Borr Drilling CEO speaks up on new drilling contract model

The driller is offering performance based drilling contracts to oil firms.

Hansa, ONE in 'significant' gas discovery in North Sea

Hansa Hydrocarbons and Oranje-Nassau Energie B.V. (ONE) have encountered what they say is a significant gas ...

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Lundin bites dust in Barents Sea well

Lundin Norway has completed drilling of exploration well 7220/6-3 on the Børselv prospect in PL609 on the Loppa ...

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Bayerngas picks up drilling permit for Norwegian wildcat

The Norwegian Petroleum Directorate (NPD) has granted Bayerngas Norge a drilling permit for a wildcat well offshore ...

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Bassoe: Get ready for the deepwater revival in Brazil

By: David Carter Shinn Brazil won’t save the deepwater market, but it’s going to help it. Petrobras will resolve ...

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Songa rig given go-ahead for Skarv field work

Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given Aker BP a consent to use the Songa ...

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Eni bites dust in Goliat Eye wildcat well

Eni Norge has hit dust in the Goliat Eye wildcat well (7122/10-1 S) in the Barents Sea, offshore Norway. The ...

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Aquamarine gets 'Ocean Valiant' upgrade deal

Aquamarine Subsea Solutions has been awarded a contract to upgrade Diamond Offshore’s Ocean Valiant ...

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Helix's Q7000 getting ready for sea trials

Helix Energy Solutions’ new semi-submersible well intervention vessel Q7000 is set to undergo sea trials. ...

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Transocean to send six floaters to scrapyard

Offshore driller Transocean is set to retire six of its ultra-deepwater floating rigs. The rigs in question are GSF ...

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Petrobras, Sete pick mediator over giant rig order dispute

Petrobras, Sete pick mediator over giant rig order dispute

Brazilian oil company Petrobras and offshore drilling contractor Sete Brasil have initiated an out of court ...

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Consolidation to hit offshore drilling industry (or not?)

By: David Carter Shinn Rig owners’ aversion to consolidation creates a barrier which slows progress toward ...

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DSME preparing appeal to Songa Offshore arbitration ruling

South Korea’s Daewoo Shipbuilding and Marine Engineering, DSME, is set to appeal against an arbitration ...

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Chevron ends Transocean rig contract early

U.S. oil major Chevron has decided to terminate a contract with Transocean for the Discoverer Clear Leader ...

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Alpha Petroleum picks Awilco for Cheviot field drilling

Offshore drilling contractor Awilco Drilling has received a letter of award from UK oil firm Alpha Petroleum ...

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Atwood Oceanics bags 'Atwood Orca' extension in Thailand

Atwood Oceanics scores 4-month extension for jack-up in Thailand

Atwood Oceanics has agreed to a four month extension on the jackup rig Atwood Orca with Mubadala Petroleum for ...

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Wintershall gets nod for Balderbrå drilling

Wintershall gets nod for Balderbrå drilling

The Norwegian offshore safety body, Petroleum Safety Authority Norway, has given a nod to Wintershall to drill an ...

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Bassoe: Offshore drilling rig empires to take over industry

Call them speculative, but the drilling companies and investors buying offshore rigs at today’s values could be ...

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Shelf Drilling jack-up rig wins work in West Africa

Offshore driller Shelf Drilling has found work for one of its West Africa-based jack-up drilling rigs. According to ...

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Averøy to host Deepsea Bergen rig ahead of OMV drilling work

Norwegian offshore driller Odfjell Drilling has chosen the Averøy Industripark AS industrial area to place its ...

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Murphy takes PV Drilling jack-up on one-month deal

U.S. oil company Murphy Oil has reportedly hired one of PV Drilling’s offshore rigs on a one-month firm deal. ...

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VIDEO: Statoil Cat J rigs on their way to Norway

Norwegian oil giant Statoil is preparing to welcome the first of the two high-spec Cat J jack-up rigs built by ...

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OMV strikes oil at Wisting appraisal well

Austrian oil company OMV has struck oil in the 7324/8-3 well, appraising the Wisting discovery in the Barents Sea. ...

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Twinza: COSL Seeker rig leaves for Pasca drilling site

Twinza Oil has informed that the COSL Seeker jack-up drilling rig has left the Port Moresby Harbour for its ...

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GALLERY: Final trip for Hermod crane vessel

 Heerema Marine Contractors has shared images showing the loading of the semi-submersible crane vessel Hermod on ...

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Seadrill enters restructuring deal to reduce debt

Indebted offshore driller Seadrill Limited has entered into a restructuring agreement with the majority of its ...

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Borr secures jack-up work off Gabon

Offshore driller Borr Drilling has accepted a letter of intent from BW Energy Dussafu, a subsidiary of BW Offshore, ...

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Total awards more time to Prosafe flotel

Oil company Total E&P UK has extended the charter of the Prosafe-owned flotel Safe Caledonia currently ...

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