Offshore drilling contractor Valaris has executed a new term loan credit agreement, gaining access to additional liquidity as it is working through its Chapter 11 bankruptcy process.
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.
Offshore drilling contractor Stena Drilling has nominated a drillship to drill an exploration well offshore The Bahamas for Bahamas Petroleum Company (BPC).
Offshore drilling contractor Vantage Drilling has secured more work for two of its rigs operating in Indonesia and Qatar.
Offshore drilling contractor Stena Drilling has won a drilling contract with Spanish oil company Repsol for operations offshore Mexico.
Norwegian offshore safety regulator, the Petroleum Safety Authority (PSA), has completed its investigation of the incident on West Mira rig where the lower marine riser package (LMRP) was unintentionally disconnected.
Aker BP has awarded further work to the Odfjell Drilling-owned Deepsea Stavanger rig, scheduled to be done upon the rig’s return from a gig in South Africa with Total.
Offshore driller Odfjell Drilling has received a notice of early termination from oil major BP for the charter of the Deepsea Aberdeen rig but, concurrently, secured work for the rig with Wintershall Dea.
The number of active offshore rigs in the U.S. is down by one unit over the last week, according to a weekly rig count report by Baker Hughes Company.
Danish offshore drilling company Maersk Drilling has set a target of lowering the intensity of CO2 emissions from its drilling operations by 50 per cent by 2030.
Oil and gas company Wellesley Petroleum has drilled a dry well north of the Gjøa field offshore Norway.
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Equinor for a wildcat well located in the North Sea offshore Norway.
Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast.
Seadrill has entered into an agreement with some of its lenders for the suspension of debt payments while the company is working on restructuring its debt.
