Diamond Offshore has secured rights to market three new 7th-generation drillships. The Houston-based drilling contractor has sealed a deal with the owner of West Dorado and West Draco (Pictured) to market the rigs in Brazil, Latin America, West...
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Looks like speculators are picking up drillships at bargain prices with a hope to make a killing:
The rigs were picked up from Samsung Heavy Industries last year by Eldorado Drilling , backed by several high-profile investors, including Tor Olav Trøim, Harald Moraeus Hanssen, Petter Stordalen, Torstein Tvenge, Gunnar Hvammen and Jan Haudemann-Andersen.
Norwegian outfit Eldorado Drilling, backed by several high-profile investors, has raised $130m to fund its offshore rig acquisition programme. The offshore drilling newcomer picked up newbuild ultra-deepwater drillships West Dorado and Pacific Zonda,...
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New York-listed offshore drilling contractor Diamond Offshore has sold its 50-year-old semisub rig for recycling. Cash buyer Best Oasis has picked up the 1974-built Ocean Monarch for $7.5m. Diamond Offshore has been marketing the rig for sale since...
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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:
The rig owner said that an undisclosed operator hired its Noble Resolve jackup for a campaign that will consist of plug-and-abandon work on 13 wells. It is expected to begin in the second quarter of 2025 and last approximately 170 days. The contract...
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Norwegian offshore vessel players Island Offshore and Tidewater’s Troms Offshore have secured PSV contracts with compatriot well management firm, Well Expertise. The 2012-built Island Contender and Troms Sirius have been fixed for about 60 to 90...
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Dipsea
May 10, 2024, 11:02pm
145
Armageddon was filmed on that rig
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)
More Mexico activity reported:
The Zama field partners have awarded French engineering company Doris a front-end engineering and design contract (FEED) for the development of the field. The FEED work will be based on the scope of the field development plan approved by Mexican...
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Once these studies have been finalised, the Zama partners will proceed with the tendering process for the engineering, procurement, and construction contracts, followed by the final investment decision. The operator of the Zama field is Mexico’s Pemex with a 50.43% stake while Wintershall Dea, Talos Energy, and Harbour Energy hold 19.83%, 17.35%, and 12.39%, respectively.
Brazil’s Petrobras is also busy:
Nasdaq-listed oilfield services major Baker Hughes has picked up a significant order from Petrobras for workover and plug and abandonment services in pre-salt and post-salt fields offshore Brazil. The multi-year project, with an undisclosed value, is...
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Marine seismic specialist SeaBird Exploration has agreed to extend a firm duration of a contract for the vessel Eagle Explorer. SeaBird penned a letter of award with an unnamed repeat client for a 2D survey in the Western Hemisphere and secured a...
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The contract is reportedly for ocean bottom node source work for undisclosed client in the western hemisphere.https://www.sbexp.com/the-fleet/eagle-explorer/
The vessel arrived Galveston this morning:
Just took a glance at day rates for drillship companies, very low which explains why there hasn’t been many comments from drillships mates or engineers on this forum. Looks like the companies are in survival mode since their over investing spree 10 years ago. Pay likely hasn’t kept up with the commercial sector either.