Oil rig news

Proserv, an energy services company, has announced the completion of a successful financial restructuring, strengthening the long term plans of the company.

The report, from the RigLogix data service at Westwood Global Energy Group, presents a detailed analysis and one-year forecast of supply, demand and utilisation of the global jackup and floating rig fleets.

The announcement also sees Vryhof businesses secure contracts in Cooper’s main target drilling area - offshore Victoria, Australia - for the first time.

The LJ43 design has been selected as the bases for a new building programme of drilling jack-ups which are to be built at the new IMI yard in Ras Al Khair, eastern Saudi Arabia.

AGR, the well design and drilling project management firm, has agreed to host its iQx software on the platform, which contains information that is vital to companies selecting locations of wells.

Due to its crablike motion characteristics, Chela can reach below the cantilever as well as elevate towards the main deck, providing crane access to an area traditionally blocked by the cantilever when drilling.

In order to drill the well the Joint Venture was required to apply to the Ministry of Mines and Energy in Namibia for permission to enter the next phase of the licence, the Second Renewal Exploration Period.

Drilling is performed by the brand new Cat J rig Askepott, purchased by the licence. This is the first job performed by this rig.

Heerema Fabrication Group awarded DGI Doedijns, specialist in engineered hydraulic solutions, to design and deliver the Flooding System Upend Control System for the ‘Peregrino II Jacket’.

Ocean Installer wins major Johan Castberg marine operations contract in the Barents Sea.