Offshore drilling contractor Borr Drilling has entered into a new financing arrangement for the newbuild jack-up rig Tivar.
Well-Safe Solutions has awarded a “significant work scope” to Schlumberger for the provision of plug and abandonment well services in the North Sea.
Pacific Drilling has filed an application with the High Court in London for leave to appeal the decision issued in arbitration proceedings with Samsung Heavy Industries (SHI) regarding the construction contract of the Pacific Zonda drillship.
ConocoPhillips has concluded the drilling of a wildcat well near the Balder field in the North Sea, offshore Norway. The well is dry.
Diamond Offshore has been awarded a contract extension for one of its semi-submersible rigs. During the fourth quarter of 2019, Diamond managed to narrow its loss.
The worldwide offshore rig count in January 2020 has dropped by 14 units sequentially but rose by two units year-over-year, according to a rig count report by Baker Hughes Company.
Repsol has exercised a one-well option under its contract for the Maersk Drilling-owned drillship Maersk Valiant for operations offshore Mexico.
Danish offshore driller Maersk Drilling recorded a net loss in 2019 and a decrease in revenues due to lower dayrates and higher financial expenses compared to the previous year.
Demand from the world’s top oil companies for floating drilling units is set to rise through 2020 and 2021, according to Norwegian energy research and consultancy firm Rystad Energy.
Awilco Drilling has signed a letter of intent with an undisclosed operator for the provision of WilPhoenix in support of a three well plug & abandonment program.
Semco Maritime has been awarded a contract by Seadrill for preparation and modification of the West Bollsta prior to starting its ten-well contract with Lundin on the Norwegian Continental Shelf in 2Q 2020.
Transport and installation services provider for the offshore wind industry Fred. Olsen Windcarrier has completed the offshore work related to decommissioning of two gas platforms for Perenco UK Limited.
Caspian Sunrise, an oil and gas company with a focus on Kazakhstan, has decided to buy the Caspian Explorer drilling vessel for $25 million.
Danish offshore drilling contractor Maersk Drilling has been awarded a two-well contract extension from Aker BP for the Maersk Integrator low-emission rig.
