The UK’s Competition and Markets Authority (CMA) has officially accepted remedy measures taken by Maersk Drilling and Noble Drilling, enabling completion of their proposed merger.
The UK’s Competition and Markets Authority (CMA) is considering whether there are “reasonable grounds” to approve the merger of Maersk Drilling and Noble Corp, following the proposed sell-off of several North Sea rigs.
Maersk Drilling has reached a deal to sell its Maersk Convincer oil rig to Middle East and Africa-focused driller ADES for $42.5 million.
Maersk Drilling and Noble Drilling are preparing to sell a series of oil rigs, currently stationed in the North Sea, in order to get over competition hurdles.
Set in a prime location next to Aberdeen International Airport and the Aberdeen Western Peripheral Route (AWPR), ABZ is the north-east’s best connected business park.
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.
Work has been stopped at the flagship North Sea project of IOG after an “issue” was uncovered on the leg of an oil rig.
UK based energy firm IOG has marked an “important step” with the spudding of the Blythe development well.
During an intense period of challenge for the energy sector in the midst of a global pandemic, securing the future of Aberdeen as Europe’s oil and gas capital has never been more important.
Use of offshore drilling rigs globally has seen the largest monthly drop in 20 years, according to analysis from Rystad Energy.
UK operators will "struggle” to find semi-submersible rigs for work in the North Sea next year, according to new analysis.
Offshore drilling contractors are going bust at the fastest pace in three years as explorers spurn high-cost drilling to deal with a worldwide slump in commodity prices.