KrisEnergy has failed to find significant hydrocarbon shows in the Montha-1 exploration well in the reservation area of the G10/48 license in the Gulf of Thailand.
Danish offshore driller Maersk Drilling has been awarded a four-month extension for the Maersk Intrepid jack-up rig.
The Norwegian Petroleum Directorate (NPD) has granted Eni Norge a drilling permit for an appraisal well in the Barents Sea offshore Norway.
Borr Drilling, one of the youngest drilling companies in the offshore industry, on Tuesday said it had secured six drilling contracts in the past few months.
Fred. Olsen Energy (FOE) might be facing bankruptcy if no solution is found to its refinancing, which is being obstructed by one secured lender.
Equinor has made a gas discovery northwest of Atlantis gas discovery located in the Barents Sea offshore Norway.
The number of active offshore rigs in the U.S. increased by three units this past week, according to a report by Baker Hughes.
Rowan has transferred a contract from the Rowan Reliance to Rowan Resolute drillship, which means the former will not be returning from the warm-stack mode.
Jack-up drilling company Borr Drilling is seeing an increase in jack-up rig utilization, especially in the premium jack-up rig segment, mostly in the Middle East, West Africa, Mexico, and the North Sea.
Following a storm in Canada last week, which was believed to be one of the worst in the region since 1982, oil and gas operators are still assessing their offshore facilities for damage before resuming operations.
Faroe Petroleum has started drilling the Brasse East exploration well 31/7-3S in the Northern North Sea offshore Norway.
UK driller Ensco and its U.S. rival Rowan have announced the early termination of HSR waiting period related to a proposed merger of the two companies.
Lundin Norway has received consent for exploration drilling in the Barents Sea using the Leiv Eiriksson drilling rig.
Offshore drilling company Vantage Drilling has agreed to pay a settlement fee and resolve the SEC’s investigation into a potential bribery case related to a drillship deal with Petrobras.
