Latest Offshore Drilling News

Karoon Energy has concluded drilling at the Who Dat West exploration well, reaching its target depth but finding no significant hydrocarbons. The joint venture now shifts focus to development options for prior discoveries in the area.

Matrix Composites & Engineering has landed a new A$7 million contract to supply a deepwater drilling riser buoyancy system to Stena Drilling, reinforcing its leadership in the subsea buoyancy market amid a recovering drilling sector.