During a violent storm, a drillship’s anchor system became the turning point that sealed the crew’s fate. What should have been a safety lifeline turned into a deadly chain reaction, ending with the ...

The extension adds $114m to Seadrill’s backlog and extends the 2022 contract through October 2027.

Bermuda-based drilling contractor Seadrill has secured a one-year extension with Norway’s Equinor for a drillship operating ...

Offshore drilling contractor Seadrill has strengthened its forward workload after securing a series of contract awards and ...

Transocean Ltd. announced the sale of two drillships for a total of $342 million with proceeds directed towards reducing debt. Transocean's net debt and normalized net debt are substantially higher ...

Valaris secures $519M, 1,064-day Petrobras contract for drillship VALARIS DS-4 offshore Brazil. Valaris sees significant earnings boost as rigs, including VALARIS DS-4, reprice day rates from low ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Transocean, Inc RIG, a leading international provider of ...

Hanwha Ocean has held a naming ceremony for its high specification ultra-deepwater drillship Tidal Action, signaling its official entry into the deepwater drilling industry. The Tidal Action is built ...

Valaris Limited VAL, an offshore driller, has successfully secured new deals and contract extensions, adding approximately $1.14 billion to the firm backlog, excluding mobilization fees and capital ...

Italian oil major Eni has awarded a two-year contract extension to Saipem’s 7th-generation Santorini drillship. Saipem said that the contract extension, which would give continuity to the ongoing ...