Offshore drilling

Offshore Drilling Rigs Market- Roadmap for Recovery from COVID-19|Increase In Deepwater And Ultra-deepwater Drilling Activities to boost the Market Growth | Technavio

Thursday, September 17, 2020 - 3:00am

The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Key Points: 
  • The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
  • High potential of offshore marginal fields is a major trend driving the growth of the market.
  • The increase in deepwater and ultra-deepwater drilling activities is one of the major factors driving the market.
  • Offshore Drilling Rigs Market 2020-2024: Segmentation
    Offshore Drilling Rigs Market is segmented as below:

Noble Corporation plc Provides Fleet Contract Status Update

Tuesday, September 8, 2020 - 9:15pm

LONDON, Sept. 8, 2020 /PRNewswire/ --Noble Corporation plc (OTC-PINK: NEBLQ, the Company) today announced that its report of drilling rig status and contract information has been updated as of September 8, 2020.

Key Points: 
  • LONDON, Sept. 8, 2020 /PRNewswire/ --Noble Corporation plc (OTC-PINK: NEBLQ, the Company) today announced that its report of drilling rig status and contract information has been updated as of September 8, 2020.
  • The report, titled "Fleet Status Report," can be found on the Company's Website www.noblecorp.com , under the "Investor Relations" section of the Website.
  • Noble is a leading offshore drilling contractor for the oil and gas industry.
  • Noble performs, through its subsidiaries, contract drilling services with a fleet of 24 offshore drilling units, consisting of 12 drillships and semisubmersibles and 12 jackups, focused largely on ultra-deepwater and high-specification jackup drilling opportunities in both established and emerging regions worldwide.

Valaris plc Receives NYSE Notice of Immediate Suspension of Trading and Delisting of Valaris Common Stock

Tuesday, August 25, 2020 - 2:00pm

LONDON, Aug. 25, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") announced today that on August 19, 2020 it was notified by the New York Stock Exchange ("NYSE") of its determination to indefinitely suspend trading of the Company's common stock and to commence proceedings to delist the Company's common stock from the NYSE.

Key Points: 
  • LONDON, Aug. 25, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") announced today that on August 19, 2020 it was notified by the New York Stock Exchange ("NYSE") of its determination to indefinitely suspend trading of the Company's common stock and to commence proceedings to delist the Company's common stock from the NYSE.
  • This suspension and delisting by the NYSE is in accordance with Section 802.01D of the NYSE Listed Company Manual due to the Company's voluntary filing for reorganization under Chapter 11 of the Bankruptcy Code on August 19, 2020.
  • Valaris plc (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

Scientific Drilling International Names Pamela S. Pierce as CEO and President

Thursday, August 6, 2020 - 3:34pm

HOUSTON, Aug. 6, 2020 /PRNewswire/ -- Scientific Drilling International (SDI) today announced that the company has named Pamela S. Pierce as its Chief Executive Officer and President effective July 31, 2020, a position she has held on an interim basis since May 2020.

Key Points: 
  • HOUSTON, Aug. 6, 2020 /PRNewswire/ -- Scientific Drilling International (SDI) today announced that the company has named Pamela S. Pierce as its Chief Executive Officer and President effective July 31, 2020, a position she has held on an interim basis since May 2020.
  • She started her career as an offshore drilling engineer with ARCO and served in numerous drilling and production positions of increasing responsibility.
  • Scientific Drilling International is the largest independent service provider of global high accuracy wellbore navigation and directional drilling services.
  • To learn more about Scientific Drilling, please visit www.scientificdrilling.com and connect with us on LinkedIn, Facebook, Twitter and YouTube.

Vantage Drilling International Reports Second Quarter Results for 2020

Thursday, August 6, 2020 - 10:00am

As of June 30, 2020, Vantage had approximately $188.4 million in cash, including $13.1 million of restricted cash, compared to $242.9 million in cash, including $11.0 million of restricted cash at December 31, 2019.

Key Points: 
  • As of June 30, 2020, Vantage had approximately $188.4 million in cash, including $13.1 million of restricted cash, compared to $242.9 million in cash, including $11.0 million of restricted cash at December 31, 2019.
  • Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships and five premium jackup drilling rigs.
  • Vantage also provides construction supervision services and preservation management services for, and will operate and manage, drilling units owned by others.
  • As a result of these factors, actual results may differ materially from those indicated or implied by such forward-looking statements.

Mobile Offshore Drilling Unit (MODU) Market 2019-2023 | Increase in Offshore Oil And Gas Drilling Activities to Boost Growth | Technavio

Wednesday, August 5, 2020 - 7:45pm

Our mobile offshore drilling unit (MODU) market report covers the following areas:

Key Points: 
  • Our mobile offshore drilling unit (MODU) market report covers the following areas:
    This study identifies technical advances as one of the prime reasons driving the mobile offshore drilling unit (MODU) market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the mobile offshore drilling unit (MODU) market, including some of the vendors such as Diamond Offshore Drilling Inc., Nabors Industries Ltd., Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd.
  • Backed with competitive intelligence and benchmarking, our research reports on the mobile offshore drilling unit (MODU) market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Vantage Drilling International Schedules Second Quarter 2020 Earnings Release Date and Conference Call

Thursday, July 23, 2020 - 10:35pm

HOUSTON, July 23, 2020 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on August 6, 2020 to discuss operating results for the second quarter of 2020.Vantage will release earnings before the market opens on August 6, 2020.Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com .

Key Points: 
  • HOUSTON, July 23, 2020 (GLOBE NEWSWIRE) -- Vantage Drilling International ("Vantage" or the "Company") today announced that it will host a conference call at 10:00 AM Eastern Time on August 6, 2020 to discuss operating results for the second quarter of 2020.Vantage will release earnings before the market opens on August 6, 2020.Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com .
  • Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships and five premium jackup drilling rigs.
  • Vantage's primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells globally for major, national and large independent oil and natural gas companies.
  • Vantage also provides construction supervision services for, and will operate and manage, drilling units owned by others.

Transocean Ltd. Provides Quarterly Fleet Status Report

Wednesday, July 15, 2020 - 9:22pm

STEINHAUSEN, Switzerland, July 15, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the companys fleet of offshore drilling rigs.

Key Points: 
  • STEINHAUSEN, Switzerland, July 15, 2020 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the companys fleet of offshore drilling rigs.
  • Transocean owns or has partial ownership interests in, and operates a fleet of 39 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 12 harsh environment floaters.
  • Investors must rely on their own evaluation of Transocean and its securities, including the merits and risks involved.
  • Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of Transocean.

Insights & Forecast With Potential Impact of COVID-19 - Offshore Drilling Rigs Market 2020-2024 | Increase in Deepwater and Ultra-deepwater Drilling Activities to Boost Growth | Technavio

Wednesday, July 15, 2020 - 8:30am

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43969

Key Points: 
  • To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43969
    Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our offshore drilling rigs market report covers the following areas:
    This study identifies the high potential of offshore marginal fields as one of the prime reasons driving the offshore drilling rigs market growth during the next few years.
  • Backed with competitive intelligence and benchmarking, our research reports on the Offshore Drilling Rigs Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

SFL - Notice of Annual General Meeting 2020

Wednesday, July 8, 2020 - 6:44pm

SFL has a unique track record in the maritime industry and has paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004.

Key Points: 
  • SFL has a unique track record in the maritime industry and has paid dividends every quarter since its initial listing on the New York Stock Exchange in 2004.
  • The Companys fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.
  • SFLs long term distribution capacity is supported by a portfolio of long term charters and significant growth in the asset base over time.
  • More information can be found on the Company's website: www.sflcorp.com
    This press release may contain forward looking statements.