Offshore Drilling News

 

Mermaid Gets Funds for Two Vessels

Jun 17, 2019

Thailand-based offshore drilling services company  Mermaid Maritime Public Company said that  its subsidiary Mermaid Subsea Services Thailand (MSST) has entered into a $65 million loan deal with the Export-Import Bank of Thailand (Exim).As per…

Macron Urges Turkey to Stop Drilling off Cyprus

Jun 14, 2019

French President Emmanuel Macron urged Turkey to stop 'illegal activities' in Cyprus's exclusive economic zone and said the European Union would not back down on the issue.European Union members have pressured Turkey to drop its plans for offshore…

Shell to Invest up to $2.4 Bln in Mexican Deepwater

Jun 14, 2019

Mexico's oil regulator on Thursday approved exploration plans for four deepwater areas operated by Royal Dutch Shell, after it gave the green light to five others earlier this week, committing the oil major to invest at least $791 million.The…

More Activists Climb BP Rig After Arrests

Jun 14, 2019

Greenpeace activists climbed back on a drilling rig on Friday to keep it from heading to a BP oilfield in the British North Sea, hours after police removed protesters who had boarded the vessel days earlier.On Thursday night police removed and…

Maersk Innovator Gets Buzzard Extension

Jun 14, 2019

Maersk Drilling announced Friday that CNOOC has exercised a one-well option for the Maersk Innovator jack-up rig to continue infill drilling at the Buzzard field on the UK continental shelf.The option, from the Chinese oil firm's CNOOC Petroleum Europe subsidiary…

Sailaway for Deepsea Yantai

Jun 14, 2019

Deepsea Yantai, a newbuild semi-submersible drilling rig destined for operations in Norway, has been launched in China.On June 12, the naming ceremony for the semi-submersible drilling rig, designed and built by CIMC Raffles, was held in Yantai Yard…

Greenpeace Activists Removed from Rig

Jun 14, 2019

Two Greenpeace activists who were occupying an oil rig have been removed from the structure and arrested.Officers boarded the Transocean rig in the Cromarty Firth, which was contracted by BP for drilling operations in the UK North Sea, at around…

Subsea Challenges, but Also Solutions

Jun 12, 2019

The huge changes made in the industry since the downturn in 2014, through to the challenges that lay ahead and some of the solutions that could help solve them, were set out by a top tier line up ranging from oil major heads of macroeconomics…

CGG: Imaging Innovation at Mad Dog

Jun 12, 2019

Subsurface Imaging, part of CGG’s Geoscience division, has delivered a step-change in subsalt image quality over the Mad Dog field in the Green Canyon area of the US Gulf of Mexico.Fast access to high-quality images was critical to BP and partners…

KS Energy Signs Drilling Contract

Jun 12, 2019

The one-stop energy services provider to the global oil and gas KS Energy announced that a consortium of PT Java Star Rig, a joint venture of KS Drilling, and Universal Energy Resources Inc, has been awarded a contract by Eni East Sepinggan…

Shell Investing in Mexican Deepwater

Jun 11, 2019

Mexico's independent oil regulator on Tuesday approved deepwater exploration plans for five areas operated by Royal Dutch Shell Plc in Mexican waters near the U.S. maritime border.The plans commit the Anglo-Dutch oil major to invest at least $397 million over the next four years…

The On-again Arctic

Jun 11, 2019

A cursory look at rig, seismic and yard activity in the world is enough to deduce that there’s more happening in the Arctic than Greens tying themselves to seventh-generation drilling units.A judge may have blocked Alaskan drilling in coastal…

KCA Deutag Names Elkhoury CEO

Jun 11, 2019

Drilling and engineering contractor KCA Deutag has appointed a new chief executive Joseph Elkhoury, as ­current boss Norrie McKay prepares to retire. McKay will remain with the group in an advisory capacity until December 31, 2019, working closely with Joseph to ensure a smooth transition…

Activists Climb North Sea-bound Oil Rig

Jun 10, 2019

Activists have halted the progress of an oil rig destined for BP's North Sea exploration program off the coast of Scotland, environmental group Greenpeace said on Sunday.The rig, Paul B Loyd Jr, owned by Transocean, was on its way to the Vorlich field to drill for operator BP…

Seadrill Hires Jackson as CFO

Jun 09, 2019

Offshore driller Seadrill said it has appointed Stuart Jackson as Chief Financial Officer, effective upon release from his current employment which is expected by the beginning of August.Jackson will replace Mark Morris who announced he would step down from the CFO role in January…

Current News

Tullow Encounters Delays Offshore Ghana

Tullow Encounters Delays Offshore Ghana

Exxon, Total to Explore off Crete

Exxon, Total to Explore off Crete

Guyana's First FPSO Named Liza Destiny

Guyana's First FPSO Named Liza Destiny

ABB Transformers for Moray East

ABB Transformers for Moray East

Icahn Steps up Fight with Occidental

Icahn Steps up Fight with Occidental

EnVen Co-founder Exits, Sues Company

EnVen Co-founder Exits, Sues Company

TechnipFMC OSV Refit Completed

TechnipFMC OSV Refit Completed

Subscribe for OE Digital E‑News

OE Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week