
London-listed oil company Bahamas Petroleum Company (BPC) has raised the cost estimates for the drilling operation of its Perseverance #1 off the Bahamas citing COVID-19 mitigation measures.

The number of active rigs in the U.S. remained unchanged over the course of last week, according to a weekly rig count report by Baker Hughes.

Maersk Drilling has received a Conditional Letter of Award from Total for the supply of two deepwater rigs for operations offshore Suriname.

Offshore drilling contractor Noble Holding Corporation has received approval from a bankruptcy court for its reorganization plan.

Seadrill has agreed on the suspension of payments with creditors related to leasing arrangements for three drilling rigs while trying to restructure debt.

Offshore drilling contractor Odfjell Drilling has firmed up contract awards with Equinor for drilling operations on two projects in Norway.

The number of offshore rigs in the U.S. dropped by one unit over the last week, according to the latest rig count report by Baker Hughes.

Seadrill has added approximately $52 million to its backlog following the end of 3Q and is looking to manage its rig count by recycling some of its rigs.

Noble Energy has changed its contract for a Maersk Drilling-owned drillship following a decision not to drill a well off Colombia this year.

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for two wells in the North Sea off Norway.

Equinor is ready to drill two wells in the North Sea offshore Norway following the receipt of approvals and permits from the Norwegian authorities.

Transocean has been awarded contract extensions for two of its drillships that have been working for Petrobras.

Offshore drilling contractor Vantage Drilling has secured drilling work for its jack-up rig in Indonesia and a drillship in India.

Stena Drilling’s Stena ICEMax drillship is preparing to set sail soon to the Bahamas to spud the Perseverance #1 well for the Bahamas Petroleum Company (BPC).