offshore drilling

Thursday, May 18, 2023
offshore drilling rig brazil

Brazil Blocks Drilling at Key Offshore Exploration Zone

(Bloomberg) — Brazil’s environmental authority has rejected Petrobras’s request to drill its first well at an offshore oil frontier known as the

May 18, 2023
Total Views: 2279

Wednesday, May 10, 2023
offshore oil and gas rig

Transocean Lands Latest Contract Award in Australia

Transocean Ltd., a leading offshore drilling contractor, has announced that its Transocean Equinox has been awarded a five-well contract in Australia by a

May 10, 2023
Total Views: 1136

Tuesday, May 9, 2023

The Gulf of Mexico Has a $30 Billion Unplugged Oil Well Problem

(Bloomberg) — In the roughly 160 years since Edwin Drake drilled the first US oil well in the hills of northwestern Pennsylvania, more than 4.5 million

May 9, 2023
Total Views: 5050

Tuesday, May 2, 2023
offshore drillship

Valaris Expands Contract Backlog with New Wins and Extensions

Offshore drilling company Valaris Limited (NYSE: VAL) has announced strong first quarter results for 2023, with new contracts and extensions announced worth

May 2, 2023
Total Views: 1135

Thursday, April 13, 2023
offshore rig north sea

Guyana Delays Highly Anticipated Oil Auction to July

April 13 (Reuters) – Guyana’s closely watched auction of 14 offshore oil blocks faces a delay with the South American country

April 13, 2023
Total Views: 789

Friday, April 7, 2023

More UK North Sea Oil Workers to Start Striking This Month

By Rachel Graham (Bloomberg) — About 1,350 workers servicing North Sea oil platforms for energy majors such as BP Plc, Shell Plc and TotalEnergies SE

April 7, 2023
Total Views: 1261

Wednesday, April 5, 2023

Vantage Drilling Said to be Weighing Sale

By Rachel Butt (Bloomberg) — Vantage Drilling International is exploring strategic options including a potential sale, according to people familiar with

April 5, 2023
Total Views: 3063

Tuesday, April 4, 2023

Seadrill Completes Aquadrill Acquisition, Creating Leading Offshore Drilling Company

Offshore drilling company Seadrill Limited has announced the successful all-stock acquisition of Aquadrill LLC. The acquisition, valued at $958 million,

April 4, 2023
Total Views: 1131

Wednesday, March 29, 2023
offshore rig north sea

Transocean Reveals Additional Harsh Environment Contract Awards

Transocean Ltd. (NYSE: RIG) has secured additional contract fixtures for two of its harsh environment semisubmersibles in what is the latest development in the

March 29, 2023
Total Views: 1514

Tuesday, March 28, 2023

Transocean Signs Offshore Drilling Contracts with Equinor

Equinor has awarded Transocean two major offshore drilling contracts for the harsh-environment Transocean Encourage and Transocean Enabler rigs, primarily in

March 28, 2023
Total Views: 1718

Tuesday, January 3, 2023

Sembcorp Marine Delivers Second 8th Generation Drillship

Singaporean offshore shipbuilder Sembcorp Marine has delivered the world’s second 8th generation drillship, named Deepwater Titan, to a subsidiary of

January 3, 2023
Total Views: 1502

Friday, December 23, 2022

Seadrill Acquires Aquadrill in All-Stock Deal

Offshore drilling contractor Seadrill (NYSE and OSE: SDRL) has entered into a definitive agreement to acquire UK-based Aquadrill in an all-stock transaction.

December 23, 2022
Total Views: 703

Tuesday, November 15, 2022

Saipem Awarded Offshore Drilling Contracts Worth $800 Million

Italian-based Saipem has been awarded new offshore drilling contracts in the Middle East and West Africa worth approximately $800 million. The five contracts

November 15, 2022
Total Views: 2406

Saturday, November 5, 2022
Guyana Oil Port

Booming Guyana Sets Offshore Oil Auction Under Revamped Fiscal Terms

(Reuters) – Guyana, one of the world’s hottest oil drilling zones, will offer 14 offshore exploration blocks under terms that

November 5, 2022
Total Views: 1524

Monday, October 3, 2022
north sea oil rig

UK’s New Oil and Gas Exploration Licenses Unlikely to Boost Supply for Years

By William Mathis (Bloomberg) — The UK will soon offer new licenses to explore areas of its seabed for oil and gas, but even if the drilling is

October 3, 2022
Total Views: 568

Tuesday, August 2, 2022
offshore rig

Transocean Says Offshore Drilling Market Rebounding After ‘Extremely Challenging’ Eight Years

Offshore drilling contractor Transocean says the market for offshore drilling services is clearly recovering after eight “extremely challenging”

August 2, 2022
Total Views: 3059

Sunday, July 17, 2022

U.S. Welcomes Lebanon, Israel Maritime Boundary Efforts

WASHINGTON, July 15 (Reuters) – The United States on Friday applauded efforts by Lebanon and Israel seeking to reach a decision

July 17, 2022
Total Views: 2061

Saturday, July 16, 2022
Germany Offshore Wind Farm

Environmentalists Challenge North Sea Gas Drilling Plans In Dutch Court

BERLIN (Reuters) – Environmentalist groups in Germany and the Netherlands are challenging plans for a new gas field in the North Sea, a German

July 16, 2022
Total Views: 1969

Sunday, July 3, 2022

 Israeli Naval Ship Intercepts Drones Launched At Gas Rig 

JERUSALEM, July 2 (Reuters) – Lebanon’s Hezbollah said on Saturday it had sent three unarmed drones towards an Israeli Mediterranean gas rig,

July 3, 2022
Total Views: 30422

Sunday, June 26, 2022
oil gas platform angola production energy

Ukraine Attacks Crimean Oil Platform For Second Time In A Week

June 26 (Reuters) – Ukrainian forces have attacked a drilling platform in the Black Sea owned by a Crimean oil and gas company,

June 26, 2022
Total Views: 3927