As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil pri…
Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.
The post Rig gigs of $900 million push Valaris’ back…
Rig gigs of $900 million push Valaris’ backlog to $4.7 billion Read More »
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed multiple new work assignments in Africa, Southeast Asia, and North America. As a result, 25 of our 29 rigs are either contracted or committed, with six in Southea…
25 rigs out of Borr Drilling’s 29-strong fleet either on hire or with jobs lined up Read More »
With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-dr…
With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Golden Triangle, the U.S. Gulf, South America, and West Africa as the key…