The $261 million contract is a major boost for Vantage, which regarded the job with India’s state-controlled Oil & Natural Gas Corporation (ONGC) as a key opportunity to bring the drillship back to ...

Valaris secures $519M, 1,064-day Petrobras contract for drillship VALARIS DS-4 offshore Brazil. Valaris sees significant earnings boost as rigs, including VALARIS DS-4, reprice day rates from low ...

Transocean Ltd. announced the sale of two drillships for a total of $342 million with proceeds directed towards reducing debt. Transocean's net debt and normalized net debt are substantially higher ...

Valaris Limited VAL, an offshore driller, has successfully secured new deals and contract extensions, adding approximately $1.14 billion to the firm backlog, excluding mobilization fees and capital ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Transocean, Inc RIG, a leading international provider of ...

The CAN DO drillship will be the front runner in exploration, development and completion operations. Following positive feedback and strong enquiries from the market, Keppel FELS Ltd (Keppel FELS), a ...

Transocean owns the most technically capable fleet in the offshore drilling industry. The crown-jewel assets are the Deepwater Titan and the Deepwater Atlas, the only two 8th-generation drillships in ...

Italian oil major Eni has awarded a two-year contract extension to Saipem’s 7th-generation Santorini drillship. Saipem said that the contract extension, which would give continuity to the ongoing ...

During a violent storm, a drillship’s anchor system became the turning point that sealed the crew’s fate. What should have been a safety lifeline turned into a deadly chain reaction, ending with the ...