South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering (DSME) has this week hosted a naming ceremony for the Sonangol Quengela drillship.
Offshore driller EnscoRowan has won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case.
Offshore drilling contractor Shelf Drilling has secured a contract extension for its Adriatic I jack-up unit in Nigeria.
While Maersk Drilling’s 1Q 2019 result was impacted by lower day rates and expiry of legacy contracts, the driller expects improved market fundamentals with increased utilization and higher day rates in the longer term.
Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy as new contracts and extensions pour in for the driller. In its fleet status report published on Thursday Maersk Drilling said that several new contracts and extensions were signed during the first quarter of
Cash-strapped liftboat specialist Ezion Holdings reported a net loss for the first quarter of $12.8 million on the back of lower revenue. The company’s revenue for the quarter was $28 million, down from $37 million in the corresponding quarter a year ago.
Offshore drilling company Transocean has started a private note offering in a push to raise $500 million.
Awilco Drilling sank to a loss in the first quarter of the year amid lower revenues but the driller sees an improvement in the offshore drilling market.
Greek oil company Energean has reduced its production forecast for the year following change of plans related to drilling of two producer wells on the Prions field, located in the Gulf of Kavala off Greece, which has now been pushed back to 2020. In an operational update on Wednesday, Energean said
Offshore drilling contractor Pacific Drilling has posted a loss for the first quarter of 2019, but the CEO is optimistic about the signs of rising demand for hi-spec rigs.
Eni has made a new light oil discovery in Block 15/06, in Angola’s deep offshore. The well was drilled on the Ndungu exploration prospect.
The well was drilled with the Diamond Ocean GreatWhite semi-submersible on Licence P1830 in 1115 meters of water
GulfSlope Energy has decided to abandon its well at the Tau Prospect, located in the U.S. Gulf of Mexico.
Aker BP has been given consent by Petroleum Safety Authority (PSA) to use the Deepsea Nordkapp drilling rig to plug production wells on the Jette field offshore Norway.
