Offshore driller Valaris has completed the sale of a shallow-water rig and secured additional work in the UK North Sea for ...

Equinor ASA EQNR, the Norwegian energy major, has obtained a key drilling permit for an exploration well in the Norwegian North Sea, signaling continued momentum in offshore energy activity. The ...

Equinor ASA EQNR, a Norwegian integrated energy company, has secured drilling permits from the Norwegian Offshore Directorate to drill two wildcat wells in the North Sea. Wildcat wells are exploratory ...

The acquisition will give KCA the largest platform drilling operator in the UK a leading position with a Norwegian platform drilling market share of about 30%. KCA Deutag will also get its hands on ...

The boss of Britain’s biggest energy provider has backed calls for drilling in the North Sea. Greg Jackson, the chief executive of Octopus, said homegrown fossil fuels should continue to play a key ...

Petrofac’s board has lined up Teneo to act as administrator, a move which could be triggered as early as Monday morning and ...

Modern offshore oil rigs are engineering wonders designed to accommodate massive crews and operate in some of the most hostile environments on Earth. As the demand for oil drives exploration into ...

North American drilling activity increased the week ended Sept. 5, with a total of 718 rotary rigs working in the US and Canada, Baker Hughes officials reported Friday. An increase in rigs in Canada ...

The Trump administration is proposing to auction offshore oil drilling leases across new portions of the U.S. coast as soon ...

Despite a year-over-year decline, the North American drilling rig count increased by 7 this week, reaching 725. Oil rigs in Canada increased by 3, while the US added 2 oil-directed rigs. The drilling ...