International3 hours agoTransocean To Buy Offshore Rig Contractor Valaris For $5.8 BillionOilfield services firm Transocean will acquire offshore rig contractor Valaris in an all-stock deal valued at ~$5.8B, where Valaris shareholders…
International1 day agoPetrobras wins approval to resume drilling in Brazil’s Foz do Amazonas frontierBrazil’s oil regulator has authorized Petrobras to resume drilling operations in the environmentally sensitive Foz do Amazonas region, reopening one…
Contracts2 weeks agoNoble secures new offshore drilling contracts worth $1.3bnThe contracts include a three-year deal for the Noble GreatWhite semi-submersible, boosting the company’s operations in Norway. Noble, an offshore…
Contracts3 months agoValaris scores $190M new offshore drilling and wind contractsOffshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North…
Decommissioning5 months agoTransocean sells four idle drilling rigs for demolitionOffshore drilling contractor Transocean has sold four idle rigs for demolition, according to a weekly market report from Wirana Shipping.…
Contracts5 months agoWeatherford wins $147 million Petrobras contract for tubular running servicesWeatherford International plc has been awarded a three-year, $147 million contract by Petrobras to deliver Tubular Running Services (TRS) across…
Regional5 months agoDrill, maybe, drill: Why North Sea oil and gas will not meet UK energy needsKemi Badenoch’s promise to “maximise” oil and gas extraction has put clear North Sea water between her party and the…
Regional5 months agoOil and gas industry touts ‘tiebacks’ to boost North Sea productionViability of linking new production to existing hubs explored as calls grow for extensions to existing licences For Donald Trump,…
Regional6 months agoNorway restarts North Sea drilling licences as UK faces calls to lift banNorway has reopened oil and gas exploration in the North Sea for the first time since 2021, prompting opposition parties…
International7 months agoExxonMobil’s new gas discovery springs into view offshore CyprusTwo energy giants, U.S.-headquartered ExxonMobil and Qatar’s QatarEnergy, have made a new gas find off the coast of Cyprus, using…
