The board of directors of Saipem has approved a rescue plan to strengthen the company’s financial and capital structure.
Following its exit from Chapter 11 bankruptcy last month, Seadrill has appointed a new President and Chief Executive Officer.
Offshore drilling contractor Diamond Offshore has revealed it will be returning to the New York Stock Exchange after nearly two years.
After firming up a rig slot, Empyrean is looking forward to drilling the Jade prospect well, located in Block 29/11 off China, in a few days.
Santos has revealed that the Pavo-1 exploration well has confirmed a significant oil discovery 46 kilometres east of the Dorado field.
Equinor has decided to exercise its option for additional wells in Norway to be drilled by the Odfjell Drilling-owned Deepsea Stavanger rig.
ExxonMobil has completed drilling operations on its Glaucus-2 appraisal well off Cyprus, confirming the presence of high-quality gas.
Neptune Energy and its partners have encountered hydrocarbons at the Hamlet exploration well in the Norwegian sector of the North Sea.
After slipping down to 11 units, the number of offshore rigs in the U.S. went back up to 12 units last week, based on rig count report.
UK-based offshore drilling contractor Stena Drilling is preparing for the latest addition to its fleet of drilling rigs, the Stena Evolution.
Noble Corporation and Maersk Drilling are setting up a management team to run the new company following their merger completion.
Italian oilfield services contractor Saipem has been awarded a contract by Aker BP for a drilling campaign offshore Norway.
Equinor has secured a permit from the country’s authorities for the drilling of another wildcat well, located in the North Sea off Norway.
Danish offshore rig owner Maersk Drilling has been awarded a five-month contract in the UK sector of the North Sea.
