Turkey plans to begin its first-ever overseas deepwater drilling campaign off Somalia in early 2026, marking a major step in ...

Deepwater drilling is becoming increasing important in the oil and gas (O&G) industry as shallower reserves are depleted. According to Global Energy Monitor’s Global Oil and Gas Extraction Tracker, in ...

As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the ...

Turkey will send a drilling vessel to Somalia in February to carry out the country's first deepwater exploration project ...

Noble Corp. (NYSE:NE) +2.8% in Monday's trading as CEO Robert Eifler said in a Bloomberg interview that dayrates for deepwater drillings rig could climb to $600K if demand from oil companies continues ...

Offshore rig contractor Noble Corporation’s NE CEO, Robert Eifler, recently shed light on the future of deepwater drilling, predicting that dayrates for rigs could rise to $600,000 per day by 2026.

Occidental Petroleum and Ecopetrol plan to drill Komodo-1, the world's deepest offshore oil well, off Colombia's waters, reaching a depth of 3,900 meters. Improvements in marine-seismic technology ...

ALBAWABA - Turkey is set to embark on its inaugural overseas deepwater energy exploration, with a drilling vessel slated for ...

The White House announced today that all new deepwater drilling will require environmental reviews. What’s that you say? You assume an activity as transparently fraught with danger and risk as ...

Contract drilling revenue guidance for Q2 2025 is expected to be between $970 million and $990 million, supported by higher activity levels and improved revenue efficiency. Full-year 2025 revenue is ...

Rystad: offshore oil and gas investment to reach $104 billion in 2024. The Financial Times reported this week that in 2025, offshore oil will account for more non-OPEC oil supply than U.S. shale oil.

Progression from trainee to independent deepwater coverage typically adds $150–$300/day. Moving to lead on complex wells (HP/HT, narrow ECD window, synthetic/oil-based systems) can add $200–$400/day ...