Norwegian E&P player Aker BP has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Norwegian Sea using the Deepsea Nordkapp rig.
Offshore accommodation specialist Prosafe posted a net loss of $360 million in the third quarter of 2019, compared to a loss of $118 million a year ago.
Equinor has received consent from the Petroleum Safety Authority to consent to drill an exploration well in the North Sea using the West Hercules rig.
Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million to its backlog.
Offshore drilling contractor Noble Corporation is in discussions with Shell to receive payout of the Noble Bully II contract and to acquire Shell’s interest in the Bully joint ventures.
Maersk Drilling has entered into a contract with Serica Energy to drill a subsea development well in the North Sea
Oil and gas company OKEA has confirmed the presence of an oil column at the Draugen field well located offshore Norway.
Expenditure on decommissioning in the UK to be £15.3 billion in the next decade
Affected by impairments for three retired rigs, offshore drilling contractor Transocean more than doubled its losses in the third quarter of the year when compared to the last year’s 3Q.
Spirit Energy has raised production from its key North Sea gas field after a successful drilling campaign worth £68.5 million ($88 million).
UK independent i3 Energy has reported that its Serenity well, located in the UK North Sea, is an oil discovery, confirming the strong commercial potential of the Serenity area.
Norwegian oil firm Equinor has drilled a duster at the offshore exploration well 32/4-3 S in the North Sea, offshore Norway.
Diamond Offshore nearly doubled its losses as its revenues dropped in the third quarter of 2019 when compared to the same period in 2018.
Valaris, formerly known as EnscoRowan, has been awarded new contracts and extensions with BP, Murphy Oil, Premier Oil, SapuraOMV, and Saudi Aramco.
