Neptune Energy has awarded Valaris, formerly known as EnscoRowan, a contract to provide a heavy-duty jack-up drilling rig for the Seagull development oil project in the UK North Sea.
The number of offshore rigs in the U.S. dropped to 24 units last week, according to weekly rig count reports released on Friday by Baker Hughes, a GE company.
Bahamas Petroleum Company has further cut the estimated cost of its upcoming exploration well in the Bahamas, as it is working to secure the cash needed for drilling.
Jacktel, a subsidiary of Master Marine, has agreed with Equinor that its accommodation rig Haven will be laid up at Johan Sverdrup field off Norway following the expiry of the firm contract on December 7, 2019.
Sapura Energy has secured three new contracts and two contract extensions worth approximately RM774 million ($185M).
Oil services company Archer has been awarded a contract with a North Sea operator for the provision of drilling services using the modular drilling rig Archer Topaz.
The Norwegian oil company OKEA has been given permission to drill its first operated wells offshore Norway.
A COSL-owned jack-up rig has been mobilized for Conrad Petroleum’s two-well campaign at the Duyung PSC in the West Natuna basin, offshore Indonesia.
CGX Energy has hired PGS to conduct a 3D seismic survey over its Corentyne Block offshore Guyana. CGX has also deferred all operational obligations under its drilling rig contract for the Ralph Coffman jack-up due to the re-sequencing of commitments in the Corentyne Block.
Offshore drilling contractor Transocean has canceled the orders with Samsung Heavy Industries for two Ocean Rig drillships under construction
Hurricane Energy has started drilling the third and final well in its Greater Warwick Area campaign located in the West of Shetland area off the UK.
Independent Oil and Gas (IOG) has confirmed that a settlement of its EUR 100 million ($109.7M) five-year senior secured bond took place on September 20.
Oil major BP has confirmed a ‘world-scale gas resource’ offshore Senegal after drilling the Yakaar-2 appraisal well, using the Valaris DS-12 drillship.
The number of offshore rigs in the U.S. dropped for a second week in a row, according to weekly rig count reports published on Friday by Baker Hughes.
