Test operations of the MAX STREICHER GmbH’s offshore rig VDD 400.2 were successfully completed at the STREICHER’s location in Deggenau, Germany, and will be...

The Angolan National Concessionaire Sonangol, Cobalt and the Block 20 partners - Sonangol Pesquisa e Produção and BP Exploration Angola (Kwanza Benguela) have announced the...

Australia’s gas boom has prompted forecasts that it will overtake Qatar as the world’s biggest LNG exporter by 2020. The Australasian region has witnessed an unprecedented...

Rowan Companies has elected Dr Thomas P. Burke as the CEO and appointed W. Matt Ralls as Executive Chairman of the Board along with Sir Graham Hearne as new Lead Director of the...

Premier Oil has made an oil and gas discovery in the Kuda Laut-1 well in Tuna PSC offshore Indonesia. Oil and gas samples were recovered to surface and discovered 183 ft...

Songa Offshore has entered into an agreement with Opus Offshore Group for the sale of two rigs and establishment of a joint venture drilling management company, the Songa-Opus...

Baker Hughes and Aker Solutions have formed an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for...

Steven A. Manz will serve as Senior VP and CFO of Noble Corp’s spinoff company Paragon Offshore, a standard specification offshore drilling company, Noble announced today...

Shell has made an exploration discovery offshore Malaysia in the Rosmari-1 well located 135 km offshore Malaysia in Block SK318. The well was drilled to a total depth of 2,123...

Maersk Drilling has taken the delivery of its second drillship, Maersk Valiant from the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant has begun its voyage toward the...