Quadrant Energy is waiting on sea conditions to improve to be able to drill the Dorado-1 well located offshore Australia using the Ensco 107 jack-up.
Faroe Petroleum has made a commitment to drill the Brasse East exploration well off Norway and awarded a rig contract to a Transocean semi-submersible.
Aqualis Offshore has been awarded a one-year rig inspection service agreement with Petronas Carigali (Turkmenistan) to conduct drilling rig integrity inspection services for its drilling programs.
New Age has started drilling the IM-6 appraisal well at the Etinde block offshore Cameroon using the Topaz Driller jack-up rig.
Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P company, has signed a Letter of Intent (LOI) with Transocean.
The NPD has granted Aker BP a drilling permit for two appraisal wells in the North Sea offshore Norway.
Malaysian offshore drilling and services provider UMW Oil & Gas is changing its name to Velesto Energy, starting Monday 21, 2018.
Offshore oil and gas exploration firm Azinam focused on Namibia is preparing for a multi-well drilling campaign over the next two years.
The number of active offshore rigs in the U.S. fell to 19 active units this past week, according to weekly rig count reports released on Friday by Baker Hughes.
Prosafe has postponed the delivery of three newbuild rigs from a Chinese shipyard.
Awilco Drilling has signed a contract with Shell UK Limited for the provision of WilPhoenix rig for a decommissioning program of 18 firm wells plus options totaling a further eight wells.
Mexican oil company Pemex is on the lookout for a drilling rig which it will use to test the size of the Zama discovery made by the U.S. operator Talos offshore Mexico in late 2017.
Danish maritime industry giant A.P. Moller Maersk is still aiming to sell its offshore drilling and offshore supply vessel businesses by the end of 2018, despite recent reports claiming the drilling business sale might spill over into 2019.
Borr raises $350 million in a matter of minutes as it takes a new bite out of the distressed asset fleet.
