Keppel FELS Limited (Keppel FELS), a wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), will divest its entire 72 percent interest in the rig, West Berani, to SeaDrill Asia Limited ...

Stavanger-based investment company Energy Ventures has, along with Asian partners, established the new rig company Energy Drilling, run from Singapore, and placed a $260 million speculative order with ...

ExxonMobil has signed a 3-year contract extension valued at about $65 million with SapuraCrest Petroleum Bhd. unit Petcon (Malaysia) Sdn. Bhd. for a tender-assisted platform rig off Malaysia. LOS ...

New technologies that allow operators to step out into deeper water and to drill deeper from shallow water were the focus of the Drilling Engineering Association Workshop recently held in Galveston.

Kencana is building 2 units of Tender Assisted Drilling Rigs (TADRs). Kencana announced that its wholly-owned subsidiary, Kencana Marine Drilling Sdn. Bhd., is building 2 units of Tender Assisted ...