Borr Drilling reported lower revenue and adjusted earnings for the second quarter of 2026 as rig transitions, higher operating costs and delays getting the Odin to work weighed on results.The jack-up drilling contractor reported Q2 operating revenue of $232…
Borr Drilling Limited has announced its unaudited results for the three and six months ended June 30, highlighting a second quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026…
The Norwegian Offshore Directorate has reported that Aker BP and Equinor have drilled a dry exploration well, 15/6-17, in the Svarteknippa prospect in the North Sea.The prospect is located 15 kilometers west of the Solveig field and 220 kilometers west of Stavanger…
NOV recently achieved a milestone in that effort with the commissioning of the iNOVaTHERM™ portable drilling fluids treatment unit in Guyana—the first installation of this technology in the Western Hemisphere.The iNOVaTHERM unit is an indirect…
Seadrill Limited announced its second quarter 2026 results, highlighting contract awards and extensions in the U.S. Gulf and Malaysia, adding approximately $200 million to its contract backlog subsequent to the May fleet status report.West Vela was awarded a one-year contract in the U…
Wild Well Control has provided formal notice to conclude its Strategic Alliance Agreement with Oil Spill Response (Capping) Limited (OSRL), originally established in July 2020. In accordance with the terms of the agreement, the alliance will formally end on November 4…
Angola’s National Agency for Petroleum, Gas and Biofuels (ANPG), the National Concessionaire, and Sonangol Exploração & Produção, as Operator of Block 24, have announced the successful completion of drilling and testing operations of the Katambi-2 appraisal well…
Angola's state-owned oil company Sonangol and concessionaire ANPG said on Thursday that the Katambi-2 offshore appraisal well crossed two productive intervals and confirmed good quality reservoirs.Initial tests recorded a stabilised production…
Noble Corporation has installed a Stemless Gate Valve (SGV) on its Noble BlackHornet drillship, introducing a dedicated wellbore sealing system designed for managed pressure drilling operations.The technology, developed with Kinetic Pressure Control…
Vantris Energy has secured new offshore engineering and drilling work in Malaysia, including a transportation and installation (T&I) work order from Petronas and a tender-assisted drilling rig (TADR) assignment and contract for offshore development drilling campaigns…
ADNOC, in collaboration with SLB, has deployed its AI-enabled Real-Time Operations Center (RTOC) platform across its fleet of over 120 rigs, providing teams with a faster and more connected way to monitor, analyze and manage drilling operations across its onshore and offshore assets…
Petrobras has confirmed a new gas discovery at the Sandia-1 exploratory well in the GUA-OFF-0 block in deep waters offshore Colombia, further expanding the identified gas potential of the country's offshore basin.The Sandia-1 well is located about 42 kilometers from the Colombian coast in 1…
ADNOC, in collaboration with SLB, has deployed an artificial intelligence (AI)-enabled Real-Time Operations Center (RTOC) platform across its fleet of more than 120 drilling rigs, aiming to improve drilling performance, reduce engineering effort…
Valaris has completed a two-well workover and completion campaign for BP offshore Trinidad, with its VALARIS 249 jack-up rig finishing the program nearly 17 days ahead of schedule.The company credited the performance of the VALARIS 249 crew for delivering the campaign safely…