Petrofac has postponed the beginning of the plug & abandonment program on Rubie and Renee fields in the UK North Sea. As a result, Awilco Drilling’s rig has been put on standby.
Wintershall Dea has installed two manifolds in the templates on the seabed of its Nova field project located offshore Norway.
The worldwide offshore rig count in April 2020 has dropped 28 rigs year-over-year and 19 rigs sequentially, according to rig count reports by Baker Hughes Company.
German oil and gas company Wintershall Dea has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling and completion on the Nova field using the West Mira drilling rig.
Borr Drilling has decided to sell two jack-up rigs for total cash proceeds of $15.8 million.
The UK Oil & Gas Authority (OGA) has approved IOG’s field development plan for the Core Project Phase 1 located in the UK North Sea.
Transocean recorded a wider loss in the first quarter of 2020 when compared to the same period last year due to impairments on assets.
Maersk Drilling has been awarded a contract by Equinor for the drilling of three and plugging of one well on the Martin Linge field offshore Norway.
Lundin Energy saw its quarterly revenues grow on the back of Johan Sverdrup start-up. As a result of strong performance from the Norwegian fields, Lundin has increased its full-year production guidance.
The Norwegian Government has decided to make oil production cuts in an attempt to more rapidly stabilise the oil market.
French energy major Total has joined a project to explore the potential of powering offshore oil and gas platforms with floating wind and wave energy. The O/G Decarb innovation project will examine the possibility of using a combined wind and wave technology on a floating foundation to store energy
Valaris booked $3 billion loss in the first quarter of the year affected by impairments and fleet utilization decline.
Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea off Norway.
Oil and gas company Spirit Energy has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Barents Sea using the Leiv Eiriksson drilling rig.
