Offshore drilling contractor Transocean has secured a contract extension for its Deepwater Asgard drillship with Hess Corporation for operations in the U.S. Gulf of Mexico.The 365-day contract extension for Deepwater Asgard is valued at $195 million. It includes a $10.9 million lump sum payment, which is not included in the estimated backlog of approximately $184 million.The program is expected to…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea, to be conducted with Transocean Enabler semi-submersible drilling rig.The permit is for the 7220/2-2 exploration well in production license 1080…
Offshore drilling rig owner Northern Drilling said Thursday it would appeal an arbitration tribunal ruling from September, which ruled in favor of South Korea's Hanwha and against Northern Drilling in a case over drillship order cancellations…
An arbitration tribunal has delivered a verdict in a drillship order cancellation case involving offshore drilling contractor Northern Drilling and Daweoo Shipbuilding Marine and Engineering (now known as Hanwha Ocean), ruling in favor of Hanwha…
Offshore drilling company Transocean said Thursday it had secured a three-year contract for the newbuild ultra-deepwater drillship Deepwater Aquila with 'a national oil company' for work offshore Brazil. The contract is expected to start in…
Offshore drilling firm Transocean said Thursday it had recently drilled its first fully-automated hole section of a well.The milestone, which Transocean described as significant, was achieved in the Norwegian Sea, offshore Norway.The company…
Eneti announced on Monday that its subsidiary Seajacks UK has signed a contract with an undisclosed client to transport and install offshore wind turbines for a project commencing in the first half of 2025.The contract will be performed by the…
Offshore drilling contractor Valaris announced on Monday that its drillship VALARIS DS-12 has been awarded a contract to drill four wells for BP offshore Egypt.The contract is expected to commence late in the third quarter or early in the fourth…
Offshore drilling contractor Transocean said Thursday that it had together with Perestroika and funds managed by Lime Rock Management L.P created a joint venture, Liquila Ventures.Liquila Ventures agreed with Daewoo Shipbuilding & Marine Engineering Co…
Japanese oil and gas company INPEX has filed a $970 million claim against South Korean shipbuilder Daewoo Shipbuilding Marine & Engineering, seeking compensation for alleged delays and construction issues related to a 2012 FPSO order.DSME said…
Turkey's national oil and gas company TPAO has taken delivery of its new, seventh generation drillship, the Cobalt Explorer, acquired from the South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering.The acquisition of the Cobalt Explorer has expanded TPAO's drillship fleet to four units…
Seajacks UK Limited, a provider of installation and maintenance vessels to the offshore wind sector, and a subsidiary of Eneti, has secured a contract in NW Europe.Eneti said Tuesday that the contract was with a global original equipment manufacturer…
Offshore drilling firm Aquadrill- ex-Seadrill Partners - has signed an agreement with Vantage Drilling for Vantage to manage and market its ultra-deepwater semi-submersible drilling rig Aquarius.Ihab Toma, CEO of Vantage stated 'We are delighted…
Dutch crane builder Huisman has signed a contract with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for the delivery of another 2,600mt Leg Encircling Crane (LEC). The deal follows a previous order, in July last year…
Finland-based marine technology company Wärtsilä will supply the seven thrusters for Eneti's new Wind Turbine Installation Vessel (WTIV) being built at the Daewoo Shipbuilding & Marine yard in South Korea.'By providing outstanding thrust, robust station-keeping capability…
