Latest News - page 306


Noble Corporation and Diamond Offshore Enter Merger Creating 41 Rig Units Fleet

Jun 10, 2024

Noble Corporation has entered into a definitive agreement to acquire Diamond Offshore, creating a fleet of 41 rigs - including 28 floaters and 13 jack-ups, and a combined backlog of approximately $6.5 billion.Noble will acquire Diamond in a stock plus cash transaction…

Seatrium to Build HVDC System for TenneT’s Offshore Grid Project

Jun 09, 2024

Seatrium and GE Vernova have been awarded a third contract by TenneT TSO B.V. (TenneT) for the construction of a 2-gigawatt (GW) High Voltage Direct Current (HVDC) electric offshore transmission system in the Netherlands.The project is slated to begin in June 2024…

Esgian Week 23 Report: Semisub Action in Norway, Australia

Jun 09, 2024

Esgian provides an update on semisub activities in Norway and Australia in its Week 23 Rig Analytics Market Roundup.Report SummaryContractsTransocean has announced contract fixtures for three harsh environment (HE) semisubmersibles. Together…

BOEM Advances Offshore Wind in Central Atlantic

Jun 09, 2024

The US Bureau of Ocean Energy Management (BOEM) has announced the availability of its final Environmental Assessment (EA), which considers possible impacts from issuing leases for potential offshore wind development off the Delaware, Maryland…

New Zealand to Introduce Bill to Reverse Oil and Gas Exploration Ban

Jun 09, 2024

New Zealand's government said on Sunday it would introduce legislation to remove a controversial ban on offshore petroleum exploration to attract investment to the country's oil and gas sector.The bill would end the ban, in place since 2018…

Germany to Build More Offshore Wind than Originally Planned

Jun 07, 2024

Germany plans to build more wind turbines in the North and Baltic seas than originally planned, a draft plan by the maritime authority showed on Friday, as Berlin aims to have 70 gigawatts of offshore wind energy by 2045.Germany's Maritime and…

Gasunie Opts for Mokveld Zero-Emission Valves

Jun 07, 2024

Mokveld Valves, a Dutch manufacturer of control and safety valves, has secured a long-term agreement with compatriot natural gas infrastructure and transportation company Gasunie for the supply of its zero-emission valves.A formal market consultation…

Gas Flow from Norway to Britain Resumes after Repair

Jun 07, 2024

The flow of Norwegian gas to northern England via the Langeled pipeline resumed on Friday, live data from Britain's system operator National Gas showed following a June 2 outage that triggered renewed concerns over energy security in Europe…

Egypt to Issue Tender for at Least 15 LNG Cargoes to Cover Summer Demand

Jun 07, 2024

Egypt plans to issue a buy tender seeking 15-20 cargoes of liquefied natural gas (LNG) to cover heavy summer demand that had led to a wave of rolling blackouts and forced temporary shutdowns of chemical and fertilizers plants, four industry sources told Reuters…

Nexans Acquires Italian Cable Company

Jun 07, 2024

French subsea power cable maker Nexans has completed the acquisition of La Triveneta Cavi, an Italian medium and low-voltage cable company.The acquisition is a significant leap forward in Nexans’ strategy to become an electrification pure player…

Jumbo Offshore Completes Monopile Removal Job in Taiwan

Jun 07, 2024

Dutch heavy lift shipping and offshore transport and installation contractor Jumbo Offshore has completed the removal of two monopiles on the Yunlin offshore wind farm in Taiwan.The Jumbo Offshore crew carried out the work by deploying its DP2…

Six Innovators Selected to Advance New York’s Offshore Wind Potential

Jun 07, 2024

The Offshore Wind Innovation Hub, led by Equinor, has selected six companies that will receive support to further develop their ideas and advance offshore wind’s potential in New York.Six companies were selected from a pool of 78 applicants…

Vallourec Reels In Major Petrobras Contract for Tubes and Services Supply

Jun 07, 2024

France-based tubular solutions supplier Vallourec has secured a contract to supply Petrobras with carbon steel tubes and accessories to be used in various offshore development wells, mainly off the Brazilian coastline.Vallourec will supply 1…

BOEM Clears Way for Central Atlantic Offshore Wind Leases

Jun 06, 2024

The Bureau of Ocean Energy Management (BOEM) issued on Thursday its final environmental analysis that found 'no significant impacts' from leasing Central Atlantic coastal areas for potential offshore wind development off the Delaware, Maryland…

Murphy Oil Extends Noble Drillship in the Gulf of Mexico

Jun 06, 2024

Murphy Oil Corporation has exercised its option for the drillship Noble Stanley Lafosse to drill five additional wells in the Gulf of Mexico.The extension is expected to span one year and has an estimated contract value of $177 million, according to Noble Corporation…

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