Latest news
Equinor slashes investment, spending in $3 billion coronavirus package
Norwegian oil firm Equinor will cut investments, exploration drilling and operating costs as part of a $3 billion plan to help the company weather the coronavirus crisis and low oil prices, it said on Wednesday.
read more... 25/03/2020
Maersk Drilling secures one-well contract offshore Egypt
Maersk Drilling has been awarded a one-well contract for the semi-submersible rig Maersk Discoverer offshore Egypt. The contract has an estimated duration of 21 days and is expected to commence in March 2020, in direct continuation of the rig’s current contract. The contract value is approximately USD 3.8m.
read more... 05/03/2020
Green light to Lundin for Barents Sea wildcat
The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for a well in the Barents Sea offshore Norway.
read more... 19/02/2020
BP, SOCAR begin exploration drilling at Shafag-Asiman block offshore Azerbaijan
British oil company BP and its partner State Oil Company of the Republic of Azerbaijan (SOCAR) have commenced drilling of the Shafag-Asiman block offshore Caspian Sea in the Azerbaijan sector.
read more... 16/01/2020
Saipem nets $1.7B in drilling contracts
Saipem on Friday said that the contracts related to the offshore drilling division concern activities to be executed in Norway and in Angola. Apart from sharing the regions where the projects will be carried out, the company did not provide any further info on the offshore drilling contracts.
read more... 30/12/2019