Transaction
Saipem has agreed to sell its Saudi Arabian subsidiary’s shallow-water drilling operations to ADES Holding subsidiary ADES Saudi for $285 million.
[Read more…] about Saipem transferring shallow-water drilling fleet to ADESVelesto’s jack up rig secured for Gulf of Thailand drilling campaign
Fossil Energy
Malaysia’s oil and gas services firm Velesto Energy has secured a contract from Northern Gulf Petroleum (NGP) for the provision of jack-up drilling rig services offshore Thailand.
[Read more…] about Velesto’s jack up rig secured for Gulf of Thailand drilling campaignValeura charters Shelf Drilling’s 19-year-old rig
Fossil Energy – Drilling
Valeura Energy has chartered a jack-up drilling rig owned by UAE-based Shelf Drilling for multi-year work in the Gulf of Thailand.
[Read more…] about Valeura charters Shelf Drilling’s 19-year-old rigPV Drilling names its super rig in Ho Chi Minh City
Fossil Energy – Drilling
On March 27, at the PTSC Downstream Port in Rach Dua Ward, Ho Chi Minh City, PetroVietnam Drilling and Well Service Corporation (PV Drilling) held a naming ceremony for the multi-purpose jack-up rig PV DRILLING IX.
[Read more…] about PV Drilling names its super rig in Ho Chi Minh CityInstallation vessel with longest legs
General – Newbuilding
ZPMC has officially begun with the construction of China’s deepest-operating jackup vessel, featuring the longest legs in its class.
[Read more…] about Installation vessel with longest legsBorr Drilling JV to acquire Fontis Energy jackups
General – Acquisition
Borr Drilling has entered into definitive agreements to acquire five jackups from Paratus Energy Services indirect subsidiary Fontis Finance for a purchase price of $287 million.
[Read more…] about Borr Drilling JV to acquire Fontis Energy jackupsVelesto inks five-year drilling deal with Petronas
Fossil Energy – Drilling
Malaysia’s oil and gas services firm Velesto has secured a five-year drilling contract from Petronas for its NAGA 2 jack-up rig.
[Read more…] about Velesto inks five-year drilling deal with PetronasBorr Drilling secures new jack up work and extensions
Fossil Energy – Drilling
Borr Drilling reported a series of recent contract extensions and new assignments for several of its jack up drilling rigs.
[Read more…] about Borr Drilling secures new jack up work and extensionsBorr Drilling officially expands premium jack-up rig fleet
General – Fleet Expansion
Borr Drilling has completed the acquisition of five premium jack-up rigs for a total purchase price of $360 million.
[Read more…] about Borr Drilling officially expands premium jack-up rig fleetSeatrium wins repeat Kingdom 4 jack-up contract
General – Newbuilding
Seatrium Offshore Technology has secured a repeat contract from International Maritime Industries for Kingdom 4, a LeTourneau Super 116E Class jack-up rig, deepening offshore drilling cooperation in the Kingdom.
[Read more…] about Seatrium wins repeat Kingdom 4 jack-up contract