It was just before Christmas when offshore rigger Antonio Gianfrancesco of Warwick found out his job was put on pause.
I.1 Annualization uses a 1:1 rotation (e.g., 28/28), approximating 182 paid offshore days per year: \( \text{Annualized} \approx \text{Day Rate} \times 182 \). I.2 Hourly equivalents assume 12-hour ...
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Seadrill locks in multi-region rig work as offshore demand tightens
Offshore drilling contractor Seadrill has strengthened its forward workload after securing a series of contract awards and ...
Eleanor has an undergraduate degree in zoology from the University of Reading and a master’s in wildlife documentary production from the University of Salford.View full profile Eleanor has an ...
Mordor Intelligence has published a new report on the “Offshore Drilling Market,” offering a comprehensive analysis of trends, growth drivers, and future projections.
An offshore oil rig worker has quit his job after becoming an overnight millionaire. Christian Jones and his wife Lesley, who live on Teesside, were cooking up a homemade Thai curry with friends when ...
Consultant Westwood Global Energy expects the global offshore rig market in 2024 will see further utilisation growth, building on last year’s post-pandemic recovery that saw floating units’ dayrates ...
Pertamina's indirect subsidiary Saka Energi is in the market for a jack-up rig for drilling on two of its domestic offshore ...
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