Organization of the Petroleum Exporting Countries meets on Friday to decide output policy
Let the newbuilds come. The jackup market is far from oversupplied.
Eni has finalized a 10% stake sale in the Shorouk concession to Mubadala Petroleum, a subsidiary of Mubadala Investment Company.
Dubai-based shallow-water drilling Shelf Drilling is set to get listed on the Oslo stock exchange (Oslo Børs)
Rowan Companies has leased one of its jack-up drilling rigs to its joint venture with Saudi Aramco.
As part of its Saudi strategy, UAE-based Lamprell is looking to qualify as a contractor to undertake offshore engineering, procurement, construction and installation projects for the Saudi oil and gas giant, Saudi Aramco. In a statement on Monday Lamprell said that its investment into Saudi Arabia i
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ADES International has completed the acquisition of three offshore jack-up rigs in the Arabian Gulf from Nabors Industries.
Subsea 7 has been awarded a sizeable engineering, procurement, installation and commissioning contract offshore Egypt.
Offshore Driller Noble Corporation has sold its Noble David Tinsley jack-up rig.
The most popular news on Offshore Energy Today from the past week.
The international offshore rig count for May dropped by four units when compared to the same period last year.
Sirius Petroleum now expects to spud the Ororo-2 well in Nigeria “during the summer,” months after the originally anticipated April 2018 date. The delay was caused following rig delays by China’s drilling contractor COSL.
Marine and offshore engineering consultancy Aqualis Offshore has appointed a new country manager in Qatar.