The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, regulatory approvals, and capital discipline.
Offshore driller Constellation Oil Services Holding SA is planning to list shares in Oslo after reducing debt and increasing revenue from contracts with Brazilian oil explorer Petrobras.
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GlobalData on MSNArabian Drilling and Shelf Drilling sign MOU to boost offshore drillingThis collaboration aims to enhance client services and strengthen their competitive edge in the offshore drilling sector.
Ghassan Mirdad, CEO of Arabian Drilling Co. ( ADC ), said that the company’s strategic alliance with Shelf Drilling Co. will help expand into new offshore drilling markets in Africa and Asia. Speaking ...
SFL Corporation Ltd. reports 2024 results with steady dividends but faces challenges as key asset Hercules may remain idle.
Arabian Drilling to provide access to certain of its premium offshore rigs; Shelf Drilling to use its international footprint ...
"The number of operators in CBG is very low. Establishing cost and price reasonability is an issue, considering it is a new ...
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