offshore drilling

Platform drilling firm Archer Limited announced today that it will continue drilling operations at the Greater Ekofisk area for at least another five years as

ST PETERSBURG, Russia/OSLO, May 24 (Reuters) – Russia’s Rosneft could buy a controlling stake in the world’s largest offshore driller,

By Balazs Koranyi OSLO, May 22 (Reuters) – The global offshore drilling market’s dip could be longer than previously expected and charter rates

By Tom Bergin LONDON, May 13 (Reuters) – A planned change in the way Britain taxes North Sea drillers exposes the loophole in a system that allowed an

Bergen-based drilling contractor Norshore has secured work for its first newbuild mini-drillship Norshore Atlantic as part of a top-hole drilling contract with

By Aziz El Yaakoubi MARRAKESH, Morocco, April 29 (Reuters) – Morocco will drill 30 oil and gas wells in 2014 as part of the North African kingdom’s

According to data obtained by gCaptain, a dozen newly-built offshore drilling rigs will commence operations in the Gulf of Mexico (GoM) this year while five

March 12 (Bloomberg) — Repsol SA, Spain’s biggest oil producer, will spend about $95 million drilling its first well offshore from Namibia as the

The current slowdown in offshore oil and gas drilling will last 12 to 18 months, and the market for rigs will rebound in 2015, Maersk Drilling said, providing

Feb. 11 (Bloomberg) — Total SA began life as Cie Francaise des Petroles, or CFP, almost a century ago. Thirty years since changing its name, the French

Drillers face a year of pain as they take delivery of a slew of new vessels ordered during boom times just as oil companies ruthlessly tighten spending on

When geologist Robert Ryan started his career in the 1970s, 600 feet was considered “deep water,” shale was useless rock and oil didn’t

Aug. 26 (Bloomberg) — Norway’s election outcome next month is poised to end a deadlock over oil drilling off the shores of its protected Lofoten

Aug. 8 (Bloomberg) — BP Plc, ConocoPhillips and Statoil ASA are among oil explorers investing at least $3 billion in wells off Angola next year in the

While operating for Total E&P offshore Angola, the 1999-built Ensco DS1 drillship was running their blowout preventer (BOP) to the wellhead in 4,318 feet

The measure would require the Obama administration to conduct additional sales of oil and gas leases off the coasts of Virginia, South Carolina, southern

Aberdeen-based offshore drilling contractor Awilco Drilling PLC, announced today they have signed a Letter of Intent (LOI) with Apache North Sea Ltd and TAQA

“Virginia is well positioned to be a national leader in offshore energy exploration,” noted Virginia Senator Tim Kaine in a press statement

For the first time in five years, more than 60 oil companies are set to bid on exploration permits offshore Brazil, taking on risks of drilling in virgin

(Bloomberg) — HRT Participacoes em Petroleo SA is expecting results this week from a well off Namibia’s Skeleton Coast that may revive interest in