A new merger may soon be visible on the rig market horizon, as the Switzerland-based offshore drilling contractor Transocean is now allegedly contemplating a business combination with its Bermuda-headquartered rival Seadrill.
The post More rig market c…
More rig market consolidation on the cards as Transocean and Seadrill ponder merger Read More »
The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.
The post Shell and Equinor weeks away from …
A court decision, which was interpreted to pose a serious threat to new and existing oil and natural gas operations in the U.S. Gulf of Mexico with some fearing that it would have unintended consequences for the offshore wind program as well, has been …
US court forestalls threat of oil & gas shutdown in Gulf of Mexico with a reprive Read More »
British renewable energy business Drax Group and compatriot systems design house Smart Green Shipping (SGS) […]
The post Smart Green Shipping secures $1.3 million funding injection to decarbonize shipping with wind-assisted technology appeared fi…
Noble Corporation is expecting a ramp-up in drilling demand for the floater fleet from late 2025 and 2026, which will spur further rig reactivations, as it perceives the oil and gas production from deepwater reservoirs as an important factor in the glo…