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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...

A Sustainability Report and Environmental, Social and Governance (ESG) Position Statement developed by Bermuda-based Valaris Limited have been endorsed by the company’s executive management team and the ESG committee of its board of directors. The of...

Bermuda-based SFL Corporation Ltd has agreed to acquire three Suezmax tankers in combination with long-term time charters to a world-leading commodity trading and logistics company. SFL said the vessels, built in 2019, have the latest eco-design feat...

Bermuda-based Teekay Corporation has contracted with the Australian Department of Defence to provide marine services for five government vessels for a firm period of six years, with options to extend for up to an additional 10 years. Under the contra...