Karoon has exercised an option to add two wells at the Patola field offshore Brazil to the work scope of a Maersk Drilling-owned rig.
Australia’s Karoon has taken the Final Investment Decision to proceed with the development of the Patola project located offshore Brazil.
Offshore drilling contractor Valaris is still on a hot streak as it secured another contract extension, this time with Norwegian oil major Equinor.
The Norwegian Petroleum Directorate (NPD) has granted OMV a drilling permit for a well in the North Sea offshore Norway.
Offshore drilling contractor Valaris has been awarded a one-well contract for a drillship with Total offshore Ivory Coast.
Oil and gas giant Equinor has concluded the drilling of a wildcat well in the Barents Sea, but the well is dry.
OKEA, Petoro, and Neptune Energy Norge have made the decision to develop the Hasselmus gas discovery as a subsea tie-back to Draugen.
Malaysian rig owner Velesto Energy is progressing on the insurance claims and it has issued a notice of abandonment for its NAGA 7 rig, which tilted and submerged off Malaysia in May 2021. On 3 May 2021, an incident involving Velesto NAGA 7 drilling rig occurred due to the penetration of one of its
Borr Drilling is optimistic and encouraged by signs of shallow water rig market recovery amid strong tendering and contracting activity.
Norwegian oil major Equinor has been given a drilling permit to drill a new wildcat well in the Norwegian Sea, offshore Norway.
The number of offshore rigs in the U.S. remained steady last week but was up two units year over year, according to a Friday report by Baker Hughes.
Seadrill Limited’s chairman will be stepping down from the board with immediate effect, having been chairman since 2019.
Northern Drilling has no rigs in operation but it does have two new 7th generation ultra-deepwater drillships whose fate is still uncertain.
The Norwegian Petroleum Directorate has granted Aker BP and Equinor drilling permits for their wells in the Barents Sea and the Norwegian Sea.
