The Scottish tech firm developing fully automated offshore search and rescue
Scottish technology firm Zelim has a simple mission statement at its heart, to “make unmanned search and rescue the industry standard”.
Valaris
Valaris rig heads for North Sea contracts with Ithaca Energy and Shell
Valaris (NYSE: VAL) has mobilised its 123 jack-up rig for work with Ithaca Energy, Shell and TAQA in the North Sea which could keep it busy for the next two years.
Interocean launches ultra-fast inspection drone
Specialist provider of offshore support services, Interocean Marine Services has carried out an ultra-fast demonstration integrity inspection on the Valaris Viking jack-up rig.
Analysis highlights lack of spare rigs left in North Sea
New analysis has highlighted the lack of spare capacity of oil and gas rigs to carry out work in the North Sea.
Valaris 143 contract with Aramco suspended
Valaris has announced its Saudi Arabia joint venture firm, ARO Drilling, has received a notice of suspension on a contract.
HSE: 85kg dropped object on Valaris rig could have been fatal
The Health and Safety Executive (HSE) has reprimanded Valaris after an 85kg object was dropped on one the company’s rigs that could have resulted in a fatality.
Valaris lands UK contracts with Shell, Harbour, TotalEnergies and Ithaca
Valaris has revealed a number of contracts in UK waters in its latest fleet status report as it boasts a $3.9 billion backlog.
Shell signs rig contract with Valaris for Selene and Pensacola wells
Shell has confirmed a drilling contract for the Valaris 123 jackup rig for the Selene exploration well and Pensacola appraisal well.
Boost for North Sea as Valaris unveils swathe of rig deals
Offshore drilling contractor Valaris (NYSE:VAL) has announced a swathe of new contracts and extensions, with its order backlog rising to $1.14 billion.
Global offshore rig market could reach 96% utilisation in 2024
Westwood expects offshore rig dayrates to continue their upward trajectory across the board in 2024 as supply tightens.
Valaris rig to stay in Brazil, with a day rate boost
The rig has repriced from a rate in the “low $200,000s”, the executive said. Now, it is priced at "an effective day rate in the high $400,000s”. The price suggests a day rate of around $488,000.
Valaris splashes out $337m on new Drillships this Christmas
Valaris has given itself an early Christmas present with the gift of two drillships.
‘Accident waiting to happen’: Valaris fined £130k after North Sea crane boom collapse
Drilling company Valaris (NYSE: VAL) has been fined £130,000 by an Aberdeen court following a North Sea crane boom collapse in 2016.
Exodus of rigs could have ‘serious impact’ on North Sea plans
An exodus of oil rigs means the North Sea market is expected to “tighten considerably” over the next two years, according to new analysis.
Shelf Drilling Perseverance rig to depart North Sea for £58m Vietnam contract
Sun sets on Perseverance rig's time in the North Sea, with Shelf Drilling announcing a 16 month contract with PetroVietnam.
The great drilling rig migration: jacking up and shipping out
Now that rates are rising, Middle Eastern demand is slowing – but Southeast Asia has been touted as the next step.
Valaris wins 55-well decommissioning deal with Eni UK
Valaris now has a contract backlog of $3.2 billion.
‘Localised fire’ on Valaris rig at Port of Dundee
Emergency services attended a fire within a docked oil rig in Dundee on Friday morning.
Investigation continues six months after North Sea worker went missing
Investigations are continuing six months after worker Jason Thomas went missing from the Valaris 121 North Sea oil rig.
Valaris 121 returns to North Sea for first time since worker went missing
The Valaris 121 arrived in Dundee in January – where it remained until earlier this week – two days after a worker on board was reported missing.
Valaris boosts buybacks amid steady Q1 performance
Drilling rig operator Valaris upped its share repurchases amid a steady quarter in which it grew both its backlog and net income.
Valaris lands North Sea rig deals with Harbour and NEO Energy
Valaris (NYSE: VAL) has landed a pair of North Sea rig deals with operators Harbour Energy (LON: HBR) and NEO Energy.
HSE issues ‘safety alert’ amid fears missing worker fell through hole on oil rig deck
There are concerns that other North Sea rigs could have the same issue as the Valaris 121, where 50-year-old Jason Thomas went missing in January.
Valaris rig heads to New Zealand for Beach
Beach is working in the Taranaki Basin, where it intends to press ahead with phase 2 of the Kupe field development. This is in PML 38146.
XR beams ‘Stop Rosebank’ message onto Valaris 121 rig in Dundee
Campaign groups projected messages calling for an end to new fossil fuels onto the rig, which has been the focus of a missing persons investigation.