Seven people have been banned from all oil vessels in Scotland after they appeared in court accused of scaling a Dundee rig on Monday.
UK headquartered driller Valaris has received a $200 million cash payment after winning a case against Samsung Heavy Industries (SHI).
Dutch firm One-Dyas has confirmed an oil discovery with its Ossian-Darach well in the southern North Sea.
Drilling contractor Valaris has announced a number of North Sea contract extensions among a clutch of global deals.
Offshore drilling firm Valaris has announced that it will undertake multi-million cost savings cuts across its business.
Valaris has sunk into the red as it seeks to sell off an ageing semi-submersible drilling rig.
Drilling has kicked off at a North Sea exploration well operated by Italian oil and gas firm Eni, supported by French partner Total.
At the end of September there were three active exploration wells and four appraisal wells being drilled in the UK, according to Westwood Global Energy. Two E&A wells were spudded and three were completed during September.
Rig operator Valaris has announced a number of global contracts and contract extensions totaling almost £200 million.
Rig operator Valaris has been chosen to carry out the drilling contract for Neptune Energy’s Seagull project in the UK North Sea.
Valaris has said it has made “significant progress” since the merger of Ensco and Rowan earlier this year.
The world’s largest offshore drilling firm EnscoRowan has announced plans to change its name to Valaris.