… new offshore contracts over these five years, driven by deepwater gas … supply chain costs and low oil prices”. He estimated that … , nine semi-submersibles, five drillships and 17 tender-assist rigs … jack-up days and 608 drillship days in 2023). “Average …

… for “financial commitments from oil-rich countries” to support … It channels contributions from oil-producing nations into forest … a giant drillship off the Amazon coast to maintain oil output. … resources beyond traditional donors. Oil-rich countries have a …

… government-owned, and independent oil and gas companies across regions such as … quarter. Drillship: A ship equipped for offshore drilling of oil and gas wells, … refining, and distribution. National oil firms: Oil and gas companies owned or controlled …

Deepwater contractors are becoming more optimistic about 2027 after a subdued period from 2024 to 2026. The drillship market is expected to improve, with forecasts indicating the marketed surplus will decrease from about 15 units in early 2026 to about …

… resulting in lower oil prices, and offshore drilling rigs without … , particularly for seventh-generation drillships. More than 40% of … marketed supply of these drillships is booked for 2027. … that year. Overall, marketed drillship utilization rates for 2025 …

… Renaissance, known as DS-15 drillship; Source: BP While providing … currently holds interests in six offshore blocks, operating two of … determine fluid characteristics, gas-to-oil and condensate-to-gas ratios, and … in the heart of the offshore world! Join us for …

… and sector-specific developments across offshore oil, gas, wind and marine markets. Macro … $300 million to build, while drillships can exceed $1 billion, with … 45 jackups, 14 semisubmersibles, nine drillships and 18 TARs. While Asia …

… around 390 units. For floaters – drillships and semi-submersibles – the count … courtesty Guice Offshore Energy & Politics Even if the oil markets remain … : despite the energy transition, oil and gas consumption is still expected to …

… to secure two deepwater blocks offshore Guinea-Bissau. The US supermajor … the relaunch of the Guinean oil sector. The US player… up hope of a major oil find and is making plans … -owned Turkish Petroleum owns six drillships and some seismic vessels which …

… aboard the Noble Sam Croft drillship in the Stabroek Block. This … , the officers were welcomed by Offshore Installation Manager (OIM) Mr. Kirk …