Oil major BP has terminated the contract for Odfjell Drilling's Deepsea Aberdeen semi-submersible drilling rig that was due to end in April 2022, the drilling contractor said Monday. Under the contract terms, BP will pay Odfjell Drilling an…
Danish offshore drilling company Maersk Drilling has set a target to cut the intensity of CO2 emissions from its drilling operations by 50% by 2030. Jørn Madsen, CEO of the company which leased drilling rigs to oil companies said:'Climate change…
A fire broke out earlier this week on a fast rescue craft aboard the Siem Diamond offshore support vessel in the Atlantic Ocean, east of St. John's Canada.According to the C-NLOPB, the offshore oil and gas safety body for the Newfoundland and Labrador area…
Oil and gas company Wellesley has failed to find hydrocarbons at its 6204/11-3 exploration well in the North Sea, offshore Norway.Wellesley, as the operator of the production license 829, drilled the wildcat well 6204/11-3 (also known as the Schweinsteiger prospect)…
Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…
Italian oil and gas company Eni, together with partner BP, has made a gas discovery in the Great Nooros Area offshore Egypt.Eni, a company which a few years back struck Egypt's largest gas find at the Zohr well in the Mediterranean Sea, on Wednesday…
Turkey said on Tuesday it had extended the operations of its Yavuz energy drillship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek Cypriot government and Ankara.Yavuz will be accompanied by three other Turkish ships…
A group of Seadrill's creditors has agreed to let the offshore drilling rig operator suspend interest payments this month as part of an ongoing effort to restructure its $7.3 billion debt, the Oslo-listed company said on Wednesday.Seadrill,…
Oil and gas company Apache, with its partner Total, is on the hunt for its fourth offshore oil discovery in Suriname.The company has this year announced discoveries at Sapakara West, and Maka Central, and most recently, Kwaskwasi well - all in Block 58…
Thai subsea services company Mermaid Maritime has decided to sell its stake in Asia Offshore Drilling, a drilling joint venture with Seadrill, to limit its exposure to the volatile offshore drilling market.Mermaid, which owns a 33.76% in AOD…
Jack-up drilling contractor Shelf Drilling has canceled a charter deal for two jack-up rigs signed back in February 2019 with China's China Merchants.In February 2019, Shelf Drilling signed a deal to buy two CJ-46 jack-ups from China Merchants…
UK-based offshore decommissioning company Well-Safe Solutions has bought Seadrill's 1993-built West Epsilon jack-up rig, in a move that the company says will create a 100 new jobs.This will be Well-Safe's second rig in the fleet following the…
Turkey will send a second drillship to operate in the Black Sea, Energy Minister Fatih Donmez said on Sunday, weeks after Ankara announced its largest-ever natural gas discovery in the area.'Our drillship Kanuni, whose preparation work is continuing…
Japanese offshore drilling company JDC has won a drilling contract with Mitsui Oil Exploration.JDC said that the contract was for the provision of a jack-up drilling rig 'HAKURYU-11.' According to JDC, which operates a fleet of five jack-ups…
Turkey expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said.More than a quarter of Turkey's long-term gas contracts expire next year…
