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offshore drilling


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

2 hours ago
Total Views: 318

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: 927

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: 2846

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: 3246

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: 1298

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: 3237

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: 642

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: 1680

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: 1734

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: 1224

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: 2120

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: 1085

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: 886

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: 3476

Sunday, March 10, 2024
Philippines resupply mission in the South China Sea. REUTERS/Adrian Portugal
Offshore

US Key to Philippines’ Plan to Tap Oil, Gas in South China Sea

By Andreo Calonzo and Manolo Serapio Jr. Mar 10, 2024 (Bloomberg) –The Philippines is counting on the US and its allies to play a crucial role in

March 10, 2024
Total Views: 31138

Tuesday, February 13, 2024
The Island Innovator drilling rig courtesy Island Offshore
Offshore

Rig Safety Dispute Leads to Contract Termination Off Equatorial Guinea

Trident Energy and its partners Panoro Energy and Kosmos Energy have terminated the contract for the Island Innovator semi-submersible drilling rig off the

February 13, 2024
Total Views: 6011

Monday, February 12, 2024
An oil and gas drilling platform stands offshore in the Gulf of Mexico in Dauphin Island, Alabama, U.S., October 5, 2013. REUTERS/Steve Nesius/File Photo
Offshore

President Biden’s Offshore Drilling Leases Plan Faces Legal Challenges

Feb 12 (Reuters) – Oil and gas companies and environmental groups on Monday filed dueling legal challenges to the Biden

February 12, 2024
Total Views: 1846

Tuesday, February 6, 2024
The Ocean GreatWhite semi-submersible drilling rig
Offshore

Diamond Offshore Semi-Submersible ‘Ocean GreatWhite’ Loses Lower Marine Riser Package

Offshore drilling contractor Diamond Offshore Drilling has confirmed an equipment failure involving its semi-submersible rig Ocean GreatWhite in the UK. The

February 6, 2024
Total Views: 7211

Thursday, December 21, 2023
Offshore

Valaris Acquires Two New High-Spec Drillships at Bargain Price

Valaris Limited, a leading offshore drilling contractor, has announced it has exercised its options for the delivery of two newbuild ultra-deepwater

December 21, 2023
Total Views: 3911

Sunday, December 17, 2023
Offshore

Philippines Wants To Drill The South China Sea

by Karen Lema (Reuters) – Philippine President Ferdinand Marcos Jr said his country is working to resolve “exploration issues” in

December 17, 2023
Total Views: 12797
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