/drill-rigs?format=feed Drill Rigs en-US Mon, 23 Dec 2024 06:06:05 -0500 /news/520554-the-five-trends-driving-offshore-oil-gas-in-2025 [1] Flat Outlook for Global Spend … but … Aadvantaged Projects Attract CapitalWith concerns of a softening oil market, we expect global upstream investment to remain flat or even fall – indeed… Mon, 23 Dec 2024 11:06:05 Z /news/520554-the-five-trends-driving-offshore-oil-gas-in-2025 /news/514717-saudi-aramco-jackup-suspensions-the-story-so-far Saudi Aramco’s ambitious post-Covid jackup fleet expansion program, in which the operator looked to increase its fleet size from approximately 49 jackups in June 2022 to 90 in just two years… Tue, 25 Jun 2024 10:37:06 Z /news/514717-saudi-aramco-jackup-suspensions-the-story-so-far /news/512432-tyra-ii-production-successfully-restarted The Tyra Redevelopment Project (Tyra II) has restarted production. At plateau, the Tyra hub will produce 5.7 million cubic meters of gas and 22,000 barrels of condensate per day… Fri, 22 Mar 2024 06:47:23 Z /news/512432-tyra-ii-production-successfully-restarted /news/511702-are-north-sea-jack-ups-set-for-flat-2024 Global jack-up marketed utilization has been on an upward trajectory since 2017, reaching its peak of 94% at the end of 2023. However, the outlook for the year ahead looks somewhat flat… Wed, 21 Feb 2024 19:35:05 Z /news/511702-are-north-sea-jack-ups-set-for-flat-2024 /news/505868-the-rise-of-the-mighty-middle-eastern-jackup-market It’s hard to believe that once upon a time the Middle Eastern jackup segment comprised of less than 60 units when today marketed supply sits just shy of three times… Fri, 16 Jun 2023 10:15:02 Z /news/505868-the-rise-of-the-mighty-middle-eastern-jackup-market /news/499640-transocean-lands-17-well-deal-in-norway Austria's OMV and German operator Wintershall Dea have jointly contracted Transocean's Transocean Norge semisubmersible drilling rig for drilling 17 wells in Norway… Thu, 22 Sep 2022 08:50:28 Z /news/499640-transocean-lands-17-well-deal-in-norway /news/498388-shell-books-stena-don-for-uk-drilling-p-a Shell UK has signed a one year contract, with a year extension option, with Stena Drilling for the use of the Stena Don in the UK North Sea. The contract is due… Fri, 29 Jul 2022 11:28:14 Z /news/498388-shell-books-stena-don-for-uk-drilling-p-a /news/493521-baker-hughes-finds-us-drillers-add-most-o-g-rigs-since-april U.S. energy firms this week added the most oil and natural gas rigs in a week since April as rising oil prices prompt more drillers to return to the wellpad.The oil and gas rig count… Fri, 14 Jan 2022 20:00:16 Z /news/493521-baker-hughes-finds-us-drillers-add-most-o-g-rigs-since-april /news/489586-market-report-transformation-on-the-horizon-in-the-offshore-rig-market The offshore drilling rig market is showing remarkable signs of recovery despite having faced severe headwinds of late. Throw the “green” rig revolution and further consolidation into the mix… Mon, 02 Aug 2021 12:45:48 Z /news/489586-market-report-transformation-on-the-horizon-in-the-offshore-rig-market