An investigation into a “potentially disastrous” issue on one of BP’s UK offshore platforms is under way.
Odfjell Drilling has put 139 offshore workers at risk of redundancy after completing a drilling contract ahead of schedule.
Tense negotiations continued last night in a bid to avert possible strike action by engineers against a North Sea helicopter firm.
Odfjell Drilling's offshore workforce has accepted a new pay deal, according to trade union Unite.
Offshore drilling executives are trying to win back investors who have fled their stocks over the past year, insisting that a protracted recovery is gaining momentum.
Odfjell Drilling will take on more than 200 employees to support the growth of its Norwegian North Sea business.
Oil giant BP has extended Odfjell Drilling's maintenance service contract on three North Sea platforms.
Odfjell Drilling and Ithaca Energy have today agreed a deal for a North Sea well drilled by the Deepsea Bergen, plus optional additional wells.
Contractor Odfjell Drilling today announced a £120 million deal with Equinor for the Deepsea Atlantic rig.
Statoil plans to hand Odfjell Drilling a $160million contract for drilling six wells.
A strong fourth quarter helped KCA Deutag (KCAD) beat its earnings forecasts last year as the market showed signs of picking up.
The Petroleum Safety Authority Norway has given Aker BP consent to use the Deepsea Stavanger rig within the Skarv field.
Odfjell Drilling has put forward another revised pay offer after north-east workers voted to reject earlier proposals.
North-east storage and inspection firm Independent Oilfield Services (IOS) has announced two major new contract wins totalling more than £12.5 million.
Aker BP has entered into two separate drilling and well pacts.
Norwegian firm Odfjell Drilling said its Aberdeen business would recruit about 100 people after winning a contract to provide services on five North Sea platforms.
Wellesley Petroleum has booked Odfjell Drilling’s Deepsea Bergen rig to drilling an exploration well on the Norwegian continental shelf.
Odfjell Drilling reduced its first quarter losses compared to the same period last year - despite lower revenues in the first three months of 2017.
Offshore drilling firm Odfjell Drilling has signed a contract with Austrian oil company OMV for the Deepsea Bergen to drill a well next year.
Odfjell's Deepsea Stavaner has been signed up by JX Nippon Exploration and Production to drill one exploration well West of Shetland.