An arbitration tribunal this week ruled in favor of Keppel FELS in the case vs. Awilco Drilling over a June 2020 offshore drilling rig construction termination.Awilco Drilling in 2018 ordered the harsh environment semi-submersible drilling rig from Keppel…
Offshore wind turbine installation company Fred. Olsen Windcarrier has won a firm contract with renewable energy firm RWE to install 72 offshore wind turbine generators (WTGs) at the 1GW Thor offshore wind farm in the Danish North Sea.For this project…
Malaysian FPSO leasing company Bumi Armada said Tuesday it had completed the sale of the Armada Claire floating production storage and offloading vessel. The FPSO was sold by Bumi Armada's subsidiary, Armada Balnaves.'The Armada Claire sale was on an “as is where is” basis…
Offshore drilling rig firm Borr Drilling has appointed Daniel Rabun, former CEO of Ensco, as a company director to fill existing vacancy with effect April 25, 2023.Rabun served as Chairman of the Board, President and Chief Executive Officer of Ensco plc…
Neptune Energy and its partner, Spirit Energy, on Thursday announced production start-up from the eleventh well at its operated Cygnus gas field in the southern North Sea.The new well is expected to produce approximately 4,000 boepd, enough gas to heat approximately 200…
Hellenic Cables has this week won contracts to supply cables for two large offshore wind projects in Denmark and the UK.Vattenfall has awarded Hellenic Cables a contract to provide inter-array cables for its giant Norfolk Offshore Wind Zone in the UK…
Brazilian oil company Enauta has resumed production from the 7-ATL-2HP-RJS (“2HP”) well in Atlanta offshore field in Brazil, after a halt in early March.Enauta said this week that production had resumed after the installation of the new pump on the seabed…
Halliburton Co reported a higher first-quarter profit on Tuesday, wrapping up upbeat earnings from the world's top oilfield services providers as higher oil prices encouraged drilling activity and boosted demand for services and equipment. Global…
An ailing crewmember was medevaced from an offshore pipelay barge in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Houston-Galveston received a medevac request relay from Coast Guard District Eight at 6:45 a…
UK North Sea-focused oil and gas company IOG said Tuesday that the drilling of the Blythe H2 offshore well would take longer than initially thought due to 'abnormally' pressured gas and oil influx encountered while drilling through the Hauptdolomit formation…
The Norwegian offshore industry safety body, the Petroleum Safety Authority Norway (PSA), said Monday that it had identified serious breaches of regulations at Saipem's Scarabeo 8 semi-submersible drilling rig after an audit earlier this year…
After nearly a century, oil output in the U.S. Gulf of Mexico is heading towards its peak with new platforms providing a last hurrah as the region becomes a hot spot for burying greenhouse gases.Some companies, including Exxon Mobil Corp, have been dumping assets in the Gulf…
ExxonMobil has made yet another oil discovery in Guyana's prolific Stabroek offshore block.The news of the new offshore oil discovery in Guyana was shared by Hess Corp., ExxonMobil's partner in the block, where around 11 billion barrels of oil have been discovered in recent years…
Deepwater drilling company Transocean has secured $546 million worth of drilling contracts in the past quarter, according to its rig fleet status report issued Tuesday.The contracts were secured by four rigs, the Transocean Enabler, Transocean Encourage…
On Friday, Australian oil and gas giant Woodside said that its Sangomar development project offshore Senegal was 82% complete and on target for first oil later this year. Once online, this will be Senegal's first offshore oil project in production…
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