Employee-owned engineering, planning, and construction firm KCI has been awarded a contract for the detailed design of the Greenfield scope of the Southern Hub Asset Rationalisation Project (SHARP) by Perenco UK.
Pacific Drilling has been ordered to pay $320 million to Samsung Heavy following the completion of an arbitration case related to termination of a construction contract for the drillship Pacific Zonda
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the North Sea using the West Hercules drilling rig.
BP has spudded the first exploration well on the Shafag-Asiman offshore block located in Azerbaijan’s sector of the Caspian Sea.
Singapore’s offshore rig builder Keppel Offshore & Marine has made its first rig delivery in 2020.
ConocoPhillips has concluded the drilling of a wildcat well near the Balder field in the North Sea, which resulted in a minor oil and gas discovery.
Offshore drilling contractor COSL has reached an agreement with Equinor in a dispute related to the validity of the termination of drilling rig contracts.
Norwegian oil major Equinor has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Transocean Norge drilling rig.
The worldwide offshore rig count in December 2019 increased by 11 units sequentially and 22 units year-over-year, according to the Wednesday rig count report by Baker Hughes Company.
Transocean has secured a $352.9 million of contract backlog from new contracts and extensions. The company sees this as a sign of improvement in the offshore drilling market.
Oil and gas company Premier Oil has hired a Valaris-owned drillship for operations on Block 717 located offshore Brazil.
The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for a well in the Norwegian Sea.
The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for an appraisal well in the North Sea offshore Norway.
Wintershall Dea is concluding the drilling of a wildcat well near the Aasta Hansteen field in the Norwegian Sea.
