Swedish oil and gas company Lundin has not been able to find any hydrocarbons at the Polmak well exploration well in the Barents Sea offshore Norway.
Shelf Drilling is selling five of its stacked drilling rigs. The rig owner has also won a couple of new gigs while some contracts have been suspended.
Norwegian oil and gas company Aker BP has made a minor gas and oil discovery in the Norwegian Sea.
Oil major ConocoPhillips has made a gas discovery southwest of the Skarv field in the Norwegian Sea.
Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with the Tuna-1 (Danube-1) well.
Oil major Shell has reaffirmed its commitment to drill an exploration well on the Pensacola gas prospect in the UK North Sea.
Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.
Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.
Transocean booked a profit in the third quarter of 2020 backed by a gain on restructuring and retirement of debt, offset by a loss on disposal of assets.
Independent Oil and Gas (IOG) has awarded a rig contract for its Core Project Phase 1 located in the UK North Sea to a Noble Corporation-owned jack-up rig.
Offshore drilling contractor Dolphin Drilling has secured a new combined contract with Norwegian oil and gas operator DNO Norge.
Norwegian oil major Equinor has made a minor gas discovery near the Maria field in the Norwegian Sea.
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Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.
