September 15, 2020
Seadrill has agreed to acquire Thailand’s Mermaid Maritime to take full control of Asia Offshore Drilling. (more…)
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Offshore
September 14, 2020
Polarcus refers to its announcement dated 24 June 2020 regarding the suspension of hire until commencement of a new project and the expected redelivery of...
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September 9, 2020
U.S. President Donald Trump on Tuesday signed an order to extend a ban on offshore oil drilling in the eastern Gulf of Mexico off Florida,...
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August 19, 2020
France’s Total has restarted oil drilling in Angola and new exploration ships will also soon resume work, the company’s country chair Olivier Jouny told trade...
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August 18, 2020
Turkey drew another rebuke from the European Union on Sunday when it said its Yavuz energy drillship would extend operations in disputed Mediterranean waters off...
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August 12, 2020
Hermitage Offshore Services Ltd. and 28 of its subsidiaries including all its vessel-owning subsidiaries (collectively, the “Company”) announced today that they have filed voluntary petitions...
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August 6, 2020
Transocean Ltd. has tapped Lazard Freres & Co. LLC to be its financial adviser as the world’s biggest owner of deepwater oil rigs confronts history’s...
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August 4, 2020
North Sea oil workers are staying offshore for as long as three weeks at a time, potentially increasing the risks of an already dangerous operating...
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August 3, 2020
Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete. (more…)
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August 3, 2020
Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced exit from Venezuela...
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July 29, 2020
Turkey will hold off on surveying the seabed in an area of the eastern Mediterranean disputed by Greece to give time for diplomacy, President Recep...
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July 14, 2020
On Friday, May 1, two workers on the PXA-1 offshore platform owned by Brazil’s state-run oil company Petrobras checked into the facility’s infirmary complaining of...
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July 10, 2020
A wave of oil and gas bankruptcies in North America is likely to continue this year as oil prices remain depressed and a new surge...
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July 6, 2020
Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of exploration in...
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July 3, 2020
Pirates attacked an oil production vessel off Nigeria in the early hours of Thursday and kidnapped nine Nigerian nationals, the ship’s owner BW Offshore said....
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