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Tagged in rigs

Shelf Drilling Announces New Contracts On The Shelf Drilling Chaophraya and Shelf Drilling Krathong in the Gulf of Thailand

Shelf Drilling, Ltd. (Shelf Drilling, OSE: SHLF) announced on Monday that it has secured contract extensions for the Shelf Drilling Chaophraya and Shelf Drilling Krathong jack-up rigs with Chevron Thailand Exploration and Production, Ltd. (Chevron) …
Dec 28, 2021 / Vessels

Shelf Drilling announces contract update for High Island VII and Compact Driller

Shelf Drilling, Ltd. (Shelf Drilling) announced today that it has received a notification from customer on early termination of the contracts for the High Island VII and Compact Driller jack-up rigs. The contract end date for both rigs has been …
Jan 18, 2021 / Curious

SFL - Announces Forbearance Agreements

SFL Corporation Ltd. (NYSE: SFL) (SFL) announces that it has entered into forbearance agreements with Seadrill Limited (Seadrill) in respect of the leasing arrangements on its three drilling rigs and the corresponding financing agreements. Unless …
Nov 23, 2020 / Vessels

Keppel enters into framework deed with Borr Drilling to defer scheduled delivery of rigs

Keppel Offshore & Marine Limited (Keppel O&M) has through its wholly-owned subsidiaries, Keppel FELS Limited and Offshore Partners Pte. Ltd., entered into a Framework Deed with Borr Drilling Limited (Borr Drilling) and certain of its …
Jun 8, 2020 / Curious

Borr Drilling Limited Announces Sale of Two Standard Jack-up Drilling Rigs

A wholly-owned subsidiary of Borr Drilling Limited, (NYSE: “BORR”, OSE: “BDRILL”) has on April 30, 2020, sold two standard jack-up drilling rigs, the “Dhabi II” and the “Paragon B152”, for total cash proceeds of $15.8 million, including the …
May 4, 2020 / Vessels

Keppel reaches settlement with Sete Brasil

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiaries, Fernvale and FELS Offshore, have entered into a settlement agreement (Settlement Agreement) with subsidiaries of Sete Brasil including Urca, Frade, Bracuhy, Portogalo, …
Oct 7, 2019 / Curious

Corvus Energy strikes agreement with Kawasaki Heavy Industries for novel lithium-ion capacitor technology

Lithium-ion capacitor (LiC)-based energy storage systems (ESS) to be sold by Corvus to offshore vessels and oil rigs globallySubsequent to a product development agreement between Kawasaki Heavy Industries (KHI) and Corvus Energy that began in 2017, …
Sep 26, 2019 / Vessels

Spotted: Al Jazeera Port anchorage - host to a major marine operation involving two Jack-up rigs

Al Jazeera Port anchorage was host to a major marine operation involving two Jack-up rigs, namely Kingfish and Whaleshark, being loaded onto the heavy lift semi-submersible ship MV Red Zed 2. The loading operation took place at Al Jazeera Port …
Jul 9, 2019 / Curious

India’s Oil and Natural Gas Corporation Limited moves 35 drilling rigs

India’s Oil and Natural Gas Corporation Limited (ONGC) has moved a record high 35 offshore drilling rigs to new locations ahead of the Indian monsoon season.Aqualis Offshore, the international marine and offshore engineering consultancy, said on …
Jun 18, 2019 / Vessels