Law firm Pomerantz has filed a class action lawsuit against offshore drilling firm Valaris alleging the drilling firm has misled investors.
Premier Oil has chartered a Vroon Offshore supply vessel to support its offshore drilling operations in the UK Sector of the North Sea.
The number of offshore rigs in the U.S. rose to 28 units over the last week, according to a Friday report by Baker Hughes, a GE company.
Maersk Drilling continues to expect improvements in utilization and day rates longer term
Following a recent oil discovery at the Jethro well, offshore Guyana, oil firm Tullow is set to spud the second well, Joe-1, within days.
Offshore oilfield contractor Gulf Marine Services’ (GMS) chief executive officer Duncan Anderson has resigned as the company now expects lower 2019 earnings compared to 2018.
Equinor has received a drilling permit for an offshore exploration well to be drilled in the North Sea.
Ex-Schlumberger CEO to become Borr Drilling chairman
i3 Energy has started drilling a pilot well at its Liberator field in the UK North Sea using the Borgland Dolphin semi-submersible drilling rig.
Mubadala Petroleum has completed a three-well development drilling program at its Manora field in the Gulf of Thailand.
The rig would arrive from its current working location in the nearby Gulf of Mexico.
Offshore drilling contractor Seadrill posted a net loss of $206 million in the second quarter of 2019, compared to a net loss of $432 million in the second quarter of 2018.
Equinor has made an oil discovery at the Sputnik prospect in the Barents Sea offshore Norway.
Oslo-listed offshore supply vessel owner DOF has won work for two AHTS contracts to support OMV’s drilling operations in New Zealand.
