Oil rig news

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.

Fugro has won a long-term contract for the provision of rig positioning services to Statoil Petroleum AS.

Over US$83.1 billion in capital expenditure will be spent over the lifetime of the top 10 onshore oil projects to produce 9.7 billion bbls of crude oil, according to GlobalData, a leading data and analytics company.

Confidence within the oil and gas industries has surged after a difficult three years, according to a survey by DNV GL.

The International Marine Contractors Association’s (IMCA) Capt Andy Goldsmith, Technical Adviser – Marine, will be speaking on crucial aspects of Dynamic Positioning (DP) at the European DP Conference in London on 6 February.

Rising oil prices have drawn more eyes to the offshore markets. There are signs of green shoots after a period of depressed sentiment that started in late 2014, pushing asset values downwards through 2016.

Transocean Ltd. has announced that it concluded its extraordinary meeting of shareholders approving all of the proposals related to the acquisition of Songa Offshore SE.

Vantage Drilling International have signed a contract which continues their working relationship with their client CPOC.