ExxonMobil has completed the drilling of the second exploration well in the Block 10 offshore Cyprus has made a gas discovery, the government said on Thursday.
Jack-up rig fleet owner Borr Drilling reported a net loss for the fourth quarter of 2018.
Offshore driller Ensco managed to take the edge off some of its quarterly loss but remained in the red ahead of its merger with Rowan.
Northern Drilling has won a contract for its harsh environment rig West Bollsta with Lundin Petroleum in Norway.
Rowan Companies sank to a loss in the fourth quarter of 2018 from a profit in the year-before period. The driller says it is cautiously optimistic when it comes to improvements in overall offshore rig demand.
Tamarind Resources has been granted consent for development drilling at the Tui field located offshore New Zealand. The company is now waiting for the arrival of a COSL Drilling-owned rig.
Offshore drilling contractor Seadrill is seeing continuous signs of improvement in offshore drilling market with increased tendering activity and better contract economics.
Noble Corporation’s recently bought Noble Johnny Whitstine jack-up rig has left Singapore to begin its new contract.
Sirius Petroleum is still waiting for Shelf Drilling’s jack-up rig to complete its prior engagements before heading to Ororo field offshore Nigeria to drill the Ororo-2 well.
Corallian Energy has encountered oil and gas shows at its Colter appraisal well offshore UK.
The number of offshore rigs in the U.S. dropped to 19 units last week, according to weekly rig count reports by Baker Hughes, a GE company.
Offshore drillers Rowan Companies and Ensco have informed that their respective shareholders voted to approve the pending all-stock merger transaction. Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.
Tullow’s undrilled Colibri prospect in the Walton-Moran license offshore Jamaica has been given a boost to Gross Unrisked Mean Oil Prospective Resources, following an independent Competent Person’s Report.
PSW Group has signed an agreement with Wergeland Holding AS to use Europe’s largest dry dock for drilling units.
