Offshore Drilling News

Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels.The company said Wednesday it had executed a non-binding memorandum of understanding with offshore wind installation services firm Eneti with a plan to form a joint venture company that will engage in offshore wind foundation installation…

Offshore drilling operator Valaris has extended its service agreement with Survitec, a provider of survival technology solutions, for another three years.The master service and supply contract, originally signed in 2016, covers the annual and five-year inspection, servicing, and maintenance of LSA, including lifeboats, davits, and fast rescue crafts across Valaris’ global fleet of 11 drill ships, 5 semi-submersibles and 36 jack-up rigs.Survitec said:"An extensive network of more…