W&T Offshore has hired Skadden, Arps, Slate, Meagher & Flom to conduct an internal investigation of management’s close relationship with information-technology vendor AAIT, according to people with knowledge of the situation.
All of Noble’s floating drilling units were contracted in the second quarter of the year, as offshore drilling continues its renaissance.
Offshore drilling giant Transocean (NYSE: RIG) has announced two new contract wins totalling more than $1 billion.
Offshore contractor Awilco Drilling has secured a short-term, multi-million pound shareholder loan to fund its operations.
Dozens of roles are to be added to Well-Safe Solutions after the company struck a multi-million pound deal to buy a semi-submersible rig.
Maersk Drilling has been awarded contracts with Shell for the provision of its Maersk Voyager vessel for drilling services offshore multiple countries.
The market for shallow water offshore drilling is on the up sparked by higher oil and gas prices and tight supply.
Offshore drilling firm Seadrill has today announced that it has secured two contracts with Petrobras for work on the Buzios field, off Brazil.
Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig.
Work is due to resume shortly on IOG’s (LON: IOG) flagship North Sea project after repairs were successfully carried out on an oil rig.
Maersk Drilling and Noble Corporation have announced a merger between the two offshore drilling companies.
A Valaris rig has had to be deep cleaned after an outbreak of Covid-19 on board.
Valaris, one of the world’s largest offshore drilling companies, has announced a change-up of its top team with the appointment of a new CEO.
Valaris has reported losses of $910million as one of the world’s largest offshore drillers hopes to soon re-emerge from bankruptcy.
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.
Valaris, the world’s largest offshore drilling firm, has filed for Chapter 11 bankruptcy with a plan it said would reduce its debt by $6.5billion.
Environmental activists claim to have found a methane leak in the North Sea that was caused a “blow-out” during drilling operations 30 years ago.
Diamond Offshore Drilling Inc., the rig contractor controlled by Loews Corp., filed for bankruptcy amid an unprecedented crash in crude prices that’s wrecking demand for oil exploration at sea.
Italian energy services firm Saipem said its outlook is “good” but the recent deterioration of the oil market sunk the company to a loss in the first quarter of the year.
Maersk Drilling’s chief executive said yesterday the firm is “delivering” on its 2019 strategy despite a slump in first half profits.
A consultative ballot is to be carried out by the Unite union amid a pay dispute for North Sea drillers.
UK-based Ensco has completed its merger with smaller rival Rowan to create the world’s largest offshore drilling firm by fleet size.
President Barack Obama has imposed a permanent ban on oil and gas drilling in most US-owned waters in the Arctic Ocean.
The Bahamian government has cleared the way for exploratory offshore drilling to start ahead of a planned referendum giving its citizens a say in the country's energy future.
India's national oil company Oil and Natural Gas Corporation (ONGC) says it has set a new world record for the drilling of an oil or gas well in the deepest waters by a mobile offshore drilling unit.