Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is…
Singapore's Temasek Holdings is finalizing the sale of some assets from liquefied natural gas (LNG) trading firm Pavilion Energy to Shell with a deal set to be completed in the coming days, two sources with knowledge of the matter said.The deal will provide Shell…
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…
The Norwegian Offshore Directorate has granted OMV's Norwegian subsidiary a drilling permit for a wildcat well in the Norwegian Sea.The permit is for the exploration well 6605/6-1 S in production license 1194.OMV Norge is the operator of the…
Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig Analytics Market Roundup.Report SummaryContractsEquinor has exercised an option to extend the use of Odfjell Drilling’s 10…
Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…
Offshore drilling contractor Borr Drilling has secured work for three of its premium jack-up rigs, bringing in $158.6 million to the company.The new contracts are for the Prospector 1, Gunnlod, and a rig to be determined. The commitments total 820 days and $158…
The Norwegian Offshore Directorate has granted Wintershall Dea Norge a permit for a drilling operation in the North Sea that will be conducted using Transocean Norge rig.The permit is for a wildcat well 35/11-27 S in production license 248.Wintershall Dea is the operator of the license with 60%…
Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company…
Classification society ABS said it has granted an approval in principle (AIP) to OceanSTAR Marine & Offshore Investment Pte. Ltd., for its newbuild floating storage and offloading (FSO) design.The OceanSTAR FSO-01 is a shipshape hull design…
Northern Offshore Services (N-O-S), part of Northern Offshore Group (N-O-G), has integrated Mareel within the company as N-O-S Ltd, simultaneously adding its 16 crew transfer vessels (CTV) to the fleet.The move marks an important step toward…
Esgian has released its Week 5 Rig Analytics Market Roundup saying it was the week of rig moves, as several units completed their respective campaigns and moved on to ports either to wait for new assignments or to prepare for upcoming jobs. Meanwhile…
Liberty Green Logistics LLC, an offshore wind supply chain company, acquired Renewable Strategy Ltd. (RSL), a digital platform offering marine coordination software, asset monitoring, emissions tracking, personnel records tracking, Global Wind Organization (GWO) training…
Yinson is aiming to leverage advanced carbon capture technology to reduce greenhouse gas emissions from its FPSO operations.The company announced its Yinson Production Offshore Pte Ltd arm has made a strategic investment in Ionada, developer of innovative carbon capture technology…
BrasFELS Shipyard, a member of the Seatrium Group, announced it has secured a contract from Offshore Frontier Solutions Pte. Ltd, a MODEC Group company, to undertake parts of the topside modules fabrication of a floating production storage and offloading (FPSO) for the Raia project in Brazil…