Company secures eagerly-awaited follow-on work with Equinor for two of its so-called Category D ("CAT-D") rigs at respectable terms. Total firm backlog addition amounts to $382 million. Both rigs will ...

Statoil has awarded the contract for construction of two new drilling rigs for use on the Norwegian continental shelf (NCS) to Songa Offshore. The contract for the two category D rigs is worth an ...

The term charters on offer for the pair of Category D rigs are the longest ever offered in Norway. The rigs would be contracted to go on firm eight-year charters plus four three-year options, or ...

Good day, and welcome to the Transocean Acquisition of Ocean Rig Conference Call. Today’s conference is being recorded. At this time, I would like to turn the conference over to Mr. Bradley Alexander, ...

Two U.S. camera-rig makers have already become well known in the burgeoning stereoscopic 3-D market: Pace Technologies (“Avatar”) and 3ality Digital (“U2 3D”). But the space is about to get more ...

The deal carries an option for Statoil to contract two additional rigs from Songa, to be declared by the end of October, but the national oil company said it “is also continuing its evaluation of the ...