The last ship drilling rig
Top 10 offshore rig managers expand their dominance
Shelf then set up an entity called Shelf Drilling North Sea to manage the rigs. Parent company Shelf Drilling also made one other rig acquisition last year when it purchased
Jack Up Rig Explained: How It Works and Why It''s
A Jack Up Rig is the most high-class asset in offshore oil drilling, with its utilisation rates ranging between 92% and 97% across southeast Asia,
Westwood Insight – US Gulf drillship fleet heading into rough waters
The US Gulf drillship sector is facing a lull in activity not seen since 2018, with several units poised to roll off charter.
Jack Up Rig Explained: How It Works and Why It''s Essential for
A Jack Up Rig is the most high-class asset in offshore oil drilling, with its utilisation rates ranging between 92% and 97% across southeast Asia, Indonesia and the US. Popular
What is a Drill Ship? What Does It Do?
What is a drill ship? If you are familiar with the traditional oil rigs used in offshore drilling, you won''t have trouble understanding how a drill ship
Drill Ships: Everything You Need to Know
An integral part of the construction of a drill ship is the crane-like framework that hoists and lowers the drilling apparatuses from and into the
Types Of Drilling Rigs In Oil & Gas
Drilling rigs (check also: drilling rig components) In oil and gas are classified according to field operations into two major types (land rigs and
Weekly Global Offshore Rig Counts
6 days ago· Weekly offshore rig count totals for jackup and floating drilling rigs across the key global regions, with data provided by RigLogix.
Oil Drilling Rigs: Everything You Should Know (2024)
9. Drill Ships (Floaters) A drillship is an offshore drilling rig built on a large sea vessel base. It is an excellent choice for mobile offshore drilling operations.
Westwood Insight – US Gulf drillship fleet heading into
In 2015, there were 17 active operators that used one or more drillships during the year. By comparison, in 2024, the total number of active
Report: ''Big 3 offshore drillers'' reporting increasing day rates
By Bruce Beaubouef, Managing Editor The "Big 3" offshore drillers – listed as Transocean, Noble Corp., and Valaris by Evercore ISI – are all reporting "strong offshore
What is A Drill Ship Rig: Key Components and
A drill ship rig is a spectacular and adaptable engineering wonder in the realm of offshore oil and gas drilling. These vessels combine the
The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?
The most recent drillship taken out of the drilling fleet was Transocean''s 6 th generation Ocean Rig Olympia, which is to be converted for deep-sea mining. Meanwhile, Noble recycled the 6
Drillship Attrition – Lifetime revenue vs construction cost a
Predicting future rig attrition is not an exact science, but there are certain metrics that can help identify those rigs, and we believe that the lifetime revenue versus construction
Who will purchase the last remaining newbuild drillship?
The last remaining state-of-the-art newbuild drillship available for purchase is located in Singapore, but is struggling to attract a potential buyer.
Ten largest offshore rig contractors control 44% of
Energy Drilling manages the tender-assist rigs, while the others manage the drillships and semisubs. As of the end of 2021, the ten largest
Fatih (drillship)
Fatih, ex Deepsea Metro II, is a Turkey - flagged sixth generation ultra deepwater drillship owned and operated by the state-owned Turkish Petroleum Corporation (TPAO). She is Turkey''s first
Deepwater Horizon explosion
Pre-explosion risks and precautions Deepwater Horizon drilling rig before the explosion In February 2009, BP filed a 52-page exploration and environmental impact plan for the Macondo
Another drillship begins its maiden voyage
The rig is expected to arrive in Labuan on April 18. The drillship was originally ordered in 2013 by Seadrill. However, the order was canceled in the wake of the offshore
Offshore Drilling Fleet | Transocean
Industry''s Finest The company''s unsurpassed experience allows us to meet our customers'' geographic and technical needs in some of the most challenging
Top 10 offshore rig managers expand their dominance
Shelf then set up an entity called Shelf Drilling North Sea to manage the rigs. Parent company Shelf Drilling also made one other rig
Samsung Finds a Buyer for Canceled Ocean Rig
Italian offshore services company Saipem has bought the seventh-gen drillship Santorini from Samsung Heavy Industries for a deeply-discounted
Offshore Drilling Outlook to 2035
Operators have not increased their ofshore exploration capex, maintaining low activity levels. Marketed utilization has been reduced to ~62-69% for ofshore rigs with an increasingly large
Drillship Attrition – Lifetime revenue vs construction
Predicting future rig attrition is not an exact science, but there are certain metrics that can help identify those rigs, and we believe that the

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