BP awarded the Mykonos a contract in Brazil, while the Enabler won a Norway extension after three one-well options were ...

Turkey plans to begin its first-ever overseas deepwater drilling campaign off Somalia in early 2026, marking a major step in ...

In Brazil, the Deepwater Mykonos was awarded a contract with bp. The estimated 302-day campaign is expected to begin in the third quarter of 2026 and contribute approximately $120 million in backlog, ...

In Brazil, BP has secured the ultra-deep water drillship Deepwater Mykonos for a 302-day campaign expected to begin in the ...

ALBAWABA - Turkey is set to embark on its inaugural overseas deepwater energy exploration, with a drilling vessel slated for ...

Deepwater drilling is becoming increasing important in the oil and gas (O&G) industry as shallower reserves are depleted. According to Global Energy Monitor’s Global Oil and Gas Extraction Tracker, in ...

Turkey plans its first overseas deepwater drilling in Somalia next month, focusing on energy exploration and diversification.

As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the ...

Occidental Petroleum and Ecopetrol plan to drill Komodo-1, the world's deepest offshore oil well, off Colombia's waters, reaching a depth of 3,900 meters. Improvements in marine-seismic technology ...

Contract drilling revenue guidance for Q2 2025 is expected to be between $970 million and $990 million, supported by higher activity levels and improved revenue efficiency. Full-year 2025 revenue is ...

Noble Corp. (NYSE:NE) +2.8% in Monday's trading as CEO Robert Eifler said in a Bloomberg interview that dayrates for deepwater drillings rig could climb to $600K if demand from oil companies continues ...

The White House announced today that all new deepwater drilling will require environmental reviews. What’s that you say? You assume an activity as transparently fraught with danger and risk as ...