Offshore drilling contractor Seadrill has confirmed that one of its drillships kicked off its assignment at a field offshore Brazil with the country’s oil and gas giant, Petrobras. West Tellus drillship; Source: Seadrill Back in […]
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 […]
According to a Reuters article, Seadrill proposed a debt write-off of just over $4.8 billion. That would cut its debt by more than 86.5 per cent to $750 million. The media outlet claimed that Seadrill has […]
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