The offshore drilling and production equipment manufacturer Dril-Quip has announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a Front End Engineering and Design (FEED) Contract…
New World Supply, where S.D. Standard Drilling (SDSD) has an ownership of 26.2 percent, has completed a sale of two of its six medium sized platform supply vessels (PSVs).According to the Cyprus-based company that offers offshore drilling services to the oil and natural gas exploration industry…
Royal Dutch Shell plans to invest $1 billion to $2 billion annually in oil exploration and production in Brazil through 2025, Brazilian newspaper Valor Economico reported on Thursday.The investment will be made regardless of the outcome of presidential election Oct…
Interior Secretary Ryan Zinke has hinted to at least six coastal states that he will keep their waters out of a looming plan to expand U.S. offshore drilling, telling some they lack enough oil to be included anyway, according to state officials and transcripts from public hearings…
OES Offshore Engineering firm EM&I recently completed a ‘double first’. A first-time contract for the world’s largest drilling company, and a first-time valve double isolation using an ODIN inflatable plug installed with an ROV.The work was…
Stena Drilling has contracted Kongsberg Maritime to deliver a complete upgrade of its systems aboard the Stena Carron, a harsh environment dynamically positioned DP Class 3 drillship capable of drilling in water depths up to 10,000ft. Stena…
Norway’s Petroleum Safety Authority (PSA) has given consent to Oil and gas company Faroe Petroleum to drill the Brasse East well off the coast of Norway, using the Transocean Arctic rig.'Faroe Petroleum is the operator for production licence 740 in the North Sea…
Norway's Petroleum Safety Authority (PSA) has authorized Norwegian E&P player Aker BP to use the Maersk Reacher mobile facility as a quarters facility on the Valhall field.A public statement from PSA said: 'A lot of work will be taking place on the Valhall field in the time ahead…
Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with Brent crude selling for more than $80 a barrel and some are forecasting a full turn in the market by 2020…
The Oseberg Vestflanken 2 field in the North Sea came on stream on Sunday. Remote-operated from the Oseberg field center, the new Oseberg H platform is the first unmanned platform on the Norwegian Continental Shelf. Recoverable resources are 110 million barrels…
Norway's Equinor has awarded Maersk Drilling AS a five-month contract for the Maersk Intrepid rig to provide operational support on the Martin Linge field in the North Sea. Two extension options will also be exercised, and four new options will be added…
Energy XXI Gulf Coast (EGC) has reached an agreement with the drilling and exploration services company Cox Oil to extend the required closing date for their planned merger to Oct. 17.Houston-headquarteredexploration and production company EGC…
Liberia, the fastest growing major open registry in both shipping and offshore, has established its Offshore and Gas Technology Department, renewing the Registry’s focus in these sectors.According to an official statement, this department strengthens…
Texas-based offshore drilling contractor Rowan Companies announced that it has concluded the sale of two LeTourneau TARZAN Class jack-up rigs, the Scooter Yeargain and the Hank Boswell, to ARO Drilling.The net economic impact of this transaction…
Maersk Drilling signed on semi-submersible rig Mærsk Deliverer with Eni for exploration well offshore Timor-Leste.Maersk Drilling and Eni JDPA 11-106 B.V. (Eni) as operator of the JPDA 11-106 Joint Venture have signed a one-well contract for…
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