Drilling contractors will head to Westminster on Wednesday to make the case for stable and continued investment in the North Sea, lest the basin face an exodus of vital equipment and skills.
Ithaca Energy (LON:ITH) has signed a new contract with Stena Drilling for a campaign beginning later this year.
Activity in the North Sea is a “bit questionable” though given the current windfall tax, which has prompted some operators to send rigs elsewhere.
Transocean (NYSE: RIG) has unveiled a pair of UK North Sea contract wins as part of a clutch of global awards worth $488m.
Rigs are leaving the North Sea for better prospects elsewhere, leaving a risk to availability as oil and gas projects are expected to ramp up in 2024.
Perenco has secured an offshore rig ahead of a drilling campaign in the Southern North Sea.
Aberdeen-headquartered Dolphin Drilling (OL: DDRIL) has given a bullish outlook to its shareholders, highlighting that it expects UK North Sea project sanctions to exceed $10bn in 2023.
One of the world’s largest deepwater rigs, the Ocean Greatwhite, has returned to Kishorn Port on Scotland’s west coast after a high-profile visit nearly four years ago.
Island Drilling has been awarded a UK contract with Dana Petroleum worth around $30 million.
Vessel operator North Star says it has seen a sharp rise in applications for its cadet programme, as more young people look to careers in the offshore renewables sector.
Accommodation vessel operator Prosafe has been awarded a contract extension for its Safe Boreas unit in the North Sea.
Maersk Drilling (CPH: DRLCO) has secured a new contract for its Maersk Resolute jack-up with the Dutch unit of Petrogas, which will see additional wells added to its scope.
“Offshore drilling is coming back, big time,” Bjornar Iversen, chief executive of Dolphin Drilling, excitedly told a room of senior company figures, and myself, during a visit to the Borgland Dolphin rig in Norway last month.
As it stands, the focus for the North Sea is ‘new’. New fields. New projects. New production. New energy sources.
Shell has handed drilling contractor Valaris $60 million (£51.8m) to continue using one of its jack-ups in the North Sea.
Scottish technology company RAB-Microfluidics intends to scale up manufacturing of its disruptive new oil analysis device after receiving £2.2million in new equity funding.
The findings of an investigation into how a drillship broke free from its moorings in Ayrshire last year have been published.
Ping Petroleum has renamed the Hummingbird floating production storage and offload (FPSO) vessel “Excalibur” ahead of its planned redeployment at the Avalon field.
Teekay is on course to bring its floating production, storage and offloading (FPSO) segment to a close by the end of 2022.
There are concerns for the safety of crew aboard the Foinaven floating production, storage and offloading (FPSO) ship ahead of planned strikes this week.
Stena Drilling has signed a new contract with Shell which will see its semi-submersible Stena Don rig deployed in the UK North Sea for both well decommissioning and development work.
The Hummingbird Spirit has been captured entering the Cromarty Firth on what could be one of its last ever journeys.
Noble Corporation (NYSE: NBL) and Maersk Drilling (CPH: DRLCO) have signed a $375m deal to sell-off several North Sea rigs to Shelf Drilling, in a move which could address competition concerns.
The Hummingbird Spirit FPSO will head off from the North Sea today to the Cromarty Firth - ahead of an uncertain future for the vessel which could see it scrapped.
The vessel which will produce Pierce, a new North Sea gas redevelopment project for Shell (LON: SHEL) , has arrived at the field in the UK.