Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…
Six offshore drilling companies – Valaris, Borr Drilling, Shelf Drilling, ADES Holding, COSL, and Arabian Drilling – have received notices of suspension for the shared total of 18 drilling rigs, all believed to have come from Saudi state-owned oil giant Aramco…
Offshore drilling company Valaris, through its joint venture ARO Drilling, has received a notice of suspension from Aramco for its VALARIS 143 jack-up rig.The rig’s contract was previously scheduled to end in December 2024. The suspension notice…
Offshore drilling contractor Shelf Drilling has received a notice of suspension of operations of four jack-up rigs from a customer in the Middle East.The company said it is in active discussions with the customer to determine which rigs will be suspended and the exact timing of the suspensions…
Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, and China in its Week 10 Rig Analytics Market Roundup…
Offshore drilling contractor Shelf Drilling has secured a two-year contract extension for the Rig 141 jack-up rig for operations in the Gulf of Suez, offshore Egypt.The contract extension is in direct continuation of Rig 141 current term with Gemsa Petroleum Company (Gempetco)…
Offshore drilling contractor Shelf Drilling has approved a management transition plan that will see the current CEO David Mullen step down from the role, with Greg O’Brien taking his position from August 2024.Shelf Drilling has launched a search…
No new drilling contracts were announced, but a Borr Drilling jackup has left Singapore, while a Shelf Drilling unit is preparing to embark on its journey to the same destination, according to Esgian’s Rig Analytics Market Roundup (Week 3).Drilling…
Offshore drilling contractor Shelf Drilling reports one of its jack-up rigs has secured a contract award with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC).The firm term of the contract is approximately 16 months…
Shelf Drilling said Tuesday it had secured contracts for the Adriatic I and the Shelf Drilling Mentor jack-up rigs for operations offshore Nigeria for firm durations of 16 months and 8 months, respectively. The combined estimated contract value for the two rigs is approximately USD 93 million…
Offshore drilling firm Shelf Drilling has secured a two-well contract extension for the Shelf Drilling Fortress jack-up rig. The rig is on a contract with China's CNOOC, operating in the UK North Sea, at the Golden Eagle offshore oil field.The…
Offshore drilling company Shelf Drilling has won a contract for the Shelf Drilling Fortress jack-up drilling rig with a European subsidiary of the Chinese oil company CNOOC in the UK North Sea.Under the contract, the rig, owned by Shelf Drilling's subsidiary Shelf Drilling North Sea…
Shelf Drilling said Friday it had secured a contract for the Shelf Drilling Barsk jack-up rig with Equinor for operations at the Sleipner Vest field in the North Sea, offshore Norway.The contract is firm for two wells, and this will keep the jack-up drilling rig busy for about 270 days…
Jack-up drilling rig contractor Shelf Drilling has secured a short-term contract for Adriatic I jack-up drilling rig for operations offshore Nigeria.The contract is for 90 days and has an estimated value of $11 million, excluding revenues for mobilization and demobilization…