It’s only February, but Shelf has done the deal of the year so far. And China gets some relief for their stranded jackup headache.
Offshore drilling contractor Ensco has secured new drilling contracts for the floater as well as jack-up part of its drilling fleet.
Danish shipping giant Maersk has started a process to “demerge” its offshore drilling business Maersk Drilling, living up to its August 2018 announcement it would split up with Maersk Drilling and list it as a standalone company, subject to shareholders’ approval.
Offshore driller Noble Corporation slipped further into the red during the fourth quarter of 2018 as its revenues dropped when compared to the same period in 2017.
Shelf Drilling, one of the world’s largest jack-up drilling rig fleet owners, is set to expand its fleet further with the acquisition of two jack-up rigs, with an option to buy two more from China Merchants.
LOC Group, a service provider to the offshore oil and gas industry, has been hired by jack-up rig contractor Borr Drilling for Marine Warranty Surveyor (“MWS”) services, and for rig reactivation survey in W. Africa and Singapore, respectively.
The Norwegian Petroleum Directorate has granted Equinor a drilling permit for well 25/6-6 S located in the North Sea offshore Norway.
After being stacked for over two years, the Eirik Raude semi-submersible drilling rig is set to be sold for scrap, as the new owner, Transocean, feels the reactivation costs would be too high.
Singapore’s offshore platform and rig builder Sembcorp Marine sees improvements in global spending on offshore exploration and production, however, it does not expect this to reflect on its near-term business volume.
Oil and gas company Tullow has hired a drillship to drill for oil in its Orinduik Block, offshore Guyana, Eco Atlantic, a partner in the project, has informed.
Keppel FELS has delivered the jack-up rig, Cantarell IV, to Grupo R.
Transocean has entered into an agreement with Equinor to license and install Automated Drilling Control systems on four high-specification, harsh environment rigs currently on contract in Norway and a fifth semi-submersible that is expected to start operations in the Norwegian Sea this summer.
The Crown in right of Victoria has submitted a new environment plan (EP) for an appraisal well located offshore Victoria to Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA). The Crown in right of Victoria is proposing to drill an offshore appraisal well
Offshore drilling company Ensco and its rival Rowan Companies have received approval from the UK competition authorities for their imminent merger.
