ADES International has entered into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin.
Corallian Energy has completed its Colter appraisal campaign off the UK, which has included the Colter North and the new Colter South prospects, discovering that the Colter prospect is smaller but the Colter South prospect is larger than expected.
The Petroleum Safety Authority has given a notice of order to Ocean Rig regarding the working environment and emergency preparedness on the Leiv Eiriksson rig.
Since the oil price crash in 2014, the global MODU market has suffered through a rig demand collapse, which coupled with a vast oversupply of units resulted in dismal utilisation and dwindling day rates.
The worldwide offshore rig count for February 2019 increased by 6 units sequentially and by 59 units year-over-year, according to Thursday’s report by Baker Hughes, a GE company (BHGE).
Jadestone Energy plans to drill infill wells on its Stag and Montara assets both located offshore Western Australia with Stag well set to spud in March this year.
Jack-up rig company Shelf Drilling has revealed new names of the two newbuild jack-ups it has recently agreed to buy in China.
Borr Drilling, an Oslo-listed jack-up rig operator, has signed a letter of intent for the Prospector 5 jack-up drilling rig.
Diamond Offshore’s semi-submersible drilling rig Ocean GreatWhite has left Scotland’s Kishorn Port, heading to the North Sea to work for Siccar Point. According to a report from Kishorn Port, the world’s largest semi-submersible rig left the port on Monday, March 4, 2019. “Wishing the OGW, its crew
The number of offshore rigs in the U.S. rose to 22 units last week, according to weekly rig count reports released by Baker Hughes, a GE company, on Friday.
Offshore drilling company Pacific Drilling on Monday said it had signed drillship deals with Total, Chevron, and Eni.
Hibiscus Petroleum’s jointly‐controlled operating company, Anasuria Operating Company, is on track to execute the Guillemot A GUA‐P1 side‐track well, a planned production enhancement project at the Anasuria Cluster concession in the UK North Sea.
Norwegian offshore safety watchdog has found several breaches of the regulations following an investigation into a fire on the West Phoenix rig last year.
Jack-up drilling specialist Shelf Drilling on Monday posted a net loss of $50 million for the fourth quarter of 2018, on revenues of $153.1 million.
