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 in corporate di ..
Tag: Borr Drilling
On November 10, drilling giants Noble Corporation and Maersk Drilling announced their merger (here). The new company will own 20 floaters and 19 jackups. Each company’s ..
On August 31, Borr Drilling released its second quarter results for its fleet of 23 jackups (here). Borr operates a fleet of 23 modern jackups with an average age of four ..
Asian companies have taken a battering in the offshore industry downturn. Singapore’s Ezion and Ezra have gone into liquidation, Malaysian OSV builder and owner Nam Che ..
After the horror of Halloween comes the calm of All Saints’ Day, November 1, when the Catholic church commemorates all those saints, both known and unknown, who hav ..
Last week, Norwegian floating accommodation provider Prosafe finally announced (here) some good news, albeit not for its shareholders, who are about to be wiped out. Like ..
Time for a six pack of updates on the biggest offshore drilling stories of the last few weeks. Whilst three autonomous marine survey companies and one of Australia’s la ..
After our diversion into Harbour Energy’s Carbon Capture and Storage plans last week and the abandonment of its 500-million-barrel Sea Lion discovery in the Falklands ( ..
Much of the spotlight is on drilling vessels in this latest roundup of offshore charters. Interestingly, the newly awarded charters for such vessels has extended beyond E ..
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