North Sea rig rates lower ‘than the rest of the world’, says Borr Drilling CEO
A top drilling firm has bemoaned the low fees contractors are receiving for leasing their rigs in the North Sea.
A top drilling firm has bemoaned the low fees contractors are receiving for leasing their rigs in the North Sea.
A Valaris rig is heading for the Southern North Sea ahead of embarking on a decommissioning campaign for Neo Energy.
Those eagerly awaiting the arrival of Shell’s (LON: SHEL) first new manned vessel in the UK for 30 years will have to wait a little longer after a delay to sailaway was confirmed.
As a result the accident Norwegian contractor Island Drilling has been hit with an improvement notice.
A Norwegian vessel operator has been told to up its game after one of its ships crashed into a Southern North Sea platform.
The Valaris 121 arrived in Dundee in January – where it remained until earlier this week – two days after a worker on board was reported missing.
Dolphin Drilling is contemplating a private share placing in order to finance the $60m deal.
Voltaire - the world’s largest offshore jack-up installation vessel – has arrived in the UK to begin work at the Dogger Bank offshore wind farm.
A huge semi-submersible drilling rig is bucking the current industry trend and setting course for the UK North Sea.
Bumi Armada confirmed that production at the Kraken FPSO has been shut in following a hydraulic pump failure.
Awilco Drilling has cancelled a planned private placement after the loss of a major arbitration case sent its share price plummeting.
Striking footage of the Voyageur Spirit FPSO departing Scotland’s west coast earlier this year has been shared online.
Dana Petroleum has been pulled up by the offshore watchdog over its auditing of safety operations on two North Sea FPSOs.
The Ocean Patriot, released early from its Apache North Sea contract, is off to work for Repsol Sinopec.
Apache has set out a timeframe for releasing a Diamond Offshore rig after axing a drilling contract earlier this year.
Valaris (NYSE: VAL) has landed a pair of North Sea rig deals with operators Harbour Energy (LON: HBR) and NEO Energy.
An offshore supply vessel has been left needing repairs after it struck a Southern North Sea gas platform over the weekend.
BW Offshore has sold off another of its floating production vessels and appointed a new chief strategy officer as it continues its repositioning efforts.
This is the stunning ship set to become a familiar feature at Montrose Port in its key role for the multi-billion pound Seagreen wind farm off the Angus coast.
A top market analyst fears the North Sea faces losing rigs “for good”, unless changes are made to the UK’s oil and gas windfall tax.
Health inspectors have found a hole in the deck of a North Sea rig - which appeared the same day a worker went missing and sparked a huge search off Aberdeen.
A Diamond Offshore (NYSE: DO) drilling rig has returned to work with Shell in the UK North Sea following repairs.
Work on an oil rig stationed in Aberdeen has secured dozens of jobs for contractor Semco Maritime.
Singapore shipbuilder Keppel is demanding more than £500m from the rig-less Aberdeen-headquartered drilling firm.
“There is a real danger that the UK will be left without the resources and talent to make the energy transition a reality safely," the IADC has warned hundreds of MPs and MSPs.