After being awarded an extension on the Walton Morant licence in Jamaica, United Oil & Gas will be moving forward with its farm-out campaign.
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UK-based PJ Valves has won two FPSO valve contracts worth $11 million for projects in Brazil.
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Standard Drilling has agreed to sell one of its large-sized PSVs for $10.3 million to increase its capital to pursue diversified investments within the energy sector.
The post Standard Drilling disposes of vessel to diversify energy investments appea…
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Borr Drilling’s jack-up drilling rig has spudded Kistos’ Q11-B well in the Dutch North Sea.
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The number of offshore rigs in the U.S. remained unchanged at 15 last week, based on Baker Hughes’ weekly rig count report from last Friday.
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