Offshore drilling firm Valaris said this week it has recently secured offshore drilling contracts and extensions worth $466 million in total, with the majority of the new backlog filled by a $327 million drillship deal with Equinor in Brazil. The company CEO Anton Dibowitz said he saw a constructive outlook for the offshore drilling industry, as evidenced by recent contract awards for both floaters and jackups across several geographies…
Offshore drilling contractor Valaris said Wednesday it had recently secured offshore drilling rig contract wins and extensions worth about $150 million in total, the figure which does not include lump sum payments like mobilization fees and capital reimbursements…
Norwegian energy firm Equinor has selected the engineering firm DORIS to provide Owner’s Engineering services under a Master Services Framework Agreement for offshore wind and low-carbon projects. Across the five-year agreement, DORIS will provide…
Covington, La. based marine engineering firm Baker Marine Solutions has unveiled a new service operation vessel (SOV) design for the U.S. offshore wind industry.The new 275-foot (LOA) BMS 1776 is designed be built in the U.S. to ABS class standards and is fully certified to operate in U…
The United States Coast Guard issued the following Marine Safety Alert rergarding Dynamic Positioning Systems.Dynamic positioning (DP) systems1 meeting equipment class 2 (DP2) and equipment class 3 (DP3) have control features and redundancies…
Radix Engineering and Software has closed a R$49 million (~$9.5 million) contract with Petrobras in Brazil to develop and maintain scientific software focused on Well Engineering and Subsea Engineering. The contract will create 50 new jobs.Radix…
Offshore drilling company Valaris said Thursday it had secured new drilling rig contracts and contract extensions, worth $149 million in total. The contract backlog excludes lump sum payments such as mobilization fees and capital reimbursements…
Dutch marine services and towage firm KOTUG has closed the acquisition of Seaways, first announced in April. The fee was not disclosed.'The acquisition of Seaways brings together the assets, expertise and people of two leading companies that…
FPSO leasing specialist MODEC and Toyo Engineering Corporation have executed a deal to form a joint venture company for the Engineering, Procurement, Construction and Installation (EPCI) business of FPSO vessels. The establishment of the joint venture company…
UK-based subsea equipment specialist Express Engineering has signed a five-year supply agreement to produce a range of precision-engineered Downhole ‘Measurement While Drilling’ (MWD) and ‘Logging While Drilling’ (LWD) products used to deliver data for precise wellbore placement…
Dutch marine services and towage company KOTUG has agreed to buy offshore support vessel firm Seaways International, in what is the largest acquisition in KOTUG's history.KOTUG said the move, of an undisclosed value, was part of its strategy…
A Valaris drillship hit the Akti bulk carrier ship on Saturday, after breaking free its moorings near the VT Halter Shipyards and Chevron docks in Pascagoula, Mississippi. At around 1:30 a.m. Saturday, Coast Guard Sector Mobile watchstanders…
Oilfield services company Schlumberger on Monday announced an enterprise-wide deployment of the cloud-based DELFI cognitive E&P environment for the U.S. oil firm ConocoPhillips. ConocoPhillips will use Schlumberger digital solutions enabled…
Offshore drilling contractor Valaris said Tuesday it had secured two one-well contracts with subsidiaries of Murphy Oil Corporation for its semi-submersible drilling unit Valaris DPS-5.The first contract for the 2012-built offshore drilling rig is in the U…
Offshore drilling contractor Valaris on Tuesday announced a new group of contracts for its rigs to be utilized in the U.S. Gulf of Mexico, U.K. North Sea and off the coast of Australia.Valaris said it secured a one-well contract with Kosmos Energy in the U…
Subscribe
