The worldwide offshore rig count for February 2019 increased by 6 units sequentially and by 59 units year-over-year, according to Thursday’s report by Baker Hughes, a GE company (BHGE).
Borr Drilling, an Oslo-listed jack-up rig operator, has signed a letter of intent for the Prospector 5 jack-up drilling rig.
Diamond Offshore’s semi-submersible drilling rig Ocean GreatWhite has left Scotland’s Kishorn Port, heading to the North Sea to work for Siccar Point. According to a report from Kishorn Port, the world’s largest semi-submersible rig left the port on Monday, March 4, 2019. “Wishing the OGW, its crew
Hibiscus Petroleum’s jointly‐controlled operating company, Anasuria Operating Company, is on track to execute the Guillemot A GUA‐P1 side‐track well, a planned production enhancement project at the Anasuria Cluster concession in the UK North Sea.
Norwegian offshore safety watchdog has found several breaches of the regulations following an investigation into a fire on the West Phoenix rig last year.
Jack-up drilling specialist Shelf Drilling on Monday posted a net loss of $50 million for the fourth quarter of 2018, on revenues of $153.1 million.
Equinor has made an oil discovery from the Visund A platform in the Telesto exploration well in the North Sea, offshore Norway. According to Equinor, the resources are estimated at 12-28 million barrels of recoverable oil.
Equinor has started drilling operations on Verbier appraisal well in the UK North Sea using the semi-submersible rig West Phoenix.
MHWirth, an Akastor-owned provider of drilling solutions and services, has been awarded a contract for the delivery of automatic drilling control systems on five Transocean’s drilling rigs.
ExxonMobil has completed the drilling of the second exploration well in the Block 10 offshore Cyprus has made a gas discovery, the government said on Thursday.
Jack-up rig fleet owner Borr Drilling reported a net loss for the fourth quarter of 2018.
Offshore driller Ensco managed to take the edge off some of its quarterly loss but remained in the red ahead of its merger with Rowan.
Northern Drilling has won a contract for its harsh environment rig West Bollsta with Lundin Petroleum in Norway.
Offshore drilling contractor Seadrill is seeing continuous signs of improvement in offshore drilling market with increased tendering activity and better contract economics.
