Borr Drilling CEO speaks up on new drilling contract model

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

Malaysia: Bumi Armada Finishes $320 M Fleet Renewal Project

Malaysia-based international company, Bumi Armada Berhad,announced the launch of Armada Tuah 85 – the last of their ...

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India: Great Offshore Wants to Become Important on a ...

With a view to garner a substantial overseas business and become a major global player in the offshore services ...

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CNOOC Buys 50% of Bridas Corporation for $3.1 Billion

Bridas Corporation, with oil and gas exploration and production operations in Argentina, Bolivia and Chile is now a ...

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Aker Solutions Selected to Lead KBB Development Project ...

Aker Solutions has been selected by Kebabangan Petroleum Operating Company Sdn Bhd (KPOC) as its contractor for the ...

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Malaysia: Subsea 7 Inc. Opens Office in Kuala Lumpur

Subsea 7 Inc , one of the world’s leading subsea engineering and construction companies, today announced the ...

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China:CNOOC’s New Offshore Drilling Platform to ...

A home-made 3,000-meter offshore oil drilling platform, owned by China National Offshore Oil Corporation (CNOOC), ...

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Singapore: Northern Offshore’s Drillship Energy ...

Northern Offshore, Ltd. reported today that upon completion of the third well of a five-well drilling program for ...

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India:Foundation Stone Laid For Bollard Pull Test ...

Mr M. Vijayakumar, the State Minister for Ports, has laid the foundation stone for setting up of a Bollard Pull ...

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South Asia: Swiber Holdings Bags a Contract Worth ...

Swiber Holdings Limited,a world class integrated construction and support services provider to the offshore ...

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SHELL Philippines Exploration in Quest for More Oil

SHELL Philippines Exploration B.V. (SPEX) has started to drill an additional exploratory well at the Malampaya gas ...

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China: CNOOC Acquires Devon’s Interest in Panyu ...

China National Offshore Oil Company Limited (CNOOC) announced late Friday it has agreed to acquire U.S.-based Devon ...

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India: Cochin Shipyard Limited Delivers New PSV to ...

Cochin Shipyard Limited (CSL) on Wednesday delivered a platform supply vessel to Purple Fleet Ltd, an affiliate of ...

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China: CNOOC Ltd. Boasts with First Quarter Results

China National Offshore Oil Company Limited (CNOOC Ltd.) said Wednesday that its total net production increased ...

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Murphy Oil Corp. Contract for Offshore Exploration in ...

Murphy Oil Corp. announced Wednesday that its contracts with Malaysia allowing offshore exploration on two tracts ...

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India: Great Offshore Ltd. Reports 2.38 Per Cent in Net ...

Integrated offshore oilfield services provider Great Offshore on Tuesday reported a marginal growth of 2.38 per ...

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China-Based Yangzijiang Shipbuilders to Buy PPL ...

Yangzijiang Shipbuilders, together with its nonexecutive director Yu Kebing and an unnamed Middle East investor, ...

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China: CNOOC Finds Considerable Oil Reserves in Eastern ...

CNOOC Limited announced today that the Company has successfully made an important new discovery — Penglai(PL)9-1 in ...

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Sri Lanka Colombo Dockyard to Launch Multipurpose ...

Colombo Dockyard Sri Lanka’s Colombo Dockyard, a listed ship builder, said that it is getting ready to ...

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