Offshore drilling

Analyzing COVID-19 Impact on Offshore Drilling Market | $ 7.04 Bn Growth Expected Between 2021-2025 | Technavio

Retrieved on: 
Friday, April 30, 2021
Petroleum geology, Petroleum production, Petroleum industry, Petroleum, Offshore drilling, Oil platform, Oil well, Drilling rig, Offshore

However, fluctuations in the price of crude oil might hamper the market growth.\nBased on the application, the market witnessed maximum growth in the shallow water offshore drilling segment.

Key Points: 
  • However, fluctuations in the price of crude oil might hamper the market growth.\nBased on the application, the market witnessed maximum growth in the shallow water offshore drilling segment.
  • The market growth in the segment will be significant during the forecast period.\nBy geography, APAC is going to have lucrative growth during the forecast period.
  • Therising number of offshore drilling projects will be crucial in driving the growth of the offshore drilling market in APAC.\nBuy 1 Technavio report and get the second for 50% off.
  • Buy 2 Technavio reports and get the third for free.\nRelated Reports on Energy Include:\nGlobalOffshore Drilling Rigs Market- Global offshore drilling rigs market is segmented bytype (Bottom-supported rigs and Floating rigs) and geography (APAC, MEA, North America, Europe, and South America).\n"

SFL - Successful placement of 5-year inaugural sustainability-linked bonds

Retrieved on: 
Thursday, April 29, 2021
Petroleum production, Science and technology, Offshore drilling, Oil platform, Oil well, Articles, Technology

The Company\xe2\x80\x99s fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.

Key Points: 
  • The Company\xe2\x80\x99s fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.
  • SFL\xe2\x80\x99s 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\nThis press release may contain forward looking statements.
  • These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company\xe2\x80\x99s records and other data available from third parties.

SFL - Fixed income investor calls and contemplated sustainability-linked bond issue

Retrieved on: 
Monday, April 26, 2021
Petroleum production, Science and technology, Offshore drilling, Oil platform, Oil well, Articles, Technology

The Company\xe2\x80\x99s fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.

Key Points: 
  • The Company\xe2\x80\x99s fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.
  • SFL\xe2\x80\x99s 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\nThis press release may contain forward looking statements.
  • These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Company\xe2\x80\x99s records and other data available from third parties.

Vantage Drilling International Has Reached an Agreement to Manage, Operate and Market Certain of Seadrill Partners LLC’s Deepwater Floaters

Retrieved on: 
Friday, March 19, 2021
Offshore engineering, Petroleum production, Seadrill, Drillship, Offshore drilling, Economic taxonomy, Industry economics), Economic sectors

The U.S. Bankruptcy Court - Southern District of Texas reviewed and approved the Framework Agreement and related agreements on March 18, 2021.

Key Points: 
  • The U.S. Bankruptcy Court - Southern District of Texas reviewed and approved the Framework Agreement and related agreements on March 18, 2021.
  • John Roche, Seadrill Partners Chief Executive Officer, commented, The floaters to be managed, operated and marketed by Vantage have played an important role in our fleet, and we are pleased to entrust these assets to Vantage.
  • Ihab Toma, Vantages Chief Executive Officer, commented, We are very pleased to have reached an agreement with Seadrill Partners to manage, operate and market certain of their deepwater floaters.
  • Vantage Drilling International, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of two ultra-deepwater drillships, and five premium jackup drilling rigs.

Vantage Drilling International Schedules Fourth Quarter and Full Year 2020 Earnings Release Date and Conference Call

Retrieved on: 
Thursday, March 4, 2021
Offshore engineering, Petroleum production, Drillship, Offshore drilling, Vantage, Construction, Transport, Service industries

HOUSTON, March 04, 2021 (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 March 18, 2021 to discuss operating results for the fourth quarter and full year of 2020.Vantage will release earnings before the market opens on March 18, 2021.Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com .

Key Points: 
  • HOUSTON, March 04, 2021 (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 March 18, 2021 to discuss operating results for the fourth quarter and full year of 2020.Vantage will release earnings before the market opens on March 18, 2021.Vantage's earnings release will be posted to the Vantage website at www.vantagedrilling.com .
  • To access the conference call, Click to Join and enter your information to be connected.
  • Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships, including one currently held for sale, 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.

Transocean Ltd. Provides Quarterly Fleet Status Report

Retrieved on: 
Friday, February 12, 2021
Drilling rigs, Semi-submersibles, Transocean, Petroleum production, Ships, Construction, Vernier, Switzerland, Petroleum industry, Oil platform, Offshore drilling, Transocean Marianas, Transocean John Shaw

STEINHAUSEN, Switzerland, Feb. 12, 2021 (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, Feb. 12, 2021 (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, 37 mobile offshore drilling units consisting of 27 ultra-deepwater floaters and 10 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.

SFL - Invitation to Presentation of Q4 2020 Results

Retrieved on: 
Thursday, February 11, 2021
Petroleum production, Petroleum industry, Science and technology, Construction, Offshore drilling, Oil platform, Oil well, Drilling rig

The Companys fleet of more than 80 vessels is split between tankers, bulkers, container vessels and offshore drilling rigs.

Key Points: 
  • 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.
  • These statements are based upon various assumptions, many of which are based, in turn, upon further assumptions, including SFL management's examination of historical operating trends, data contained in the Companys records and other data available from third parties.

Vantage Drilling International Announces Letter of Award for the Platinum Explorer

Retrieved on: 
Wednesday, February 3, 2021
Petroleum production, Offshore engineering, Drillship, Offshore drilling, Oil and Natural Gas Corporation, Petroleum industry, Companies, Construction, Transocean, Noble Corporation, Seadrill

HOUSTON, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Vantage Drilling International (Vantage or the Company), announced today, that its ultra-deepwater drillship, the Platinum Explorer, has received a letter of award for a two-year contract from Oil and Natural Gas Company (ONGC).

Key Points: 
  • HOUSTON, Feb. 03, 2021 (GLOBE NEWSWIRE) -- Vantage Drilling International (Vantage or the Company), announced today, that its ultra-deepwater drillship, the Platinum Explorer, has received a letter of award for a two-year contract from Oil and Natural Gas Company (ONGC).
  • The Platinum Explorer is currently performing under an existing three-year contract with ONGC, which is expected to conclude in the second quarter of 2021.
  • Vantage Drilling International, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships, including one currently held for sale, 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.

Worldwide Liner Hanger System Industry to 2025 - Increasing Demand from the Offshore Sector - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 23, 2020
Oil, Gas, Energy, Petroleum geology, Petroleum industry, Petroleum, Petroleum production, Energy, Offshore drilling, Offshore, Offshore drilling on the Atlantic coast of the United States, Petroleum industry in Canada

The offshore oil and gas industry accounts for about 30% of the global crude oil production.

Key Points: 
  • The offshore oil and gas industry accounts for about 30% of the global crude oil production.
  • The Middle East, North Sea, Brazil, and the Gulf of Mexico are the major offshore oil and gas producing regions.
  • In 2017, around 40% of shallow water oil production came from mature regions, such as Europe, North America, and Asia-Pacific.
  • This, coupled with low breakeven prices in offshore oil and gas sector, has compelled the producers to shift to deepwater and ultra-deepwater resources.

Vantage Drilling International Reports Third Quarter Results for 2020

Retrieved on: 
Monday, November 16, 2020
Offshore engineering, Petroleum production, Drillship, Science and technology, Drilling rigs, Petroleum industry, Offshore drilling, Oil well, Technology

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.

Key Points: 
  • 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.
  • Vantage disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.