China-based offshore drilling contractor China Oilfield Services Limited (COSL) said this week it had agreed to buy four jack-up drilling rigs from Dalian Shipbuilding Offshore.COSL's subsidiaries have agreed to buy four JU2000E jack-up drilling rigs at a total contract price of RMB3,251.6 million (around $445,3 million) excluding tax, with each rig costing RMB 812.9 million (~$111,36 million) per unit…
Malaysian drilling contractor Velesto Drilling revealed Wednesday it had secured an offshore drilling rig contract with Jadestone Energy. Under the contract, Velesto Drilling is providing a jack-up drilling rig for the East Belumunt field infill drilling program…
Malaysian firm Velesto Drilling, a subsidiary of Velesto Energy, has secured a contract from the Thai-based oil firm PTTEP to provide a jack-up drilling rig for its offshore drilling program in Malaysia.In a statement on Tuesday, July 11, 2023…
Malaysian offshore drilling rig contractor Velesto Drilling has received three notices of assignments related to a drilling contract award with Petronas first announced in March.The contract is for providing three jack-up drilling rigs, the Naga 3…
SMJ, a company owned by the Sabah State Government, has signed an agreement with Petronas Carigali for the acquisition of Petronas' 50% non-operating stake in the Samarang production sharing contract (PSC).Petronas Carigali will continue to be the operator of Samarang PSC…
Dubai-based Vahana Marine Solutions DMCC's Vahana Aryan vessel has become the first jack-up unit to receive DNV’s Abate-Ready notation. According to DNV, the Abate notation is designed to assist the owners and operators of offshore units to…
Japan Drilling Co., Ltd. (JDC), a Japanese offshore drilling company, has won a contract to drill in Thailand.The contract, signed with Medco Energi, will see JDC provide the jack-up drilling rig 'HAKURYU-11' for work at the Bualuang field…
Malaysian offshore drilling contractor Velesto Drilling has received a letter of award from Rock Oil for the provision of jack-up drilling services. The contract is for Velesto's jack-up drilling rig NAGA 2. The contract is worth $14 million…
Offshore drilling rig owner Shelf Drilling has signed a three-year contract for the Trident II jack-up rig with the Indian national oil company ONGC.The contract covers the operation of the Trident II rig in the Mumbai High area, off the coast of India…
Sagar Samrat, the iconic offshore drilling rig that helped discover India's biggest offshore oil field - the Mumbai High - in 1974, has started its new life, now as an offshore production unit.India's national oil company ONGC said Monday that…
Jack-up rig leasing firm Shelf Drilling has secured three-year contracts for two of its offshore drilling rigs in India.The company said Thursday that the Indian national oil firm ONGC had awarded three-year deals for its Compact Driller and Key Singapore rigs…
Malaysian oil and gas company Petronas Carigali on Wednesday announced an oil and gas discovery at the Nahara-1 well in Block SK306, in Malaysia.The discovery is located in the shallow waters of Balingian Province, about 150 kilometers from Bintulu…
Valeura Energy, an oil and gas company with assets offshore in the Gulf of Thailand and the Thrace Basin of Turkey, has agreed with Petrovietnam Drilling and Well Service Corporation to charter the PV Drilling I jack-up drilling rig to support its Gulf of Thailand operations in 2023…
Offshore energy engineering and construction services firm Lamprell and International Maritime Industries (IMI) on Tuesday announced the completion of the load-out and float-off of the second jackup drilling unit being constructed for IMI.The…
Bursa Malaysia-listed firm Ranhill Utilities said Wednesday that its affiliate firm Perunding Ranhill Worley had won a contract with the Thai oil firm PTTEP to provide front-end engineering and design (FEED) services for offshore facilities for SK410B Lang Lebah development project…
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