Conclusion: tender and semi-tender rigs further complicated the supply situation in the Asian segment where SapuraKencana is a dominant force. Thanks for the heads up, Lasse (Tudor Invest Holdings)!

Houston-based Bassdrill sees the use of semi-submersible tender assist rig along with tension-leg platforms and spars as potentially mitigating offshore safety hazards stemming up from rig ...

Bermuda-based drilling contractor Valaris has posted a sharp 24% drop in quarterly earnings, but despite the results the ...

The tender rig market looks rather balanced at this point. The majority of supply is controlled by one company, Sapura Energy, and this company has plenty of cold-stacked rigs.

Statoil is issuing a tender for minimum two such rigs for work on the NCS. The contract will run for either eight years with four three-year options or for 20 years firm contract period.

Global updates on exploration, production starts, field development, rig activity, and key technology developments. Coverage includes US and international conventional and unconventional plays ...

Smedvig has been awarded a new contract by Carigali Triton for the tender rig Teknik Berkat. The contract has a duration of 18 months and is valued at approximately US $36 million.

Maritime Activity Reports, Inc. December 24, 2008 StatoilHydro is terminating its procurement process for rig hire for operations on the Norwegian continental shelf due to high rig rates. ”We ...

When the deadline expired Aug. 25, StatoilHydro called for updated tenders reflecting the lower oil price for submission Dec. 1, the company said in an e-mailed statement.

The tender rig will be based on a similar design and same specifications as SeaDrill's T-10, with enhanced drilling capabilities allowing for parallel activities and high drilling efficiency.

Energy Drilling Pte. Ltd. (EDrill) is acquiring three tender rigs it has already been operating, in a deal expected to conclude in the third quarter. Seadrill Ltd. will transfer to the Singaporean ...