable for conversion for LNG operations.According to ADC Energy…

TotalEnergies Books Shelf Drilling Jack-up for Nigerian Drilling Campaign

Jun 29, 2021

Oslo-listed drilling firm Shelf Drilling has secured a contract for the Baltic jack-up rig with TotalEnergies in Nigeria.TotalEnergies local subsidiary Total E&P Nigeria Limited will use the jack-up drilling rig for five wells, plus extension options…

New Contracts Drive Maersk Drilling to Upgrade Financial Guidance for 2021

May 19, 2021

Danish offshore drilling company Maersk Drilling on Wednesday upgraded its financial guidance for the year 2021, on the back of improved contracting performance.'Maersk Drilling continues to demonstrate strong commercial and operational performance…

Ineos Books Maersk Resolve Drilling Rig for UKCS Project

May 17, 2021

Ineos Oil & Gas UK has hired Maersk Drilling's harsh-environment jack-up rig Maersk Resolve for drilling and hydraulic stimulation at the Breagh Alpha A11 well in block 42/13 of the UK North Sea. The contract is scheduled to start in the third quarter of 2021…

Maersk Drilling Sells Two Jack-Up Rigs to New Fortress Energy

May 17, 2021

Danish offshore drilling company Maersk Drilling has sold the jack-up rig Maersk Guardian to New Fortress Energy. The two firms have also signed a deal for the sale of the jack-up rig Mærsk Gallant with anticipated closing in June 2021. The…

Malaysia: ConocoPhillips Books Velesto Jack-Up Rig

Mar 26, 2021

Malaysian offshore drilling company Velesto said Friday it had secured a drilling contract with ConocoPhillips in Malaysia.The contract is for Velesto's jack-up drilling rig NAGA 7. The estimated value of the contract is around $8 million.Under the contract…

ADNOC Drilling Takes Delivery of Shelf Drilling Journey Jack-Up Rig

Feb 25, 2021

UAE-based ADNOC Drilling has taken delivery of the Shelf Drilling Journey jack-up drilling rig from Shelf Drilling, following the sale and purchase deal signed in December 2020.Offshore drilling contractor Shelf Drilling said Thursday that it had on February 24…

Shelf Drilling Sells Jack-Up Rig to ADNOC for $77.6M

Dec 21, 2020

Oslo-listed offshore drilling company Shelf Drilling has agreed to sell a jack-up drilling rig to UAE-based ADNOC Drilling.Under the agreement, ADNOC Drilling, a drilling subsidiary of UAE's national oil company ADNOC, will buy Shelf Drilling's Shelf Drilling Journey jack-up drilling unit…

Borr Drilling Sells Cold-stacked Jack-up Rig

Oct 28, 2020

Offshore drilling contractor Borr Drilling has agreed to sell its 2003-built cold stacked jack-up drilling rig 'Atla' to an unnamed independent operator.'The completion of the sale is expected in the fourth quarter 2020. Together with the previously…

Energy Enticer Jack-Up Rig Starts Drilling in Qatar

Oct 15, 2020

Jack-up drilling contractor Northern Offshore has said that its Energy Enticer jack-up rig has started drilling operation with Qatargas in Qatar.The GustoMSC CJ50 design jack-up rig mobilized to Qatar Petroleum's North Field in early September 2020 despite recent global industry challenges…

Shelf Drilling Terminates Charters for China Merchants' Jack-up Rig Duo

Sep 14, 2020

Jack-up drilling contractor Shelf Drilling has canceled a charter deal for two jack-up rigs signed back in February 2019 with China's China Merchants.In February 2019, Shelf Drilling signed a deal to buy two CJ-46 jack-ups from China Merchants…

Mitsui Hires JDC's Hakuryu-11 Jack-up Rig to Drill Off Japan

Sep 11, 2020

Japanese offshore drilling company JDC has won a drilling contract with Mitsui Oil Exploration.JDC said that the contract was for the provision of a jack-up drilling rig 'HAKURYU-11.' According to JDC, which operates a fleet of five jack-ups…

Borr Drilling Posts $109,6M 2Q Loss

Aug 28, 2020

Jack-up drilling rig contractor Borr Drilling on Friday reported a $109,6 million net loss for the second quarter of 2020, on revenues of $84 million.For comparison, Borr provided the 1Q 2020 figures, in which it posted a loss of $87 million…

Over 40 Offshore Rig Deals Dropped Since March. Still, There's Room for Optimism

Jul 08, 2020

After the long, slow downturn that began in late 2014, this year was set to be better with many dormant regions resuming exploration and long-awaited development drilling programs going ahead. Then in mid-March, a double disaster struck as an oil price crash coincided with a global pandemic…

ABS Certifies Jack-Up Rig Steel after Remote Survey

Jul 07, 2020

Classification and consultancy company ABS has provided a remote survey for steel certification at a steel mill, enabling Lamprell to continue work on jack-up drilling rigs, despite COVID-19 restrictions.Lamprell ordered 8855 MT of steel for…

Current News

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INEOS Wraps Up Acquisition of CNOOC’s US Oil and Gas Assets

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Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

Woodside to Shed Some Trinidad and Tobago Assets for $206M

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