The UK Oil & Gas Authority (OGA) has approved IOG’s field development plan for the Core Project Phase 1 located in the UK North Sea.
Transocean recorded a wider loss in the first quarter of 2020 when compared to the same period last year due to impairments on assets.
Maersk Drilling has been awarded a contract by Equinor for the drilling of three and plugging of one well on the Martin Linge field offshore Norway.
Valaris booked $3 billion loss in the first quarter of the year affected by impairments and fleet utilization decline.
Norwegian oil and gas company Equinor has drilled a dry well near the Oseberg field in the North Sea off Norway.
Oil and gas company Spirit Energy has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Barents Sea using the Leiv Eiriksson drilling rig.
Equinor has extended the charter for a Floatel International-owned accommodation rig for operations on a field offshore Norway.
Neptune Energy has kicked off its Fenja drilling campaign, located offshore Norway, following the spud of the first well.
Dolphin Drilling will carry out a programme of North Sea drilling work for Wellesley Petroleum.
Maersk Drilling has decided to stack a number of its North Sea drilling rigs to adapt to the changing market environment.
Italian oilfield contractor Saipem sank into the red in the first quarter of the year dragged down by impairments in the Offshore Drilling division.
Neptune Energy has drilled a dry well near the Heidrun field in the Norwegian Sea.
A charter for a Floatel International-owned flotel with Ineos in the UK North Sea has been postponed for 2021.
Valaris has seen a number of its drilling contracts terminated and day rates slashed as oil and gas operators are looking to reduce costs.
