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 …

With offshore rig utilisation set to fall in … turmoil injecting uncertainty into the offshore rig market, with oil developers slow …

… and energy projects — LNG facilities, offshore rigs and fleet finance syndicates — new …

… cost tens of millions in offshore rig hire, logistics, and services. 21 …