Workers evacuated from Valaris oil rig after New Year’s Day Covid outbreak
Workers were evacuated from a Valaris oil rig after a Covid outbreak on board on New Year’s Day, with questions raised on testing procedures.
Ensco
Valaris, world’s largest offshore driller, files for Chapter 11 bankruptcy
Valaris, the world’s largest offshore drilling firm, has filed for Chapter 11 bankruptcy with a plan it said would reduce its debt by $6.5billion.
Valaris could make up to 600 workers redundant as rig contacts dry up
Drilling firm Valaris has informed staff it could make hundreds of redundancies as rig contracts have dried up due to the recent slump in oil prices.
Crane collapses on second Valaris-operated North Sea rig within a month
The Health and Safety Executive (HSE) has launched an inquiry after a crane collapsed on a second Valaris oil rig within a month of each other.
Valaris sinks to a loss as it looks to sell ageing rig
Valaris has sunk into the red as it seeks to sell off an ageing semi-submersible drilling rig.
Premier Oil ‘delighted’ with commercial discovery at Tolmount East well
The boss of Premier Oil has said he is "delighted" with a commercial discovery at the firm's Tolmount East well in the Southern North Sea.
Valaris hails ‘significant progress’ since Ensco-Rowan merger
Valaris has said it has made “significant progress” since the merger of Ensco and Rowan earlier this year.
Texo Group plans to expand Dundee workforce
Dundee-based engineering group Texo will hold a jobs fair today as it seeks to rapidly expand its city workforce.
EnscoRowan sees losses widen
EnscoRowan has announced a widening in pre-tax losses for the first quarter of 2019.
North Sea needs ‘ruthless’ scrapping of older offshore vessels
The North Sea market has been told it needs a “ruthless” scrapping of older offshore vessels to avoid an oversupply.
Ensco and Rowan complete merger to create world’s largest offshore drilling company
UK-based Ensco has completed its merger with smaller rival Rowan to create the world’s largest offshore drilling firm by fleet size.
Offshore drilling makes comeback after years in shale’s shadow
Offshore is ready for the limelight again.
Rowan falls to loss ahead of Ensco merger
Rig operator Rowan fell to a loss in its full-year 2018 results ahead of its merger with UK-based Ensco.
Shareholders accept Ensco-Rowan deal
Shareholders of Rowan and Ensco have approved the merger between the two drilling contractors.
Ensco shareholders urged to vote for Rowan merger
Rig contractor Ensco has revealed that three "independent advisory firms" urged its shareholders vote for the merger with rival firm Rowan.
Ensco concedes ownership stake to put Rowan merger to bed
Rig contractor Ensco has reduced its ownership stake in its takeover offer for rival firm Rowan.
Wheels of recovery in motion for rigs market, analyst says
The wheels of recovery are undoubtedly in motion for the global offshore rigs market, analyst said today.
Exploration disappointment for Corallian and partners at Wick
Partners in the Wick prospect in the Moray Firth said today that the exploration well was a failure.
Ensco raises offer for merger with rival rig contractor Rowan
Rig contractor Ensco has increased its takeover offer for rival firm Rowan.
Premier teams up with Ensco for North Sea wells
Premier Oil has booked the Ensco 123 rig to drilling two wells in the North Sea, starting in July.
Seven-figure Texo contract creates work for 60
North-east energy services firm Texo Group has clinched a contract worth at least £1 million to upgrade a jack-up rig.
Ensco-Rowan takeover shows consolidation still ‘paramount’ to drilling market
Ensco’s takeover of rival Rowan shows consolidation is still “paramount” for drillers and that smaller firms are being driven out, according to leading analysts.
Ensco to buy rival Rowan to create ‘unrivalled’ offshore driller
UK-based offshore driller Ensco has entered an agreement to buy smaller rival Rowan to create an “industry-leading” drilling firm.
Corallian books Ensco 72 for Wick well
Corallian Energy has booked the Ensco-72 jack-up drilling rig for its Wick and Colter wells.
Cairn Energy’s North Sea Ekland well due to spud
Scottish oil firm Cairn Energy announced today that its North Sea Ekland well is due to spud next week as it looks to put the Ensco 101 rig in position.