Offshore driller Maersk Drilling and oil company Aker BP have agreed to a one-year contract to deploy the Maersk Integrator rig on the Norwegian shelf from June 2019.
Hibiscus Petroleum has completed the drilling of the GUA‐P2 sidetrack well located in the Central North Sea, offshore UK.
Transocean and Ocean Rig have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig.
Spirit Energy has farmed into 50% of Hurricane Energy’s Lincoln and Warwick licenses offshore UK.
Norwegian offshore safety body has found improvement points during an audit of MOL Norge’s first drilling operation on the NCS.
MOL has received consent from the PSA for exploration drilling in the North Sea using the Rowan Viking drilling rig.
Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jack-up rig Maersk Reacher in the Norwegian part of the North Sea.
Noble Corporation has contracted Kongsberg Maritime to deliver a real-time monitoring solution for the Noble Tom Madden drillship.
Many investors not only want to know the fair market value of an asset, but they also take into account projected future cash flows
Odfjell Drilling has accepted an offer from bank lenders for a $325 million senior secured term loan facility to finance the acquisition of the former Stena-owned Deepsea Nordkapp drilling rig.
Azinor Catalyst started drilling the 9/14a-16 well on the Agar Plantain Prospect on August 24, 2018, using the Transocean Leader drilling rig.
Xervo has signed a contract to deliver an R-002 lifeboat system for a new semi-submersible drilling rig for Awilco Drilling.
Offshore driller Stena Drilling has secured more work for its Stena Don offshore drilling rig with the French oil giant Total.
There just aren’t enough new rigs to meet long-term drilling requirements in the North Sea and Canada. More newbuilds are coming.
