Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

Ex-Noble man to head Borr Drilling

Borr Drilling, a recently established offshore drilling company, has appointed a new chief executive officer (CEO) ...

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Borr Drilling scores its first jack-up rig contract

Borr Drilling, a recently established offshore drilling company, has received a letter of commitment from Total for ...

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Rig market not yet out of the woods, MSI says

Offshore drilling rig sector, hurt by low oil prices and overcapacity, is not set for a quick recovery, at least ...

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Keppel, Borr confirm delivery dates for five jack-ups

Following the sale of Transocean’s entire fleet of jack-up rigs to Borr Drilling, including those under ...

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Transocean closes Borr deal

Transocean has completed the previously disclosed transaction to sell its jack-up fleet to Borr Drilling for a ...

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Observations on the recent MODU market

  By Charlie Hockless, Senior Offshore Analyst at VesselsValue Since 2014 we’ve seen a significant decline in ...

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Schlumberger buys stake in Borr Drilling

Schlumberger, the world’s largest oilfield services provider has bought a stake in Norway’s Borr ...

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Investors throwing money at offshore rig deals

Trøim and Fredriksen go all in on rig purchases while droves of investors look to jump on for the ride. If the ...

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Transocean to sell entire jack-up fleet to Borr Drilling

Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, is planning to buy 15 ...

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Dleif rejects drillship offer

U.S.-based Dleif Drilling has rejected an offer made by Borr Drilling, formerly known as Magni Drilling, for the ...

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New offshore driller takes two Hercules rigs

Norwegian offshore drilling contractor Borr Drilling, formerly known as Magni Drilling, has taken delivery of two ...

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