Offshore Oil & Gas news

Looks like speculators are picking up drillships at bargain prices with a hope to make a killing:

About time. Upgraded and converted several times, but everything has to come to and end.

Looks like Noble make good use of the rigs they inherited when merging with former Maersk Drilling:

Armageddon was filmed on that rig

Seadrill Sets New Record with Cycle-High Dayrate of $545,000 (gcaptain.com)

She also set a record for semi- submersible anchored rigs when drilling in 2360 m. WD off Fakfak, West Papua in 2011. (I was there)