ON FLEET EXPANSION QUEST DOLPHIN DRILLING SNAPS UP TWO TRANSOCEAN RIGS ...

Dolphin drilling rig fleet status

Dolphin drilling rig fleet status

The current status of the rig fleet is illustrated below: The idle Borgland Dolphin remains a financial drag, incurring daily operating expenses of USD 26,000 while generating no revenue. Management continues to actively market this rig from its current location in Las Palmas. [pdf]

Drilling rigs hit transocean

Drilling rigs hit transocean

Transocean (RIG) is making headlines with its strategic decision to divest five drilling rigs, such as the Discoverer Clear Leader and Discoverer Americas. This move is poised to result in an estimated $1.9 billion impairment charge for Q3. [pdf]

Offshore drilling rig fleet

Offshore drilling rig fleet

According to data from Westwood’s RigLogix, the global offshore rig fleet size ended 2023 at 728 jackups, semisubs and drillships, down by a net one rig from the end of 2022. This is a considerable slowdown in supply shrinkage over the past several years. [pdf]

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