Jackup rig

Global Offshore Oil & Gas Rig Markets Report 2022: Jackups, Semisubmersibles, Drill Ships - Competition, Analysis, Forecasts and Opportunities, 2017-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 20, 2023

Also, the positive economic growth worldwide and volatile oil process and exhausting oil reserves are expected to propel the demand for the Global Offshore Oil & Gas Rig Market over the next five years.

Key Points: 
  • Also, the positive economic growth worldwide and volatile oil process and exhausting oil reserves are expected to propel the demand for the Global Offshore Oil & Gas Rig Market over the next five years.
  • To classify and forecast the Global Offshore Oil & Gas Rig Market based on type, water depth, regional distribution, and company.
  • To identify and analyze the profile of leading players operating in the Global Offshore Oil & Gas Rig Market.
  • Company Profiles: Detailed analysis of the major companies present in the Global Offshore Oil & Gas Rig Market.

Vantage Drilling International Strengthens Relationship with ADES Group Through Sale of Three Jack-up Rigs and Pursuing Global Strategic Alliance; Tungsten Explorer Returns to Work in Egypt through Existing Joint Venture

Retrieved on: 
Tuesday, December 21, 2021

In addition, Vantage and ADES also announced they entered into an agreement to pursue a global strategic alliance leveraging the new support services agreement and their existing joint venture in Egypt.

Key Points: 
  • In addition, Vantage and ADES also announced they entered into an agreement to pursue a global strategic alliance leveraging the new support services agreement and their existing joint venture in Egypt.
  • Finally, Vantage announced that the Tungsten Explorer returned to work for a client offshore of Egypt through Vantages joint venture with ADES.
  • The success of the companies relationship is evidenced by Vantages announcement that the Tungsten Explorer has returned to work in Egypt.
  • We are delighted to work with ADES through our joint venture and continuing to provide industry leading service for our clients.

Noble Corporation Announces Divestment Of Four Jackups In Saudi Arabia, Resulting Updated 2021 Guidance And Preliminary 2022 Guidance

Retrieved on: 
Thursday, August 26, 2021

The Company has combined the 2021 results for the Predecessor and Successor periods as non-GAAP measures when giving full-year 2021 guidance since we believe it provides the most meaningful basis to analyze our 2021 results.

Key Points: 
  • The Company has combined the 2021 results for the Predecessor and Successor periods as non-GAAP measures when giving full-year 2021 guidance since we believe it provides the most meaningful basis to analyze our 2021 results.
  • Adjusted to exclude recognition of the non-cash intangible contract asset amortization of ~$51 million and ~$44 million in 2021 and 2022, respectively.
  • Without these adjustments, Revenue guidance ranges for 2021 and 2022 would be $819 million - $839 million and $931 million - $1,006 million, respectively.
  • Of the total calendar days available for our fleet in 2022, Noble assumes 86% of the days are operating days (excluding cold stacked rigs).

SDRL - Seadrill New Finance Limited Announces Extension of Forbearance Agreement

Retrieved on: 
Monday, May 17, 2021

Seadrill\'s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments.

Key Points: 
  • Seadrill\'s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments.
  • The company operates 43 rigs, which includes drillships, jack-ups and semi-submersibles.\nSeadrill is listed on the Oslo Brs and OTCQX.
  • When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company\'s regulatory filings and periodical reporting.
  • New factors emerge from time to time, and it is not possible for the Company to predict all of these factors.

SDRL - Seadrill New Finance Limited Announces Extension of Forbearance Agreement

Retrieved on: 
Monday, May 17, 2021

Seadrill\'s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments.

Key Points: 
  • Seadrill\'s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments.
  • The company operates 43 rigs, which includes drillships, jack-ups and semi-submersibles.\nSeadrill is listed on the Oslo Brs and OTCQX.
  • When considering these forward-looking statements, you should keep in mind the risks described from time to time in the Company\'s regulatory filings and periodical reporting.
  • New factors emerge from time to time, and it is not possible for the Company to predict all of these factors.

SDRL - New Four-Year Contract for Seadrill's West Saturn Drillship with Equinor Brasil

Retrieved on: 
Tuesday, April 27, 2021

The total contract value is contingent on the final investment decision by the partnership for Bacalhau.

Key Points: 
  • The total contract value is contingent on the final investment decision by the partnership for Bacalhau.
  • Seadrill\'s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments.
  • The company operates 43 rigs, which includes drillships, jack-ups and semi-submersibles.\nSeadrill is listed on the Oslo Brs and OTCQX.
  • New factors emerge from time to time, and it is not possible for the Company to predict all of these factors.

SDRL - New Four-Year Contract for Seadrill's West Saturn Drillship with Equinor Brasil

Retrieved on: 
Tuesday, April 27, 2021

The total contract value is contingent on the final investment decision by the partnership for Bacalhau.

Key Points: 
  • The total contract value is contingent on the final investment decision by the partnership for Bacalhau.
  • Seadrill\'s high quality, technologically advanced fleet spans all asset classes allowing its experienced crews to conduct its operations from shallow to ultra-deep-water environments.
  • The company operates 43 rigs, which includes drillships, jack-ups and semi-submersibles.\nSeadrill is listed on the Oslo Brs and OTCQX.
  • New factors emerge from time to time, and it is not possible for the Company to predict all of these factors.

Borr Drilling Limited - Sale of rig

Retrieved on: 
Wednesday, October 28, 2020

OSLO, Norway, Oct. 28, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") has entered into an agreement to sell its cold stacked jack-up drilling rig "Atla" to an independent operator.

Key Points: 
  • OSLO, Norway, Oct. 28, 2020 /PRNewswire/ -- Borr Drilling Limited (the "Company") (NYSE: "BORR", OSE: "BDRILL") has entered into an agreement to sell its cold stacked jack-up drilling rig "Atla" to an independent operator.
  • Together with the previously announced sale of the standard jack-up drilling rig "Eir", which has been completed in October, the Company will record total cash proceeds of USD 13 million.
  • With the sale of these jack-ups, Borr Drilling continues to deliver on its fleet strategyof divesting inactive, cold stacked units and focus on the modern and highly efficient core fleet of premium jack-up rigs.
  • Following these rig sales, Borr Drilling will have 28 modern assets built after 2011, and one remaining older cold stacked rigwhich is likely to be sold within the fourth quarter.

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

Retrieved on: 
Thursday, July 23, 2020

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.

Vantage Drilling International Announces Contract for the Topaz Driller

Retrieved on: 
Tuesday, June 30, 2020

HOUSTON, June 30, 2020 (GLOBE NEWSWIRE) -- Vantage Drilling International (Vantage or the Company), announced today that it has entered into a contract with Eni Montenegro BV (Eni) for its premium jackup rig, the Topaz Driller, to perform drilling services offshore of Montenegro for 180 days.

Key Points: 
  • HOUSTON, June 30, 2020 (GLOBE NEWSWIRE) -- Vantage Drilling International (Vantage or the Company), announced today that it has entered into a contract with Eni Montenegro BV (Eni) for its premium jackup rig, the Topaz Driller, to perform drilling services offshore of Montenegro for 180 days.
  • Ihab Toma, the Companys Chief Executive Officer, commented, We are very pleased to announce this contract with our client Eni for the Topaz Driller in Montenegro.
  • Securing this contract during these challenging times demonstrates that Vantage, with its high-specification rigs and experienced crews, is a leader in safety and operational performance.
  • Vantage Drilling International, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of three ultra-deepwater drillships, and five premium jackup drilling rigs.