Offshore driller ADES has secured a drilling contract for its Admarine III jack-up rig in Egypt. The contract is with Egypt’s General Petroleum Company, and is for two years. GPC will have an option to extend for two more years. Dr. Mohamed Farouk, Chief Executive Officer of ADES International Holdi
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has found serious breaches during an audit of Rowan Norway and the mobile drilling unit Rowan Stavanger. The PSA said on Thursday that the audit, conducted from October 17-20, was directed at emergency preparedness and maintenance manag
Debt-laden Pacific Drilling which this week filed for Chapter 11 bankruptcy has seen its fleet value drop from almost $6 billion a few years back, to a little over a billion today, according to VesselsValue (VV). The company, owning a fleet of ultra-deepwater drillships, on Monday filed for bankrupt
The Norwegian Petroleum Directorate (NPD) has granted Statoil a drilling permit for an appraisal well at the Tune Statfjord prospect offshore Norway.
Offshore driller Vantage Drilling has entered into a joint venture with ADES to provide deepwater drilling services in Egypt.
OMV Norge has received consent from the Petroleum Safety Authority to drill an exploration well in the Norwegian Sea with the Deepsea Bergen drilling rig.
OOS Energy, has revealed a new design for a multi activity unit (MAU).
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given consent to Aker BP to drill the 24/9-12 S North Sea exploration well using the Transocean Arctic rig. Aker BP is the operator for production license 340 in the North Sea. The company holds 65 percent interest while its p
Quadrant Energy has signed a contract with Ensco to drill the highly anticipated Dorado-1 exploration well using the Ensco-107 jack-up drilling rig.
U.S. weekly offshore rig count neither rose nor fell this past week, as Baker Hughes, a GE company, on reported on Friday. The overall U.S. rig count rose, however. Baker Hughes Rig Count: U.S. +9 to 907 rigs U.S. Rig Count is up 9 rigs from last week to 907, with oil rigs up 9 […]
Offshore drilling contractor Noble Corporation has secured another contract extension for its drilling rig Noble Paul Romano
Petroleum Safety Authority (PSA), has found eight non-conformities and two improvement points during an audit of the COSLPromoter drilling rig.
Some of them are walking dead, but old rigs aren’t coming back to get us.
Songa Offshore’s revenues dropped due to lack of contribution from two stacked rigs.
