
Shelf Drilling has revealed a mixed bag of results for its jack-up rig fleet with several of its rigs starting new contracts, some getting extensions, and some terminations.

Oil major ExxonMobil has failed to find commercial hydrocarbons at the Bulletwood-1 wildcat well in the Canje block located offshore Guyana.

Valaris has obtained court approval for its Chapter 11 plan of reorganization and agreed with a shipyard to delay the delivery of two drillships.

Santos has hired the Noble Corporation-owned Noble Tom Prosser jack-up drilling rig to drill two exploration wells offshore Australia.

Lundin Energy and Odfjell Drilling have now signed a contract for the Deepsea Stavanger rig following a letter of intent from January 2021.

The number of active offshore rigs in the U.S. is up by one unit over the last week, according to a weekly rig count report by Baker Hughes.

Neptune Energy and its partners in the Dugong licence have started drilling on the Dugong appraisal well, located in the Norwegian sector of the North Sea.

Norwegian offshore safety watchdog has given DNO Norge consent for the use of the Borgland Dolphin rig for a permanent plugging of wells offshore Norway.

Borr Drilling has won a new contract and signed four letters of intent and one letter of award for its fleet of jack-up drilling rigs.

Offshore drilling contractor Shelf Drilling has completed the previously announced sale of a jack-up rig to ADNOC Drilling.

Offshore drilling contractor Transocean has secured more work for a drillship in the Gulf of Mexico and for a semi-submersible in Myanmar.

Oil and gas company Masirah Oil has spudded the Zakhera 1 well, located offshore Oman, using the Shelf Drilling-owned Tenacious jack-up rig.

Transocean sank to a net loss in the last quarter of 2020 compared to the prior quarter but managed to reduce its losses in the y-o-y comparison.

Oil and gas company Masirah Oil has started production from the third development well drilled in the Yumna field located in Block 50 offshore Oman.