
TotalEnergies has made a significant oil discovery with associated gas on the Venus prospect, located offshore southern Namibia.

Seadrill has emerged from Chapter 11, a little over a year after filing for it. This was its second bankruptcy in about four years.

Offshore drilling contractor Seadrill has revealed a timeline for its expected emergence from the Chapter 11 bankruptcy.

Valaris has secured new contracts for its rigs, however, over $400 million of backlog related to a drillship contract in the Gulf of Mexico now hangs in the balance.

ExxonMobil has started drilling an exploration well on the Cutthroat prospect, located in the Sergipe-Alagoas Basin off Brazil.

Offshore drilling contractor Odfjell Drilling will be taking over the management of a jack-up drilling rig from Seadrill.

TotalEnergies and APA Corporation have a significant new oil and associated gas discovery at in the Block 58, offshore Suriname.

IOG is experiencing a further delay in the start-up of its Saturn Banks Project – Phase 1 due to stormy weather conditions.

FAR and Petronas have completed a review of the prospectivity of blocks offshore The Gambia, opening additional exploration opportunities.

The number of offshore rigs in the U.S. took a steep downward plunge last week and went down by 4 units, based on Baker Hughes’ report.

UAE’s ADNOC has awarded framework agreements to four oilfield services providers valued at $1.94 billion to enable drilling growth.

Enauta has restarted production from the second well on the Atlanta field, located offshore Brazil, following a replacement of a seabed pump.

A drillship owned by Aquadrill, formerly known as Seadrill Partners, has caught fire while docked at a port in Sri Lanka.

Noble Corporation has secured more work for its rigs, including a conditional award for four drillships working for ExxonMobil in Guyana.