Brazil’s Petrobras will have to pay Vantage Drilling $622.02 million for drilling contract breach.
Tullow Oil is considering its options including an appeal following a court judgement ordering it to pay a fee to Seadrill over an early rig termination case.
The NPD has granted Lundin a drilling permit for an appraisal well in the Norwegian Sea offshore Norway.
Diamond Offshore Drilling has appointed Scott Kornblau as Senior Vice President and Chief Financial Officer.
According to a Friday report by Baker Hughes the number of offshore rigs in the U.S. increased to 19 units over last week.
Oslo-listed flotel provider Prosafe and China’s shipbuilder Cosco have further extended their standstill agreement related to delivery of two accommodation units while the third unit must be delivered before the end of next year.
Ultra-deepwater drilling specialist Ocean Rig is delaying the delivery of an 8th generation newbuilding drillship.
Oil company Tullow Oil and offshore driller Seadrill are expecting a judgement in an early rig contract termination case in Ghana.
Equinor has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the North Sea.
Tullow Oil has contracted a second rig to work on its drilling program and accelerate production growth in Ghana.
John Fredriksen’s Northern Drilling has found a firm 6-well contract for its harsh environment drilling rig West Mira with Wintershall.
Italian oil major Eni has made an oil discovery in Angola’s offshore block 15/06, in the Kalimba exploration prospect. Eni on Monday said the new oil find contained between 230 and 300 million barrels of light oil in place.
Norwegian oil and gas industry safety watchdog has given its approval to Total to use the Scarabeo 8 rig for an exploration well in the Norwegian Sea.
BP Canada on Friday reported an unauthorized spill of synthetic-based drilling mud (SBM) from the West Aquarius drilling rig, offshore Canada.
