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Exploration & Production

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Fossil EnergyBusiness & Finance
Transocean posts 1Q loss. CEO optimistic about future rig demand
Exploration & Production

Transocean posts 1Q loss. CEO optimistic about future rig demand

Offshore driller Transocean posted a net loss of 212 million for the first quarter of 2018

about 8 years ago
Odfjell Drilling buys former Stena rig, wins contract with Aker BP
Exploration & Production

Odfjell Drilling buys former Stena rig, wins contract with Aker BP

Offshore driller Odfjell Drilling has bought the former Stena Midmax drilling rig and won a contract for it from Aker BP.

about 8 years ago
Borr Drilling sheds 14 jack-up rigs
Exploration & Production

Borr Drilling sheds 14 jack-up rigs

Offshore driller Borr Drilling has sold 14 old jack-up rigs en bloc to a non-drilling company as part of its rationalization program following Paragon Offshore takeover.

about 8 years ago
Haven rig set for Sverdrup job as Lamprell completes upgrade
Exploration & Production

Haven rig set for Sverdrup job as Lamprell completes upgrade

Lamprell has completed an upgrade to the mobile operating unit Haven as an accommodation rig to be used on Statoil’s Johan Sverdrup project offshore Norway.

about 8 years ago
Bassoe: You’re not an idiot if you believe in deepwater drilling
Exploration & Production

Bassoe: You’re not an idiot if you believe in deepwater drilling

The drillship market has sucked for years. Now it’s getting interesting.

about 8 years ago
Chrysaor strikes innovative drilling services deal with Baker Hughes
Exploration & Production

Chrysaor strikes innovative drilling services deal with Baker Hughes

UK independent Chrysaor is starting a new drilling campaign in its UK portfolio in partnership with Baker Hughes, a GE company.

about 8 years ago
Chrysaor awards North Sea job to Rowan jack-up
Exploration & Production

Chrysaor awards North Sea job to Rowan jack-up

Offshore driller Rowan Companies has won a deal for one of its Super Gorilla Class jack-up rigs.

about 8 years ago
Ensco books bigger loss on lower utilization, slashed rig rates
Exploration & Production

Ensco books bigger loss on lower utilization, slashed rig rates

UK driller Ensco saw its net loss deepen over the first quarter 2018 with its revenues down lower rig utilization.

about 8 years ago
More red ink for Fred. Olsen Energy
Exploration & Production

More red ink for Fred. Olsen Energy

Fred. Olsen Energy (FOE) booked a bigger loss in the first quarter of 2018 as its revenues fell compared to the prior-year period.

about 8 years ago
Maersk Intrepid rig cleared for Martin Linge production drilling
Exploration & Production

Maersk Intrepid rig cleared for Martin Linge production drilling

Statoil has been given consent by the PSA to use the Maersk Intrepid drilling rig for production drilling on the Martin Linge field in the North Sea.

about 8 years ago
Total hires Stena rig for UK job
Exploration & Production

Total hires Stena rig for UK job

Offshore driller Stena Drilling has signed a contract with Total E&P UK for its Stena Don drilling rig.

about 8 years ago
Ensco sees one contract terminated as three rigs go to scrapyard
Exploration & Production

Ensco sees one contract terminated as three rigs go to scrapyard

UK-based driller Ensco has won new contracts for a number of its drilling rigs but has also lost one contract and scrapped three rigs.

about 8 years ago
Odfjell Drilling eyes Stena Midmax rig
Exploration & Production

Odfjell Drilling eyes Stena Midmax rig

Odfjell Drilling is considering to acquire the Stena Midmax rig, a Moss CS60E semi-submersible drilling rig.

about 8 years ago
Aker BP granted drilling permit for Svanefjell well
Exploration & Production

Aker BP granted drilling permit for Svanefjell well

The Norwegian Petroleum Directorate has granted Aker BP a drilling permit to drill a wildcat well in the Barents Sea offshore Norway.

about 8 years ago
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