offshore drilling


Thursday, April 24, 2025
semisubmersible drilling rig at sea
Offshore

Interior Department Looks to Boost Gulf Oil Production Through Commingling Policy Change

The Department of Interior has implemented a policy change that could significantly boost offshore oil production in the U.S. Gulf, through expanded Downhole

April 24, 2025
Total Views: 969

Monday, April 21, 2025
Hanwha Ocean Launches Drillship ‘Tidal Action’ for Petrobras Charter
Offshore

Hanwha Ocean Launches Drillship ‘Tidal Action’ for Petrobras Charter

South Korean shipbuilder Hanwha Ocean has marked its entry into the deepwater drilling operations sector with the naming ceremony of its next-generation

April 21, 2025
Total Views: 1563

Friday, April 18, 2025
offshore rig north sea
Offshore

Trump Launches Ambitious New Offshore Oil and Gas Leasing Program, Establishes High Arctic Planning Area

The Department of the Interior has initiated the development of the 11th National Outer Continental Shelf (OCS) Oil and Gas Leasing Program, marking a

April 18, 2025
Total Views: 1672

Sunday, March 30, 2025
China Discovers 100 Mln Ton Oilfield In South China Sea
Offshore

China Discovers 100 Mln Ton Oilfield In South China Sea

BEIJING, March 31 (Reuters) – China National Offshore Oil Corporation has discovered an oilfield in the eastern South China Sea with proven

March 30, 2025
Total Views: 19491

Thursday, February 20, 2025
offshore oil and gas rig
Offshore

Environmental Groups Sue to Block Trump’s Offshore Drilling Expansions

Environmental groups on Wednesday moved in court to block President Donald Trump’s administration from allowing offshore oil drilling along broad swaths of

February 20, 2025
Total Views: 2615

Tuesday, February 18, 2025
Transocean_enabler. Photo: Jan Arne Wold / Equinor
Offshore

Transocean CEO Jeremy Thigpen to Step Down, Keelan Adamson Named Successor

Transocean Ltd. (NYSE: RIG) announced today a significant leadership transition, with current President and Chief Operating Officer Keelan Adamson set to take

February 18, 2025
Total Views: 2405

Tuesday, February 4, 2025
offshore drillship
Offshore

Noble Corporation to Scrap Two Ultra-Deepwater Drillships

Noble Corporation plc (NYSE: NE) has announced plans to divest two cold-stacked ultra-deepwater drillships, the Pacific Meltem and Pacific Scirocco, as part of

February 4, 2025
Total Views: 3643

Saturday, January 18, 2025
offshore oil platform california. photo REUTERS/Lucy Nicholson
Offshore

Republican-Led States Sue Biden Administration Over Offshore Drilling Ban

By Kanishka Singh WASHINGTON, Jan 17 (Reuters) – A group of Republican-led states filed a lawsuit on Friday challenging a ban announced by outgoing

January 18, 2025
Total Views: 1060

Monday, January 6, 2025
U.S. President Joe Biden provides an update on the Hurricane Helene response and recovery efforts, during remarks in the White House Oval Office in Washington, U.S., September 30, 2024. REUTERS/Evelyn Hockstein
Offshore

Biden Administration Blocks Offshore Drilling Across 625 Million Acres of U.S. Waters

U.S. President Joe Biden will ban new offshore oil and gas development along most U.S. coastlines, a decision President-elect Donald Trump, who has vowed to

January 6, 2025
Total Views: 2893

Tuesday, November 26, 2024
File photo of an offshore drillship
Offshore

Trump’s ‘Drill, Baby, Drill’ Pledge Unlikely to Boost Production, Exxon Exec Says

Oil and gas producers in the US will not raise output significantly in the coming years despite calls from President-Elect Donald Trump to “drill, baby,

November 26, 2024
Total Views: 3269

Wednesday, October 30, 2024
Chevron's Anchor asset in U.S. Gulf of Mexico
Offshore

BSEE Tightens Safety Rules as Breakthrough Tech Promises to Unlock Billions in Deepwater Oil Reserves

HOUSTON, Oct 29 (Reuters) – The Bureau of Safety and Environmental Enforcement (BSEE) rolled out new rules for U.S. offshore drillers

October 30, 2024
Total Views: 1322

Wednesday, October 23, 2024
Seadrill drillship on the horizon
Offshore

Transocean and Seadrill in Merger Talks Amid Deepwater Drilling Boom

By David Carnevali, Dinesh Nair and David Wethe (Bloomberg) — Transocean Ltd. is in talks to merge with rival offshore drilling contractor Seadrill

October 23, 2024
Total Views: 3266

Wednesday, September 11, 2024
Deepwater Atlas drillship during sea trials
Offshore

Transocean Secures $232 Million Contract for Deepwater Atlas in Gulf of Mexico

Transocean (NYSE: RIG), a leading offshore drilling contractor, has announced a significant new contract for its ultra-deepwater drillship Deepwater Atlas in

September 11, 2024
Total Views: 669

Friday, September 6, 2024
The drilling ship Noble Globetrotter II off the coast of Varna, Bulgaria
Offshore

Noble Corporation Completes $1.6 Billion Acquisition of Diamond Offshore Drilling

Noble Corporation plc (CSE: NOBLE, NYSE: NE) has finalized its $1.59 billion acquisition of Diamond Offshore Drilling, Inc., strengthening its position in the

September 6, 2024
Total Views: 1723

Wednesday, July 24, 2024
File photo of an offshore drillship
Offshore

Transocean Fleet Update Reflects Rise in Offshore Drilling Dayrates

Offshore drilling contractor Transocean has issued its quarterly Fleet Status Report detailing contract updates for its offshore drilling rigs. The report

July 24, 2024
Total Views: 1765

Monday, July 22, 2024
offshore drillship
Offshore

Valaris Secures $498 Million Contract with Equinor for Offshore Brazil Project

Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its

July 22, 2024
Total Views: 1246

Wednesday, June 26, 2024
File photo of an offshore drillship
Offshore

Transocean Lands Lucrative Contract Extension for Ultra-Deepwater Drillship

Transocean Ltd. (NYSE: RIG) has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico at a

June 26, 2024
Total Views: 2140

Tuesday, June 4, 2024
Transocean_enabler. Photo: Jan Arne Wold / Equinor
Offshore

Transocean Secures Offshore Drilling Contracts Worth $161 Million

Transocean Ltd. (NYSE: RIG), a leading offshore drilling contractor, has announced securing new contract fixtures for three of its harsh environment

June 4, 2024
Total Views: 1101

Wednesday, May 15, 2024
Seadrill drillship on the horizon
Offshore

Seadrill Sets New Record with Cycle-High Dayrate of $545,000

Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of

May 15, 2024
Total Views: 906

Wednesday, May 1, 2024
File photo of an offshore drillship
Offshore

Transocean Secures Offshore Drilling Contract at $505,000 Day Rate

Offshore drilling contractor Transocean has announced securing an offshore drilling contract above the highly coveted $500,000 day rate mark amid continued

May 1, 2024
Total Views: 3507