Turkish warships on Friday reportedly blocked an Eni-operated drillship from moving into an area offshore Cyprus.
GSP Offshore-owned GSP Saturn jack-up rig has arrived at the Port of Constanta, Romania, ahead of reclassification.
They’re cheap to stack and costly to scrap, but old jack-ups are finally moving off to scrapyards.
Affected by impairment charges, Maersk Drilling recorded a bigger loss for the full year 2017 compared to its result in 2016.
Norwegian offshore driller Fred. Olsen Energy recorded a loss in the fourth quarter 2017 as its revenues tumbled due to its entire rig fleet being in lay-up mode.
BP has declared the first two options under a contract for use of the semi-submersible drilling rig Blackford Dolphin in the UK North Sea.
Italian oil company has confirmed making “a lean gas discovery” in Block 6 Offshore Cyprus with Calypso 1 NFW, confirming reports of a discovery released last week by the Cypriot media.
Hibiscus Petroleum is preparing to drill a sidetrack well on the Anasuria field in the UK North Sea, following an award of a drilling contract to one of Seadrill’s semi-submersible rigs.
The international offshore rig count for the first month of 2018 increased sequentially but dropped when compared to the same period of 2017, according to a Wednesday report by Baker Hughes, a GE company.
Norwegian oil company Statoil has lifted its capex and expects to drill more wells in 2018 compared to 2017.
The NPD has granted Statoil a drilling permit for wildcat well 16/1-29 S, in the North Sea.
World’s largest offshore driller Transocean is reportedly set to reactivate its 2010-built ultra-deepwater drillship Discoverer India.
Fugro has won a long-term contract for the provision of rig positioning services to oil major Statoil.
Statoil has signed a contract with North Atlantic Norway Ltd for use of the 6th generation West Hercules rig.