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Noble Corporation narrows second quarter loss
2019-08-02 - Offshore drilling contractor Noble Corporation reduced its quarterly loss as its revenues grew during the second quarter of 2019, but the company was affected by a charge related to the Paragon Offshore spinoff.  Noble Houston Colbert; Source: Noble Corp. Noble on Thursday reported a net loss attributable to the company ..
VIDEO: Former Paragon jack-up leaves Port of Esbjerg
2019-01-21 - The Haeva jack-up rig, previously named Paragon HZ1, has left the Port of Esbjerg in Denmark. Haeva rig; Source: Jutlandia Jutlandia, an on- and offshore service provider, said on Monday that the rig, now sold to Dixtone Holding, was moved to Flushing in the Netherlands. The company has been servicing the rig since it firs..
Popular offshore industry news in 2Q 2018
2019-01-01 - The most popular news at Offshore Energy Today during the second quarter of 2018. Most read articles in April Two injured, one missing after drilling vessel catches fire off Malaysia Ensco sees one contract terminated as three rigs go to scrapyard Transocean secures work for four semi-submersibles Heerem..
Popular offshore industry news in 1Q 2018
2019-01-01 - The most popular news at Offshore Energy Today during the first quarter of 2018. Most read articles in January WesternGeco exiting seismic acquisition business Transocean finds work for idle drillship Samsung has a buyer for Stena MidMax drilling rig Stena Drilling to cut crew as three drillships remain ..
Borr Drilling sees strong case for jack-up market recovery
2018-11-21 - Jack-up drilling company Borr Drilling is seeing an increase in jack-up rig utilization, especially in the premium jack-up rig segment, mostly in the Middle East, West Africa, Mexico, and the North Sea. Illustration only. Image source: Pixabay The driller, which currently owns 20 premium jack-ups delivered in 2001 and af..
Dry hole for Tullow off Namibia
2018-09-24 - Tullow Oil has encountered non-commercial hydrocarbons at its Cormorant-1 exploration well in the PEL-37 license, offshore Namibia, and the well is being plugged and abandoned. Tullow said on Monday that the Cormorant-1 exploration well has been drilled to a total depth of 3,855 meters and penetrated the objectives of the Cor..
Tullow spuds Cormorant well offshore Namibia
2018-09-04 - Oil company Tullow Oil has started drilling the Cormorant-1 well located in PEL 37 offshore Namibia.  PEL 37 covers an area of 17,295 square kilometers in the Walvis Basin offshore Namibia. The participants in Cormorant-1 well are Tullow Namibia Limited (operator) with a 35% interest; Pancontinental Namibia with a 30%; ON..
Ocean Rig's drillship set to drill Tullow's well offshore Namibia
2018-09-03 - Ocean Rig-owned drillship Poseidon has reached the drilling site of Cormorant-1 well located in PEL 37 license offshore Namibia, which is operated by Tullow Oil.   The participants in Cormorant-1 well are Tullow Namibia Limited (operator) with a 35% interest; Pancontinental Namibia with a 30%; ONGC Videsh with a 30%; and Pa..
Borr's Prospector 5 rig starts journey to Glengorm field off UK
2018-08-16 - Borr Drilling's Prospector 5 jack-up rig has left Damen Verolme Rotterdam and started its journey to the UK continental shelf where it is expected to drill for Nexen. Prospector 5 – Image by Hans Tompot A source told Offshore Energy Today on Thursday that Borr Drilling’s jack-up, the Prospector 5, would be towed to th..
Unions to stage protest against 'social dumping' at Borr Drilling office
2018-07-25 - Offshore workers' unions from the UK and The Netherlands are going to protest on Thursday at Borr Drilling's office in Aberdeen. According to Nautilus, the union, with RMT, Unite, and Paragon Offshore will organize a protest against over what they said is 'social dumping' on the offshore oil industry is to be held by un..