The number of active offshore rigs in the U.S. remained stuck at 17 for the second week in a row, according to weekly rig count reports by Baker Hughes.
Awilco Drilling has lost an appeal over a £6.8 million tax bill, arising from the termination of a drilling contract for one of its rigs.
Malaysia’s Sapura Energy has secured new contracts and extensions in Malaysia and Thailand with a combined value of $284.2 million.
Offshore drilling contractor Borr Drilling has received a letter of award from an international oil company for additional work in Mexico.
Transocean has secured new contracts for five drillships and four semi-submersible rigs but also received a termination for one of the rigs.
Rival offshore drilling contractors are reportedly looking to buy the assets of bankrupt Seadrill Limited, controlled by John Fredriksen.
Aquadrill Offshore, formerly known as Seadrill Partners, has lost in arbitration against BP related to claims for breach of a contract.
Borr Drilling’s Prospector-1 jack-up drilling rig has arrived at Kistos’ Q10-A field in the Dutch North Sea and started the company’s 2021 drilling campaign.
Oil and gas company Aker BP has made a minor gas discovery south of the Korpfjell gas discovery in the Barents Sea, the Norwegian Petroleum Authority (NPD) said.
UK gas company IOG plc has achieved successful flow test results at its Elgood development well in the UK North Sea. However, the company has experienced mechanical challenges during drilling operations, which resulted in an extended duration. As a result, the first gas from IOG’s Core project has b
The number of offshore rigs in the U.S. remained unchanged last week, according to weekly rig count reports by Baker Hughes.
An offshore drilling contractor previously known as Seadrill Partners has secured a contract with Equinor for operations in the U.S. Gulf of Mexico.
Brazilian oil and gas company PetroRio has concluded the tieback between the Polvo and Tubarão Martelo fields, making it the first independent company to create a private cluster of mature fields in the Campos Basin region.
Australia’s Woodside plans to begin the drilling campaign for the Sangomar Field Development Phase 1 offshore Senegal this week.
