Offshore accommodation specialist Prosafe and oil major Total have agreed to delay Total’s 2020 North Sea campaign, which was supposed to use Prosafe’s Safe Caledonia flotel.
Saipem’s Scarabeo 9 semi-submersible offshore drilling rig has crossed the Bosphorus Strait for the fourth time in its history.
OMV has discovered hydrocarbons at an exploration well offshore New Zealand.
Borr Drilling has received notices of early termination for several of its drilling rig contracts, but it has also been awarded new contracts for its rigs.
Houston-based oil and gas company Vaalco Energy has completed workover operations on the South East Etame 2H well offshore Gabon.
Offshore construction yard Lamprell is implementing a program aimed at achieving a significant reduction in the group amid a global health crisis. As a result, Lamprell has mothballed one facility with plans to close another one upon completion of current projects.
Tender rig specialist Energy Drilling has completed the heavy lifting of the drilling equipment set at the Kerisi platform in the Natuna Sea.
Pacific Drilling has received notice from the New York Stock Exchange (NYSE) stating that the company does not currently satisfy the minimum share price standard for continued listing of the company’s common shares.
OMV has decided to postpone its drilling plans offshore New Zealand and Greenpeace is claiming a win, hoping this would mean the end of OMV’s drilling operations in the country.
The oil price war and the coronavirus pandemic are already taking their toll on the oil and gas services market, with offshore drilling contractors among the most affected segments. One of the major drillers, Noble Corporation, has seen its contracts shortened, rigs stacked and put on standby, and d
The number of offshore rigs in the U.S. has not changed for two weeks in a row now and is stuck at 18 units, according to a weekly rig count report by Baker Hughes.
The Covid-19 epidemic and the ongoing oil price war have ravaged global energy markets during the last two months, and offshore drilling, in particular, is among the most affected industry segments, according to energy intelligence firm Rystad Energy.
Prosafe, a provider of semi-submersible accommodation rigs, is in talks with operators related to potential contract changes for its units.
Offshore drilling contractor Seadrill Limited has been given a continued listing standard notice from the New York Stock Exchange.
