UK-based offshore driller Ensco has won a new contract for one of its ultra-deepwater drillships.
Italian oil company Eni, French Total, and Algerian state-owned Sonatrach have signed two agreements which include an exclusive partnership for offshore exploration in Algeria in a virtually unexplored geological province.
Eni has reportedly chartered Saipem’s drillship ‘Saipem 12000″ for work in Pakistan for an undisclosed dayrate.
Wellesley Petroleum has successfully appraised the Grosbeak discovery in the Northern North Sea
Equinor has made an oil discovery in production license 532 located on the Johan Castberg field in the Barents Sea offshore Norway.
Claxton has been contracted to support MOL Norge on its first well program on the Norwegian Continental Shelf.
Brazilian oil company Petrobras has started drilling at the Peroba block in the pre-salt layer of the Santos Basin.
The number of active offshore rigs in the U.S. decreased by one unit this past week, according to a Friday report by Baker Hughes, a GE company.
Offshore rig and platform builder Sembcorp Marine posted a net loss in the third quarter of 2018 citing persisting ebb in business volume.
Fred Olsen. Energy has decided to scrap two of its drilling rigs, one semi-submersible and one drillship.
The current fundamentals in the market aren’t driving values; buyers are.
Eni’s Nigerian subsidiary Agip Exploration has chartered Pacific Drilling’s Pacific Bora drillship for drilling operations offshore Nigeria.
FAR Limited has started drilling the Samo-1 exploration well in block A2, offshore The Gambia.
Maersk Drilling has been awarded a one-well extension with Petrogas for its Maersk Resolute jack-up rig.