Northern Drilling is contemplating its next steps after its attempts to appeal the court’s arbitration ruling related to canceled orders for two drillships with a South Korean shipbuilder came to naught.
The post Pursuit of appeal for arbitration rulin…
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Orcadian Energy has divested a lion’s share of its interest in a giant undeveloped North Sea field and passed the operatorship baton to Ping Petroleum UK.
The post New operator takes the reins at UK’s huge undeveloped field ahead of development plan su…
Enauta has set the wheels into motion to bring into being a larger and more diversified independent oil and gas company in Latin America by proposing a business combination with a compatriot player, 3R Petroleum Óleo e Gás.
The post New merger in the o…
Shelf Drilling has acknowledged the issues arising from a suspension of operations for four jack-up rigs in the Middle East.
The post Suspension of gigs for four jack-up rigs deals a blow but Shelf Drilling’s fleet outlook still ‘optimistic’ appeared f…
Transocean has picked up a multi-million contract extension in the U.S. Gulf of Mexico for a drillship working for Hess Corporation.
The post Transocean drillship’s Gulf of Mexico drilling campaign extended by 365 days appeared first on Offshore Energy…
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