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Drilling & production

Premier Oil confirms refinancing discussions with Chrysaor

The company has confirmed that it has been in discussions with a number of third parties, including Chrysaor, regarding alternative forms of transactions to secure the long-term refinancing of the Group’s debt facilities.

Weatherford appoints new CEO

Effective 12 October 2020, Girish K. Saligram will be the company’s President and CEO.


Schlumberger, IBM and Red Hat announce hybrid cloud collaboration

The joint initiative will provide global access to Schlumberger’s exploration and production (E&P) cloud-based environment and cognitive applications by leveraging IBM’s hybrid cloud technology, built on the Red Hat OpenShift container platform.

More Drilling & production news

Zenith Energy expands Tunisian portfolio

The company has acquired a working interest in the North Kairouan permit and the Sidi El Kilani concession, which contains the Sidi El Kilani oilfield.

Valaris files for Chapter 11 restructuring

Valaris has reached an agreement with approximately 50% of its noteholders on a prearranged plan that would reduce debt by more than US$6.5 billion.

Aker BP extends contract for low-emission rig

In direct continuation of its previously announced work scope, the Maersk Integrator rig will move to the Ula field offshore Norway in April 2021 to drill the Ula F – Producer 1 well.