Marco Polo Drilling News

 

Oman’s Block 50 Offshore Drilling to Advance After $25M Funding Raise

Dec 08, 2025

Jasmine Energy has raised $25 million in senior secured bonds to support a new drilling campaign at the Yumna field in Block 50 offshore Oman, parent company Rex International Holding informed.The three-year bonds are expected to settle on December 12…

Oil Firms in Norway to Drill 18% Less Exploration Wells by 2026, Survey Finds

Dec 04, 2025

A survey on Thursday showed that oil firms in Norway are planning to drill 18% less exploration wells next, as they focus on existing fields. This could undermine the government's aim of maintaining production from Europe's biggest petroleum producer…

ADES Completes Acquisition of Shelf Drilling

Nov 26, 2025

Saudi Arabian oil and gas drilling contractor ADES International Holding has completed the acquisition of rival rig firm Shelf Drilling.The merger, concluded on November 2025, has created a global offshore drilling powerhouse, with the combined…

COSL Drilling Europe Explores Development of Fully Electric BOP

Nov 21, 2025

COSL Drilling Europe is examining the development of fully electric blowout preventer (BOP), a move the company says could lower costs and improve efficiency in offshore drilling and plug and abandonment operations.The concept was originally created by John Dale and Electrical Subsea & Drilling…

Norway Issues Permits for Equinor’s Drilling Ops in North Sea

Nov 20, 2025

The Norwegian Offshore Directorate has granted Equinor drilling permits for two wildcat wells in the North Sea.The permits are for wellbore 33/12-N-3 GH in production license 037 B/152 and 33/12-N-3 HH in production license 037 B/277.Equinor is the operator of Equinor of the licenses…

Blackford Dolphin Semi-Sub to Keep Drilling Offshore India

Nov 20, 2025

Oil India has exercised its option to extend the drilling contract with Dolphin Drilling for the semi-submersible rig Blackford Dolphin.Further to the initial three-well firm campaign over an estimated 14-month duration, agreed in March 2024…

Shelf Drilling’s Jack-Up to Restart Ops for Aramco as Suspension Ends

Nov 19, 2025

Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations for the Harvey H. Ward jack-up rig in the Middle East.The rig’s operations were previously suspended by Aramco, effective September 2024…

Noble Intrepid Jack-Up Drills Dry Well in North Sea

Nov 18, 2025

DNO and its partners have drilled a dry well in the Page prospect in the southern part of the North Sea, using Noble Corporation’s Noble Intrepid jack-up rig.The wildcat well 2/6-8 S and technical sidetrack 2/6-8 ST2 were drilled in production license 1086…

SED Energy’s GHTH Rig Kicks Off Ops for PTTEP

Nov 18, 2025

The semi-submersible tender-assist drilling rig GHTH, owned by SED Energy Holdings’ subsidiary Energy Drilling, has started operations with Thailand’s PTT Exploration and Production (PTTEP).The rig started operating after completing preparatory work in Singapore…

Odfjell Drilling Buys One Semi-Sub Rig, Finds Work for Another

Nov 17, 2025

Offshore drilling contractor Odfjell Drilling has signed a $480 million deal to acquire Deepsea Bollsta semi-submersible drilling rig from Northern Ocean, while securing also securing a job for its Deepsea Aberdeen rig.Deepsea Bollsta has been…

Rhino Resources Prolongs Deepsea Mira's Stay off Namibia

Nov 12, 2025

Offshore drilling contractor Northern Ocean and oil and gas firm Rhino Resources have signed a contract extension for Deepsea Mira semi-submersible drilling rig for work offshore Namibia.The contract for Deepsea Mira with Rhino Resources, signed in July 2025…

Dolphin Drilling Pursues $105M Payment as Nigerian Receiver Takes Control of GHL

Nov 10, 2025

Offshore drilling contractor Dolphin Drilling is seeking to recover $105 million awarded in arbitration against Nigeria’s General Hydrocarbons Limited (GHL), after the country’s debt recovery agency appointed a receiver to take control of the company…

Aker BP’s Well in North Sea Comes Up Dry

Nov 07, 2025

Aker BP and its partners have drilled a well in the Yggdrasil area in the North Sea, which proved to be dry.The well 30/11-16 S, or ‘Natrudstilen’, was drilled in production license 873, just over one kilometer east of Fulla and 155 kilometers west of Bergen…

Equinor Cleared for Drilling Job in Barents Sea

Nov 07, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the Barents Sea.The permit is for a wellbore 7220/7-5 in production license 532, operated by Equinor with 46.3% working interest.Equinor’s partners in the license are Vår Energi with 30%…

Halliburton Gets Shell’s Drilling and Completions Contract Offshore Nigeria

Nov 07, 2025

Halliburton has secured an integrated drilling and completion services contract for the HI gas field development in OML 144 offshore Nigeria by Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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