The number of offshore rigs in the U.S. remained unchanged with 17 active units last week, according to weekly rig count reports released on Friday by Baker Hughes Company.
Maersk Drilling has decided to stack a number of its North Sea drilling rigs to adapt to the changing market environment.
Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down by impairments in the Offshore Drilling division.
Neptune Energy has drilled a dry well near the Heidrun field in the Norwegian Sea.
A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed for 2021.
Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas operators are looking to reduce costs.
Singapore’s offshore rig builder Keppel Offshore & Marine has delivered a newbuild jack-up rig, named Hild, to Borr Drilling.
Fugro has won an initial three-year contract with UK-based decommissioning service provider Well-Safe Solutions. Fugro will deliver its marine-based solution onboard the Well-Safe Guardian semi-submersible rig. The contract will see Fugro supplying and supporting remotely operated vehicle (ROV) serv
Another offshore drilling contractor, Valaris, has seen its share value fall below $1 as its operations and contracts are getting delayed or cancelled amid challenging market situation.
Two giant pipelay vessels owned by offshore contractor Allseas are now, for the first time ever, both in Rotterdam, the Netherlands.
Beach Energy has terminated a drilling contract with Diamond Offshore for the Ocean Onyx drilling rig.
The number of offshore rigs in the U.S. decreased by one unit over the last week, according to a weekly rig count report by Baker Hughes.
Danish offshore drilling contractor Maersk Drilling has received notices of termination for two drilling rig contracts.
Transocean has received a contract termination for a drillship operating in Egypt.
