Upstream drilling rigs

Norway set for development drilling on grand scale

Offshore development drilling on a grand scale is soon to begin in Norway for the Aker BP-led multibillion-dollar oil and gas projects Yggdrasil, Valhall-Fenris, Skarv Satellites

Drilling Rigs

Crucial for both onshore and offshore operations, these rigs penetrate the earth''s surface to extract valuable resources. Designed to handle diverse geological conditions and depths, they

Bringing idle offshore rigs back to life a growing opportunity

Reactivating offshore drilling rigs that have been idle for long periods is a growing opportunity despite the high number of rigs that are already in shipyards being reactivated,

Who is leading the race for $2 billion Petrobras rigs prize?

Who is leading the race for $2 billion Petrobras rigs prize? Brazilian oil giant seeks to replenish rig fleet with high-specification drilling units Petrobras chief executive Magda

Upstream Supply Chain | Wood Mackenzie

Products & services Upstream Supply Chain Get a complete picture of today''s market and prepare for future offshore opportunities with integrated solutions

Drilling rig suspension in Mexico supports recent market concerns

Mexican national oil company Pemex has temporarily suspended a jack-up drilling rig contract with an Oslo-listed company amid market concerns that more suspensions could

Rig suspensions weighing on production in Mexico | Upstream

An estimated 12 jack-up drilling rigs are subject to contract suspensions by the Mexican national oil company Pemex, but there are indications the rigs will start being brought

Drilling giant secures long-term offshore rig deals worth $1.15 billion

Adnoc Drilling has won two offshore jack-up rig deals worth a combined $1.15 billion for 15 years from compatriot Adnoc Offshore. The jack-up deals will bring in "accretive

Borr Drilling gives thumbs up to more consolidation and rig

Borr Drilling said it believes additional consolidation is needed in the shallow-water drilling segment and that more older rigs need to be retired.

Oil and Gas Upstream Operations

The upstream sector of the oil and gas industry refers to the exploration, drilling, and production activities that take place before oil and gas are transported to

Drilling Rigs, Engines, & Fuels

Below we explore the critical aspects of upstream production and the vital components of drilling rigs that make it all possible. At the root of most modern processes is knowledge. Oil and

Vantage prunes offshore fleet again, with a repeat buyer stepping

Dubai-based Vantage Drilling has agreed to sell for $190 million in cash its two remaining shallow-water drilling rigs with its fleet now reduced to just two owned deepwater

Drilling contractor breaks Mexico deadlock and

Shallow-water drilling contractor Borr Drilling has received good news in Mexico where three of its jack-up rigs had been suspended, while

Upstream Supply Chain | Wood Mackenzie

In the oil and gas industry, upstream assets refer to the physical resources and equipment used in the exploration, drilling, and production of oil and gas. These assets include

Upstream (petroleum industry)

A company that owns and operates drilling rigs that are contracted by an operator to drill wells. Examples include Patterson UTI, Trans-ocean, Nabors, Independence Contract Drilling and

Transocean rig arrives to start major Australian gas exploration

The company added the Otway exploration drilling programme (OEDP) is critical to the future gas needs of southern Australia, given the rapidly declining production from the

Pertamina charters Chinese jack-up rig for four-year

Indonesia''s national energy company Pertamina has secured the jack-up rig CPOE 16 from Chinese offshore drilling contractor CNPC

Borr Drilling gives thumbs up to more consolidation and rig

Borr Drilling said it believes additional consolidation is needed in the shallow-water drilling segment and that more older rigs need to be retired. The New York-listed company

Multi-year drilling campaign for Asian rig owner | Upstream

Malaysian drilling contractor Velesto Energy has landed a firm 15-well campaign for Thailand''s national upstream company PTTEP. Velesto on Tuesday confirmed it would assign one of its

''Muscle memory'': Offshore drillers remain in upcycle while

Offshore experts talk with Upstream about the drilling activity ''upcycle'', offering outlook on rig opportunities and dayrates

Offshore driller finds new home for suspended rigs | Upstream

Shelf Drilling''s positivity about the potential for West Africa to absorb its rigs suspended in Saudi Arabia has paid off, with the company securing long contracts for two

Stena Drilling rig bids farewell to Guyana after four years

Aberdeen-headquartered drilling contractor Stena Drilling is preparing to demobilise one of its two rigs that are operating for US supermajor ExxonMobil offshore

Understanding upstream, midstream, and downstream.

The energy sector has three key areas: Upstream, midstream, and downstream. What is upstream? - Upstream is E&P (exploration and

Borr Drilling snaps up accelerated newbuild jack-up from

Singapore''s Seatrium has delivered about one year early the fourth of five jack-ups it is building for rig contractor Borr Drilling. The jack-up Vali was completed and delivered on an

Hydraulic and Gas Connections: Upstream Applications in the Oil

Conventional Land Drilling Rig: Drilling operations on land are designed to drill deep into the earth to access oil or natural gas trapped in underground rock formations. Built

Trends in U.S. Oil and Natural Gas Upstream Costs

The IHS report documents the upstream costs associated with this growth, including increases associated with the demand for higher drilling activity during expansion and decreases during

Drillers eye new rig opportunities in Brazil with Petrobras and Shell

Well-informed industry sources told Upstream that Petrobras is again expected to approach contractors, but this time in an effort to hire one or more rigs to run development

Upstream: Production and Exploration

Upstream: Production and Exploration The upstream segment of the oil and gas industry contains exploration activities, which include creating geological surveys and obtaining land rights, and

5 Essential Machines in Oil & Gas Upstream: Drilling Rigs to Mud

Among these, five machines stand out as essential to the success of any drilling project: drilling rigs, mud pumps, separators, compressors, and turbines. Each of these

Keppel making plans for its fleet of offshore drilling rigs

Keppel was the most celebrated builder and designer of offshore drilling rigs in the world, but the merger with Sembcorp marked its exit from that business.

Who is leading the race for $2 billion Petrobras rigs

Who is leading the race for $2 billion Petrobras rigs prize? Brazilian oil giant seeks to replenish rig fleet with high-specification drilling

DRILLING EQUIPMENT IN OIL & GAS

Drilling rigs are fundamental to the upstream sector''s ability to access and produce oil and gas reserves. With the capability to drill at varying depths, in

Upstream Solutions

Unlock the potential of your oil & gas upstream & midstream operations with data, insights, software and AI solutions from Platts & IHS Markit now under S&P Global.

Eni extends use of deepwater rig in Southeast Asia | Upstream

Italian major Eni has, as expected, elected to retain a deepwater drilling rig in Indonesia where it has multiple operations progressing in parallel. The operator has exercised

Power Your Operations With Reliable Mining Equipment?

We are a leading manufacturer of drilling rigs and air compressors for mining and construction industries.