Offshore drilling company Transocean has agreed to invest in DEME Group’s subsidiary Global Sea Mineral Resources NV (“GSR”) in exchange for a non-controlling stake in the company. GSR is the deep-sea mineral exploratory company engaged […]
Offshore drilling contractor Transocean has seen its total backlog reach $7.3 billion after adding approximately $1.6 billion of new fixtures to it. The company has issued an update in its Fleet Status Report, showing more […]
Dayrates for offshore rigs close to $400,000 Mergers, scrapping rigs leaves fewer, leaner drillers Europe seeks to wean itself off Russian fuel OSLO, May 27 (Reuters) – Rental rates for offshore oil and gas rigs […]
Offshore drilling rig contractors Transocean Ltd and Dolphin Drilling have made a new offer to buy the assets of stricken rival Seadrill Ltd, Dolphin’s chief executive said on Friday. Oslo-listed Seadrill, founded by Norwegian-born tycoon […]
Total contract drilling revenues were $690 million (total adjusted contract drilling revenues of $747 million), compared with $773 million in the third quarter of 2020 (total adjusted contract drilling revenues of $830 million); Revenue efficiency(1) was 97.2%, compared with 96.6% in […]
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