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Noble grabs two extensions and one new contract

April 18, 2019
| Archives

Today Noble Corp released their fleet update status which included the following: Southeast Asia – Noble Clyde Boudreaux – Contract extension Mid-March 2019 to Mid-March 2020 US GOM – Noble Don Taylor – Contract extension Mid-April 2019 to Early June 2019 South America – Noble Don Taylor – 1-year contract Early October 2019 to Early October 2020 Full fleet update status

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MHWirth awarded drilling packages from Keppel FELS

April 15, 2019
| Archives

MHWirth, a company owned by Akastor ASA, today signed a contract with Keppel FELS for delivery of one drilling equipment package for a new mid water semisubmersible drilling rig. This is the first out of three options that were given when Keppel FELS and MHWirth signed a contract in April 2018 for a similar drilling equipment package.

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Bolette Dolphin will be sold to refocus on mid-water fleet

April 15, 2019
| Archives

Lenders under the Company’s USD 2,000 million secured credit facility holding more than 78% of the principal amount outstanding under such facility (the “Majority Lenders“) have entered into an agreement for the reorganization and recapitalization of the drilling business of the Group (the “Drilling Recapitalization“). The Majority Lenders include Danske Bank, DNB, SEB and Swedbank, as well

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ADES grabs another contract with Sonatrach

April 15, 2019
| Archives

ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa, is pleased to announce that it has secured two new contracts for its onshore rigs ADES 2 and ADES 3 in Algeria with Groupement Sonatrach AGIP (GSA). ADES 2 contract comprises one firm well and four optional

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Weekly Rig Count

April 12, 2019
| Weekly Rig Count

Baker Hughes, a GE company has posted Weekly Rig Count reports. Baker Hughes Rig Count: U.S. -3 to 1,022 rigs U.S. Rig Count is down 3 rigs from last week to 1,022, with oil rigs up 2 to 833, gas rigs down 5 to 189, and miscellaneous rigs unchanged at 0. U.S. Rig Count is up 14 rigs

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Chevron Announces Purchase of Anadarko

April 12, 2019
| Archives

Chevron Corporation announced today that it has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Based on Chevron’s closing price on April 11, 2019 and under the terms of the agreement, Anadarko shareholders

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Ensco Rowan plc, Industry-Leading Offshore Driller Merger Complete

April 11, 2019
| Archives

  Ensco Rowan today announced the completion of the previously disclosed merger of Ensco and Rowan Companies, which follows the satisfaction of the transaction’s closing conditions including overwhelming approval by each company’s shareholders and sanction by the UK Court of the scheme of arrangement implementing the transaction. The Company will trade on the New York Stock Exchange under

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Dolphin Drilling’s Borgland lines up for i3 drilling campaign

April 11, 2019
| Archives

  On 9 April 2019, i3 and Dolphin Drilling Limited (“Dolphinâ€) executed a contract to utilize the Borgland Dolphin semi-submersible drilling rig for a 94-day programme which is due to commence between 15 July and 15 August 2019. This drilling commencement window has been agreed by the Company and Dolphin to ensure the availability of necessary equipment and to

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April 10th proclaimed “Halliburton Day†in Houston, Texas

April 11, 2019
| Archives

  Photo: (left) Halliburton Chairman, President and CEO Jeff Miller receives City of Houston Proclamation declaring Wednesday, April 10, 2019, as Halliburton Day from (right) Mayor Sylvester Turner. HOUSTON – Halliburton Company is pleased to announce the City of Houston declared Wednesday, April 10, 2019, as Halliburton Day in honor of the company’s 100 years of growth, innovation, and

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