The three-year contract is scheduled to start in Q3 2026 and includes two optional one-year extension periods.

The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilize ...

EnQuest let a 3-yr contract for drilling on Magnus in the UK North Sea. The contract is scheduled to start in third quarter 2026. EnQuest PLC has let a 3-yr contract to Odfjell Technology for drilling ...

Equinor Energy AS has been granted a drilling permit for wildcat well 34/10-56 S in the North Sea by the Norwegian Offshore ...

Badenoch’s “drill, baby, drill” pledge seems to rely on the assumption that energy companies are chomping at the bit for vast ...

Exciting news!  Equinor has received the green light to drill a wildcat well in the North Sea using the COSLInnovator rig.

Harbour Energy and its partners in the Catcher oilfield in the UK North Sea have extended until the end of 2030 the contract for the leased production facility on the field. The production facility is ...

The US and Iran are negotiating to reopen the Strait of Hormuz, a move critical to preventing a $200 oil spike and a global ...

Oil hits $150 while Britain’s iconic Forties field powers down. Explore the billion-pound gamble over the future of the North ...

Crews on an oil rig in the open sea found two rabbits darting around the platform. They acted fast and searched the facility, ...