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Exploration & Production

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Business & Finance
Awilco finds another job for WilPhoenix as Alpha deal falls through
Exploration & Production

Awilco finds another job for WilPhoenix as Alpha deal falls through

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.

about 8 years ago
Gas leak reported on ONGC rig ahead of explosion that killed five
Exploration & Production

Gas leak reported on ONGC rig ahead of explosion that killed five

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.

about 8 years ago
Rowan gets early drillship termination, more jack-up work
Exploration & Production

Rowan gets early drillship termination, more jack-up work

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.

about 8 years ago
Nexen takes Stena rig for North Sea drilling campaign
Exploration & Production

Nexen takes Stena rig for North Sea drilling campaign

Offshore driller Stena Drilling has signed a contract with Nexen Petroleum U.K. Limited for the Stena Spey drilling rig.

about 8 years ago
GulfSlope secures Rowan rig for Gulf of Mexico wells
Exploration & Production

GulfSlope secures Rowan rig for Gulf of Mexico wells

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.

about 8 years ago
Diamond Offshore scoops new rig deals
Exploration & Production

Diamond Offshore scoops new rig deals

Houston-based offshore driller Diamond Offshore has won several new contracts for its drilling rigs.

about 8 years ago
Diamond Offshore dives into the red in 4Q
Exploration & Production

Diamond Offshore dives into the red in 4Q

Diamond Offshore sank to a loss in the fourth quarter of 2017 as its revenues decreased compared to the same period of 2016.

about 8 years ago
Report: Turkish warships stop Eni’s drillship off Cyprus
Exploration & Production

Report: Turkish warships stop Eni’s drillship off Cyprus

Turkish warships on Friday reportedly blocked an Eni-operated drillship from moving into an area offshore Cyprus.

about 8 years ago
VIDEO: GSP Saturn rig arrives at Romanian port ahead of reclassification
Exploration & Production

VIDEO: GSP Saturn rig arrives at Romanian port ahead of reclassification

GSP Offshore-owned GSP Saturn jack-up rig has arrived at the Port of Constanta, Romania, ahead of reclassification.

about 8 years ago
U.S. offshore rig count unaltered
Exploration & Production

U.S. offshore rig count unaltered

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.

about 8 years ago
Bassoe: Owners of old jack-up rigs realize their gamble isn’t paying off
Exploration & Production

Bassoe: Owners of old jack-up rigs realize their gamble isn’t paying off

They’re cheap to stack and costly to scrap, but old jack-ups are finally moving off to scrapyards.

about 8 years ago
Maersk Drilling slips deeper into the red
Exploration & Production

Maersk Drilling slips deeper into the red

Affected by impairment charges, Maersk Drilling recorded a bigger loss for the full year 2017 compared to its result in 2016.

about 8 years ago
With entire fleet in lay-up, Fred. Olsen Energy swings to loss
Exploration & Production

With entire fleet in lay-up, Fred. Olsen Energy swings to loss

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.

about 8 years ago
BP hands out more work to Dolphin rig
Exploration & Production

BP hands out more work to Dolphin rig

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.

about 8 years ago
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