Offshore accommodation specialist Prosafe will not give up on its proposed merger with rival Floatel following recent rejection by the Norwegian competition authority.
Offshore accommodation specialist Prosafe posted a net loss of $360 million in the third quarter of 2019, compared to a loss of $118 million a year ago.
Oil and gas company Kosmos has made an oil discovery at its S-5 well offshore Equatorial Guinea.
Conrad Petroleum has started drilling the Tambak-1 well located in the Duyung PSC in the Natuna Sea offshore Indonesia, using the Asian Endeavour-1 jack-up rig.
Greek player Energean Oil and Gas has announced the successful appraisal of the Karish North discovery located offshore Israel.
Brazilian oil company Petrobras has extended a contract with Seadrill for the use of a drillship.
Equinor has received consent from the Petroleum Safety Authority to consent to drill an exploration well in the North Sea using the West Hercules rig.
The number of offshore rigs in the U.S. climbed up by one unit over the last week, according to a Friday report by Baker Hughes.
Oil company Tower Resources has signed a contract with Geoquip Marine Operations for a survey over its Thali block in Cameroon, ahead of the drilling operations start.
Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million to its backlog.
Brazilian oil company Petrobras has reportedly managed to sell the ultra-deepwater drillship after its first auction received no bids.
Floating rig contractor Transocean has won a contract for its 2001-built semi-submersible drilling rig
Offshore drilling contractor Noble Corporation is in discussions with Shell to receive payout of the Noble Bully II contract and to acquire Shell’s interest in the Bully joint ventures.
Maersk Drilling has entered into a contract with Serica Energy to drill a subsea development well in the North Sea
