This achievement marks Shell's first wellhead platform in the country powered by a combination of solar and wind energy sources, underlining the company's commitment to sustainable practices.

As a response to the challenging market conditions, Borr Drilling extended a short-term contract for its Prospector 1 rig in the North Sea, but Schorn referred to this as a "bridge" until more favorable long-term commitments can be secured in other regions.

Transocean Ltd. experienced a rise in revenue to $729 million during the second quarter - However, it still reported another quarter of net losses.

Offshore drilling contractor Borr Drilling has been awarded letters of award (LOA) for two premium jack-up drilling rigs, strengthening the company's firm backlog by approximately 421 days, excluding optional periods.

While specific details about the discovery have not been disclosed, Ithaca Energy confirmed the presence of hydrocarbons in the reservoir within the Forties member sandstones, boasting an impressive 45 feet of net thickness.

Kistos holds a 60% operated working interest in the license, while its partner EBN holds the remaining 40% interest.

Earlier this year, Valaris secured a one-well contract with Petrofac for the Valaris 121 heavy-duty harsh environment jack-up rig in the UK North Sea.

The decision comes after an incident involving the floating storage and offloading vessel stationed at the field, which deviated from its intended position and made contact with the field's catenary anchor leg mooring buoy.

This partnership establishes Maersk Training as the strategic and primary training provider for Sapura Drilling's tender-assisted drilling rig fleet.

Oil and gas company Neptune Energy has extended a contract for the use of the Deepsea Yantai semi-submersible drilling rig in Norway.