Aker BP has signed new โallianceโ agreements for rigs and wells with Noble Corporation, Odfjell Drilling and Halliburton, as it looks to bring a wave of new projects online in the coming years.
The UKโs Competition and Markets Authority (CMA) has officially accepted remedy measures taken by Maersk Drilling and Noble Drilling, enabling completion of their proposed merger.
Noble Corporation (NYSE: NE) has published full details of its offer for Maersk Drilling (CPH: DRLCO), setting out a timetable that would see the new company listed by 3 October.
The UKโs Competition and Markets Authority (CMA) says the sale of several Noble rigs to a new unit of Shelf Drilling should clear the way for its proposed merger with Maersk Drilling.
Noble Corporation (NYSE: NBL) and Maersk Drilling (CPH: DRLCO) have signed a $375m deal to sell-off several North Sea rigs to Shelf Drilling, in a move which could address competition concerns.
The UKโs Competition and Markets Authority (CMA) has flagged concerns over the proposed merger of Noble and Maersk Drilling, saying it could increase costs and reduce service quality for oil and gas producers in the UK North Sea.
Energy technology provider Fennex is continuing to grow in the wake of recent contract wins, prompting new personnel and its entrance into new markets.
An investigation is underway after a rescue ship "made contact" with a Noble Corporation oil rig leg, weeks ahead of a jack-up "issue" leading to work being ceased at a flagship IOG North Sea field.