The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes.
Offshore drilling contractor Borr Drilling has received its second continued listing standard warning from the New York Stock Exchange (NYSE) in a span of three months.
Prosafe and oil major Shell have agreed to defer and amend the contract for the Safe Zephyrus to provide accommodation services in support of the Shearwater platform turnaround in the UK North Sea.
Offshore drilling contractor Dolphin Drilling has been awarded an $83 million worth contract with Mexican operator Pemex.
Stena Drilling has won two contracts, one for a semi-submersible rig and the other for a drillship in Ireland and Suriname, respectively.
Oil and gas company Neptune Energy has extended the contract for the Deepsea Yantai semi-submersible offshore drilling rig until late 2021.
Offshore drilling company Maersk Drilling has secured a 20-month extension for the Maersk Convincer jack-up rig with Brunei Shell Petroleum Company.
The U.S. offshore rig count has not changed for the second week in a row, according to a Friday report by Baker Hughes.
Borr Drilling booked a loss in the second quarter of the year as its revenues dropped, but the driller still sees early signs of recovery in the industry.
Oil and gas operators in the U.S. Gulf of Mexico are slowly returning to their offshore facilities following an evacuation due to Hurricane Laura.
French oil major Total has started drilling the Luiperd-1X well, the second exploration well on Block 11B/12B offshore South Africa.
Independent Oil and Gas (IOG) expects to award a contract for a drilling rig for its Core Project located in the Southern North Sea (SNS) “in the coming weeks”.
Odfjell Drilling is investing in Oceanwind AS with an aim to acquire a stake that would ensure a controlling position in the Norway-based floating wind company. According to the Norwegian offshore drilling contractor, the move will support it on a path to zero-emissions drilling through projects tha
Valaris has received a notice of immediate suspension of trading and delisting of common stock from the New York Stock Exchange (NYSE).
