Offshore Drilling Market - Top Companies and Manufacturers

In the News

• Two new offshore drilling contracts worth a combined total of over 550 million dollars have been given to Saipem, one in the Middle East and the other in the Mediterranean Sea. By securing a ten-year extension to the current contract in the Middle East, Saipem has ensured the continuation of the ongoing activity of the Perro Negro 7 jack-up drilling unit beginning in the second half of the year. This was made possible in part by the asset's excellent performance during the execution of the activities.
• The business combination between Noble Corporation plc ("Noble") and The Drilling Company of 1972 A/S ("Maersk Drilling") has been completed successfully, according to a press release from Noble. Through the successful completion of Noble's suggested voluntary public share exchange offer to Maersk Drilling shareholders, the transaction was completed. From October 3, 2022, the businesses will work together as a single entity.