Borr Drilling has received consent from creditors for the extension of debt maturities and delivery instalments from 2023 to 2025.
Danish Maersk Drilling and Port Esbjerg have been working together to enable the supply of green power for offshore rigs to cut emissions.
Vantage has been put in charge of managing and marketing a semi-submersible rig owned by Aquadrill, formerly known as Seadrill Partners.
The latest analysis from Westwood has revealed a y-o-y growth for the global offshore rig market at the close of 2021.
Oil and gas company Neptune Energy has increased production from its operated Gjøa platform in the Norwegian North Sea.
U.S. oil and gas company Hess Corporation has returned to profit in the fourth quarter of 2021, driven by higher oil and gas prices
Equinor has received consent from Norway’s offshore regulator for exploration drilling in the Barents Sea, using one of Transocean’s rigs.
Hess Corporation has revealed that its Exploration & Production capital and exploratory budget for 2022 will amount to $2.6 billion.
IOG is considering potential solutions to resume drilling ops in the UK North Sea while a timeline is expected after seabed survey analysis.
SBM Offshore has sold a minority stake in Almirante Tamandaré, an FPSO which is currently under construction to two Japanese companies.
Malaysia’s Hibiscus Petroleum has completed the acquisition of Repsol’s E&P assets in Malaysia and Vietnam.
Chinese shipping and logistic services provider COSCO Shipping has added another giant heavy-lift vessel to its fleet.
Petrofac has secured a five-year contract extension for well management and well operator services with NEO Energy.
Offshore Helicopter Services UK Limited has secured a new contract with Well-Safe Solutions for operations off the UK.
