Odfjell Drilling, with a market capitalization of $1.35 billion, reported a strong financial performance for Q4 2024, with operating revenue reaching $204 million and a net profit of $15 million. The ...

Danish offshore wind installation firm Cadeler has signed a vessel reservation agreement with Ocean Winds for the installation of the wind turbine generators at BC-Wind offshore wind farm in the ...

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An icon of a desk calendar. An icon of a circle with a diagonal line across. An icon of a block arrow pointing to the right. An icon of a paper envelope. An icon of the Facebook "f" mark. An icon ...

Investors are eagerly awaiting upcoming drilling in March of Strickland Metals' Gradina target in Serbia as the prospect continues to emerge as a potential high-grade gold development opportunity.

It is widely reported that the long-term outlook for the global OSV fleet continues to strengthen due to an increased need to secure reliable energy sources. This requirement has prioritised offshore ...

Aberdeen became the oil capital of Europe and an estimated half a million jobs were created by the industry over the decades. The world's worst offshore disaster was on the Piper Alpha rig in 1988 ...

French supermajor TotalEnergies has signed a deal with Aberdeen-headquartered Stena Drilling for the charter ... the bidding stage” to contract a rig to spud the Macaw-1 prospect in Block ...

The total number of active oil and gas drilling rigs in the US decreased by four to 576. US crude oil production fell to 13.477 million bpd, down from 13.481 million bpd the previous week.

Gas-directed rigs increased by 1 to 99. A year ago, 119 units were drilling for gas. The number of rigs drilling on US land was down 4 units to 560. The horizontal rig count is down 4 units to 511 ...

“We’ve spent the last two years collecting very detailed, three-dimensional seismic data . . . We’ve identified several large prospects, and the next stage is to bring in a drilling rig and to test ...

More than seven in 10 Scots back drilling in the North Sea to reduce ... Russell Borthwick, chief executive of the Aberdeen and Grampian Chamber of Commerce, said: “A common sense approach ...