The North Sea semisubmersible (semisub) market hit 100% utilisation at the height of summer this year, however the reality is that shrinking supply has accentuated this, rather than soaring demand.
US offshore drilling rig operator Noble Corp has announced it will acquire smaller rival Diamond Offshore in a cash and stock deal worth around $1.59 billion (£1.25bn).
"This will be the third of our rigs to work in Block 52 and we look forward to getting the Voyager back in action in early 2024.”
Vice president of exploration Mohd Redhani Abdul Rahman said the success would “drive further exploration for commercially viable hydrocarbon resources in the surrounding areas”.
Noble Corp, the world’s biggest offshore oil-rig contractor by market value, expects the Biden administration’s new offshore-drilling plan to push new investments out of the US and into other parts of the world.
“Our rig is still available,” a Palmeron official said. “We believe the contract should be ours. If we do it, we would be the first local contractor in Africa to do drilling. We want the IOCs and the world to encourage us,” he continued.
Noble Corp. and Maersk Drilling have set out the executive team that will lead the new company, confirming Noble’s Robert Eifler as president and CEO.
TotalEnergies has chosen to exercise an option with Maersk Drilling for another well in Block 58, offshore Suriname.
Maersk Drilling and Petrogas North Sea have agreed to exercise an option that will see the Maersk Resilient rig drill an appraisal well at the Birgitta field.
Shell Offshore has reported damage to its West Delta-143 (WD-143) offshore facilities following Hurricane Ida.
Four workers on the Noble Globetrotter II have been evacuated after the drillship was caught up in Hurricane Ida.
Noble Corp. has reported its Noble Globetrotter II drillship is safe after undergoing “hurricane-force conditions”.
Noble Corp., the offshore drilling contractor, filed for bankruptcy with a plan to cut more than $3.4 billion of debt after a crash in crude prices made undersea oil wells too expensive.
Saudi Aramco has paused its contract for the High Island IV jack-up rig, owned by Shelf Drilling.