Oil company Tower Resources has signed a contract with Geoquip Marine Operations for a survey over its Thali block in Cameroon, ahead of the drilling operations start.
Borr Drilling has been awarded three new contracts and two extensions for its rig fleet, adding about $155 million to its backlog.
Brazilian oil company Petrobras has reportedly managed to sell the ultra-deepwater drillship after its first auction received no bids.
Floating rig contractor Transocean has won a contract for its 2001-built semi-submersible drilling rig
Offshore drilling contractor Noble Corporation is in discussions with Shell to receive payout of the Noble Bully II contract and to acquire Shell’s interest in the Bully joint ventures.
Maersk Drilling has entered into a contract with Serica Energy to drill a subsea development well in the North Sea
The ExxonMobil-operated Liza-1 development, located in the Stabroek Block offshore Guyana, is now expected to start production through the Liza Destiny FPSO in December 2019, which is earlier than expected.
BW Offshore has revised its development plan for the Ruche project, located in the Dussafu Marine license offshore Gabon, including the Hibiscus discovery.
Vaalco Energy has started drilling its first development well in the 2019/2020 drilling program offshore Gabon, which should add additional production in December. Vaalco started its 2019/2020 drilling campaign and spud the Etame 9P appraisal wellbore at the Etame field last September. The company i
Singapore’s offshore service rigs provider Ezion Holdings had entered into a conditional sale and purchase agreement for three jack-up rigs with TK and HR Services S.A. de C.V.
Oil and gas company OKEA has confirmed the presence of an oil column at the Draugen field well located offshore Norway.
Expenditure on decommissioning in the UK to be £15.3 billion in the next decade
Affected by impairments for three retired rigs, offshore drilling contractor Transocean more than doubled its losses in the third quarter of the year when compared to the last year’s 3Q.
Spirit Energy has raised production from its key North Sea gas field after a successful drilling campaign worth £68.5 million ($88 million).
