This interview sheds more light on whether there will be a greater rig exodus from the North Sea market and a mass pivot toward other destinations.
Valaris has landed a batch of new contracts and extensions across multiple geographies for three floaters and six jack-ups in its rig fleet.
Equinor has drilled an exploration well in the Norwegian sector of the North Sea, which turned out to be dry.
Transocean has secured more work for three floaters in its rig fleet, enabling it to collect $326 million for assignments in Angola, the U.S. and Romania.
Dolphin Drilling has confirmed the start of operations and the final transfer of ownership for two semi-submersible rigs acquired from Transocean.
Noble Corporation has found more work for one of its jack-up rigs off the coast of the Netherlands, where the rig is currently carrying out drilling operations.
Vår Energi has drilled two wildcat wells in the North Sea, using one of Odfjell Drilling-managed semi-submersible rigs.
Island Drilling is in the process of evaluating all legal recourse at its disposal to contest a recent rig contract termination.
This is an overview of some of the moves made over the week, so come away with us on a journey of the fossil energy market’s latest developments.
Borr Drilling has managed to extend existing and secure new assignments for three premium jack-up rigs in its fleet.
Norwegian authorities have handed out a drilling permit for an exploration well in the North Sea off Norway, which is expected to be spud this month using one of Odfjell Drilling-managed semi-submersible rigs.
Trident Energy has decided to brake off the deal with Island Drilling for the 2012-built semi-sub rig, citing safety concerns.
Diamond Offshore has secured a new job in the UK sector of the North Sea and a contract extension in the U.S. Gulf of Mexico.
Tower Resources has secured a license extension of the first exploration period of a production-sharing contract (PSC) related to an asset offshore Cameroon.
