The Norwegian Petroleum Directorate has granted Equinor a drilling permit for two wells located in the North Sea off Norway.
Wintershall Noordzee, a joint venture of Wintershall Dea and Gazprom, has started gas production from its second B2 production well at the Sillimanite field offshore the Netherlands.
There is a case to be made that the coronavirus crisis has been setting the stage for the restructuring of the offshore drilling market.
The Norwegian Petroleum Directorate has granted Neptune Energy a drilling permit for two wildcat wells in the North Sea off Norway.
Keppel has denied and rejected the termination of a rig construction contract by Awilco.
Awilco Drilling has decided to cancel a semi-submersible rig order with rig builder Keppel due to breaches under the construction contract.
The worldwide offshore rig count in May 2020 dropped 54 rigs year-over-year and 37 rigs sequentially, according to rig count reports by Baker Hughes.
Borr Drilling has postponed deliveries of five jack-up rigs until mid-2022.
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found several irregularities regarding the emergency preparedness on the Valaris-owned Valaris JU-292 rig, formerly known as the Rowan Norway.
COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil major.
Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), has found one improvement point regarding an application for the Acknowledgement of Compliance (AoC) for the West Bollsta drilling rig.
Prosafe has gained support to an extension to the forbearance arrangement with a majority of its lenders until the end of June while working to agree on a long-term financial solution.
Seadrill booked a huge loss in the first quarter of the year due to impairment charges amid a significant reduction in global oil demand.
Norwegian offshore safety body, the Petroleum Safety Authority (PSA), has given its consent to Neptune Energy for production drilling on the Gjøa field using the Deepsea Yantai semi-submersible drilling rig.
