Browse the latest oil rig news news and articles.
Aquaterra Energy has designed, fabricated and installed a new Sea Swift platform for PICO Petroleum Integrated Services, the lead contractor for Amal Petroleum Company’s (AMAPETCO) Amal field in the Gulf of Suez, offshore Egypt.
Transocean Ltd. has announced that it has completed the previously disclosed transaction to sell its jackup fleet to Borr Drilling Limited for a total consideration of approximately US$1.35 billion.
In recent months there have been several second-hand rig transactions in the offshore drilling space with a number rigs changing hands such as Borr Drilling’s acquisition of Transocean’s jackup fleet and Shelf Drilling’s acquisition of three Seadrill jackups.
The rig was named Heydar Aliyev at a ceremony in Azerbaijan by the President of Azerbaijan, Ilham Aliyev.
Aker BP has received consent to use Mærsk Invincible for plugging wells at Valhall.
Flintstone Technology has developed a new subsea tensioned mooring system that will be officially launched at OTC.
Mike Seymour, Global QHSSE Director, Speedcast, explains why safety in the oil and gas industry is a top priority.
Sound Energy, the African and European focused upstream gas company, has announced the mobilisation of a rig to the company's Sidi Moktar asset, onshore Morocco.
New guidance provides methodology for safer jackup foundation design and installation.
First oil began to flow at 20:00 hrs on Sunday 26 March, travelling 25 km via pipeline to the Repsol Sinopec-operated Clyde platform.
Aker Solutions will provide design engineering for the upgrading of the semi-submersible Njord A platform in Norway.
In the first two months of 2017 OPEC members have demonstrated an unprecedented level of compliance with the production cuts agreed in late 2016.