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Exploration & Production

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Business & FinanceProject & Tenders
Diamond Offshore profit drops in 1Q
Exploration & Production

Diamond Offshore profit drops in 1Q

Houston-based driller Diamond Offshore saw a decrease in quarterly profit and revenues.

about 8 years ago
Odfjell Drilling buys former Stena rig, wins contract with Aker BP
Exploration & Production

Odfjell Drilling buys former Stena rig, wins contract with Aker BP

Offshore driller Odfjell Drilling has bought the former Stena Midmax drilling rig and won a contract for it from Aker BP.

about 8 years ago
Mubadala preparing for Manora exploration well
Exploration & Production

Mubadala preparing for Manora exploration well

Mubadala Petroleum is preparing to drill an exploration well at the Manora field located in the G1/48 concession in the Gulf of Thailand.

about 8 years ago
Borr Drilling sheds 14 jack-up rigs
Exploration & Production

Borr Drilling sheds 14 jack-up rigs

Offshore driller Borr Drilling has sold 14 old jack-up rigs en bloc to a non-drilling company as part of its rationalization program following Paragon Offshore takeover.

about 8 years ago
Haven rig set for Sverdrup job as Lamprell completes upgrade
Exploration & Production

Haven rig set for Sverdrup job as Lamprell completes upgrade

Lamprell has completed an upgrade to the mobile operating unit Haven as an accommodation rig to be used on Statoil’s Johan Sverdrup project offshore Norway.

about 8 years ago
Ensco rig mobilizing for Dorado well drilling
Exploration & Production

Ensco rig mobilizing for Dorado well drilling

The Ensco 107 jack-up drilling rig has begun mobilization from Singapore to drill the Dorado-1 well off Australia.

about 8 years ago
Eni comes up dry at Rabat Deep well off Morocco
Exploration & Production

Eni comes up dry at Rabat Deep well off Morocco

Italian oil company Eni has failed to find a hydrocarbon accumulation in its Rabat Deep 1 (RD-1) well offshore Morocco.

about 8 years ago
Rowan leases four rigs to ARO for new Saudi Aramco drilling deals
Exploration & Production

Rowan leases four rigs to ARO for new Saudi Aramco drilling deals

U.S. offshore driller Rowan will lease four of its idle jack-up rigs to ARO Drilling to fulfill four three-year contracts that ARO Drilling has been awarded by Saudi Aramco. Rowan President and Chief Executive Officer Tom Burke said the company’s partnership with Saudi Aramco in ARO Drilling and Row

about 8 years ago
Bassoe: You’re not an idiot if you believe in deepwater drilling
Exploration & Production

Bassoe: You’re not an idiot if you believe in deepwater drilling

The drillship market has sucked for years. Now it’s getting interesting.

about 8 years ago
Chrysaor strikes innovative drilling services deal with Baker Hughes
Exploration & Production

Chrysaor strikes innovative drilling services deal with Baker Hughes

UK independent Chrysaor is starting a new drilling campaign in its UK portfolio in partnership with Baker Hughes, a GE company.

about 8 years ago
Chrysaor awards North Sea job to Rowan jack-up
Exploration & Production

Chrysaor awards North Sea job to Rowan jack-up

Offshore driller Rowan Companies has won a deal for one of its Super Gorilla Class jack-up rigs.

about 8 years ago
Total takes on Vantage rig for Gabon drilling
Exploration & Production

Total takes on Vantage rig for Gabon drilling

Offshore driller Vantage Drilling has secured a drilling contract for its jack-up rig the Topaz Driller with Total in Gabon.

about 8 years ago
Ensco books bigger loss on lower utilization, slashed rig rates
Exploration & Production

Ensco books bigger loss on lower utilization, slashed rig rates

UK driller Ensco saw its net loss deepen over the first quarter 2018 with its revenues down lower rig utilization.

about 8 years ago
More red ink for Fred. Olsen Energy
Exploration & Production

More red ink for Fred. Olsen Energy

Fred. Olsen Energy (FOE) booked a bigger loss in the first quarter of 2018 as its revenues fell compared to the prior-year period.

about 8 years ago
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