Lundin has completed the PDO development drilling program at its operated Edvard Grieg field on the Utsira High in the Norwegian North Sea.
Ezion and TSC Group have entered into a joint venture agreement with the aim to “to become the world’s largest owner and operator of Liftboats.”
Brazil’s Petrobras will challenge an arbitration decision administered by the International Centre for Dispute Resolution this week obliging the company to pay $622 million in damages to Vantage Drilling.
Wellesley Petroleum has made a minor oil discovery and drilled a dry appraisal well in the North Sea.
Equinor has received consent from the PSA to use the Deepsea Atlantic drilling rig on the Utgard field in the North Sea.
Brazil’s Petrobras will have to pay Vantage Drilling $622.02 million for drilling contract breach.
Tullow Oil is considering its options including an appeal following a court judgement ordering it to pay a fee to Seadrill over an early rig termination case.
The NPD has granted Lundin a drilling permit for an appraisal well in the Norwegian Sea offshore Norway.
Diamond Offshore Drilling has appointed Scott Kornblau as Senior Vice President and Chief Financial Officer.
According to a Friday report by Baker Hughes the number of offshore rigs in the U.S. increased to 19 units over last week.
Oslo-listed flotel provider Prosafe and China’s shipbuilder Cosco have further extended their standstill agreement related to delivery of two accommodation units while the third unit must be delivered before the end of next year.
Ultra-deepwater drilling specialist Ocean Rig is delaying the delivery of an 8th generation newbuilding drillship.
Oil company Tullow Oil and offshore driller Seadrill are expecting a judgement in an early rig contract termination case in Ghana.
Equinor has received consent from the Petroleum Safety Authority (PSA) to drill an exploration well in the North Sea.
