Oil rig news

The Yggdrasil and Valhall PWP-Fenris offshore development project which are to be built on the Norwegian Continental Shelf has entered into the construction phase.

Wintershall Dea and its partners Petoro and Sval Energi have successfully installed an additional subsea template on the seabed at Haltenbanken on the west coast of Norway.

Equinor has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.

Southeast Asia's renewable investment to top US$76 billion by 2025, boosting energy independence and competitiveness.

SFL has announced that it has signed a drilling contract in Canada with a value of approximately US$100 million.

Chesapeake Energy Corporation has announced that it has executed an agreement to sell its remaining Eagle Ford assets to SilverBow Resources, Inc. for US$700 million.

Archer has secured a US$165 million Repsol Sinopec contract for P&A decommissioning in the Fulmar field and the Halley field.

Wood has been awarded a contract extension by Woodside Energy to support ongoing operations of the North West Shelf project in Australia.

Odfjell drilling has announced the signing of two rig contracts and a strategic collaboration agreement with Equinor for operations in the North Sea.

Equinor Energy AS, has completed the drilling of wildcat well 31/2-24. The well was drilled about 3 km west of the Troll field in the North Sea and about 115 km Northwest of Bergen.