Drilling contractor Valaris Limited (NYSE: VAL) reports that it has been awarded a multi-year contract with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA , for its drillship Valaris DS-17.
In another sign of the uptick in the offshore drilling sector, Brazil’s Petrobras has awarded Seadrill Limited a pair of 1,064-day fixed-term contracts for its drillships West Auriga and West Polaris. Awarded
Offshore drilling contractor Valaris Limited (NYSE: VAL) reports that it has exercised its options and taken delivery of newbuild drillships Valaris DS-13 and DS-14 for an aggregate purchase price of approximately $337
Offshore drilling contractor Valaris Limited (NYSE: VAL) today reported that it is reactivating its Valaris DS-7 drillship to service a newly-awarded 12-well contract offshore West Africa The contract is expected to commence
The Bureau of Safety and Environmental Enforcement (BSEE) has released its panel investigation report on an August 23, 2020, incident that resulted in a fatality on the Pacific Drilling drillship Pacific Khamsin
A deteriorated bollard led to a 752 foot long drillship breaking away and colliding with a cargo vessel in Pascagoula, Miss., last year, according to the National Transportation Safety Board (NTSB). The
Delivered to Transocean subsidiary Triton Titan GmbH by Singapore’s Sembcorp Marine, the Deepwater Titan is the world’s second eighth-generation drillship. Like the Deepwater Atlas, delivered earlier this year, it is built to
Transocean subsidiary Triton Atlas GmbH has taken delivery of the world’s first eighth-generation drillship, the Deepwater Atlas, from Singapore’s Sembcorp Marine. With a three-million-pound hook-load hoisting capacity, the vessel sets a new
With all major auto makers ramping up plans to switch production to electric vehicles, battery demand looks set soar — and with it demand for the base metals needed to produce them.
By Basil M. Karatzas, Founder, Karatzas Marine Advisors & Company Until recently, the offshore drilling market had the distinction of employing the most expensive assets in the maritime industry. A decade ago,
