
The number of active offshore rigs in the U.S. dropped by one unit last week, according to data by Baker Hughes.

Offshore drilling contractor Noble Corporation has decided to sell five of its cold-stacked drilling rigs.

Turkey has begun drilling a second borehole on the Sakarya natural gas field in the Black Sea where it made its largest-ever discovery earlier this year with the Tuna-1 (Danube-1) well.

Japanese offshore drilling contractor Japan Drilling Company (JDC) has been awarded a new drilling contract by Pertamina for operations offshore Indonesia.

Oil major Shell has reaffirmed its commitment to drill an exploration well on the Pensacola gas prospect in the UK North Sea.

Maersk Drilling has secured a contract from Petrogas in the Dutch North Sea for the harsh environment jack-up rig Maersk Resilient but it has also received a cancellation for a UK North Sea job.

Prosafe has managed to reduce its quarterly loss despite lower revenues due to lower fleet utilisation and average day rates.

Trading of Pacific Drilling’s shares on the NYSE has been suspended and the contractor is facing delisting following its Chapter 11 filing last week.

Oil and gas operators in the U.S. Gulf of Mexico are returning to their offshore facilities following Hurricane Zeta, which at its highest point closed up to 85 per cent of oil and 58 per cent of gas production from the Gulf.

Transocean booked a profit in the third quarter of 2020 backed by a gain on restructuring and retirement of debt, offset by a loss on disposal of assets.

Independent Oil and Gas (IOG) has awarded a rig contract for its Core Project Phase 1 located in the UK North Sea to a Noble Corporation-owned jack-up rig.

Offshore drilling contractor Dolphin Drilling has secured a new combined contract with Norwegian oil and gas operator DNO Norge.

UAE-based offshore oil rig builder Lamprell has been awarded a medium-sized contract by International Maritime Industries (IMI) for engineering design services.

BW Energy has concluded on an alternative development plan for the Hibiscus/Ruche field in the Dussafu license off Gabon, using a converted jack-up rig.