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Wednesday, 20 March 2019 03:03

US Lease Sale a Test for Drilling Demand

The Trump administration will hold its fourth major auction for oil and gas leases in the U.S. Gulf of Mexico…
Wednesday, 13 March 2019 19:50

Rowan Rig Wins Repsol's Guyana Well Order

The offshore drilling contractor Rowan announced that Repsol Exploracion Guyana, a unit of Spanish energy major Repsol, has signed a…
Rates for hiring offshore rigs to drill in ultra deepwaters such as the U.S. Gulf of Mexico could double over…
Drilling rig contractor Maersk Drilling, which will soon list on the Copenhagen stock exchange, said the offshore drilling market is…
Thursday, 21 February 2019 18:58

FPS Market in Americas to Grow 7%

The floating production systems (FPS) market in Americas will register a CAGR of almost 7% by 2023, said a study.…
Thursday, 21 February 2019 04:25

Turkey Set to Begin Drilling off Cyprus

Turkey will begin drilling for oil and gas near Cyprus in coming days, state-owned news agency Anadolu reported Foreign Minister…
Tuesday, 19 February 2019 19:11

KCA Deutag Wins Multiple Drilling Contracts

Global drilling and engineering contractor KCA Deutag (KCAD)  has been awarded new contracts and contract extensions worth $110m to perform…
Tuesday, 12 February 2019 17:26

Velesto Gets Contract Extension from Hess

Malaysian drilling contactor Velesto Drilling said that the oil company Hess Exploration and Production Malaysia has extended the contract for…
U.S. oilfield services giant Schlumberger has withdrawn its bid for a stake in Russia's Eurasia Drilling Company (EDC) Russia's Federal…
A French court has rejected an urgent request by environmental groups including Greenpeace and Surfrider Foundation Europe to deny oil…
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