
OKEA, Petoro, and Neptune Energy Norge have made the decision to develop the Hasselmus gas discovery as a subsea tie-back to Draugen.

Malaysian rig owner Velesto Energy is progressing on the insurance claims and it has issued a notice of abandonment for its NAGA 7 rig, which tilted and submerged off Malaysia in May 2021. On 3 May 2021, an incident involving Velesto NAGA 7 drilling rig occurred due to the penetration of one of its

Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity.

Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Norwegian Sea, offshore Norway.

The number of offshore rigs in the U.S. remained steady last week but was up two units year over year, according to a Friday report by Baker Hughes.

Seadrill Limited’s chairman will be stepping down from the board with immediate effect, having been chairman since 2019.

Northern Drilling has no rigs in operation but it does have two new 7th generation ultra-deepwater drillships whose fate is still uncertain.

The Norwegian Petroleum Directorate has granted Aker BP and Equinor drilling permits for their wells in the Barents Sea and the Norwegian Sea.

Maersk Drilling has made plans to sell one of its jack-up rigs to Havila, which will, in turn, lease and later sell the rig to the Yme field partners.

Dolphin Drilling has secured Energy Management System ISO 50001:2018 certification following an audit by DNV.

Offshore drilling contractor Seadrill Limited has elected a new CFO and a new COO as well as a new director to its board.

Equinor has exercised an option to add well intervention work at the Martin Linge to the previously agreed work scope for Maersk Intrepid.

Maersk Drilling is getting rid of two jack-up drilling rigs in addition to securing a new job for another one of its jack-ups.

The number of offshore rigs in the U.S. increased by two units over the last week, according to a Friday report by Baker Hughes.