Offshore drilling firm Seadrill said Saturday it had entered into a plan support agreement with certain of its senior secured lenders, over a reorganization plan that will raise $350 million in new financing and reduce Seadrill's liabilities by over $4…
Malaysia's offshore services firm Sapura Energy has won new contracts worth RM1.2 billion (around $284 million) in its Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling divisions.In Engineering & Construction…
Offshore drilling contractor Transocean on Wednesday released its quarterly offshore drilling rig fleet status report, which shows one contract terminated in Norway, and several new deals secured Norway, U.S. Gulf, Brazil, Angola, Brunei, and…
Offshore drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico. 'The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days…
Norwegian energy giant Equinor has chartered Floatel International's offshore accommodation rig Floatel Victory.Equinor will use the semi-submersible flotel for maintenance and safety services alongside the Peregrino FPSO offshore Brazil.The…
Energy firm Kistos has informed that Borr Drilling's Prospector-1 jack-up drilling rig has arrived on location at the Q10-A field in the Dutch North Sea, marking the start of the company's 2021 drilling campaign.Kistos got hold of the Q10-A…
Norwegian oil and gas company Aker BP has made a minor gas discovery in the Barents Sea offshore Norway, which is currently seen as not big enough to warrant development.According to the Norwegian Petroleum Directorate, the oil firm has concluded the drilling of wildcat well 7234/6-1…
UK North Sea-focused oil and gas company IOG, working to develop gas fields in the Southern North Sea, has shared the results of its first development well being drilled as part of Phase 1 of its Core project. The company said the output rates were above expectations…
Australian oil and gas firm Woodside Energy has this week started the offshore drilling campaign in Senegal for the Sangomar Field Development Phase 1, which will be the country's first offshore oil field in production.Woodside Acting CEO Meg…
Aquadrill, a drilling company formerly known as Seadrill Partners, said Thursday it had secured a one-well contract with Equinor for the Vela drilling rig in the US Gulf of Mexico. 'The rig will be managed and operated by Seadrill Limited. The…
Brazilian oil and gas company PetroRio has hired Ocyan Drilling's Norbe VI semi-submersible drilling rig for the Frade field revitalization campaign and the Wahoo Field development, offshore Brazil.Under the drilling contract which is expected to start in March 2022…
Malaysian oil and gas firm Petronas is preparing to start drilling an offshore well in Mexico.According to an exploration report by its Indonesian partner Medco Energi, Petronas is gearing up to drill the Bacalar-1EXP exploration well.Medco…
Austrian oil and gas company OMV has completed the drilling of the wildcat well 1/3-13 in the North Sea, offshore Norway.Using Maersk Drilling's Maersk Integrator jack-up rig, OMV Norge, a subsidiary of OMV, drilled the well near the 1/3-11 (Ipswich) oil find…
Germany-based 'cleantech' provider FUELSAVE has signed a contract with offshore drilling company Seadrill to deploy its advanced combustion conditioning technology on Seadrill's drillship.The technology promises to reduce primary fuel oil consumption and cut Co2 and GHG emissions from the rig…
Valaris, a company leasing offshore drilling rigs to oil and gas companies, has secured a 16-well contract for one of its semi-submersible drilling rigs.The drilling firm said Monday that the Australian oil and gas firm Woodside had hired the Valaris DPS-1 semi-submersible drilling unit…