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Floatel Victory Flotel to Stay with Equinor Offshore Brazil

Mar 27, 2025

Oslo-listed offshore accommodation rig provider Floatel International has secured a contract extension with Equinor for its Floatel Victory semi-submersible accommodation unit.Under the contract extension, Floatel Vicotry will continue to provide…

Wildcat Well in Norwegian Sea Fails to Deliver for Aker BP

Mar 27, 2025

Aker BP and its partners have completed drilling on the Kongeørn prospect in the Norwegian Sea without making a discovery as the wildcat well proved to be dry.Wildcat well 6507/2-8 is situated in production license 942, which was part of the Awards in predefined areas (APA) 2017…

OMV Bites Dust at Horatio Well in North Sea

Mar 26, 2025

OMV and its partners have drilled a dry well on the Horatio prospect in the North Sea, using Transocean’s Transocean Norge semi-submersible rig.The well 35/6-6, dubbed Horatio, is located in production license 1109, operated by OMV with 30% working interest…

DNO Finds Oil and Gas in Northern North Sea

Mar 26, 2025

Norwegian oil and gas operator DNO has made an important oil and gas discovery in Northern North Sea license PL1182 S, using Odfjell Drilling’s Deepsea Yantai semi-submersible rig.The discovery was made in Paleocene injectite sandstones of excellent…

BOS Princess Becomes Geotechnical Drilling Vessel

Mar 25, 2025

Seas Geosciences has completed the conversion of the BOS Princess into a multipurpose geotechnical drilling vessel that is now ready to serve the global offshore energy industry.With its 80-metre length and close to 19-metre beam, the BOS Princess…

Prosafe Sells Laid Up Accommodation Rig for Recycling

Mar 25, 2025

Offshore accommodation rig provider Prosafe has signed an agreement to sell for recycling its Safe Scandinavia accommodation rig, which has been cold stacked for over six years.The 1984-built, anchor moored semi-submersible tender support and…

Prosafe’s Safe Caledonia Flotel to Mobilize for Ithaca’s Captain Field in June

Mar 24, 2025

Offshore accommodation rig provider Prosafe has published an operational update for February 2025, achieving fleet utilization of 57%.The company’s accommodation rigs Safe Notos, Safe Zephyrus and Safe Concordia operated at full capacity during the period…

All Clear for Equinor to Drill North Sea Exploration Well

Mar 24, 2025

Norwegian Ocean Industry Authority (Havtil), the country’s offshore industry safety watchdog, has granted consent to Equinor for exploration drilling in an oil and gas block in the North Sea.The consent is for block 24/11, part of production license 169…

Floatel International Sells Laid Up Accommodation Rig

Mar 19, 2025

Offshore accommodation rig provider Floatel International has finalized the sale of semi-submersible accommodation rig Floatel Reliance, which has been in lay-up since April 2016.The firm contract follows the previously announced agreement in…

Harbour Energy Gets Drilling Permit for CCS Exploration off Norway

Mar 18, 2025

Harbour Energy has secured a permit to drill a well in the Norwegian Sea, which is part of carbon storage exploration license at Havstjerne development.The permit, awarded by Norwegian Offshore Directorate (NOD), is for wellbore 9/6-1 in production license EXL006…

Merger: Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF)

Mar 17, 2025

After several years of collaboration, Hendrik Veder Group (HVG) and Dutch Steel Fabricators (DSF) are consolidating, creating a  “one-stop-shop” for lifting and rigging solutions. Two companies within the DSF Group—Gouda Constructie and Breda…

Aker BP Gets All Clear for Drilling Ops Off Norway

Mar 17, 2025

The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6405/7-4 in production license 1005, which is operated by Aker BP with 40% working interest, Vår Energi with 40% stake…

Floatel Confirms Deal for Floatel Triumph Off Western Australia

Mar 14, 2025

Offshore accommodation rig provider Floatel International has informed that the previously communicated Letter of Intent (LOI) with an undisclosed client for Floatel Triumph has now been converted into a firm contract.The assignment, located offshore Western Australia…

Salunda Unveils Next-Gen Wireless Latch Monitoring Tool for Drilling Rigs

Mar 13, 2025

Salunda, a provider of digitized solutions for safety critical industries, has launched the Latch Hawk 2 fingerboard latch monitoring device to improve safety during pipe handling on offshore drilling rigs.Latch Hawk 2 provides a direct measurement…

OMV Petrom, NewMed Energy Partner Up for Offshore Exploration in Bulgaria

Mar 13, 2025

OMV Petrom, the largest integrated energy producer in Southeastern Europe, has closed the farm-down transaction with NewMed Energy, forming an equal partnership for the exploration of Bulgaria's Han Asparuh offshore block in Black Sea.The transaction…

Current News

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

Four Jack-Up Drilling Rig Deals Set to Bring In $129M for Borr Drilling

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Yinson Production Secures $1.17B Refinancing for FPSO Maria Quitéria

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

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Japan will begin testing mining rare-earth clay from the seabed by early 2026
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Sky News reports that UK's Octopus energy weighs $14 billion in demerger of Kraken's tech arm.
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