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Offshore Drilling Rig Article

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Latest Offshore Drilling Rig News

China Oilfield lands $100 mln Libyan rig deal

Reuters UK - China Oilfield lands $100 mln Libyan rig deal ... deal worth around $100 million after tax to supply drilling rigs to a Libyan company as part of a push into the Middle East and Africa.

Hercules Offshore Announces Closing of Land Rig Fleet Sale

Forbes - HOUSTON, Dec. 21 /PRNewswire-FirstCall/ -- Hercules Offshore, Inc. (Nasdaq: HERO) today announced that it has closed the previously announced sale of its fleet of nine land drilling rigs and related assets to Petrex Sudamerica Sucursal de Venezuela S ...

Crude up on consumer spending, Petrobras finds more oil offshore, JA ...

CNBC - Linn Energy Buying Lamamco Drilling Properties Linn Energy LLC agreed to buy some of Lamamco Drilling Co.'s oil and ... future with increased demand for the company's deepwater rigs, as Pride divests its land rigs and focuses on offshore operations. Rig ...

Goldman leads Abbot buyout loan

International Herald Tribune - ... 1 billion loan (1.05 billion pounds) backing the 906 million pounds public to private buyout of British oil rig ... Abbot is the largest offshore platform drilling contractor in the North Sea and the Caspian region according to its Web site, and ...

Monarch Energy Has Spudded Exploration Well 12/17b-1, Offshore United ...

Market Wire - Monarch Energy Has Spudded Exploration Well 12/17b-1, Offshore United Kingdom ... Lundin Petroleum AB (operator) has contracted the Global Santa Fe Galaxy II jack-up rig to drill this well. Drilling is expected to take ...

Drilling for six oil exploration wells

Manila Times - ... to conduct an extended production test of the Calauit field in SC 50 by late 2008, subject to rig ... remain unclear “due to the lack of firm drilling commitments, the tight global market for offshore drilling rigs ...

Deep Down Completes Unique Installation Project

Forbes - ... integrated PLC and SCADA based instrumentation and control systems, including ballast control and monitoring, drilling ... service providers to the offshore industry, as well as designers and manufacturers of subsea, surface, and offshore rig ...

Enviro Voraxial Technology Completes Offering, Discusses 2007 Year in ...

Earthtimes - ... involved in the oil exploration & production industry, including both offshore and ... In August, we installed a Voraxial Deckwater Drainage System on an oil rig to ... applications in the oil industry including produced water, under-balanced drilling ...

RLPC-Goldman leads $2.1 bln Abbot buyout loan

Reuters - ... 2.1 billion loan backing the 906 million pounds ($1.80 billion) public to private buyout of British oil rig ... Abbot is the largest offshore platform drilling contractor in the North Sea and the Caspian region according to its Web site, and ...

Latest News

dBusinessNews.com - ... equity market capitalization in excess of $34 billion, Transocean Inc.’s ordinary shares are traded on the New York Stock Exchange under the symbol “RIG.” About GlobalSantaFe GlobalSantaFe is one of the largest offshore oil and gas drilling ...

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