Law firm HFW said Tuesday it had advised Chinese shipbuilder Shanghai Shipyard on a UK Court of Appeal win relating to a US$170 million payment under a shipbuilding contract for an offshore drillship.The Court of Appeal overturned an April 2020…
Norwegian energy firm Equinor is expected to spud the Egyptian Vulture exploration well in the Norwegian Sea in late August, using Seadrill's West Hercules semi-submersible drilling rig.This is according to Longboat Energy, Equinor's partner in the project…
Four people fell into the sea and went missing after an offshore construction unit tilted off the coast of Huzhou City, China, CGTN, a Chinese state-backed news website, said Monday.According to CGTN, there were 65 people on board when the incident took place…
ƶijϻ drilling firm Seadrill said Saturday it had entered into a plan support agreement with certain of its senior secured lenders, over a reorganization plan that will raise $350 million in new financing and reduce Seadrill's liabilities by over $4…
Malaysia's offshore services firm Sapura Energy has won new contracts worth RM1.2 billion (around $284 million) in its Engineering and Construction (E&C), Operations and Maintenance (O&M) and Drilling divisions.In Engineering & Construction…
ƶijϻ drilling contractor Transocean on Wednesday released its quarterly offshore drilling rig fleet status report, which shows one contract terminated in Norway, and several new deals secured Norway, U.S. Gulf, Brazil, Angola, Brunei, and…
ƶijϻ drilling contractor Borr Drilling received a Letter of Award for one of its jack-up rigs from an unnamed international oil company for additional work in Mexico. 'The program is expected to commence in the second quarter of 2022 for a duration of approximately 150 days…
Norwegian energy giant Equinor has chartered Floatel International's offshore accommodation rig Floatel Victory.Equinor will use the semi-submersible flotel for maintenance and safety services alongside the Peregrino FPSO offshore Brazil.The…
Energy firm Kistos has informed that Borr Drilling's Prospector-1 jack-up drilling rig has arrived on location at the Q10-A field in the Dutch North Sea, marking the start of the company's 2021 drilling campaign.Kistos got hold of the Q10-A…
Norwegian oil and gas company Aker BP has made a minor gas discovery in the Barents Sea offshore Norway, which is currently seen as not big enough to warrant development.According to the Norwegian Petroleum Directorate, the oil firm has concluded the drilling of wildcat well 7234/6-1…
UK North Sea-focused oil and gas company IOG, working to develop gas fields in the Southern North Sea, has shared the results of its first development well being drilled as part of Phase 1 of its Core project. The company said the output rates were above expectations…
Australian oil and gas firm Woodside Energy has this week started the offshore drilling campaign in Senegal for the Sangomar Field Development Phase 1, which will be the country's first offshore oil field in production.Woodside Acting CEO Meg…
Aquadrill, a drilling company formerly known as Seadrill Partners, said Thursday it had secured a one-well contract with Equinor for the Vela drilling rig in the US Gulf of Mexico. 'The rig will be managed and operated by Seadrill Limited. The…
Brazilian oil and gas company PetroRio has hired Ocyan Drilling's Norbe VI semi-submersible drilling rig for the Frade field revitalization campaign and the Wahoo Field development, offshore Brazil.Under the drilling contract which is expected to start in March 2022…
Malaysian oil and gas firm Petronas is preparing to start drilling an offshore well in Mexico.According to an exploration report by its Indonesian partner Medco Energi, Petronas is gearing up to drill the Bacalar-1EXP exploration well.Medco…