Seadrill has entered into an agreement with some of its lenders for the suspension of debt payments while the company is working on restructuring its debt.
Norway’s safety watchdog, the Petroleum Safety Authority (PSA), has given Equinor consent to use Askeladd Phase 1 facilities on the Snøhvit field in the Barents Sea offshore Norway.
Turkey is bringing in another drillship for operations in the Black Sea only weeks after announcing a giant gas discovery in the area.
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to Neptune Energy for well 6406/12-G-1 H located in the Norwegian Sea.
Offshore drilling contractor Shelf Drilling has terminated a bareboat charter agreement with China Merchants for two jack-up drilling rigs.
Well-Safe Solutions has acquired the West Epsilon jack-up rig from Seadrill sparking another job boost for the company. Namely, this move will create around 100 new jobs.
Offshore drilling contractor Noble Corp. has won more work for some of its drilling rigs but has also seen its day rates slashed.
Noble Corporation has been awarded a contract by Equinor for drilling three wells at the Valemon field from the summer of 2021, using the Noble Lloyd Noble drilling rig.
Oil and gas company Neptune Energy has started drilling the Bue well on the offshore Fenja field in the Norwegian Sea.
Equinor has decided to drill new wells on its operated Martin Linge field, located offshore Norway, due to barrier deficiencies discovered in previous wells.
The worldwide offshore rig count in August 2020 dropped by 74 rigs year-over-year but is up 3 rigs sequentially, according to a report by Baker Hughes.
Offshore drilling contractor Borr Drilling has received its second continued listing standard warning from the New York Stock Exchange (NYSE) in a span of three months.
Prosafe and oil major Shell have agreed to defer and amend the contract for the Safe Zephyrus to provide accommodation services in support of the Shearwater platform turnaround in the UK North Sea.
Stena Drilling has won two contracts, one for a semi-submersible rig and the other for a drillship in Ireland and Suriname, respectively.
