Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.
Odfjell Drilling is seeing an increase in demand for offshore rigs with average utilisation of 97.1 per cent for its own fleet.
UK-based offshore drilling contractor Awilco Drilling has decided to transfer from the Oslo Stock Exchange to Euronext Growth Oslo.
UK-headquartered energy giant Shell has kicked off drilling operations on a gas prospect in the North Sea, using a Noble-owned rig.
Trillion Energy has revealed the flow test results for the second well in its drilling campaign on a gas field in the Black Sea off Türkiye.
Transocean has set the wheels into motion to acquire an interest in a newbuild drillship, after entering into a new joint venture.
Neptune Energy has encountered hydrocarbons during the drilling of an exploration well located in the Norwegian Sea.
Westwood has found that Norway leads the way in the adoption of emission-reducing modifications for offshore rigs.
Trillion Energy is anticipating the restart of production from the second well in its 2022 – 2023 drilling programme this week.
Norway’s safety regulator is investigating an incident involving “serious personal injury” on a jack-up rig, working in the North Sea.
Northern Lights has confirmed the storage capacity of at least 5 million tonnes of CO2 per annum in the North Sea licence off Norway.
Aker BP has secured two types of permits from Norwegian authorities for drilling operations in the North Sea off Norway.
The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for a wildcat well in the North Sea offshore Norway.
Northern Ocean’s Deepsea Bollsta semi-submersible drilling rig is on its way to Namibia where it will work for the oil major Shell.
