It’s the biggest offshore rig deal of 2022, and it is the most confusing by far. The complexities of the deal scream out why more transparency is needed...
After the horror of Halloween comes the calm of All Saints’ Day, November 1, when the Catholic church commemorates all those saints, both known...
Speculative capital is now investing in high specification, purpose-built ships to support wind farms that have not even yet been installed. We have...
Sometimes it is not only easier to walk away, but actually better The deepwater drilling industry is in crisis, as you know. In 2020, four major owners...
Awilco Rig 2 (AR2), a wholly owned subsidiary of Awilco Drilling, has notified Singapore-based shipbuilder Keppel FELS that it has exercised its contractual...
UK-based Awilco Drilling has declared an option for the construction of a second semi-submersible rig in a series from Singaporean builder Keppel FELS....
Germany’s MHWirth has been awarded a US$100 million contract to supply drilling equipment for a new semisubmersible rig under construction for Awilco...
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