Rigs
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Maritime News
Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs
Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one…
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Port News
Adnoc Drilling clinches $1.15bn jackup rigs deal
UAE-based Adnoc Drilling has landed a $1.15bn jackup rig contract from state-owned Abu Dhabi National Oil Company (ADNOC). The deal…
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Port News
Seatrium and Cochin Shipyard form jackup rigs tie-up
Singapore shipyard group Seatrium has joined forces with Indian builder Cochin Shipyard in the offshore sector. The two yards have…
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Marine World
Keppel to Take Full Control of Legacy Rigs Amid Offshore Market Rebound
Singapore-based rig builder Keppel Ltd. is set to secure complete control over 13 legacy rigs currently held by Rigco Holding…
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Port News
Keppel takes control of 13 legacy rigs amid hot offshore market conditions
Singapore conglomerate Keppel has taken control of the 13 legacy rigs held by Rigco Holding at a time of improved…
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Marine World
Deepwater Oil Rigs May Fetch $600,000 a Day as Spending Expands
(Bloomberg) — The price to rent a deepwater drilling rig may climb to near record levels if demand from oil companies continues…
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Port News
Transocean finds buyer for two rigs worth $342m
Offshore driller Transocean has entered into agreements with a third party to sell two of its rigs for a total…
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Marine World
Oil Driller Borr Sees Wave of Shallow-Water Rigs Retiring
(Bloomberg) — Offshore oil contractor Borr Drilling Ltd. expects almost a third of the world’s fleet of shallow-water rigs to…
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Maritime News
Video: Two Swimmers Found Clinging to Oil Rig’s Anchor Chain
On Friday evening, the Invergordon RNLI lifeboat rescued two friends who were stranded on the anchor chain of a cold-stacked oil…
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Marine World
VIDEO: How Offshore Oil Rigs Work
Without a doubt, the highest quality, most interesting, maritime and offshore videos of today are produced by Wendover Productions.…
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