jackups
-
The contractor sells rigs and Qatar JV stake to Gulf Drilling International in $338 million deal. -
The heated global jackup rig market has day rates for premium units climbing higher.
-
High demand for offshore services makes for robust charter rates.
-
New Fortress Energy has installed the first of three jackup-based LNG units at the Altamira site.
-
New Fortress Energy said its newly converted jackup facility has sailed for waters offshore Mexico where it plans to produce 1.4 mtpa of LNG.
-
A flurry of activity has resulted in several long-term contract extensions.
-
When a rig is stacked, its owner has two choices: spend millions to keep it in good shape, or let it rust out. These two companies describe what it is like to maintain their assets for the day that a contract comes.
-
The merger of Ensco and Rowan creates a company with growing cash flow from the biggest fleet of jackup rigs, and growth potential as deepwater drilling comes back.
-
The success of an upstream startup in the 1970s might offer lessons for those entering the oil and gas industry today.
-
A strong reason for removing old platforms from the Gulf of Mexico, rather than trying to squeeze more years of marginal production out of them, is hurricanes.
