Oil major ExxonMobil has started drilling at the Bulletwood-1 well site on the Canje Block located offshore Guyana.
Swedish oil company Lundin Energy has been given a drilling permit to drill the 16/4-13 S well in the North Sea, offshore Norway.
Tanjung Offshore Services has won a contract from Petronas Carigali for the Bayan Redevelopment Project Gas Phase 2 in Sarawak, Malaysia.
Repsol has moved into the hook-up phase of the Yme development project located offshore Norway following the installation of a jack-up rig on the field.
The number of offshore rigs in the U.S. remained unchanged over this week, according to a weekly rig count by Baker Hughes.
Offshore driller Awilco Drilling has terminated its offshore rig construction order with Singapore’s Keppel due to a “breach of contract“ and is seeking a refund.
After the completion of the drilling operations, one of BP’s more important wells in 2020 – the Ironbark-1 well offshore Australia – has not encountered a significant amount of hydrocarbons.
Offshore drilling contractor Borr Drilling has named a new chief financial officer (CFO), with effect from 28 December 2020.
BP is only about 460 meters shy of its primary reservoir target at the giant Ironbark prospect located offshore Australia.
Borr Drilling has come up with a liquidity improvement plan with the support of creditors as part of its efforts to strengthen its financial footing.
The number of offshore rigs in the U.S. increased by one unit over this week, according to a weekly rig count by Baker Hughes.
Norwegian Supreme Court has ruled against environmental groups and in favour of the government following a lawsuit claiming the government violated the people’s right to a healthy environment by issuing new exploration licences for Arctic drilling.
Pacific Drilling expects to emerge from Chapter 11 bankruptcy by year-end following the confirmation of its prearranged plan of reorganization.
PetroRio has bought a semi-submersible drilling rig for a symbolic price of $1. The rig will be used for well interventions and completions.
