Oil rig news
Rystad Energy: rig utilisation could fall by 18% in Southeast Asia in 2020
Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline, according to analysis by Rystad Energy.
International Maritime Industries completes rig revamp
The ARO-2003 (SAR201) jack-up rig has been repaired and overhauled for ARO Drilling.
Head Energy awarded well hook-up contract
Engineering for the two well hook-ups at the Brage platform will start immediately.
OWI EU 2020: Positioning the North Sea as the global centre of excellence for offshore well intervention
A surge in offshore well intervention activity over recent years is helping the North Sea develop into a global centre of excellence for innovative oilfield services.
Island Offshore awarded contracts for platform supply vessels
The two LNG-fuelled PSVs Island Crusader and Island Contender, as well as a third sister vessel Island Commander, have ben contracted by Lundin Norway.
Equinor employee at Martin Linge field tests positive for Covid-19
The employee had recently been to Austria and is not seriously ill.
Shelf Drilling receives extension on jack-up rig for Egypt operations
The contract extension is for the Trident 16 jack-up rig, which is operating in the Gulf of Suez offshore Egypt.
Siemens to modernise jackup rig in Middle East
Siemens will modernise a complete and integrated drilling-drives lineup, including auxiliaries and controls, that will be installed on an offshore jackup drilling rig for a customer in the Middle East.
Borr Drilling enters financing agreement for Tivar jack-up rig
The existing US$50 million bank delivery financing for the rig will be replaced with a new US$100 million take out facility maturing in 31 December 2021.
Aquaterra Energy to design offshore platform for Chevron
The company is to design and support installation of a Sea Swift offshore platform off the coast of Angola.