Offshore driller Maersk Drilling and oilfield equipment provider National Oilwell Varco have entered into a five-year partnership to improve maintenance predictability for drilling equipment. The two companies say the “shared vision” behind the pact is to implement a new maintenance mind-set which w
Offshore driller Rowan Companies and the Saudi Arabian Oil Company (Saudi Aramco) have signed an agreement to create a 50/50 joint venture to own, operate, and manage offshore drilling rigs in Saudi Arabia. According to the agreement signed through subsidiaries of the two companies, the new joint ve
U.S. drilling rig numbers are on the way up. This was revealed on Friday by Baker Hughes in its weekly U.S. rig count report, which shows both onshore and offshore rig count rising compared to the previous week. BHI Rig Count: U.S. +20 to 588 rigs U.S. Rig Count is up 20 rigs from last […]
Offshore drilling company Stena Drilling has decided to warm stack its semi-submersible drilling rig Stena Don in Norway. The driller has selected Semco Maritime’s facilities at Hanøytangen yard in Bergen, where the rig will be stacked, ready for future work. Stena Don arrived at the yard on Wednesd
RigNet, a provider of communications solutions for the offshore oil and gas industry, has been awarded a multi-million dollar remote communications contract with an offshore drilling contractor currently working on the Mariner field in the UK North Sea. RigNet said on Tuesday that the contract inclu
Offshore driller Awilco Drilling reported a $17.9 million profit for the third quarter of 2016, on a revenue of $35.7 million. The company has two semi-submersible drilling rigs, the WilPhoenix and the WilHunter. During the quarter, the WilPhoenix continued operations for Apache North Sea Ltd. at th
General Electric (GE) and Danish drilling company Maersk Drilling have partnered up to collaborate on a data analytic-driven pilot project with the aim to increase Maersk’s drilling rigs productivity. GE said on Wednesday that it was collaborating with Maersk Drilling collaborated to deploy SeaStr
Norwegian safety body, the Petroleum Safety Authority (PSA), has slapped Prosafe with a notification of order regarding the company not rectifying non-conformities spotted during an audit of the Safe Scandinavia tender support vessel (TSV) in September 2015. The Safe Scandinavia is an accommodation
November 2016 – Sirius Petroleum on Wednesday said it has hired a jack-up drilling rig from China’s COSL Drilling, to be used for a drilling campaign offshore Nigeria.
Offshore driller Seadrill Limited has reached a deal with the lenders under the West Eminence loan and the requisite majority of lenders under all of its other bank loans to extend the loan maturity date. According to the company’s statement on Wednesday, the maturity date of the loan related to the
Spanish oil company Repsol has terminated a drilling rig contract with the U.S. offshore drilling company Rowan Companies. Rowan said on Tuesday that Repsol had informed it on November 8, it would terminate the drilling contract for the Rowan Renaissance drillship “effective immediately.” “The Compa
Singapore’s rig builder Sembcorp Marine is set to sell its 30 percent equity interest in China’s Cosco Shipyard Group. SembMarine as the company is also known, will sell its stake in Cosco Shipyard Group for $220.68 million to China Ocean Shipping (COSCO). Cosco Shipyard Group is a ship repair, conv
Baker Hughes has posted Weekly Rig Count reports, with U.S. offshore rig count unchanged from the previous week. BHI Rig Count: U.S. -1 to 568 rigs U.S. Rig Count is down 1 rig from last week to 568, with oil rigs up 2 to 452, gas rigs down 2 to 115, and miscellaneous rigs down […]
Maersk Drilling’s jack-up drilling rig Maersk Giant has arrived at the Port of Esbjerg in Denmark after completing work for Dong Energy on the Siri oilfield, offshore Denmark. On Thursday, November 10 the port shared a photo through its social media channels showing the rig being towed to its positi
