
Gears in the energy transition machine are constantly turning but not fast enough to meet the decarbonization targets that the UK has set, according to DNV.

Equinor has secured a drilling permit from the country’s authorities for an exploration well in the Barents Sea.

KCA Deutag has got its hands on a contract extension for the provision of offshore drilling and maintenance services on a platform in the Norwegian sector of the North Sea.

The UK government has found itself locked in a court fight with climate groups for the second time in under two years over its net zero plans.

The NSTA has held a workshop on platform electrification with 11 major operators on the UK Continental Shelf and ten technology suppliers.

The dust has not settled yet over the Labour Party’s proposals to extend the windfall tax on UK oil and gas producers,

Aker BP has received consent to use one of Noble Corporation’s jack-up rigs for exploration activities in the North Sea off Norway.

Equinor has received consent from the country’s offshore safety regulator to use one of the semi-submersible rigs owned by Odfjell Drilling.

This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.

Valaris has landed a batch of new contracts and extensions across multiple geographies for three floaters and six jack-ups in its rig fleet.

Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.

Eni has disclosed strong financial and operating results for 4Q and full year 2023 on the back of its natural gas and LNG portfolio.

Transocean has secured more work for three floaters in its rig fleet, enabling it to collect $326 million for assignments in Angola, the U.S. and Romania.

Noble Corporation has found more work for one of its jack-up rigs off the coast of the Netherlands, where the rig is currently carrying out drilling operations.