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.
Rowan
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.
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.
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.
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.
Ensco raises offer for merger with rival rig contractor Rowan
Rig contractor Ensco has increased its takeover offer for rival firm Rowan.
Rowan wins £17.7m contract for Equinor’s Gudrun field
The Rowan Stavanger jack-up rig has won a £17.7million contract for drilling work at Equinor’s Gurdrun field.
Rowan sells two jack-up rigs to its Saudi Aramco JV in £200m deal
Offshore driller Rowan has sold two jack-up rigs to its Saudi Aramco joint venture in a deal worth £202million.
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.
Rowan sees “healthier dynamic” for North Sea
Rowan says it has built-up a backlog of work showing a “healthier dynamic” within the North Sea region.
ARO Drilling wins four contracts from Saudi Aramco for Rowan jack-ups
ARO Drilling has won four contracts from Saudi Aramco for Rowan jack-up rigs.
Chrysaor announces ‘innovative’ multi-well partnership with BHGE
Chrysaor has announced a new North Sea drilling campaign with Baker Hughes, a GE Company (BHGE).
Rowan and Aramco in ‘ground-breaking’ JV
Drilling firm Rowan has started operations in a "ground-breaking" joint venture with Saudi Aramco.
BP selects Rowan for Trinidad drilling campaign
Rowan Drilling is to provide two rigs for an upcoming BP campaign in Trinidad and Tobago.
VIDEO: Rowan rig leaving Dundee
Video footage of an oil rig leaving Dundee has been published online. The clip, uploaded to YouTube by Stuart Burns, shows the Rowan Gorilla V rig being towed up the Tay and past Broughty Castle. The 20,000-tonne vessel arrived in the city in June.
Rowan hit by $24m loss in fourth quarter
Rig owner Rowan suffered net losses of $24.4million in the fourth quarter of 2016, driven by double-digit declines on the deepwater and jack-up segments.
Rowan, Saudi Aramco sign deal on offshore drilling rigs
Rowan Companies has struck a joint venture with Saudi Aramco to operate offshore drilling rigs in Saudi Arabia.
Total agrees drilling extension with Rowan
Total has agreed a drilling extension with Rowan Drilling.