Black Sea Oil & Gas has awarded the EPCIC contract for all offshore and onshore facilities for the Midia Gas Development Project offshore Romania to GSP Offshore.
Offshore drilling companies Transocean and Ocean Rig have informed that their respective shareholders have voted in favor of the previously proposed Transocean’s acquisition of Ocean Rig.
Wellesley Petroleum has received consent from the PSA to drill exploration wells in the North Sea with the Transocean Arctic rig.
Aberdeen-based Texo Group has been awarded a contract to upgrade the Ensco 100 jack-up drilling rig.
The has found irregularities during an audit of KCAD’s and Equinor’s drilling operations on the Gullfaks field offshore Norway.
Aker BP has received consent from the PSA for exploration drilling in the North Sea using the Scarabeo 8 rig.
The Norwegian Petroleum Directorate has granted Total E&P Norge a drilling permit for an appraisal well located in the Norwegian Sea.
Oil company Lundin Norway is ready to drill a well in the Barents Sea following the receipt of a drilling permit from the Norwegian authorities.
Offshore driller Fred. Olsen Energy is considering other restructuring alternatives or it might be facing bankruptcy following a withdrawal of a potential buyer for its drillship Bolette Dolphin.
Rolls-Royce has signed agreements for the supply of mooring equipment to two drilling rigs under construction in Singapore and China.
Offshore Driller Seadrill Partners has secured a contract for its West Capella drillship with Petronas in Malaysia.
Norway’s Equinor has been given consent by the Petroleum Safety Authority to use the Songa Endurance drilling rig on the Troll field in the North Sea.
After a couple of years of negative sentiment in the offshore drilling industry caused by the low oil prices and the rig oversupply, things have started looking up for the sector.
Saudi Arabian oil and gas giant Saudi Aramco has said it has this week signed $27.5 billion worth of deals with suppliers during its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam.
