The Norwegian Offshore Directorate has granted Vår Energi a drilling permit for a wildcat well in the North Sea.The permit is ...

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

Equinor has made a discovery 17 km west of the Troll field in the North Sea. The discovery is currently estimated at 2 – 12 ...

The world's worst offshore disaster was on the Piper Alpha rig in 1988 when 167 men died. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea.

Equinor Energy AS drilled two dry wells (Kvernbit, Mimung) in the North Sea. Exploration well 35/10-14 S and 35/10-14 A, drilled by the Deepsea Stavanger rig, were the first to be drilled in ...

Offshore drilling contractor Seadrill has completed the sale of the jack-up rig West Prospero for $45 million.The West ...

The bearish sentiment that has ruled oil markets in 2024 has taken a toll on the offshore sector as traders worry whether oil ...

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The global drilling jars market size was valued at USD 1.27 billion in 2024 and is projected to grow from USD 1.35 billion in 2025 to reach USD 2.15 billion by 2033, exhibiting a CAGR of 5.85% during ...

Week on week, Canada’s gas rig count increased by three and its oil rig count increased by one, the count showed. The total North America ... “On average, drilling activity in the basins ...

The total number of active drilling rigs for oil and gas in the United States stayed the same again this week, according to new data that Baker Hughes published on Friday, after seeing no change ...