Shell has embarked on drilling operations at a high-impact gas prospect in the UK sector of the North Sea with a jack-up rig, owned by Valaris.
With two of the world’s top five floating rig contractors merging into one, the market consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in offshore rig supply and demand dynamics.
Transocean has landed multi-million contracts and extensions in the U.S. Gulf of Mexico, Norway, Australia, and Brazil for seven floaters, encompassing four drillships and three semi-submersible rigs.
In pursuit of further growth and diversification, Helmerich & Payne (H&P) has embarked on a business combination with KCA Deutag.
Shell is anticipating the arrival of Valaris’ heavy-duty jack-up rig, which is now on its way to the Southern North Sea to undertake drilling activities at a gas prospect on the UK Continental Shelf (UKCS).
Noble Corporation has won a new assignment for one of its jack-up rigs, enabling it to work off the coast of Poland for the first time.
Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.
Norway’s state-owned energy giant Equinor has received clearance from the Norwegian Offshore Directorate (NOD) to drill a wellbore in the Norwegian Sea using an Odfjell Drilling rig. The NOD has granted Equinor a drilling permit for wellbore 6610/7-3 in production license 1014, which was awarded on
TotalEnergies, has handed out a long-term deal to a jack-up rig owned by Shelf Drilling, an offshore drilling contractor.
Aker BP has received the all-clear from Norway’s authorities to use one of Odfjell Drilling’s semi-submersible rigs for operations in the North Sea.
Stena Drilling has sent a drillship to undertake a special periodic survey (SPS) at Astican in the port of Las Palmas de Gran Canaria, Spain.
Aker BP and Equinor have completed drilling operations in the Barents Sea, which was recently expanded with new acreage in APA 2024.
Vår Energi has made a new commercial oil and gas discovery in the North Sea, which contains estimated gross recoverable resources of 18-39 mmboe.
Transocean has set the wheels into motion to get rid of one of its stacked ultra-deepwater floaters to turn its attention to its core fleet assets.
