The latest spate of fleet status reports – with news of low dayrates and contract terminations – provide further evidence that being an offshore driller is just not fun right now, Zacks Equity Research writes in its blog.
Two Bond Offshore pilots have been removed from the flight roster after they landed on a wrong offshore installation in the North Sea.
Atlantic Offshore, a Norway-based supplier of offshore support vessels, is boasting a ‘coolest looking’ Platform Supply Vessel on the Norwegian Continental Shelf.
Sevan Drilling, Norwegian provider of offshore drilling rigs of an unconventional, cylindrical design, may be forced to cancel a rig order.
Saudi Aramco, a national oil and gas company of Saudi Arabia, plans to invest $40 billion annually over the next ten years, the company’s CEO said at an industry conference.
Norway’s Aker Solutions says it has assembled one of its biggest engineering teams ever to deliver the initial plans for the engineering and design phase of the giant North Sea Johan Sverdrup oil deposit.
Aasta Hansteen and Polarled are moving the boundaries for technology, deep waters and ripple effects on the Norwegian continental shelf (NCS).
Oil samples have been recovered in the FAN-1 exploration well being drilled offshore Senegal by FAR Ltd and its joint venture partners Cairn Energy PLC (Operator), ConocoPhillips and Petrosen – the Senegalese national oil company.