The international offshore rig count was up by 6 rigs sequentially but down by 7 year-over-year, according to April 2018 rig count reports released by Baker Hughes, a GE company, on Monday. Baker Hughes’ international rig count includes land and offshore rigs from Latin America, Europe, Africa, Midd
Mubadala Petroleum will drill two development wells as part of its Manora drilling campaign in the Gulf of Thailand, in addition to already planned exploration and appraisal wells.
According to a Friday report by Baker Hughes, the number of offshore rigs in the U.S. increased to 19 units over last week.
World’s largest offshore accommodation rig supplier Prosafe turned profitable in the first quarter of 2018, after posting a loss in the corresponding period of 2017.
Sirius Petroleum is awaiting clarification from COSL on timing for completion of mobilization of the rig set to drill the Ororo-2 well.
Noways’ anti-corruption agency Okokrim has closed an investigation into Sevan Drilling over the company’s drilling contracts won with Petrobras between 2005 and 2008.
Several breaches of the regulations have been identified the investigation has revealed
Offshore drilling company Noble Corp. is seeing improvement in the offshore rig market, with the jack-up rig market driving the demand uptick.
OOS Energy will join forces with WestGroup and create a new company named OOS Energy Platform Services.
Carnarvon has revealed plans for drilling of the first production well on its Buffalo redevelopment project in the Timor Sea.
CMHI and DNV GL have signed a LOI for the classification of two multi-activity jack-up units at the OTC in Houston.
U.S. offshore rig owner Rowan sees the market conditions improving in the shallow water drilling segment, especially in the Middle East and the North Sea. The driller on Tuesday posted a net loss of $112.3 million in the first quarter of 2018, compared to a net profit of $10.3 million in the first q
Danish offshore driller Maersk Drilling has secured three consecutive contracts for the Maersk Resolute and a contract extension for the Maersk Resolve jack-up rigs. Both rigs are operating in the Dutch sector of the North Sea.
Offshore driller Transocean posted a net loss of 212 million for the first quarter of 2018
