-
Valaris to sell offshore rig for $108 million
06 May 2025 19:06 GMT
Created: May 06, 2025 03:46 PM (Updated: May 06, 2025 03:46 PM)
Offshore drilling company, the Bermuda headquartered Valaris Ltd has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash.
The sale is expected to …
-
Low dayrates shock bidders at Asian giant's latest tender for multiple offshore rigs
27 Apr 2025 18:48 GMT
Price offers were recently opened by ONGC in a key tender requiring up to four jack-up rigs across two categories, with some bidders offering rock-bottom rates, not seen in the past seven to eight years
Vikram Saxena, director of technology and field …
-
Offshore rig market sees tailing off in demand: Westwood
25 Apr 2025 22:57 GMT
… off in demand in the offshore rig market, according to new research … factors behind the dampening of offshore rig market demand are the entry …
-
People left terrified after discovering what toilets look like on oil rigs
06 Jun 2025 14:50 GMT
… what life is like on offshore rigs.
In one of his videos …
-
ADES wins offshore rig contract renewal from Aramco
09 Apr 2025 17:00 GMT
The rig, whose new charter is worth $290m approximately, was among six jack-ups whose contracts were suspended by Aramco last April
Become a MEED subscriber for unlimited access to:
Exclusive news, comment and analysis on the MENA region
An unrivalled 20- …
-
Suncor scouts market for offshore rig in eastern Canada
09 Apr 2025 02:16 GMT
Suncor Energy is on the hunt for a rig set to be used in a multi-well drilling campaign at its Terra Nova oilfield offshore eastern Canada, with the possibility it could also be deployed for work on Cenovus Energy’s nearby White Rose asset.
Located …
-
Norwegian driller wins award over offshore rig
21 Feb 2025 18:23 GMT
An offshore oil rig (Credit: Shutterstock/Igor Hotinsky)
A Norwegian drilling rig company has won a US$105 million award against a Nigerian oil and gas group over alleged non-payment of their contract, after defeating a much larger counterclaim.
…
-
Seatrium bags offshore rig deal from International Maritime Industries
20 Feb 2025 07:58 GMT
Seatrium Offshore Technology, the offshore jackup designer for Singapore shipyard group Seatrium, has won an international tender from International Maritime Industries (IMI) to supply equipment and the license for a self-elevating drilling unit.
This …
-
Valaris nets drilling contract extensions, trims offshore rig fleet
20 Feb 2025 01:51 GMT
Offshore Australia, the VALARIS 247 jackup should start a one-well contract with Jadestone Energy, again after finishing its current program with another operator.
bp Indonesia has taken up a two-well option for the VALARIS 106 jackup, with the 80-day …
-
Offshore rig roundup: Transocean gets contract extensions, Vantage marketing drillship, and ARO orders newbuild jackup
14 Feb 2025 23:14 GMT
ARO orders newbuild jackup rig from IMI
International Maritime Industries (IMI) will construct a new jackup, KINGDOM 3, for Aramco Rowan Offshore Drilling (ARO Drilling).
This will the first drilling rig built in Saudi Arabia.
ARO Drilling also announced …
About
© 1995-2025