Global demand for offshore helicopter transport to offshore facilities plunged in 2020 as a result of the Covid-19 pandemic, a Rystad Energy report shows.
Norwegian oil major Equinor has drilled a dry well near the Tordis field in the North Sea offshore Norway.
Mubadala Petroleum has completed the acquisition of additional interest in its operated G1/48 Concession in the Gulf of Thailand, which includes the Manora field.
Austrian oil and gas company OMV has hired a Maersk Drilling jack-up drilling rig to drill an exploration well offshore Norway.
Singapore-based offshore drilling rig builder Keppel has terminated a construction contract with Awilco Drilling for the Nordic Spring semi-submersible drilling rig and served Awilco with a notice of arbitration.
The number of active offshore rigs in the U.S. is up by one unit over the last week, according to a weekly rig count report by Baker Hughes Company.
Norwegian oil major Equinor has failed to find hydrocarbons after drilling a wildcat well in the Barents Sea offshore Norway.
The Norwegian Petroleum Directorate (NPD) has granted MOL Norge a drilling permit for a wildcat well in the North Sea offshore Norway.
Oil major BP has begun drilling on the Platina field in Block 18 offshore Angola using Valaris’ DS-12 drillship.
What will become of oil and gas exploration efforts in the near- and longer-term following a drastic decrease in the level of oil and gas investments?
Sapura Energy’s drilling subsidiary Sapura Drilling has sent one of its rigs on its way to Congo to start drilling work for French oil major Total.
Offshore drilling contractor Seadrill Partners has filed voluntary petitions under Chapter 11 of the Bankruptcy Code to preserve value and to continue the operation and marketing its assets.
Borr Drilling is facing a very challenging financial situation amid a difficult market environment combined with payment delays from Pemex in Mexico.
Equinor has received consent from the offshore safety authority to drill an exploration well in the Barents Sea using the Transocean Enabler rig.
