Brazilian state-run oil firm Petrobras said on Friday its board approved an agreement to settle a U.S. court dispute with EIG ...

Truly what it sounds like, a drillship is a marine vessel that's been modified to drill oil and gas wells. While drillships look similar to a tanker or cargo vessel, there are a couple of major ...

Conoco and R&B Falcon Corp. announced Deepwater Pathfinder - a first-of-its-kind, ultra-deepwater drillship - began a five-year work program in the Gulf of Mexico. The ship, the first new build ...

Brazil's oil regulators have temporarily halted several drillship operations, potentially impacting the country's expected ...

Petróleo Brasileiro S.A. - Petrobras PBR recently launched a new drilling campaign in Brazil’s largest pre-salt region to assess a promising discovery of significant oil reserves. Petrobras initiated ...

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...

Seadrill won the drillship contract following a rigorous bidding process. The contract has a duration of 1,095 days and is expected to contribute approximately $498 million to its order backlog.

The Sagittarius 1-X well targeted upper cretaceous formations, encountering a hydrocarbon reservoir with no water contact.

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Karim Badr, Egypt's Minister of Petroleum and Mineral Resources, has announced the resumption of development activities at ...

PETALING JAYA: Velesto Energy Bhd has tendered for a deepwater drillship project and plans to be more asset light this year, according to TA Research. Following a recent briefing for analysts ...