Aquadrill, formerly known as Seadrill Partners, and Vantage Holdings’ subsidiary have reached an agreement to provide a sixth-generation drillship for operations in East Africa.
The saga surrounding the development of a controversial Bay du Nord offshore oil project located in Canada continues with a court challenge.
Offshore drilling contractor Valaris has secured new contracts for two drillships, including a stacked one, and a jack-up rig.
Baker Hughes’ international rig count report shows that the number of offshore rigs took a downturn in February 2023, slipping by 4 units, compared to last month.
Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States dropped down by one unit last week.
IOG plc has started drilling the second Blythe production well, as part of the Saturn Banks Project – Phase 1 in the UK Southern North Sea.
Woodside has entered into a deal with Pancontinental, enabling it to get an exclusive option to acquire a stake in a licence off Namibia.
Shell has made a new oil discovery in an exploration well offshore Namibia with Northern Ocean’s Deepsea Bollsta semi-submersible rig.
With the global oil and gas industry’s income skyrocketing to nearly $4 trillion in 2022, many are of the opinion that this sector holds the purse strings. Will it tighten or loosen them to invest a considerable chunk in the clean energy transition?
Enauta has interrupted production from a well located on a field off Brazil only days after completing preventive maintenance for an FPSO.
Longboat Energy is seeking to forge a new group of partners to re-apply for a license in the Norwegian Sea, once it has been abandoned.
Equinor has inked an agreement to acquire Suncor Energy UK Limited, a subsidiary of Canada’s Suncor, for a total consideration of $850 million.
Saipem has been awarded a new contract in Ivory Coast worth $400 million for a recently chartered seventh-generation drillship.
BW Energy is anticipating a delay in the closing of the acquisition of two assets in the Espírito Santo Basin offshore Brazil.
