Northern Drilling is seeing an improvement in demand visibility for the harsh environment drilling rigs, which is supportive of continued recovery and further rate increase in the market.
Offshore drilling contractor Northern Drilling and South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) are in dispute over a canceled drillship order.
Oil major ConocoPhillips has received consent from the offshore safety body, the Petroleum Safety Authority (PSA), for production drilling on the Tor field using the West Linus drilling rig.
Equinor, Shell, and Total have begun drilling the 31/5-7 Eos wildcat well to investigate whether the reservoir in the deep Johansen Formation was suitable for storage of carbon dioxide (CO2) as part of the Northern Lights project.
i3 Energy has concluded its 2019 drilling program in the UK North Sea with all three wells drilled within budget. i3 will now prepare for a multi-well appraisal planned for the summer of 2020.
No significant hydrocarbon shows were encountered at Mubadala Petroleum’s first of three exploration wells at the G1/48 Manora oil field located in the Northern Gulf of Thailand.
The number of active offshore rigs in the U.S. remained unchanged at 22 units for the second week running, according to weekly rig count reports released on Wednesday by Baker Hughes.
Offshore drilling company Seadrill has won a contract for its West Carina drillship with Thai PTTEP.
Danish offshore drilling contractor Maersk Drilling has secured more work for a jack-up rig and a drillship offshore the UK and Africa, respectively.
Ghanaian oil and gas exploration company Springfield has said it has completed its maiden deepwater drilling campaign offshore Ghana which resulted in a recently announced significant oil discovery.
Samsung Heavy Industries paid millions of dollars to a Brazilian intermediary to secure a drillship sale contract
The Norwegian Petroleum Directorate (NPD) has given Equinor drilling permits for two wells in the North Sea.
Valaris has been awarded new contracts and extensions for its drilling rigs with an associated revenue backlog of $285 million. One of the jack-up rigs has secured a 21-well contract with ExxonMobil in the U.S. Gulf of Mexico.
The Norwegian Petroleum Directorate (NPD) has granted Wintershall Dea Norge, a Norwegian unit of the German oil company Wintershall Dea, a drilling permit for well 6604/6-1 in the Norwegian Sea.
