Offshore driller Valaris has completed the sale of a shallow-water rig and secured additional work in the UK North Sea for four such rigs that are already operating there. Valaris is one of the ...

Shallow-water driller Borr Drilling said it has won new contracts in the Netherlands and Congo-Brazzaville for two of the company's jack-up drilling units, adding $43 million in backlog. In the ...

Norwegian energy company Equinor has secured two permits from the Norwegian Offshore Directorate (NOD) to drill wildcat wells in the North Sea. The permits cover wellbore 34/4-19 S in production ...

Well 15/8-3 S will be drilled in production license 1137 by the Deepsea Atlantic semisubmersible drilling rig. June 23, 2025 Equinor Energy AS has been granted a permit by the Norwegian Offshore ...

Try as so many private and government organizations might, switching everywhere on Earth over to clean, renewable energy — including some strange sources being explored — is still a long way away.

Tenaz Energy Corp. has let a contract to Shelf Drilling Ltd. for the Winner jack-up rig to drill offshore Netherlands. Operations will start October-November 2025. Shelf Drilling subsidiary Shelf ...

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main ...

The Norwegian Offshore Directorate has granted Equinor a permit for exploration well 6407/1-B-2 H under production license 1121. This license, first awarded in April 1982, remains valid until the end ...

Off-shore oil drilling currently accounts for over 35% of the world's total oil production, and that number has consistently risen over recent history. While a majority of oil extraction takes place ...