ADNOC Drilling has delivered and received acceptance for AD-300, its first AI-enabled, fully automated walking island rig, nearly three months ahead of schedule.AD-300 is the first of six next-generation island rigs being deployed under a $1.54 billion contract awarded by ADNOC Offshore in 2024-2025.The company said the early delivery would enable earlier revenue generation and accelerate the rollout of the six-rig program…
On 29 May 2026, Vantage Drilling International and Eldorado Drilling signed a merger agreement under which Eldorado will acquire Vantage, making it a wholly owned subsidiary. As part of the transaction, Vantage shareholders will receive $19 per share in cash…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 30/8-7 S in production license 190. Equinor is the operator of the license with 50% stake, while its…
How well do we really understand the electrical systems powering today’s vessels? Many of us realize how important electricity is to our modern world but may be a bit shaky on the specifics. The Welsh comedian Tommy Cooper once joked, 'Electricity is a wonderful thing…
After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…
India's Oil and Natural Gas Corporation (ONGC), supported by energy and marine consultancy ABL, has completed the relocation of 44 jack-up rigs ahead of the monsoon season.The pre-monsoon rig moves were carried out between March 15 and May 31…
Italian energy services company Saipem has signed a binding agreement to sell its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company for $285 million, as it seeks to focus on deepwater and harsh-environment offshore drilling…
Trendsetter Vulcan Offshore (TVO) has deployed its proprietary Hercules tethered blowout preventer (TBOP) system to bring a shut-in well in the Gulf of America back into production, enabling a deepwater drilling rig to carry out a shallow-water workover operation…
Tampnet, the world’s largest offshore high-speed, high-capacity communications provider, has been selected by an international energy major to deliver advanced connectivity solutions to two development projects in the US Gulf.The projects in…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is wellbore 16/4-14 in production license 1174 S.The license is operated by Equinor with 80% stake, with partner Petoro holding the remaining 20% working interest…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 36/4-2 in production license 1153, operated by Aker BP with 40% working interest.Aker BP’s partners in the license are INPEX Idemitsu Norge with 30%…
Offshore drilling contractor Transocean has secured new contracts for two of its harsh-environment semi-submersible drilling rigs, adding approximately $185 million in firm backlog.The largest award was for the Transocean Norge, which received…
Equinor and its partners have drilled a dry well in the prospect under the Heidrun field in the Norwegian Sea.The wildcat well 6507/8-D-4 CH was drilled in production license 124, 240 kilometers west of Sandnessjøen in the ‘Heidrun Cellar SE’ prospect…
Vaalco Energy has reported strong initial results from its ongoing drilling campaign offshore Gabon, highlighted by the successful completion and startup of the Ebouri-5H development well and the mobilization of the drilling rig to its next target…
Caspian Offshore Construction (COC) has acquired an anchor handling tug supply (AHTS) vessel from Sinopacific Engineering & Contracting (SPEC), marking the first vessel in the SPA90 series to join the Kazakh offshore marine service provider's fleet…
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