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Tagged in drill

Seadrill Enters Agreement to Sell its Qatar Jack-Up Fleet and Expands Share Repurchase Program

Seadrill Limited (Seadrill) (NYSE & OSE: SDRL) today announced that it has entered into a definitive agreement to sell three jack-up rigs—the West Castor, the West Telesto and the West Tucana (the “Qatar Jack-Up Fleet”)—and its 50% equity …
May 16, 2024 / Curious

Seadrill Announces Two New Drillship Commitments

Seadrill Limited (Seadrill) (NYSE & OSE: SDRL) today announced contract awards for two drillships. The West Capella secured a one-well contract in South Korea, with an estimated duration of 40 days, valued at approximately $32 million, including …
May 8, 2024 / Curious

Stena Drilling Secures 1-Well Firm Programme With Energean For Stena Forth In Morocco

Stena Drilling has announced the award of a 1-well firm programme for the Stena Forth, for former client, Energean, in Morocco. The drilling campaign is scheduled to commence in Q3 2024 and includes the flexibility to drill an additional option well …
Apr 16, 2024 / Curious

Valaris Announces Contract Suspension for Jackup VALARIS 143

Valaris Limited (NYSE: VAL) (Valaris) announced on Thursday that ARO Drilling (ARO), its joint venture in Saudi Arabia, received a notice of suspension from Aramco for one of its 19 contracted rigs, jackup VALARIS 143 (EXL I).  The rig’s …
Apr 5, 2024 / Curious

Transocean Announces $195 Million Ultra-Deepwater Drillship Contract

Transocean Ltd. (NYSE: RIG) (Transocean) today announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico.  The program is expected to commence in June 2024 in direct continuation of …
Apr 3, 2024 / Vessels

Seadrill Provides Commercial Updates on West Vela, West Capella, and West Auriga

Seadrill Limited (Seadrill) (NYSE & OSE: SDRL) announces multiple contract awards totalling approximately $97.5 million in value, in addition to an update on the West Auriga. Talos Production Inc. has awarded the West Vela a contract with an …
Jan 30, 2024 / Vessels

Stena Drilling Takes Delivery of Stena Evolution Drillship

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries. After a decade in the making, Stena Evolution drillship has finally been completed and is …
Jan 22, 2024 / Curious

Diamond Offshore Announces New Drillship Contract

Diamond Offshore Drilling, Inc. (NYSE: DO) announced on Jan13 it has entered into a drilling contract with an independent operator to utilize the Ocean BlackRhino for work offshore Guinea-Bissau.  The Ocean BlackRhino was awarded a one-well …
Jan 15, 2024 / Vessels

Naming and Maiden Voyage of CCS Ultra-deepwater Ocean Drilling Vessel Dream

On December 18th, the ocean drilling vessel Dream constructed and surveyed by China Classification Society (CCS) was named and made its maiden voyage in Nansha District, Guangzhou, which marks a crucial step in China’s deep-sea exploration capacity …
Jan 10, 2024 / Vessels

China's first self-built ultradeep ocean drillship completes trial voyage (Video)

China's first domestically developed drilling vessel with the world's deepest drilling depth, "Mengxiang" (Dream), completed its maiden trial voyage on December 27 in the Pearl River Estuary waters of south China's Guangdong Province. The results …
Jan 3, 2024 / Vessels