Valaris to apply multi-million cost cutting measures
Offshore drilling firm Valaris has announced that it will undertake multi-million cost savings cuts across its business.
EnscoRowan
Valaris confirms new deals and contract extensions totaling almost £200m
Rig operator Valaris has announced a number of global contracts and contract extensions totaling almost £200 million.
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.
EnscoRowan to change name to Valaris
The world’s largest offshore drilling firm EnscoRowan has announced plans to change its name to Valaris.
Union wants breakaway North Sea drillers ‘back around negotiating table’
Unite is seeking to re-establish negotiations with a “breakaway” group of drilling firms after workers last month rejected a “derisory” pay offer.
North Sea drillers snub ‘inferior’ pay offer from ‘breakaway group’
Scores of offshore drillers have rejected an "inferior" pay offer from a group of companies accused of snubbing a collective agreement.
‘Breakaway’ drilling contractors condemned by union over ‘inferior offer’
A "breakaway" group of drilling contractors looking to offer different terms to workers have been condemned by a trade union.
Ensco Rowan awarded £140m in case against Korean yard
Drilling rig contractor Ensco Rowan has been awarded £140 million in damages in its proceedings against Samsung Heavy Industries, a shipyard in South Korea.
EnscoRowan sees losses widen
EnscoRowan has announced a widening in pre-tax losses for the first quarter of 2019.
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.