Offshore driller Ocean Rig has announced it has reached a deal with South Korean shipbuilder Samsung Heavy Industries to postpone the delivery of the newbuild drillship Ocean Rig Santorini b… Read More

Video footage obtained by DeSmog shows an offshore oil drilling incident in which heavy equipment fell from a drillship onto an oil and gas wellhead deep below the ocean’s surface.&nb… Read More

By Tiffany Kary (Bloomberg) — A battle of so-called bankruptcy tourists is erupting in New York court. On Thursday, New York bankruptcy Judge Martin Glenn holds a hearing in the long f… Read More

Total is holding onto a Transocean ultra-deepwater drillship in Angola for more than another three years, with Eni also taking a unit from the rig owner there. French supermajor Total had al… Read More

Offshore drilling contractor Transocean has decided to walk away from two drillships under construction at South Korea’s Samsung Heavy Industry. In a statement on Tuesday, the Switzerl… Read More

It was Thursday, October 22, 2020, when the crew aboard the Transocean Deepwater Asgard, an ultra-deepwater rig in the Gulf of Mexico, started monitoring a weather disturbance in the nearby… Read More

By David Wethe (Bloomberg) –Noble Corp., the offshore drilling contractor, filed for bankruptcy after the crash in crude prices made undersea oil wells too expensive to compete. The Ch… Read More

A Maersk drillship has broken the world record for the deepest water depth for an offshore oil rig after spudding a well located more than two miles below the surface of the ocean… Read More

UK independent Chariot Oil & Gas's eagerly anticipated well offshore Namibia was dry. The company said October 11 that its Prospect S deepwater well, which was drilled by the Ocean… Read More