There were 270 offshore drilling rigs in the world actively drilling for oil and gas in February 2020, a slight increase compared to January 2020 (at 268), but also a slight dip versus February 2019 (at 272). This is according to Baker Hughes' February rig counts…
Turkish President Tayyip Erdogan has reportedly confirmed that the country, through its national oil company TPAO, has expanded its offshore drilling fleet with another drillship.TPAO has been using its two drillships the Fatih and the Yavuz – bought in 2017…
Brazilian offshore contractor Constellation has won an offshore drilling rig contract with Petrobras.Constellation said last week that Petrobras had hired its Atlantic Star semi-submersible drilling rig.In a LinkedIn post, the offshore drilling…
There were 268 offshore drilling rigs active in the world in January 2020, oilfield services giant Baker Hughes said in its monthly rig count report released Friday.This is a slight increase compared to 266 offshore rigs actively exploring for oil and gas counted in January 2019…
Virginia Democratic-led lawmakers on Tuesday passed a bill to block future oil and gas development off the state's coastline, reflecting opposition to the Republican Trump administration's efforts to open Atlantic waters to fossil fuel exploration…
The U.S. weekly offshore rig count rose by one unit last week, Baker Hughes' weekly rig count report released on Friday showed.According to the report, there were 21 offshore drilling rigs active in the U.S. during the week, up from 20 during the previous week…
There were 282 offshore drilling rigs actively exploring for or developing oil or natural gas worldwide in December 2019.This is an increase of 22 offshore drilling rigs compared to December 2018, according to Baker Hughes' weekly rig count report issued earlier this week…
Offshore drilling giant Transocean has managed to secure new contracts and extensions for eight offshore drilling rigs since its last rig fleet status report issued in October 2019.'Since its last Fleet Status Report issued in October 2019, the company has secured an additional $352…
Masirah Oil, an exploration and production company operating Block 50 offshore Oman, announced that it has awarded a drilling rig contract to Foresight Offshore Drilling Limited.The jack-up Foresight Driller IX will be utilized for an appraisal well on the Yumna field in block 50 offshore Oman…
Transocean, the world's 2nd largest offshore drilling contractor, has added $75 million in new contracts during the third quarter, bringing its total backlog to $10.8 billion with new work in the UK North Sea, Brunei and Egypt.The Switzerland…
New offshore drilling safety technology has been developed to monitor and provide advanced warning of potential risks in the “Red Zone”, the area of the rig floor where heavy drilling equipment operates and the risk of injury is highest.Vision IQ…
Indian multinational oil and gas company, Oil and Natural Gas Corporation (ONGC) awards driller contracts for pair of units off west coast.Dubai-headquartered offshore driller Shelf Drilling has been awarded contracts for two of its jack-up rigs with ONGC for operations in the Mumbai High…
UK-based international offshore drilling contractor Seadrill Partners has scored a contract in Gabon for one of its drillships.The offshore drilling firm said in press release that its drillship West Polaris had secured a contract with PC Gabon Upstream for drilling operations in Gabon…
Dubai-headquartered offshore drilling contractor Shelf Drilling has secured a contract for the Shelf Drilling Scepter jack-up rig with Chevron Thailand Exploration and Production for operations in the Gulf of Thailand.The contract for the 2008…
The Trump administration will hold off on issuing its plan to expand offshore drilling as it weighs what to do after a March court ruling that blocked drilling in the Arctic and Atlantic, Interior Secretary David Bernhardt told The Wall Street Journal…
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