Prosafe has filed a counter-appeal against Westcon in the TSV Safe Scandinavia conversion court case.
Offshore drilling contractor Ocean Rig is selling its only two semi-submersible drilling rigs to its subsidiary.
Semco Maritime has been chosen to prepare an accommodation rig for a new assignment for Maersk Oil in the UK sector.
Offshore driller Ocean Rig has signed a master service agreement with ConocoPhillips Skandinavia for a term of three years plus two optional years.
Mubadala Petroleum has encountered oil shows in its Manora exploration well and is now getting ready to drill a sidetrack well and two development wells.
The U.S. offshore rig count remained unchanged last week, according to a Friday report by Baker Hughes, a GE company.
The need for consolidation among offshore rig owners is just as dire as it’s ever been.
Norway’s Petroleum Safety Authority has given Wellesley Petroleum its consent to drill an exploration well in the North Sea, using the Transocean Arctic drilling rig.
Odfjell Drilling has signed a firm contract for its Deepsea Atlantic semi-submersible drilling rig with Equinor – formerly Statoil.
Norwegian offshore drilling specialist Odfjell Drilling sees a better future for the offshore drilling space
Repsol signed a $6.4 million deal to hire the drillship for the Aruba well in March this year
ADES International, a provider of offshore and onshore oil and gas drilling and production services, has secured a new loan from a Saudi bank to finance the acquisition of three jack-ups from Nabors.
Offshore driller Pacific Drilling reported a loss of $96.1 million for the first-quarter of 2018, compared to a net loss of $99.8 million a year ago, and a loss of $129.7 million in the fourth quarter of 2017.
Cost estimates for two Corallian Energy-operated wells located off the UK have gone up due to increased oil price, affecting rig fuel costs. Corallian has been preparing to drill the Colter and Wick wells and has recently entered into a letter of intent with Ensco for the provision of a jack-up dril
