Shelf Drilling Ltd (SHLLF) reports robust contract awards and strategic partnerships, despite facing challenges with rig suspensions and a decreased cash balance.

The Jack-Up Rig is developing and expanding at a significant pace. The Jack-up Rig is fundamentally a mobile platform that is utilized as exploratory drilling platform & offshore platform which ...

Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North Sea. Aker BP ASA has been granted a permit by the Norwegian Offshore Directorate to drill in the North ...

APA Corporation has the lowest valuation metrics among its peers and has a strong capital return policy. See why APA stock is ...

The Thor rig received a binding letter of award from Vietsovpetro in Vietnam for a three-well programme, expected to commence ...

It also owns the Forties Pipeline System, which links North Sea rigs with the mainland. Ministers are planning to axe the Windfall Tax, but not until 2030. Earlier this month it launched a ...

This week's offshore rig review looks at the very active licensing rounds in the UK and Norway and how they could lead to growth in North Sea drilling. The last two weeks have been rather busy in ...

A tiny UK airport - that played a crucial role in the Second World War - currently operates with just one commercial route.

The UK’s first carbon dioxide (CO2) injection test for Carbon Capture and Storage (CCS), has been successfully completed in ...