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Diamond Offshore’s contract backlog hits $1.9 billion amid tightening rig supply and demand dynamics

After enlarging its contract backlog by $713 million in 1Q 2024,Diamond Offshore is determined to expand its backlog further.
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New oil & gas license awards seen as boon to energy security and business confidence across UK’s offshore energy arena

Offshore Energies UK (OEUK) is convinced that the 31 new oil and gas licenses will boost energy security across offshore energy sectors.
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Noble CEO: Floaters to keep on reaping the benefits of offshore drilling market’s ‘multi-year uptrend’

Noble Corporation is feeling buoyant over the future opportunities for its rig fleet, especially the floater segment.
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New legal challenge yields same result: UK going back to the drawing board with net zero plan deemed ‘unlawful’

Another court battle over the UK government’s climate plans has crossed the finish line, with the court ruling against Britain’s net zero plan.
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