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Month: May 2022

West Hercules to be managed by Odfjell Drilling

May 19, 2022
| Archives

Odfjell Drilling announced they would provide marketing and management services for the harsh environment semisubmersible drilling rig West Hercules. The agreement is based on terms and conditions customary for this type of agreements. Odfjell Drilling is privileged to once again be chosen for our strong operational track record and marketing excellence in securing work. We further view the cooperation

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Maersk publishes fleet status update with a backlog of $2.1 billion

May 19, 2022
| Archives

Commercial activity in Q1 2022: Maersk Integrator: Maersk Drilling and Aker BP have entered into a rig swap agreement whereby the jack-up rig Maersk Reacher is to be replaced by the low-emission jack-up rig Maersk Integrator offshore Norway end-February/early March 2022. Maersk Integrator will be prepared for well intervention and stimulation activities at the Valhall and Hod

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Borr lands 4 year contract for the Saga

May 19, 2022
| Archives

Borr Drilling Limited announced it has secured a binding Letter of Award (“LOA”) for the premium jack-up drilling rig “Saga” from an undisclosed operator in Southeast Asia. The program is expected to commence in Q4 2022, in direct continuation of the current contract, for a duration of four years plus options. Source: Borr Drilling Join our mailing list here

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PetroRio looks to purchase the West Capricorn from Aquadrill

May 11, 2022
| Archives

Petro Rio S.A. (“Company” or “PRIO”) informs to its shareholders and the market in general that it entered into an agreement with Aquadrill LLC (“Aquadrill”) that gives PRIO the opportunity to acquire the Capricorn semi-submersible rig (“Rig”). The semi-submersible hybrid Rig, suitable for drilling water depths of 80 to 3,000 meters, will be primary used in PRIO’s fields’

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PETRONAS awards drilling contract to Japan Drilling for work offshore Malaysia

May 11, 2022
| Archives

Japan Drilling Co. has announced that its subsidiary company 'Hakuryu 5, Inc.' and its agent in Malaysia, NABA Drilling, have agreed to provide drilling services to PETRONAS Carigali for a semi-submersible drilling rig 'HAKURYU-5' for the drilling contract awarded by PETRONAS to NABA Drilling. The main terms of the contract are as follows: 1. Operating Area :Offshore Sarawak, Malaysia 2. Period of Contract :Four (4) Firm Wells + Six

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Maersk Drilling secures extension for Maersk Developer offshore Brazil

May 11, 2022
| Archives

Karoon Energy has exercised options to add the drilling of up to two wells at the Neon field offshore Brazil to the work scope of the semi-submersible rig Mærsk Developer. The contract extension has a duration of 80 days, in direct continuation of the rig’s previous work scope. The contract extension has a firm contract value of approx. USD 21m. 'We’re delighted to

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