Rising costs and supply chain issues could suppress rig utilisation to 70% after years at 90%, Westwood analysis says ...

Truly what it sounds like, a drillship is a marine vessel that's been modified to drill oil and gas wells. While drillships look similar to a tanker or cargo vessel, there are a couple of major ...

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Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG Energy Fund XIV, including a $283 million payment by the Brazilian company ...

SEOUL, Dec. 20 (Yonhap) -- A drillship participating in a major resource exploration project in the East Sea began its first drilling operation early Friday, the state-run oil company said ...

Conoco and R&B Falcon Corp. announced Deepwater Pathfinder - a first-of-its-kind, ultra-deepwater drillship - began a five-year work program in the Gulf of Mexico. The ship, the first new build ...

Noble Corporation plc's ultra-deepwater drillship Noble Tom Madden has received about 6.5 years of additional contract term under the commercial enabling agreement (CEA) with ExxonMobil for work ...

Brazil’s oil regulators have temporarily ordered halts to several drillship operations due to what could be minor issues that do not usually disrupt drilling, Bloomberg reported on Tuesday ...

Built in 2014, the Noble Viking drillship boasts a Samsung 96K design and can operate in water depths of up to 12,000 feet. The rig’s maximum drilling depth is approximately 12,000 feet.

PETALING JAYA: Velesto Energy Bhd has tendered for a deepwater drillship project and plans to be more asset light this year, according to TA Research. Following a recent briefing for analysts ...

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