Latest News for: Offshore driller

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First-Ever 8th Gen Drilling Juggernaut Delivered To Transocean

Rigzone 29 Jun 2022
The first-ever newbuild 8th generation drillship, the Deepwater Atlas, has been delivered in Singapore to U.S. offshore driller Transocean ... .
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Seadrill awarded $361m in contract extensions

Splash24/7 23 Jun 2022
Offshore driller Seadrill has been awarded contract extensions for the jackup rigs AOD I, AOD III and West Callisto for work offshore in the Arabian Gulf ...
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Noble selling five jackup rigs to Shelf Drilling to secure UK approval for Maersk Drilling merger

Splash24/7 23 Jun 2022
Offshore driller Noble Corporation has sealed a deal to sell five jackup rigs to a newly formed subsidiary of Dubai-based Shelf Drilling to address the potential concerns identified by the UK Competition and Markets Authority (CMA) in its review of the planned merger with Maersk Drilling.
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Shelf Drilling snaps up Aban jackup for $30m

Splash24/7 19 Jun 2022
Dubai-based Shelf Drilling has struck a deal with a subsidiary of Aban Offshore to purchase the 2008-built Deep Driller 7 jackup rig for $30m.
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CNOOC completes first offshore CCUS project

China Daily 16 Jun 2022
After 10 months of preparations, the project will serve the Enping 15-1 oilfield located in the mouth of the Pearl River, about 200 kilometers south of Shenzhen, Guangdong province, said the country's top offshore oil and gas driller ... Offshore CCUS activity is already underway in ...
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Aban Offshore sells jackup rig to Adnoc for $28m

Splash24/7 15 Jun 2022
In April, India’s largest offshore driller agreed to sell four jackups to offshore rig operator ADES Saudi for $106m.
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Big efforts to fuel China's domestic energy usage

China Daily 14 Jun 2022
CNOOC, the country's top offshore oil and gas driller, for example, has a planned capital expenditure between 90 billion yuan ($14.14 billion) and 100 billion yuan for 2022, with exploration to account for approximately 20 percent of total spending.
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Vantage Drilling scores drillship contract with TotalEnergies

Splash24/7 10 Jun 2022
The Houston-based offshore driller said the firm term of the contract would generate around $75m ... .
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Diesel-rich oil commands huge premiums

Business Day 08 Jun 2022
For a sense of how competition for crude is intensifying among the world’s oil refiners, just look at the soaring premiums for one of Nigeria’s diesel-rich grades. Egina crude is being offered by China’s biggest offshore driller CNOOC at a $13 a barrel premium to London’s Dated Brent price, said traders who asked not to be identified ...  .
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Transocean semisub secures more work with Equinor

Splash24/7 07 Jun 2022
Offshore driller Transocean has secured a contract extension with Equinor for the 2009-built semi-submersible Transocean Spitsbergen offshore Norway.
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Equinor terminates Valaris’ drillship charter

Splash24/7 02 Jun 2022
The New York-listed offshore driller initially secured the deal with TotalEnergies, but after the French operator decided not to sanction and to withdraw from the North Platte project, the charter was novated to Equinor ... .
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Vantage Drilling Completes Sale Of Jack-Up Trio To ADES

Rigzone 01 Jun 2022
Offshore driller Vantage Drilling International has wrapped up the sale of a subsidiary holding three jack-up rigs to ADES ... .
photo: AP / Diamond Offshore drilling, ho
Offshore Drilling Monday Feb. 22, 2010 shows the semi-submersible oil drilling rig the Ocean Guardian under tow in British coastal waters. Oil exploration company Desire Petroleum PLC began drilling at a spot north of the disputed Falkland Islands Monday, the company said.
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Offshore oil rig rates lifted by pandemic recovery, race to replace Russian crude

Reuters 27 May 2022
Valaris (VAL.N), the world's largest offshore driller by fleet size, said in April it had won a contract with an international oil major with dayrates "not seen in the past seven years for drill ship work offshore West Africa".RESHAPED DRILLING INDUSTRY.
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Offshore oil rig rates lifted by pandemic recovery, race to replace Russian crudeMore than a ...

Deccan Herald 27 May 2022
More than a quarter of the world's total oil production came from offshore fields in 2021, Rystad Energy data showed. Valaris, the world's largest offshore driller by fleet size, said in April it had won a contract with an international oil major with dayrates "not seen in the past seven years for drill ship work offshore West Africa".
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How Occidental Petroleum Stock Could Be a Big Winner

Elko Daily Free Press 15 May 2022
Though its stock price hasn't fully recovered, Occidental Petroleum (NYSE. OXY) is a well run company that could see sizable upside ahead if oil prices remain elevated ... 10 stocks we like better than Occidental Petroleum ... People are also reading… ... Jason Hall ... If it makes you feel better, I was investing in offshore oil drillers at the same period.
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