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ENSCO DS-7 contracted to Noble Energy in the Mediterranean Sea

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Ensco announced that ultra-deepwater drillship ENSCO DS-7 has been awarded a contract by Noble Energy to drill two wells and complete four production wells at the Leviathan field development in the Mediterranean Sea. This contract is expected to commence in March 2018 and be completed in December 2018. The contract also includes four one-well priced customer options that if fully exercised would extend the contract into 2020...

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Baker Hughes data shows drop in US oil-rig count

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The number of rigs drilling for oil in the US dropped by five to 763 this week, according to the Baker Hughes weekly rig count. Meanwhile, the number of rigs drilling for natural gas jumped from 181 to 182. The total US active rig count now stands at 946, with 927 rigs drilling on land and 16 offshore.

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Transocean announces agreement to acquire Songa Offshore

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Transocean has reached an agreement with Songa Offshore whereby Transocean will, subject to certain conditions, make a voluntary exchange offer to acquire 100% of the issued and outstanding shares of Songa Offshore, including shares issued before expiry of the offer period as a result of the exercise of warrants, convertible loans and other subscription rights...

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