Zennor Petroleum has completed drilling and testing operations at its operated Finlaggan field development in the UK Central North Sea.
An Eni-lead consortium has reportedly found no oil or gas reserves during exploration of the Kekra-1 well off the coast of Pakistan.
Australian energy giant Santos has drilled the Dorado-2 appraisal well located offshore Western Australia near the 4,000-meter mark.
Siccar Point Energy has started drilling at its Lyon prospect located north of the Shetland Islands, using a Diamond Offshore-owned semi-submersible rig
Italian contractor Saipem has been awarded new contracts in offshore drilling in Norway and the Middle East totaling over $100 million.
Oil and gas company Vår Energi has received consent from the Norwegian Petroleum Safety Authority to use the Saipem-owned Scarabeo 8 drilling rig.
Oslo-listed offshore driller Shelf Drilling has secured a contract for its newbuild drilling rig Shelf Drilling Achiever.
The number of offshore rigs in the U.S. increased to 22 units last week, according to weekly rig count reports published on Friday by Baker Hughes, a GE company.
South Korean shipbuilder Daewoo Shipbuilding Marine and Engineering (DSME) has this week hosted a naming ceremony for the Sonangol Quengela drillship.
Offshore driller EnscoRowan has won $180 million in damages in arbitration proceedings against Samsung Heavy Industry stemming from a 2016 drillship case.
Offshore drilling contractor Shelf Drilling has secured a contract extension for its Adriatic I jack-up unit in Nigeria.
While Maersk Drilling’s 1Q 2019 result was impacted by lower day rates and expiry of legacy contracts, the driller expects improved market fundamentals with increased utilization and higher day rates in the longer term.
Danish offshore drilling contractor Maersk Drilling is keeping its drilling rig fleet busy as new contracts and extensions pour in for the driller. In its fleet status report published on Thursday Maersk Drilling said that several new contracts and extensions were signed during the first quarter of
Cash-strapped liftboat specialist Ezion Holdings reported a net loss for the first quarter of $12.8 million on the back of lower revenue. The company’s revenue for the quarter was $28 million, down from $37 million in the corresponding quarter a year ago.
