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Highlights

Cautious optimism as offshore markets show positive signs: Clarkson

May 17, 2021

Offshore markets may finally be turning a corner, according to Clarkson’s weekly update.

Foresight anticipates upturn in offshore drilling business

Jan 04, 2021

Dr Ravi K. Mehrotra’s diversified Foresight Group has appointed industry veteran Alok Jha as its global head of...

Energean completes acquisition of East Mediterranean energy firm

Dec 23, 2020

London-based Greek-owned company Energean has completed its acquisition of Edison Exploration & Production SpA...

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Awilco contests Keppel’s decision to terminate $425m drilling rig construction contract

Dec 07, 2020

Oslo-listed Awilco Drilling is contesting Singapore-based Keppel FELS’ unilateral decision to terminate a contract for the construction of a semi-submersible drilling rig worth about $425m.

Trump extends Florida offshore drilling ban

Sep 10, 2020

In a surprising turn of events, President Donald Trump signed a Presidential order extending an existing oil drilling ban off the Florida Gulf coast, out 10 years, to 2032.

COVID-19 to delay Cyprus offshore drilling

Apr 17, 2020

Cyprus Energy Minister Giorgos Lakkotrypis expects the COVID-19 pandemic to affect scheduled drilling in Cyprus’ Exclusive Economic Zone (EEZ), after Exxon Mobil informed the government they will be delaying a planned drill in their block 10...

Keppel delivers first rig of the year to Borr Drilling

Jan 17, 2020

Singapore shipyard group Keppel Offshore & Marine has delivered its first rig newbuilding of the year to Borr Drilling.

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