Last month, ADES International Holding made an offer to acquire all shares in Shelf Drilling via a cash merger arrangement. Following completion of the transaction, which Shelf Drilling management has approved, the latter would be de-listed from the Oslo …

US independent Murphy Oil has secured two jack-up drilling rigs for separate exploration and development programmes in Vietnam. The company has contracted the jack-ups Hakuryu-11 and Hakuryu-14 owned by Japan's Eneos Drilling, the drilling company said …

Indonesia’s national oil and gas company Pertamina is in the market for an offshore drilling rig, which it wants to charter from 1 September. Upstream subsidiary Pertamina Hulu Mahakam (PHM) has invited contractors to tender for a contract to provide a …

Shana also reported that programs have been completed on 16 platforms, while another is in progress. The remainder should be finished by the end of October. POGC is responsible for supplying more than 70% of Iran’s gas needs and more than 40% of its …

… around the perimeter of the offshore rig. Its buoyancy would be maintained …

Ottawa, July 31, 2025 (GLOBE NEWSWIRE) -- The global remote operated vehicle (ROV) market size stood at USD 2.27 billion in 2025 and is projected to reach USD 5.56 billion by 2034, according to a study published by Towards Automotive, a sister firm of …

By Doug Lothian, Zelim   Offshore energy operators are beginning to adopt AI-based detection systems to enhance safety and reduce the risk of man overboard (MOB) incidents, and there is a growing industry appetite for using machine learning to support …

… a count of 118. The offshore rig count remained at 13 and …

… exposure or environmental hazards for offshore rigs. Insurance Documentation and Risk Structuring …

Created: May 06, 2025 03:46 PM (Updated: May 06, 2025 03:46 PM) Offshore drilling company, the Bermuda headquartered Valaris Ltd has agreed to sell its jack-up rig Valaris 247 to BW Energy for approximately $108 million in cash. The sale is expected to …