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Bassoe: Whatcha gonna do with all those rigs, China?

There’s still over 50 newbuild jackups stranded in Chinese shipyards. It’s the end of 2018, and nobody knows when ...

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Report: Alpha Petroleum takes Stena Spey on a long-term deal

Offshore drilling specialist Stena Drilling has reportedly secured a year and a half long contract for its Stena ...

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Ultra deepwater drillship Deepsea Metro I sold

The current fundamentals in the market aren’t driving values; buyers are.

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Ensco and Rowan created the mother of all offshore drillers

The merger between Ensco and Rowan will change the entire offshore drilling industry.

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Most interesting deal of the year award? Noble scores big.

Someone other than Borr has finally acquired a newbuild jackup. And other established rig owners are likely to follow.

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Bassoe: Why the world needs more harsh-environment semisubs

There just aren’t enough new rigs to meet long-term drilling requirements in the North Sea and Canada. More ...

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Saudi Arabia goes full throttle in offshore drilling spree

Saudi Aramco just gave the jack-up market a shot of adrenaline. Rig owners should be loving what they’re seeing.

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Bassoe: This is why jackup rig dayrates will double

Let the newbuilds come. The jackup market is far from oversupplied.

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Interview: Dive into the well of offshore drilling wisdom

Many of you, if at all interested in offshore drilling - reading this on Offshore Energy Today means that you are - ...

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Bassoe: Borr takes jackup rig hoarding to a new level

Borr raises $350 million in a matter of minutes as it takes a new bite out of the distressed asset fleet.

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Bassoe: Northern Drilling takes first-mover advantage

With a clear strategy and commitment to execution, Northern Drilling is shrewdly maneuvering through the distressed ...

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You’re not an idiot if you believe in deepwater drilling

The drillship market has sucked for years. Now it’s getting interesting.

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Bassoe: Borr and Paragon kick off “Jackup Scrapfest 2018”

Nearly 20 jackups left the offshore rig fleet during the first quarter of the year.

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Green oil: offshore rig tech disruption in Norway continues

The next generation of harsh environment semisubs is on its way as the Norwegian oil industry takes a step forward ...

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Bassoe: Borr wakes up to reality and becomes a real company

With their acquisition of Paragon Offshore, Borr Drilling isn’t just a cool feat of financially-engineered asset ...

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Old jack-ups are finally moving off to scrapyards

They’re cheap to stack and costly to scrap, but old jack-ups are finally moving off to scrapyards.

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Demand for deepwater rigs in South America to double by 2021

Up to 50 offshore rigs could be working on deepwater programs in South America depending on how new prospects turn out.

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Bassoe: Offshore rig market shakeup to continue in 2018

The theme for 2017 was perseverance. For 2018, it’s adaptation.

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Everything you need to know about offshore rig market

Offshore Energy Today has been given a permission by an analyst at Bassoe Offshore to use an infographic with ...

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Singapore reclaiming the throne in offshore shipbuilding

Singapore

November 20, 2017 - Singaporean shipyards have held an influential position in the offshore shipbuilding world for ...

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Bassoe: Zombie offshore rigs don’t threaten rig supply

Some of them are walking dead, but old rigs aren’t coming back to get us.

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