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Tag: Drilling Rig
Transocean-Discoverer-India

Burullus Gas Company cancels Egypt drillship contract with Transocean

Posted: April 17, 2020 at 8:31 pm   /   Oil & Gas

Transocean says Shell-led consortium to pay early termination fee for drillship deal, but sees other contracts extended: Transocean said that Burullus Gas Company has opted to terminate a rig contract for the drillship Discover India that was to be used off Egypt. Offshore drilling contractor Transocean has received a contract termination for a drillship operating […]

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Siemens

Siemens to modernize offshore jack-up rig for Arabian Drilling Company

Posted: February 22, 2020 at 12:10 pm   /   Oil & Gas

German conglomerate Siemens has been awarded a contract by Arabian Drilling Company to modernize an offshore jack-up drilling rig for a customer in the Middle East. Siemens said that the upgrade of the rig’s integrated drilling-drives lineup, including auxiliaries, and controls would enable the customer to meet the latest safety standards. Delivery of the new […]

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Onshore Rig

ADES acquires 12 onshore drilling rigs from Weatherford in Kuwait

Posted: November 3, 2018 at 2:00 pm   /   Oil & Gas

ADES International Holding Ltd. has completed the acquisition of twelve onshore rigs from Weatherford International Plc in Kuwait, the company said on Nov. 2. The transaction forms part of the previously signed definitive agreement with a subsidiary of Weatherford to acquire thirty-one onshore drilling rigs for a total consideration of $287.5 million across Kuwait, Saudi […]

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