
Offshore drilling contractor Valaris is one step closer to emerging from the Chapter 11 process following an agreement with lenders.

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

Bahamas Petroleum Company has encountered hydrocarbons at its Perseverance #1 well off The Bahamas, but the volumes of oil encountered are not commercial.

Offshore drilling contractor Seadrill Limited has been forced to file Chapter 11 cases for several of its wholly-owned subsidiaries in Asia.

Maersk Drilling has secured a contract from Korea National Oil Corporation (KNOC) for the drillship Maersk Viking to drill offshore South Korea.

Energy Drilling Management has entered into a management agreement with Seadrill Partners to maintain, market and operate three of its tender rigs.

Equinor and partners have struck gas and oil in production licence 923, the first discovery this year made near the Troll field in the North Sea.

Maersk Drilling has secured an additional two-well contract for the low-emission rig Maersk Integrator with Aker BP in Norway.

Malaysia’s oilfield services provider Icon Offshore has won a contract award for the provision of a jack-up rig to Petrofac in Malaysia.

The Norwegian Petroleum Directorate (NPD) has granted Neptune Energy a drilling permit for an appraisal well offshore Norway.

Maersk Drilling has received a conditional letter of award from Tullow for the provision of the Maersk Venturer for drilling offshore Ghana.

Vantage Drilling has informed that its drillship Platinum Explorer has received a letter of award for a two-year contract from ONGC.

A Valaris-owned drillship has reportedly broken free from moorings at a port in Scotland prompting the need for a rescue operation.

A collaborative, green solution developed by COSL Drilling Europe, Kongsberg, and NOV is poised to generate savings in offshore drilling operations.