Oil majors Chevron and Shell have worked out a farm-out agreement for Block 5, located offshore Suriname.

After slowly climbing up for two weeks, the number of offshore rigs in the U.S. stopped its upward movement and remained flat at 13 last week, based on Baker Hughes’ weekly rig count report from last Friday.

The number of offshore rigs in the U.S. continues its slow and steady upward progress, based on Baker Hughes’ weekly rig count report from last Friday.

Oil major BP has confirmed that five crew members on its platform off the UK have tested positive for Covid-19 and have been flown to shore. As a precaution, BP will retest all remaining crew on the platform.

Norwegian oil and gas company Aker BP has started drilling operations on its Mugnetind exploration well located offshore Norway, using a Maersk Drilling-owned jack-up rig.

Norwegian energy giant Equinor has added an additional well to a contract for the Odfjell Drilling-owned Deepsea Stavanger, which will see the rig busy into 3Q 2022.

Velesto Drilling’s contract with ConocoPhillips in Malaysia for the NAGA 7 jack-up rig is considered terminated following an incident earlier this year in which the rig tilted and submerged, resulting in a total loss of the asset.