Talks between UK-based offshore driller Awilco Drilling and oil company Alpha Petroleum related to the hire of the WilPhoenix rig have come to naught but Awilco has found another operator interested in hiring the rig.
A gas leak had been reported on an ONGC drillship which was undergoing repairs at India’s Cochin Shipyard but the order to stop the hot works on the rig came too late resulting in deaths of five workers.
Rowan Companies has received early termination for one of its drillships. The driller has also seen several of its rigs come off contract and several others have won more work.
Offshore driller Stena Drilling has signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey drilling rig.
GulfSlope Energy has executed a drilling services contract with a subsidiary of Rowan Companies to secure and utilize the Ralph Coffman jack-up rig for its 2018 Gulf of Mexico drilling program.
Houston-based offshore driller Diamond Offshore has won several new contracts for its drilling rigs.
Diamond Offshore sank to a loss in the fourth quarter of 2017 as its revenues decreased compared to the same period of 2016.
Turkish warships on Friday reportedly blocked an Eni-operated drillship from moving into an area offshore Cyprus.
GSP Offshore-owned GSP Saturn jack-up rig has arrived at the Port of Constanta, Romania, ahead of reclassification.
The U.S. offshore rig count remained unchanged during last week, according to weekly rig count reports released on Friday by Baker Hughes, a GE company.
They’re cheap to stack and costly to scrap, but old jack-ups are finally moving off to scrapyards.
Affected by impairment charges, Maersk Drilling recorded a bigger loss for the full year 2017 compared to its result in 2016.
Norwegian offshore driller Fred. Olsen Energy recorded a loss in the fourth quarter 2017 as its revenues tumbled due to its entire rig fleet being in lay-up mode.
BP has declared the first two options under a contract for use of the semi-submersible drilling rig Blackford Dolphin in the UK North Sea.