Transocean and Ocean Rig have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig.
Oil company Tullow Oil has started drilling the Cormorant-1 well located in PEL 37 offshore Namibia.
Ocean Rig-owned drillship Poseidon has reached the drilling site of Cormorant-1 well located in PEL 37 license offshore Namibia, which is operated by Tullow Oil.
Spirit Energy has farmed into 50% of Hurricane Energy’s Lincoln and Warwick licenses offshore UK.
Oil and gas company New Age has spud the IE-4 appraisal well at the Etinde block offshore Cameroon.
Norwegian offshore safety body has found improvement points during an audit of MOL Norge’s first drilling operation on the NCS.
The weekly U.S. offshore rig count remained unchanged this past week, Baker Hughes said in a report on Friday.
MOL has received consent from the PSA for exploration drilling in the North Sea using the Rowan Viking drilling rig.
BW Energy has made an oil discovery in the Ruche North East Marin-1 (DRNEM-1) well drilled in the Dussafu Marin PSC, offshore Gabon.
ExxonMobil has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development.
Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jack-up rig Maersk Reacher in the Norwegian part of the North Sea.
Noble Corporation has contracted Kongsberg Maritime to deliver a real-time monitoring solution for the Noble Tom Madden drillship.
Many investors not only want to know the fair market value of an asset, but they also take into account projected future cash flows
Odfjell Drilling has accepted an offer from bank lenders for a $325 million senior secured term loan facility to finance the acquisition of the former Stena-owned Deepsea Nordkapp drilling rig.
