Petrofac has picked a member of McDermott’s executive committee to replace its current group chief executive, who will step down next year.
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Despite the uptick in utilisation and award activity for the North Sea semi-submersibles, Westwood said the demand outlook for 2023 is low.
The post More rigs exiting North Sea next year, despite semi-sub activity picking up in 2022, says Westwood app…
UK-based offshore drilling contractor Awilco Drilling has decided to transfer from the Oslo Stock Exchange to Euronext Growth Oslo.
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Keppel Offshore & Marine (Keppel O&M), has delivered the first of three newbuild jack-up rigs to the UAE’s ADNOC Drilling.
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Odfjell Drilling is seeing an increase in demand for offshore rigs with average utilisation of 97.1 per cent for its own fleet.
The post Odfjell: Boost in oil & gas investments to ramp up drilling activity as market strengthens appeared first on O…