drilling rigs
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Transocean rigs will start new contracts in Brazil in the second half of 2023. -
Nabors' RZR-equipped rig has successfully drilled multiple horizontal wells in the Permian Basin.
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Group will inspect and audit drilling rigs for Petronas over the next 3 years.
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New awards and extensions to previous work are valued at almost $500 million.
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A new report shows that the tight offshore rig market is even tighter than most estimates reflect. This offers relief to battered drilling contractors which are now demanding higher dayrates.
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The combined company will get a new name and a new focus on offshore renewables and other clean energy projects.
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Ecuador program will involve over 40 wells over 18 months.
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The DS-16 is one of four Valaris rigs undergoing reactivation work for new drilling contracts.
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Drillers are feeling good about higher oil prices, but only to a point.
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The fresh investment will result in the manufacture of new drilling-related equipment to assist the national oil company in boosting production capacity.
