Shelf Drilling announced that it has received a notification from customer on suspension of operations for the High Island IV jackup rig for a period of up to 12 months...

Neodrill, together with Baker Hughes, has performed the world’s first cut and recover operation for Wintershall Dea Norge in the Norwegian Sea...

IHS Markit estimates that China’s crude oil inventories will increase by 440 million barrels over the first six months of 2020...

A multi-million pound fund has been set up by the Scottish Government to help the energy sector recover from the dual economic impacts of coronavirus and the oil and gas price crash...

With uncertainty and mounting challenges on the horizon for the oil industry, many rig owners are already - or will soon - be facing the question of whether or not it is time to stack their offshore drilling rigs...

CNOOC Limited announced that Qinhuangdao 33-1S oilfield phase I project has commenced production. A total of 13 producing wells are planned, including nine production wells and four water injection wells...

The Norwegian Petroleum Directorate issued a drilling permit for the two-well campaign, which will be performed Odjfell’s Deepsea Yentai after the semisubmersible finishes drilling production wells on the Duva field, also operated by Neptune.

Equinor and Aker BP have entered into an agreement on commercial terms for a coordinated development of the licenses Krafla, Fulla and North of Alvheim on the Norwegian Continental Shelf...

DNV GL and ABB have signed a new Memorandum of Understanding to accelerate digitalization in the maritime industry. The agreement was signed remotely in an online ceremony...

The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team continues to monitor offshore oil and gas operators in the Gulf as operators resume operations on platforms and rigs following Tropical Storm Cristobal...