‘Well control incident’ on West Hercules rig leads to investigation
A "well control" incident on the West Hercules rig is being investigated by Norway's offshore safety watchdog.
North Atlantic Drilling
Equinor gets exploration green-light for Ragnfrid Nord
The Petroleum Safety Authority of Norway has announced consent for Equinor to commence exploration drilling in block 6406/2 in the Norwegian Sea.
Statoil books West Phoenix rig for North Sea well campaigns
Statoil said today that it had booked a rig to drill three wells in the UK North Sea in summer.
North Atlantic Drilling slapped with safety notice for West Phoenix rig
Norway's offshore safety body said today it had flagged up 'serious regulatory breaches' on a rig owned by a subsidiary of Seadrill.
Malaysian duo target 1million barrels from North Sea well
More than 1million additional barrels of oil are expected to be unlocked through a sidetrack well in the central North Sea later this year.
Seadrill subsidiary wins VNG drilling contract
North Atlantic Drilling, a subsidiary of Norway-born tycoon John Fredriksen's Seadrill business, will use its West Phoenix rig for six wells as part of a contract with German firm VNG.
Wintershall to use North Atlantic Drilling rig on Norway well
Norway has given German firm Wintershall permission to drill an exploration well on the Balderbra prospect in the Norwegian Sea.
Seadrill subsidiary to be delisted in New York
A subsidiary of struggling offshore drilling contractor Seadrill will be delisted from the New York Stock Exchange after the company filed for chapter 11 bankruptcy.
Seadrill gives North Atlantic more breathing room on credit facility
Offshore drilling contractor Seadrill has pushed back the maturity date of a revolving credit facility it provided for North Atlantic Drilling.
North and north-east companies are the toast of the stock exchange
London Stock Exchange (LSE)’s new 1,000 Companies to Inspire Britain report celebrates the achievements of 25 Scottish firms and more than half of them are in the north and north-east.
North Atlantic Drilling puts off rig delivery
Jurong Shipyard has agreed to put back the delivery of a new rig to Seadrill-subsidiary North Atlantic Drilling to January 2018.
North Atlantic Drilling extends debt facility
North Atlantic Drilling has amended the revolving credit facility provided by its majority shareholder Seadrill Limited.
Deadline extended for North Atlantic Drilling to partner up with Russia’s Rosneft
Seadrill subsidiary North Atlantic Drilling (NADL) has extended the deadline for closing a landmark deal with Russia's state-run Rosneft.
Seadrill can’t rule out Chapter 11
Offshore drilling contractor Seadrill said yesterday that it could file for chapter 11 bankruptcy proceedings if it cannot reach an agreement on its restructuring.
Statoil cancels drill rig deal early
Norwegian oil giant Statoil has cancelled a contract for a drilling rig several months early.
North Atlantic Drilling continues standstill with Singapore’s Jurong Shipyard
North Atlantic Drilling (NADL) has given itself another three months to try and resolve its standstill with Singapore’s Jurong Shipyard over the delivery of the sixth generation harsh environment semi-submersible drilling rig, the West Rigel.
North Atlantic Drilling posts fourth quarter loss
North Atlantic Drilling reported a substantial loss on its fourth quarter 2015 results - with the Norwegian firm £112.9 in the red as the oil downturn continues to take a heavy toll on companies' earnings.
North Atlantic Drilling hit by rig downturn
North Atlantic Drilling reported difficult trading conditions has led to a third quarter loss of $2.6million as the downturn in rig activity hits home.
North Atlantic Drilling parts company with finance chief
North Atlantic Drilling's chief financial officer Ragnvald Kavli, is to step down later this month.
North Atlantic Drilling scoops $62million extension after day rate negotiations
French oil giant Total has awarded NADL (North Atlantic Drilling) a contract extension for the West Phoenix semi-submersible rig with an estimated value of $62million. The additional work will begin from spring of next year and continue through until August 2016.
Is the tide turning for drillers?
Drilling analysts at RS Platou believe oil & gas companies will start to see offshore spending in a more positive light over the coming years