Offshore drilling contractor Seadrill Limited on March 12 announced a leadership change, effective immediately. that saw EVP and CCO Samir Ali appointed president and CEO, succeeding Simon Johnson. “The board is confident
Offshore drilling contractors Transocean Ltd (NYSE: RIG) and Valaris Limited (NYSE: VAL) have signed a definitive agreement to combine the two companies under a deal that will see Transocean acquire Valaris in
The Bureau of Ocean Energy Management (BOEM) today announced two major steps toward expanding offshore energy development pursuant to the One Big Beautiful Bill Act. The agency released the Final Notice of
The National Ocean Industries Association (NOIA) has released Gulf of America Forward, a comprehensive new report and digital platform showcasing the Gulf of America as one of the world’s most valuable and
Kongsberg Maritime has signed a long term development program framework agreement with offshore drilling contractor Noble Corporation. The focus is on the joint development, piloting, and commercialization of solutions to enhance operational
North Carolina Gov. Josh Stein and South Carolina Gov. Henry McMaster yesterday called on the Trump administration to maintain its moratorium on offshore drilling off the North and South Carolina coasts. Gov.
In a sign of the continuing uptick of offshore drilling activities in a number of regions, Borr Drilling Limited [NYSE and OSE: BORR] today reported new contract commitments for three of its
Yesterday’s Gulf of Mexico Oil and Gas Lease Sale 261 generated $382,168,507 in high bids for 311 tracts covering 1.7 million acres in federal waters of the Gulf of Mexico. A total
As previously announced, offshore driller Seadrill Limited (NYSE & OSE: SDRL) has decided to close its London, England, office and consolidate its corporate office in Houston. Someone who won’t be making the
In another sign of strength in the offshore drilling market, John Fredriksen associated SFL Corporation Ltd. (NYSE: SFL) reported today that it has signed a drilling contract in Canada with a subsidiary
