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.