The anticipated upcycle in deepwater drilling has been deferred to 2026 or later due to factors like FPSO lead times, ...

Norwegian oil and gas company Aker BP has drilled a dry wildcat well in the Bounty Updip prospect in the Norwegian Sea.The ...

CNOOC Limited made major technological breakthroughs in this project and significantly enhanced the development efficiency of offshore super heavy oil'.

Research shows that Europe's big polluters have handed shareholders, not clean energy, most of their profits – now they want ...

Valaris retires rigs, announces new contracts. Find the latest news from the maritime industry on the PortNews website.

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Valaris Ltd has announced several fleet rationalisation actions and issued a Fleet Status Report.

Bermuda-based drilling contractor Valaris has decided to retire three semi-submersible rigs from its global fleet and focus ...

Aker BP and its partners have discovered a dry well in the Njargasas prospect of Norwegian North Sea. The wildcat well ... was operated by the Odfjell rig Deepsea Nordkapp. Located north of ...

A new report criticises the response to the deaths in 1980 of 123 North Sea oil rig workers. The charity agrees to pay £300,000 to the RNLI after campaigners climbed onto a floating production ...

Norwegian oil and gas firm Aker BP and its partners have drilled a dry well in the North Sea offshore Norway ... This was the first well in the license, and it was drilled by the Odfjell rig Deepsea ...