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Offshore driller Valaris has reported several new contracts and contract extensions, with an associated contract backlog of approximately $480m. The driller was awarded two extension options for a dr ......
Offshore drilling company Valaris has secured new contracts and extensions for its drilling rigs, increasing its contract backlog to approximately $4 billion. Since its latest fleet status report, is ......
Offshore drilling contractor Valaris has expanded its contract backlog, thanks to a series of new contract awards and extensions in Angola, Brazil, the UK sector of the North Sea, and the U.S. Gulf of ......
Oil and gas company BW Energy has signed a sale and leaseback agreement with a Minsheng Financial Leasing (MSFL) for the MaBoMo production facility on the Dussafu license, offshore Gabon. The agreeme ......
Singapore’s Jurong Shipyard, a subsidiary of Seatrium, has lost an arbitration over the termination of drilling equipment contracts related to four offshore rigs. MHWirth, a unit of Norwegian oil-ser ......
BP, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has started oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector ......
Norwegian state-owned energy giant Equinor has exercised its first option to extend the drilling waste management contract for a platform in the Norwegian sector of the North Sea with Soiltech, a comp ......
Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors inc ......
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off Northern Ocean. No further details were disclosed, but both companies ......
The contracts, worth an aggregate of S$350 million ($259m), include work on various types of vessels such as FSRUs, FPS, LNG carriers, and cruise ships as well as some offshore and naval work. All the ......