Norwegian oil major Equinor has made a minor gas discovery near the Maria field in the Norwegian Sea.
Pacific Drilling has filed for Chapter 11 bankruptcy to eliminate $1.1 billion of bond debt amid significant disruption in the offshore drilling market.
The number of offshore rigs in the U.S. remained steady last week but dropped nine units year over year, according to a Friday report by Baker Hughes.
Oil major BP has started drilling the Ironbark-1 well located offshore Western Australia.
Norwegian oil and gas company Equinor has made two oil discoveries offshore Newfoundland, Canada. The wells were drilled using the Transocean Barents rig.
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Offshore drilling contractor Borr Drilling has entered into an agreement to sell its cold stacked jack-up drilling rig Atla to an independent operator.
Neptune Energy has made a minor oil discovery and delineated the Bue oil discovery near the Fenja field in the Norwegian Sea.
French oil major Total has made a significant gas condensate discovery on the Luiperd prospect, located on Block 11B/12B in the Outeniqua Basin off South Africa.
An analysis by Rystad Energy has revealed that one quarter of the global floater rig fleet could be scrapped as the Covid-19 pandemic accelerates restructuring in the offshore drilling market.
Oil and gas company Wintershall Dea has started drilling the first of six wells on the operated Nova field in the Norwegian North Sea.
Oil and gas operators are evacuating their offshore personnel from facilities in the U.S. Gulf of Mexico as Zeta nears hurricane strength.
Prosafe has been awarded a contract by ConocoPhillips to provide accommodation support on the Ekofisk field located offshore Norway.
Offshore drilling contractor Awilco Drilling is preparing for cost-cutting measures amid a challenging environment in the offshore drilling market.
