Latest News - page 1353

 

JDC Secures Drilling Contract in Vietnam

Mar 29, 2019

Japan Drilling Co Ltd (JDC), the provider of offshore drilling contract services to oil and gas companies worldwide, has signed a drilling contract for its Hakuryu-11 jack-up rig with an unnamed client in Vietnam.According to an annoucement from the offshore drilling services company…

Shelf Drilling Wins 3-Year Extension for Rig

Mar 29, 2019

Cayman Islands-headquartered Shelf Drilling,  the leading contractor of jack-up rigs, has won a three-year contract for one of its jack-up drilling rigs.The provider of shallow water drilling services to the oil and gas industry said in a press…

Prosafe Bags Mediterranean Sea Job

Mar 29, 2019

European owner and operator of semi-submersible accommodation vessels Prosafe has won a contract to provide a ship to support offshore activities in the Central Mediterranean Sea.Prosafe, acting as commercial managers for the Axis Offshore-owned accommodation vessel Safe Swift…

Equinor Gets Nod to Drill Korpfjell Deep

Mar 28, 2019

Norwegian oil company Equinor has received consent to drill exploration well 7335/3-1 in production licence 859 in the Barents Sea, Norway's offshore safety watchdog, the Petroleum Safety Authority, said on Thursday.Well 7335/3-1, known as Korpfjell Deep…

Neptune, BP, Japex Reach FID for Seagull

Mar 28, 2019

Neptune Energy said on Thursday it has agreed with partners BP and Japex on a final investment decision (FID) for the Seagull oil and gas field in the UK North Sea.Neptune, which acquired its 35% interest in Seagull from Apache in 2018, operates the field…

Aker Energy Submits $4.4 Bln Ghana Plan

Mar 28, 2019

Norwegian oil company Aker Energy said on Thursday it has submitted to Ghana a $4.4 billion plan for developing the Deepwater Tano/Cape Three Points (DWT/CTP) block offshore Ghana.The block's Pecan field, located about 115 kilometers off the West African country in ultra-deep waters ranging from 2…

Bourbon Wins Shell Contract in Bulgaria

Mar 28, 2019

Bourbon Marine & Logistics said on Thursday it has been awarded a contract from Shell to support the oil major's exploration drilling in the Black Sea offshore Bulgaria.The French services company said its project scope covers the full logistics solution project management…

Decarbonization on the Agenda

Mar 28, 2019

Offshore oil and gas operators are grappling with how to make their operations and even companies greener, Offshore Mediterranean Conference (OMC) in Ravenna, Italy, has been hearing.From using renewable energies to power remote fields and even subsea robots…

Trump Calls for OPEC to Boost Production

Mar 28, 2019

U.S. President Donald Trump on Thursday called for the Organization of the Petroleum Exporting Countries (OPEC) to boost oil production to lower the price of the commodity.'Very important that OPEC increase the flow of Oil. World Markets are fragile…

US Offshore Drilling Takes Center Stage

Mar 28, 2019

U.S. lawmakers will quiz President Donald Trump’s new pick to lead the Interior Department on Thursday, focusing on the former energy and mining lobbyist’s plans to expand fossil fuels production from the United States' public lands and waters…

Sonangol Gets Ready to Compete

Mar 28, 2019

Angola's national oil company Sonangol has recently taken possession of the first of its two drillships built by a Korean shipyard firm, signaling the start of the implementation of its regeneration program that include investment in deep and ultra deep water drilling and offshore marginal areas…

BOEM Forges Offshore Wind Alliance

Mar 28, 2019

NOAA Fisheries, the Bureau of Ocean Energy Management (BOEM), and the Responsible Offshore Development Alliance (RODA) signed a 10-year Memorandum of Understanding (MoU).According to an official release, the MoU brings local and regional fishing…

Eni Pilots Wave Energy Converter

Mar 28, 2019

Italian multinational oil and gas company Eni has activated the Inertial Sea Wave Energy Converter (ISWEC), offshore Ravenna, capable of converting energy generated by waves into electricity, which will in the future enable Eni to convert mature…

PGNiG to Lease Drilling Platform

Mar 28, 2019

PGNiG Upstream International AS, a subsidiary of Polish Oil and Gas Company, and Norwegian  oil giant Aker BP have signed a contract for the lease of a semi-submersible drilling rig.In autumn, the exploration well will start to be drilled on the Shrek prospectus within PL838 license…

Fred. Olsen Ocean Buys Stake in UWL

Mar 28, 2019

Fred. Olsen Ocean (FOO) has entered into an agreement to acquire a 50% ownership in United Wind Logistics GmbH (UWL) through the contribution of new equity in the amount of EUR 12 million.The ownership split in UWL will be FOO 50.0 %, United Shipping Group GmbH 37…

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