offshore drilling

Noble and Diamond Offshore tie the merger knot with time to spare harnessing favorable consolidation winds

Noble Corporation and Diamond Offshore have reached a merger process finale and set the seal on their business combination sooner than anticipated.
The post Noble and Diamond Offshore tie the merger knot with time to spare harnessing favorable consolid…

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Southeast Asia calling jack-up duo: One Velesto rig ready to make a beeline for Sarawak, as other lands drilling work in Vietnam

While Velesto, which is set on actively pursuing new assignments in Southeast Asia for its jack-up fleet, is due to send one of its rigs to Sarawak soon for a previously secured drilling campaign, another of its jack-ups has got a hold of a job off the…

Southeast Asia calling jack-up duo: One Velesto rig ready to make a beeline for Sarawak, as other lands drilling work in Vietnam Read More »

$1.42 trillion at stake as oil & gas production ebbs away: Norway urged to pick up the pace of exploration and tech advancement

Over $1.42 trillion is said to be at risk of being lost if Norway does not step up its search for remaining hydrocarbon resources on the Norwegian Continental Shelf (NCS) and takes advantage of new technology to boost production levels.
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$1.42 trillion at stake as oil & gas production ebbs away: Norway urged to pick up the pace of exploration and tech advancement Read More »