Rig Equipment News

Rig Count - Mar 06
Austria >> 3/17/2006 - Non-OPEC rig count stood at 2,865 rigs in February, which represents an increase of 93 rigs compared to the previous month. Of the total, 265 rigs were operating offshore and 2,600 onshore. In terms o...
Rig Count - Feb 06
Austria >> 2/15/2006 - Non-OPEC rig count stood at 2,772 rigs in January, which represents an increase of 97 rigs compared to the previous month. Of the total, 265 rigs were operating offshore and 2,507 onshore. In terms of...
Parker Drilling Announces Joint Venture and New Contracts in Saudi Arabia
Saudi Arabia >> 2/15/2006 - Parker Drilling Company and Abdullah Rasheed Al-Rushaid Company for Drilling Oil and Gas Limited announced the formation of a joint venture company which will perform four drilling contracts, each wit...
Aker Kvaerner Awards Drilling Equipment Contract
Norway >> 2/10/2006 - Aker Kvaerner has signed a contract with Daewoo Shipbuilding & Marine Engineering Co. Ltd in South Korea for delivery of drilling systems for two semi-submersible drilling rigs ordered by SeaDrill. Th...
TransGlobe Announces Another Successful Development Well inYemen.
Yemen >> 2/3/2006 - TransGlobe Energy Corporation announced another successful development well on Block S-1 in Yemen (25.0% working interest). An Nagyah #19, which commenced drilling on January 9th, 2006, reached a tota...
Drilling Operation at Caspian to Kick off By June
Iran >> 1/29/2006 - Drilling at the Caspian Sea will kick off in June upon completion of Khazar Rig that is experiencing 97% physical progress at the moment, planning deputy of Oil Ministry Mohammad Reza Moqaddam said. F...
COSL Secured New Overseas Contract in Iran
Iran >> 1/23/2006 - China Oilfield Services Limited has signed a cooperation agreement for strategic oil exploration management, repair and maintenance of semi-submersible Alborz Rig in Block 6 of the Caspian Seawith Ira...
Sky Petroleum Announces Drilling Rig Contract for Mubarak Field
United Arab Emirates >> 1/18/2006 - Sky Petroleum, Inc. announced that Buttes Gas and Oil Co. International Inc. ("BGOI"), the operator of the Mubarak Field, has signed a contract with P.T. Apexindo Pratama Duta Tbk (JSX: APEX), the lar...
Calvalley Petroleum Provides Yemen Operations Update
Yemen >> 1/5/2006 - Calvalley Petroleum provided the following update on its operations on Block 9 in Yemen. The drilling rig was released on January 3, 2006 from the seventh horizontal Hiswah well, which was spudded on ...
TransGlobe aAnnounces Well Results, Block S-1 Yemen
Yemen >> 12/30/2005 - TransGlobe Energy Corporation announced well results on Block S-1 in Yemen (25% working interest). The Hatat #1 wildcat exploration well was plugged and abandoned after failing to test hydrocarbons fr...
KOC Signs Contract With Burgan Co
Kuwait >> 12/27/2005 - Burgan Co. signed Contract with the Kuwait Oil Company (KOC) for two (2) medium depth drilling rigs of 1500 HP for drilling operations in Kuwait on 26th Dec. 2005. The contract is for a total valu...
Calvalley Petroleum Provides Yemen Operations Update
Yemen >> 12/22/2005 - Calvalley Petroleum provided the following update on its operations on Block 9 in Yemen. The drilling rig was released on December 16th from the Company’s sixth horizontal Hiswah well (Hiswah-8) which...
Smedvig Secures Contract Extension for Tender Rig in West Africa
Congo >> 12/16/2005 - Smedvig has been awarded a contract by total congo to extend the production drilling contract for the self-erecting tender rig T-8, The contract extension has a duration of one year, and estimated con...
Rig Count - Dec 05
Austria >> 12/16/2005 - Non-OPEC rig count stood at 2,710 rigs in November, which represents an increase of 85 rigs compared to the previous month. Of the total, 263 rigs were operating offshore and 2,447 onshore. In terms...
Rowan Announces Construction of New Jack-Up Rigs
United States >> 12/2/2005 - Rowan Companies, Inc. announced plans for the construction of two jack-up rigs to add to its offshore fleet. The rigs will be a new design called the LeTourneau 240C. This design has enhanced environm...
KS Energy to Provide Land Drilling Rig to Qatar Based Company
Qatar >> 11/9/2005 - KS Energy Services Limited has secured a contract to provide an onshore land drilling rig to a Qatar based oil & gas company. The total value of the contract is approximately US$7.9 million comprising...
Transocean Inc. to Commence Sedco 700-Series Upgrade Following Commitment from Shell
United States >> 11/7/2005 - Transocean Inc. has entered into an agreement with an affiliate of Royal Dutch Petroleum (Shell) for the upgrade of one of Transocean's Sedco 700-series semisubmersible rigs. Under the terms of the ag...
Rowan Announces Sale of Second Generation Semi-Submersible Rig
United States >> 10/20/2005 - Rowan Companies, Inc. announced an agreement to sell its only semi-submersible rig, the Rowan-Midland, to ATP Oil & Gas Corporation ("ATP") for approximately $60 million in cash. Payment for the rig w...
Aker Yards to Build Well Intervention Vessel for Island Offshore
Norway >> 10/14/2005 - Aker Yards has signed a contract worth approximately NOK 650 million to build a Well Intervention Vessel for Island Offshore. The vessel will be delivered in January 2008. Main duties for the new vess...
InterOil Announces Arrival of New Drilling Rig in Papua New Guinea
Papua-New Guinea >> 10/6/2005 - InterOil Corporation announced that its newly engineered rig (InterOil Rig #2) has arrived in Port Moresby, Papua New Guinea. The rig is a ‘double’ and was engineered by Loadmaster Rig Systems of Hous...

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