Offshore drilling

Diamond Offshore to Release Second Quarter 2019 Results on August 5

Retrieved on: 
Tuesday, July 16, 2019
Petroleum production, Offshore drilling, Diamond Offshore Drilling, Geotechnical engineering, Petroleum industry, Technology, Deepwater Horizon oil spill, Transocean

HOUSTON, July 16, 2019 /PRNewswire/ --Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its second quarter 2019 operating results on Monday, August 5, 2019.

Key Points: 
  • HOUSTON, July 16, 2019 /PRNewswire/ --Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that it will issue a press release and host a conference call and webcast related to its second quarter 2019 operating results on Monday, August 5, 2019.
  • The conference call and webcast will begin at 8:00 a.m. CDT and will include a discussion by management regarding the Company's results of operation.
  • The news release and a live webcast of the conference call will be available online at the Company's website, www.diamondoffshore.com .
  • Diamond Offshore is a leader in offshore drilling, providing innovation, thought leadership and contract drilling services to solve complex deepwater challenges around the globe.

Ensco Rowan plc to Change Its Name to Valaris plc

Retrieved on: 
Tuesday, July 2, 2019
Oil, Gas, Energy, Petroleum production, Encodings, Stock market, Ticker symbol, Offshore drilling, New York Stock Exchange, Public limited company, Companies, Finance, Economy

Ensco Rowan plc (NYSE: ESV) (the Company) announced today that it will change its name to Valaris plc, effective July 31, 2019.

Key Points: 
  • Ensco Rowan plc (NYSE: ESV) (the Company) announced today that it will change its name to Valaris plc, effective July 31, 2019.
  • Following its name change, the Companys ordinary shares will trade under the new ticker symbol VAL.
  • Ensco Rowan plc (NYSE: ESV) is the industry leader in offshore drilling services across all water depths and geographies.
  • Ensco Rowan plc is an English limited company (England No.

Ensco Rowan plc Schedules Second Quarter 2019 Earnings Release and Conference Call

Retrieved on: 
Monday, July 1, 2019
Energy, Other Energy, Oil, Gas, EnscoRowan, Offshore drilling, New York Stock Exchange, Companies, Economy of New York City, Economy of the United States

Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) will hold its second quarter 2019 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT and 3:00 p.m. London) on Thursday, 1 August 2019.

Key Points: 
  • Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) will hold its second quarter 2019 earnings conference call at 9:00 a.m. CDT (10:00 a.m. EDT and 3:00 p.m. London) on Thursday, 1 August 2019.
  • The earnings release will be issued before the New York Stock Exchange opens that morning.
  • Ensco Rowan plc (NYSE: ESV) is the industry leader in offshore drilling services across all water depths and geographies.
  • Ensco Rowan plc is an English limited company (England No.

KOC Awards Halliburton Integrated Offshore Services Contract

Retrieved on: 
Monday, July 1, 2019
Other Energy, Technology, Oil, Gas, Other Technology, Energy, Technology, Economy, Companies, Kuwait Oil Company, Halliburton, Ahmadi Governorate, Oil well, Well drilling, Offshore drilling, KOC, Halliburton

Kuwait Oil Company (KOC) and Halliburton (NYSE: HAL) today announced the companies have signed an Integrated Offshore Drilling Services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf.

Key Points: 
  • Kuwait Oil Company (KOC) and Halliburton (NYSE: HAL) today announced the companies have signed an Integrated Offshore Drilling Services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf.
  • View the full release here: https://www.businesswire.com/news/home/20190701005620/en/
    Halliburton and KOC sign integrated services agreement for the offshore development of KOCs six HPHT wells in the Arabian Gulf in Al Ahmadi.
  • Pictured left to right: Halliburton Eastern Hemisphere President Joe Rainey, KOC CEO Emad Mahmoud Sultan, KOC Deputy CEO Drilling and Technology Nayef Al-Enezi and KOC CEO Exploration and Gas Ahmed Al-Eidan.
  • We are grateful for the opportunity to collaborate with KOC and implement our integrated services and innovative technologies to accelerate offshore development, reduce drilling and completions costs and increase recovery, said Halliburton Eastern Hemisphere President Joe Rainey.

The global drillships market at a CAGR of almost 11% during the forecast period

Retrieved on: 
Tuesday, June 25, 2019
Petroleum production, Offshore engineering, Drillship, Offshore drilling, Construction, Technology, Articles

In 2018, the ultra-deepwater segment had a significant market share, and this trend is expected to continue over the forecast period.

Key Points: 
  • In 2018, the ultra-deepwater segment had a significant market share, and this trend is expected to continue over the forecast period.
  • Also, our global drillships market looks at factors such as advantages of drillships over other offshore drilling units, rising global energy demand, and growing offshore E&P activities.
  • Many such advantages of drillships over other offshore drilling units are expected to drive the growth of the global drillships market at a CAGR of almost 11% during the forecast period.
  • For the detailed list of factors that will drive the global drillships market size during the forecast period 2019-2023, click here.

Ensco Rowan plc Receives Investor Proposal

Retrieved on: 
Thursday, June 13, 2019
Energy, Oil, Gas, Business, Companies, Articles, EnscoRowan, Offshore drilling, Board of directors, New York Stock Exchange

The Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) board of directors received a proposal from Luminus Management, LLC (Luminus) dated June 12, 2019 (the Proposal).

Key Points: 
  • The Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) board of directors received a proposal from Luminus Management, LLC (Luminus) dated June 12, 2019 (the Proposal).
  • EnscoRowans board of directors welcomes investor perspectives on matters such as the Companys capital structure and the return of capital to shareholders, and will evaluate the Proposal.
  • Ensco Rowan plc (NYSE: ESV) is the industry leader in offshore drilling services across all water depths and geographies.
  • Ensco Rowan plc is an English limited company (England No.

Ensco Rowan plc Provides Update on Dividend Policy

Retrieved on: 
Wednesday, May 22, 2019
Energy, Oil, Gas, Other Energy, EnscoRowan, Corporate finance, Offshore drilling, New York Stock Exchange, Companies, Stock market, Dividends

Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) announced today that its Board of Directors has determined that the Company will not pay a regular quarterly cash dividend.

Key Points: 
  • Ensco Rowan plc (NYSE: ESV) (EnscoRowan or the Company) announced today that its Board of Directors has determined that the Company will not pay a regular quarterly cash dividend.
  • Prior to completing the Companys merger in April 2019, legacy Ensco shareholders received a regular quarterly cash dividend of US$0.01 per share and legacy Rowan shareholders did not receive a regular quarterly cash dividend.
  • Ensco Rowan plc (NYSE: ESV) is the industry leader in offshore drilling services across all water depths and geographies.
  • Ensco Rowan plc is an English limited company (England No.

Global Subsea Well Access and Blowout Preventer System Market 2019-2023| Declining Cost of Offshore Drilling Projects to Boost Growth| Technavio

Retrieved on: 
Friday, May 17, 2019
Energy, Oil, Gas, Petroleum production, Oil wells, Technology, Articles, Blowout preventer, Engineering, BlowOut, Subsea, Offshore drilling, Offshore oil spill prevention and response, Helix Energy Solutions Group

View the full release here: https://www.businesswire.com/news/home/20190517005244/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20190517005244/en/
    Technavio has published a new market research report on the global subsea well access and blowout preventer system market from 2019-2023.
  • (Graphic: Business Wire)
    A key factor driving the growth of the global subsea well access and blowout preventer system market is the rise in deepwater and ultra-deepwater E&P activities.
  • Global subsea well access and blowout preventer system market: Declining cost of offshore drilling projects
    Offshore drilling requires significant investments owing to the long timeline of projects, from production to decommissioning, and added risks.
  • Global subsea well access and blowout preventer system market: Segmentation analysis
    This market research report segments the global subsea well access and blowout preventer system market by product (subsea blowout preventers and subsea well access systems) and geographic regions (North America, APAC, Europe, South America, and MEA).

The horizontal directional drilling market will register a CAGR of close to 8% by 2023

Retrieved on: 
Monday, May 6, 2019
Technology, Construction, Articles, Petroleum production, Directional drilling, Oil well, Offshore drilling, Directional boring

The rising drilling activities in remote areas are impacting the horizontal directional drilling market growth during the forecast period.

Key Points: 
  • The rising drilling activities in remote areas are impacting the horizontal directional drilling market growth during the forecast period.
  • In addition, the rise in the adoption of deepwater and ultra-deep-water drilling has further led to an increase in the investments of offshore drilling projects, in turn, contributing to the horizontal directional drilling market growth during the forecast period.
  • Analysts have predicted that the horizontal directional drilling market will register a CAGR of close to 8% by 2023.
  • For the detailed list of factors that will drive and challenge the growth of the horizontal directional drilling market during 2019-2023, view our report.

Global Jack-up Rig Market Report, 2019 with CIMC, Keppel Corporation, Sembcorp Marine Industries, and DSME Dominating the Landscape - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 2, 2019
Energy, Oil, Gas, Petroleum production, Ships, Oil platforms, Companies, Sembcorp, Geotechnical engineering, Offshore drilling, Keppel Corporation, Jackup rig, Semi-submersible platform

The "Global Jack-up Rig Market Report: 2019 Edition" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Jack-up Rig Market Report: 2019 Edition" report has been added to ResearchAndMarkets.com's offering.
  • The global jack-up rig market is expected to grow in future supported by increasing urbanization, rising oil demand, accelerating economic growth and growing investment in offshore drilling exploration activities.
  • Middle East is a major contributor to the global jack-up rig market supported by increased utilization of jack-up rigs.
  • The report profiles the key players of the market including CIMC, Keppel Corporation, Sembcorp Marine Industries and DSME.