Tag: oil rig
oil rigOil rig operating in the Falklands signs three year contract off Norway
A consortium of companies appears to be spending a large day-rate on an Ocean Rig unit which has been fixed for a firm three years off Norway. The semi-submersible Leiv Eiriksson, currently operating in Falklands waters has been wrapped up for a 15-well program over a minimum of 1070 days on the Norwegian Continental Shelf, Greek rig owner Ocean Rig said on Monday.
Rolls Royse joins Brazil’s new oil rush with plant for offshore rigs energy modules
Relying on the expected growth of the oil and gas industry in Brazil and the influx of new rigs and floating production, storage and offloading, FPSO, in the Brazilian offshore market, British manufacturer, Rolls Royse is set to make a 60 million US dollars investment in a new plant to build energy modules for offshore rigs.
Falklands’ oil exploration companies expand early 2012 drilling program
Borders & Southern Petroleum has extended a contract for exploratory drilling in Falkland Islands waters to include at least another two wells, it was announced on Thursday by parties involved.
Brazilian banks and funds create company to build deep-water rigs for Petrobras
A group of Brazilian banks and funds have created a company called Sete Brasil that will build seven deep-water rigs for state-run oil company Petrobras offshore exploration campaign, Petrobras announced on Monday.
Falklands’ oil companies contract more sophisticated exploration rig
Borders and Southern Petroleum PLC licensed for oil exploration in the Falkland Islands announced Friday the signing of a new rig contract with Ocean Rig under which the Eirik Raude has been replaced by the Leiv Eiriksson.
Brazilian shipyard wins Petrobras 4.6 billion contract for seven ultra-deep rigs
Brazil's government managed oil and gas giant Petrobras said on Friday that local shipyard Estaleiro Atlantico Sul (EAS) had won the tender to build seven drilling rigs in Brazil.
Ensco becomes the world’s second largest off-shore drilling company
UK based oil drilling services company Ensco PLC said Monday it has agreed to buy US rival Pride International Inc. in a 7.3 billion US dollars cash and stock deal that will create the world's second largest off-shore drilling company.
Falklands’ oil company contracts exploration rig to operate end of 2011
DryShips has won an exploration contract to drill offshore the Falkland Islands. The Greek company received a letter of intent for the Eirik Raude and will drill two weels for approximately 90 days beginning in the fourth quarter of 2011.
Petrobras leases 20 drilling rigs to become operational in next two years
Brazil’s government managed oil and gas corporation Petrobras announced it leased 20 foreign drilling rigs that will start operating in the next two years as it seeks to boost its capacity to explore for and produce oil.
Falklands’ Desire given the green light to drill second well in Rachel prospect
Falkland Islands Desire Petroleum confirmed Tuesday it had secured regulatory and partner approvals to drill a second well 14/15-2 well in the North Falkland basin Rachel prospect.


