Offshore driller Borr Drilling has won a contract for its C20051 jack-up drilling rig.
Malaysia’s SapuraEnergy, both an oil company and an offshore services provider, is looking to raise 4 billion Malaysian ringgit through a rights issue. It is also thinking of listing E&P business and find a partner for its drilling business.
Rolls-Royce has signed a contract to deliver five engines and four large UUC thrusters for an Awilco Drilling newbuild rig.
Employment in the UK offshore oil and gas sector fell 14% in 2017, to around 280.000, Oil & Gas UK said in its workforce report on Thursday. The report, however, notes a slight increase in offshore jobs for 2018.
The NPD has granted DEA Norge AS a drilling permit for a wildcat well in the Barents Sea offshore Norway.
iSURVEY has completed a first-ever remote rig positioning project for Shell’s Norwegian subsidiary.
Siccar Point Energy has successfully concluded well testing operations on the 204/10a-5 appraisal well in the Cambo field, north-west of Shetland.
Things are looking up for the offshore accommodation rig industry if the world’s largest flotel rig owner is to be believed.
Kongsberg Maritime has been selected to deliver systems valued at $18 million to a new Awilco drilling rig.
Norwegian oil firm Equinor has awarded 4Subsea a 3-year Master Service Agreement for processing of Blowout Preventer measurement data streamed from Equinor’s offshore drilling rigs operating on subsea wells.
Offshore drilling company Seadrill Partners’ second-quarter revenues rose, boosted by a rig litigation win.
FAR Limited has selected its final well location for the upcoming Samo-1 well in its Gambian exploration program.
The company expects a smooth plan confirmation process and a quick emergence from its Chapter 11 proceedings,
Equinor has exercised the second of six one-month options to extend the charter of the Safe Boreas accommodation rig.
