Oil platform

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:

Weatherford Remotely Installs Liner Hanger on Russian Offshore Platform During COVID-19 Lockdown

Wednesday, July 29, 2020 - 9:20pm

HOUSTON, July 29, 2020 /PRNewswire/ --WeatherfordInternational plc (OTC Pink: WFTLF) announced it successfully and remotely used a restricted crew to install a 16-inch liner hanger on an offshore platform in Sakhalin Island, Russia during the COVID-19 lockdown.

Key Points: 
  • HOUSTON, July 29, 2020 /PRNewswire/ --WeatherfordInternational plc (OTC Pink: WFTLF) announced it successfully and remotely used a restricted crew to install a 16-inch liner hanger on an offshore platform in Sakhalin Island, Russia during the COVID-19 lockdown.
  • Remote training and monitoring procedures enabled the successful installation of the liner hanger system, cementing products and tubular running services.
  • The operator objectives were clear: First, install and cement a 16-inch liner and hanger at an offshore platform that was locked down as a precaution to protect against COVID-19 viral exposure.
  • From their shore base, the liner team guided the platform crew through each process to successfully set, cement and pressure-test the liner.

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.

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, June 24, 2020 - 10:45pm

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.

U.S. Gulf of Mexico Technological Advancements and ILX Strategy Driving Investments and Reserve Growth

Tuesday, June 16, 2020 - 9:00am

This has led to significantly increased reserves around existing infrastructure which improves project economics and utilization of the platforms.

Key Points: 
  • This has led to significantly increased reserves around existing infrastructure which improves project economics and utilization of the platforms.
  • Continued improvements in technology and application to existing reservoir/ field areas are expected to further expand the reserve base around existing platforms along with incremental production.
  • In the recent past, breakeven costs for a greenfield production platform in the deepwater GOM ranged from $50 - $70/BBL.
  • The insights provided in this article are from EAI, Inc.'s recently completed GOM production outlook update as part of its overall Gulf of Mexico Deep Dive Study.

Digital Technology Key to Post COVID-19 Recovery of Offshore Oil and Gas Industry, Reveals ADIPEC

Wednesday, June 3, 2020 - 7:26pm

Discussing the latest developments and impacts around the Offshore verticals in the oil and gas industry, Whittaker said offshore companies have had to rapidly adapt to the changed work environment created by the coronavirus.

Key Points: 
  • Discussing the latest developments and impacts around the Offshore verticals in the oil and gas industry, Whittaker said offshore companies have had to rapidly adapt to the changed work environment created by the coronavirus.
  • Projects have been shut in, crews withdrawn from offshore platforms and work limited to core production operations.
  • But he added, digital technology could speed up the sector's recovery.
  • However, Whittaker said, the wider adoption of digital technology across the offshore value chain, would create a recruitment challenge for offshore businesses.

Digital Technology Key to Post COVID-19 Recovery of Offshore Oil and Gas Industry, Reveals ADIPEC

Wednesday, June 3, 2020 - 7:22pm

Discussing the latest developments and impacts around the Offshore verticals in the oil and gas industry, Whittaker said offshore companies have had to rapidly adapt to the changed work environment created by the coronavirus.

Key Points: 
  • Discussing the latest developments and impacts around the Offshore verticals in the oil and gas industry, Whittaker said offshore companies have had to rapidly adapt to the changed work environment created by the coronavirus.
  • Projects have been shut in, crews withdrawn from offshore platforms and work limited to core production operations.
  • But he added, digital technology could speed up the sector's recovery.
  • However, Whittaker said, the wider adoption of digital technology across the offshore value chain, would create a recruitment challenge for offshore businesses.

Valaris plc Provides Quarterly Fleet Status Report

Wednesday, April 22, 2020 - 11:12pm

LONDON, April 22, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today issued a quarterly Fleet Status Report that provides the current status of the Company's fleet of offshore drilling rigs along with certain contract information for these assets.

Key Points: 
  • LONDON, April 22, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today issued a quarterly Fleet Status Report that provides the current status of the Company's fleet of offshore drilling rigs along with certain contract information for these assets.
  • The Fleet Status Report can be found on the "Investors" section of the Company's website www.valaris.com .
  • 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.