Lebanon's Prime Minister Najib Mikati has asked his foreign minister to seek clarification from the international community after Israel granted U.S. oilfield services group Halliburton an offshore drilling contract in the Mediterranean.Lebanon…
Norwegian harsh environment offshore drilling company Odfjell Drilling swung to profit in the second quarter of the year, with a reported net profit of $27 million, compared to a loss of $6 million in 2Q 2020.Odfjell Drilling's operating revenue grew to $233 million…
Malaysian offshore drilling contractor Sapura Drilling has awarded oilfield services giant Halliburton an offshore integrated contract.Sapura Drilling will, with Halliburton as its technical partner, execute an Integrated Rig Drilling Completion…
Brazilian offshore drilling contractor Constellation has signed a long-term offshore drilling contract with Petrobras.The contract is for Constellation's Laguna Star drillship. The drillship will begin its 1,095-day charter offshore Brazil in January 2022…
Australian oil and gas company Advent Energy has issued a call for tender for the delivery of offshore drilling services for its Baleen-1 well, off Newcastle, Australia.The tender has been issued to multiple drilling contractors who have semi-submersible drilling units in the region…
The Government of Canada has approved funding for Waterford Energy Services Inc. (WESI) and Saitec Offshore's project designed to power offshore drilling rigs using a plug-and-play renewable energy solution.The funding program aimed to support…
Offshore drilling contractor Awilco Drilling has secured a contract for its WilPhoenix semi-submersible drilling rig.The company said Monday that it had signed a contract with Ithaca Oil and Gas Limited, which will use the WilPhoenix for a single exploration well at Fotla in Block 22/1b…
Norwegian energy intelligence group Rystad Energy expects to see an increase in offshore wells drilled this year and the next one, compared to 2020, when the number was hit by low oil prices and the pandemic.Now, with oil and gas demand recovering supported by vaccinations and OPEC+ supply cuts…
Offshore drilling company Valaris, the world's largest by fleet size, has received approval from the United States Bankruptcy Court for the Southern District of Texas of its prearranged plan of reorganization, and has agreed with Korea's Daewoo to delay deliveries of two newbuild drillships…
Norwegian offshore drilling company Odfjell Drilling has signed a firm contract with the oil firm Lundin Energy for the use of the Deepsea Stavanger semi-submersible drilling rig.The firm contract follows a letter of intent announced in January…
Italian oil giant Eni has recently extended the contract for Saipem's Saipem 10000 drillship.The news was shared by the Italian energy services company Saipem on Thursday in its full-year and fourth-quarter 2020 report.'The most significant…
Offshore drilling contractor Vantage Drilling's subsidiary Vantage Holdings International has signed an agreement to manage and market some of Seadrill Partners' offshore drilling rigs.Under the deal, signed on February 9, VHI will provide marketing…
Offshore drilling contractor Transocean on Thursday announced the deployment of what it said was the offshore drilling industry’s first safety system that integrates a wearable locating device with drill floor equipment and machine stoppage controls…
Offshore driller Seadrill said Sunday that Chapter 11 bankruptcy protection cases have been filed in the Southern District of Texas in respect of Seadrill's subsidiaries Seadrill GCC Operations Ltd, Asia Offshore Drilling Limited, Asia Offshore Rig 1 Limited…
U.S. offshore drilling contractor Diamond Offshore, which filed for Chapter 11 bankruptcy in April 2020, said Monday it had entered into an agreement with certain creditors over its financial restructuring that should see $2.1 billion eliminated…
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