Latest News for: Offshore driller

Edit

ELAM: Oil price low looms

Odessa American 11 May 2024
Last week this column allowed that if oil held the $78 level, the original idea of a price rally could still happen. That now appears to be the case ... Appreciate that this largest of the offshore drillers is trading at 46% of book value ... ....
Edit

Offshore driller Noble Corp. to spend $15 million in Westchase office renovation

Chron 06 May 2024
Noble Corp. plans to relocate 400 employees from Sugar Land to reduce employee commutes ....
Edit

Valaris brings in $480m worth of new rig deals

Splash24/7 01 May 2024
Offshore driller Valaris has reported several new contracts and contract extensions, with an associated contract backlog of approximately $480m. The driller was awarded two extension options for a drillship pair.
Edit

Shelf Drilling wins $54m jackup deal in UK North Sea

Splash24/7 30 Apr 2024
Oslo-listed jackup rig pure-play Shelf Drilling has won a deal for one of its rigs with an unnamed operator in the UK. The offshore driller won a contract for its Shelf Drilling Fortress jackup for operations in the UK Continental Shelf ... .
Edit

Transocean (RIG) earnings preview and stock forecast

Invezz 26 Apr 2024
Transocean (NYSE. RIG) stock price has faced major headwinds in the past few months even as energy prices have remained at an elevated level ... Transocean, one of the biggest offshore drillers in the world, has been under pressure for a long time ... ....
Edit

Qatar seeks stronger business ties with Korean firms

Korea Times 16 Apr 2024
25, 2023. Yonhap. Qatar-Korea Trade Mission 2024 to be held in Seoul, April 29-30. By Ko Dong-hwan ... ITAG International, an offshore drill expert and equipment manufacturer, is one of the most experienced offshore drillers in Europe ... .
Edit

BP in talks to sell Trinidad and Tobago assets

Offshore Technology 10 Apr 2024
The project, known as Calypso, is supported by Trinidad’s Government as it looks to encourage offshore drillers to bring gas discoveries to market amid domestic shortages ... from Offshore Technology.
Edit

Aramco suspends contract for another jackup rig

Splash24/7 05 Apr 2024
After Saudi Aramco already suspended deals with several rig owners, New York-listed offshore driller Valaris announced that its Saudi joint venture received a notice of suspension for one of the jackups contracted to the oil and gas player.
Edit

ADES gets suspension notice for five jackups in Saudi Arabia

Splash24/7 04 Apr 2024
Oil and gas driller Advanced Energy Services (ADES) has mutually agreed with its client in Saudi Arabia to temporarily suspend operations on five of its 33 offshore jack-ups operating in the country for up to 12 months.
Edit

Saudi Aramco suspends deals for Borr and Arabian Drilling jackups

Splash24/7 04 Apr 2024
Two more offshore drillers have received a contract suspension for jackup rigs in Saudi Arabia ... suspend operations on five of its 33 offshore jackups operating in the country for up to 12 months.
Edit

Regional client suspends Shelf Drilling rigs operation

MEED 03 Apr 2024
The Dubai-headquartered offshore driller did not name its client, although its latest fleet status report suggests Aramco is its only Middle East client ... .
×