Offshore drilling contractor Borr Drilling has entered into a new financing arrangement for the newbuild jack-up rig Tivar.
Australia’s Karoon Gas has failed to find oil in the Marina‐1 exploration well, located in Block Z‐38 Tumbes Basin offshore Peru.
Oil and gas company Byron Energy has hit pay in the South Marsh Island Block 71 F4 well in the Gulf of Mexico.
The number of active offshore rigs in the U.S. remained unchanged at 23 units last week, according to weekly rig count reports released on Friday by Baker Hughes Company.
Offshore drilling contractor Valaris, formerly known as EnscoRowan, has been awarded a new batch of contracts and extensions with Eni, BP, Premier Oil, Kosmos, Walter Oil & Gas, and an undisclosed operator in Australia.
Well-Safe Solutions has awarded a “significant work scope” to Schlumberger for the provision of plug and abandonment well services in the North Sea.
Prosafe and Floatel have decided to abandon their merger plans amid financial uncertainty and regulatory objections.
Pacific Drilling has filed an application with the High Court in London for leave to appeal the decision issued in arbitration proceedings with Samsung Heavy Industries (SHI) regarding the construction contract of the Pacific Zonda drillship.
Noble Corporation and ExxonMobil have announced the execution of a unique commercial enabling agreement for drilling services in the Guyana-Suriname Basin.
ConocoPhillips has concluded the drilling of a wildcat well near the Balder field in the North Sea, offshore Norway. The well is dry.
Preliminary results from the shallower sections of Karoon’s Marina exploration well, located offshore Peru, have shown disappointing results, but the work goes on to reach the deeper primary targets.
Offshore telecommunication services provider RigNet has signed a long-term agreement with offshore driller Northern Offshore to provide various services to its fleet of rigs in the Middle East.
Diamond Offshore has been awarded a contract extension for one of its semi-submersible rigs. During the fourth quarter of 2019, Diamond managed to narrow its loss.
Brazilian drilling contractor Constellation has secured a drilling contract with the country’s oil and gas company Petrobras.
