The Australian company has the semisub on charter until August this year, according to Valaris’ most recent fleet status report. No dayrate is given for the contract, which commenced in January ...

The semisub set to be idle for the remainder of 2025 after completing its UK North Sea campaign in May for BP. However, the Ocean GreatWhite could be a candidate for long-term programmes in 2026 ...

Helix Energy Solutions Group Inc. reported its Q1 2025 earnings, showcasing an unexpected earnings per share (EPS) of $0.02, surpassing the forecasted -$0.0081. This positive surprise in the ...

Thanks, Owen. Good morning, everyone. Continuing on Slide 6, highlights for the first quarter include, we commenced operations with the Q7000 in Brazil for Shell on the 400-day contract plus options.

COO Scott Sparks provided updates on major contracts, including the Q7000 commencing a 400-day contract with Shell in Brazil and the Siem Helix 2 beginning a three-year contract with Petrobras at ...

Helix Energy Solutions Group Inc. reported its Q1 2025 earnings, showcasing an unexpected earnings per share (EPS) of $0.02, surpassing the forecasted -$0.0081. This positive surprise in the earnings ...

Jurong Shipyard, a subsidiary of SembCorp Marine, has signed a Letter of Intent with PetroMena AS to build a second unit of a Friede & Goldman Ex-D design semisubmersible drilling rig for US$480 ...

Westwood predicts utilisation of the combined jackup, semisub and drillship segments to fall further this year to around 85%, making it likely that more rigs could permanently be removed from the ...

The deals were for the Well-Safe Protector jackup and Well-Safe Defender semisub fixed for a combined 170 days of firm work, with options for a further total duration of up to 140 days in 2025 and ...