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Borr Drilling Limited, the oilfield services company, has reported a net loss of $46.1 million in the fourth quarter of 2021. That is an increase of $13.5 million compared with the loss in the third quarter last year, the Bermudian-based company said...

Offshore drilling services leader Valaris Limited, the Bermuda exempted company, has been awarded two one-well contracts with subsidiaries of Murphy Oil Corporation for semi-submersible Valaris DPS-5. The company said the first contract is in the US ...

Bermudian-based offshore drilling company Valaris Limited has been awarded four contracts for work in the Gulf of Mexico, offshore Australia and the North Sea. A one-well contract with Kosmos Energy in the US Gulf of Mexico for semi-submersible Valar...

Bermudian-based Borr Drilling Limited, the oilfield services company, has secured a contract for the premium jack-up drilling rig Norve with BW Energy for work in Gabon. The company said the contract was expected to commence in the second half of 202...

Bermudian-based Valaris Limited, the offshore drilling services company, has appointed Anton Dibowitz as president and chief executive officer. Mr Dibowitz, who has been serving as interim president and chief executive officer of Valaris since Septem...

Bermuda-based offshore drilling company Seadrill Limited has announced that a new, independent, seven-member board of directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. The company said th...

Borr Drilling Limited, the Bermuda-based oilfield services company, has announced a net loss of $32.6 million for the third quarter. The company said its preliminary unaudited results for the quarter are an improvement of $27.3 million compared to th...

Bermudian-based Nabors Industries Ltd has been selected as the new preferred drilling contractor by Chesapeake Energy Corporation of Oklahoma. Nabors said that both companies have contributed significantly to advancing the industry's digital maturity...

Bermuda-based Valaris Limited, the offshore drilling services company, has been awarded a contract with Petrobras offshore Brazil for the drillship Valaris DS-4. The company said that the contract is for a minimum term of 548 days, and it is anticipa...

The world’s first fully automated land drilling rig has completed its first well, according to Nabors Industries Ltd, the company with its principal executive office in Hamilton. The global oil and gas drilling contractor said that its PACE-R801 rig ...

Bermuda-based Höegh LNG Partners LP has agreed to charter the Höegh Gallant for a period of ten years. The floating liquefied natural gas service provider said the charter with a subsidiary of New Fortress Energy Inc is planned to begin during the fo...

Bermuda-based Valaris Ltd, the offshore drilling services company, has been awarded three jack-up contracts. Valaris said that a contract with TAQA offshore the Netherlands for Valaris JU-123, a heavy-duty harsh-environment jack-up, is expected to be...