Oil rig news

NES Sure Flow has invested in a new office in Midland, Texas.

Maersk Invincible is being supplied with electricity through the Valhall field. It is probably the first time ever a drilling rig is being powered fully from shore.

Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt.

Transocean Ltd. has announced that it has completed the previously disclosed transaction to sell its jackup fleet to Borr Drilling Limited for a total consideration of approximately US$1.35 billion.

In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands such as Borr Drilling’s acquisition of Transocean’s jackup fleet and Shelf Drilling’s acquisition of three Seadrill jackups.

The rig was named Heydar Aliyev at a ceremony in Azerbaijan by the President of Azerbaijan, Ilham Aliyev.

Aker BP has received consent to use Mærsk Invincible for plugging wells at Valhall.

Flintstone Technology has developed a new subsea tensioned mooring system that will be officially launched at OTC.

Mike Seymour, Global QHSSE Director, Speedcast, explains why safety in the oil and gas industry is a top priority.

Sound Energy, the African and European focused upstream gas company, has announced the mobilisation of a rig to the company's Sidi Moktar asset, onshore Morocco.