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 Company.
Norwegian oil major Equinor has failed to find hydrocarbons after drilling a wildcat well in the Barents Sea offshore Norway.
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge a drilling permit for a wildcat well in the North Sea offshore Norway.
Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship.
What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?
Sapura Energy’s drilling subsidiary Sapura Drilling has sent one of its rigs on its way to Congo to start drilling work for French oil major Total.
Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets.
Borr Drilling is facing a very challenging financial situation amid a difficult market environment combined with payment delays from Pemex in Mexico.
Equinor has received consent from the offshore safety authority to drill an exploration well in the Barents Sea using the Transocean Enabler rig.
London-listed oil company Bahamas Petroleum Company (BPC) has raised the cost estimates for the drilling operation of its Perseverance #1 off the Bahamas citing COVID-19 mitigation measures.
The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.
Maersk Drilling has received a Conditional Letter of Award from Total for the supply of two deepwater rigs for operations offshore Suriname.
Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.
Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for three drilling rigs while trying to restructure debt.
