Fossil Energy – Merger
ADES and Shelf Drilling have completed their planned merger, with Shelf Drilling now wholly owned by ADES.
[Read more…] about ADES completes merger with Shelf DrillingExpansion offshore portfolio with five Jana jack-up barges
General – ARAMCO
Synergy Ship Arabia has assumed full technical management of five self-propelled jack-up barges owned by Jana Marine, along with several other offshore support vessels deployed for ARAMCO projects.
[Read more…] about Expansion offshore portfolio with five Jana jack-up bargesBorr Drilling terminates two rig contracts due to sanctions
Fossil Energy – Termination
Borr Drilling announced Friday it has terminated two drilling contracts in Mexico following the implementation of international sanctions affecting an unnamed counterparty.
[Read more…] about Borr Drilling terminates two rig contracts due to sanctionsSaipem strengthens offshore drilling order intake
Fossil Energy – Drilling
Saipem has strengthened its offshore drilling order intake with new contract awards and extensions, worth a total of approximately $ 135 million USD.
[Read more…] about Saipem strengthens offshore drilling order intakeDEME acquires 50% stake in BAUER Offshore Technologies
General – Acquisition
The BAUER Group announces that DEME Offshore has acquired a 50% stake in BAUER Offshore Technologies, headquartered in Schrobenhausen.
[Read more…] about DEME acquires 50% stake in BAUER Offshore Technologies