By Melisa Cavcic Borr Drilling has recorded strong financial and operational performance during the first quarter of 2023 with a sequential boost in revenue. The post Tight jack-up supply fuels Borr Drilling’s hopes of new prospects for its rig fleet appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy…
By Melisa Cavcic After IBAMA’s rejection, Petrobras will move to another location a rig brought in preparation for drilling activities on a block off Brazil. The post Petrobras sending rig hired for drilling ops at Brazilian block elsewhere following IBAMA’s rejection appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore…
By Melisa Cavcic Shelf Drilling has boosted its backlog further during the first quarter of 2023, despite experiencing a sequential decline in revenue. The post Shelf Drilling CEO: Rising rig demand in Asia to propel day rates to new heights appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy…
By Melisa Cavcic Neptune Energy has awarded a long-term contract for drilling activities on the Norwegian Continental Shelf (NCS) to Tenaris. The post Neptune hands out multi-year deal for drilling activities appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic Equinor has made a new gas and condensate discovery near the Kristin field in the Norwegian Sea, using an Odfjell Drilling-owned rig. The post More Norwegian gas on the horizon, as another discovery comes to light appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic Awilco Drilling has made up its mind about a potential appeal of the arbitration tribunal ruling in the first arbitration case. The post Decision time: To challenge or not first rig arbitration case ruling in favour of Keppel shipyard appeared first on Offshore Energy. Read Full Article Here For more great articles:…
By Melisa Cavcic Diamond Offshore has secured new contracts and extensions with higher day rates for several rigs in the U.S. Gulf of Mexico and the UK North Sea. The post New jobs for Diamond Offshore’s rig fleet in U.S. and UK as drilling market shows signs of ‘broad-based upcycle’ appeared first on Offshore Energy….
By Melisa Cavcic Velesto has secured work with an estimated combined contract value of $128 million for three jack-up drilling rigs with Petronas Carigali. The post Petronas takes three Velesto jack-up rigs for drilling ops off Malaysia appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic The rig will be used for a drilling campaign at a licence offshore Namibia close to Shell’s Graff and TotalEnergies’ Venus discoveries. The post Rig deal for drilling campaign off Namibia confirmed appeared first on Offshore Energy. Read Full Article Here For more great articles: Offshore Energy Today
By Melisa Cavcic Murphy Oil started drilling its second well in the U.S. Gulf of Mexico, after making a new oil discovery at its first prospect in 2023. The post Buoyed by first oil discovery in 2023, Murphy spuds another exploration prospect in Gulf of Mexico appeared first on Offshore Energy. Read Full Article Here…