Higher oil prices alone can’t save OSV players

There is a long ride ahead for the offshore support vessel owners

Weekly offshore rig count in U.S. rises to 21 units

The number of offshore rigs in the U.S. rose to 21 units last week, according to the weekly rig count report by ...

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Wellesley hits dust with North Sea well

Wellesley Petroleum has completed the drilling of wildcat well 35/4-2 in the North Sea offshore Norway. The well is dry. 

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Equinor makes minor oil discovery in North Sea

Equinor has made a minor oil discovery in the North Sea offshore Norway. 

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Noble buys second newbuild jack-up from PaxOcean

Noble Corporation has bought a second newbuild Gusto MSC CJ46 design jack-up rig from the PaxOcean Group (PaxOcean) ...

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ExxonMobil in another extension for Rowan drillship

ExxonMobil has exercised the third of four options for the Rowan Companies-owned Rowan Relentless, an R-Class ...

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Diamond rig to drill Ironbark prospect off Australia

Ocean Apex

Diamond Offshore-owned semi-submersible drilling rig Ocean Apex has been hired for the drilling of the Ironbark ...

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Rowan drillship to work for Petronas offshore Mexico

Rowan Companies has been awarded a drilling rig contract with Petronas offshore Mexico. 

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Aker BP gains drilling permit for Volund well

Norwegian E&P player Aker BP has received consent from the PSA for exploration drilling on the Volund field using ...

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Velesto reveals rig contract extension with Hess

The U.S. oil company Hess has extended the contract for the Naga 8 jack-up drilling rig in Malaysia. The rig is ...

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Equinor drills duster in Barents Sea

West Hercules drilling rig

Equinor has concluded the drilling of wildcat well 7132/2-1 in the Barents Sea offshore Norway. The well was dry. 

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Shell charters two Diamond Offshore semi-subs

Offshore driller Diamond Offshore has scored two contracts with Shell for two of its semi-submersible drilling rigs.

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Bassoe: Boredom in offshore rig market won't last

It’s gotta stop at some point. And it will. There’s more excitement coming.

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Transocean lines up new offshore rig contracts

Leiv Eiriksson

Following its takeover of Greek driller Ocean Rig, Transocean has been working to employ its now enlarged drilling ...

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Saudi Aramco takes EDC jack-up on a five-year deal

World's largest oil company Saudi Aramco has chartered the Setty jack-up drilling rig from the Egyptian drilling ...

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Chevron to keep Shelf jack-up for another six months

Shelf Drilling has secured a six-month contract extension for the Shelf Drilling Resourceful jack-up rig.

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Jadestone takes Ensco rig for Stag well

Jadestone Energy has signed a rig contract for infill drilling on the Stag oilfield located offshore Australia.

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Petrobras sets aside $622M for Vantage rig deal termination

Brazilian oil company Petrobras has set aside $622 million plus interest in case it is forced to pay Vantage ...

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Aker BP picks up drilling permit for North Sea appraisal

The Norwegian Petroleum Directorate has granted Aker BP a drilling permit for an appraisal well located in the ...

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Aker BP extends Ula stay for Prosafe flotel

Aker BP has exercised the first of eight one-month options to extend the charter of the Prosafe-owned flotel Safe ...

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Worldwide offshore rig count up by 50 units Y-o-Y

The worldwide offshore rig count in January 2019 increased by five units sequentially and 50 rigs year-over-year, ...

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Equinor kicks off exploration campaign offshore UK

Equinor has initiated an exploration campaign on the UK continental shelf comprising five wells in 2019, which is a ...

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Maersk Drilling sees signs of continued recovery

Maersk Drilling is seeing signs of continued recovery in the offshore drilling market. 

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BSOG sanctions Midia project offshore Romania

Black Sea Oil & Gas has made the Final Investment Decision to proceed with the $400 million Midia gas development ...

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Total in significant discovery offshore South Africa

Total has made a significant gas condensate discovery at the Brulpadda prospect on Block 11B/12B offshore South Africa. 

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WoodMac: Supply chain recovery to continue in 2019

The global offshore upstream supply chain saw signs of recovery in 2018, and this looks set to continue in 2019, ...

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Seadrill, Sonangol create JV company Sonadrill

Oslo-listed offshore drilling company Seadrill has entered into a 50:50 joint venture with Empresa de Serviços e ...

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ExxonMobil strikes two more oil finds offshore Guyana

U.S. oil major ExxonMobil can't stop finding oil in Guyana. After a string of discoveries last year, the company on ...

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