Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct…
Esgian provides an update on Saudi suspensions in its Week 20 Rig Analytics Market Roundup.Report SummaryContractsDrilling contractor Arabian Drilling confirmed that the suspension of three contracts for its jackups with Saudi Aramco have yet…
East of England Energy Group (EEEGR) and Norwegian Offshore Wind (NOW) have signed a memorandum of understanding (MoU) to strengthen collaboration between the supply chains in Norway and the East of England.EEGR and NOW share a joint focus on developing world leading supply chains in offshore wind…
DNO, the Norwegian oil and gas operator, has completed the acquisition of a 25% interest in the Arran field on the UK Continental Shelf from ONE-Dyas E&P.The field is operated by Shell UK (44.57%) and was brought on stream in 2021 as a subsea tie-back to the Shell-operated Shearwater A platform…
U.S.-based offshore drilling company Diamond Offshore has secured a contract extension with Anadarko Petroleum, a wholly owned subsidiary of Occidental, for Ocean BlackHawk drillship in the U.S. Gulf of Mexico.The two-year contract extension…
North Sea oil and gas operators could invest up to $3.7 billion in 14 major projects capable of cutting up to 32 million tonnes of lifetime CO2e emissions from their production activities, according to North Sea Transition Authority (NSTA).The…
Brunvoll has signed a contract with Myklebust Verft shipyard for the delivery of a thruster package to REM Offshore’s new energy subsea construction vessel (ESCV).The contract is for one vessel with an additional vessel as an option.Brunvoll…
Hy2gen USA, the U.S. subsidiary of German-based green hydrogen producer Hy2gen, and Ocean Connect Energy (OCE) have signed a memorandum of understanding (MoU) to jointly investigate the potential to power renewable hydrogen production from offshore wind…
Drilling and well services provider Odfjell Technology has secured a contract with COSL Drilling Europe, valued at approximately $14.8 million.The fixed part of the three-year contract encompasses tubular running services, with the option for two additional one-year periods…
The U.K. government has set aside $3.7 million for the Orkney-based European Marine Energy Centre (EMEC), which will be awarded to the world’s first wave and tidal energy testing facility over the course of two years.The funding is part of U…
Colombia's majority state-owned energy company Ecopetrol has held talks with big players ahead of a potential bid in an offshore wind auction organized by the country's government, Chief Executive Ricardo Roa said on Wednesday.Roa was speaking…
BP reported on Tuesday first-quarter earnings of $2.7 billion, down 40% from a year earlier and missing forecasts due to lower energy prices and a U.S. refinery outage, even as oil and gas production increased.The London-based company held its dividend at 7…
Australia's Labor government on Thursday laid out a strategy to boost natural gas development even as it remains committed to net zero carbon emissions by 2050, highlighting demand from key Asian trade partners.Australia is one of the world's largest exporters of liquefied natural gas (LNG)…
Maryland Governor Wes Moore signed a bill aimed at reevaluating and potentially revising existing offshore wind project plans, setting the stage for the state's goal of achieving 8,500 megawatts of offshore wind energy capacity by 2031.The bill…
McDermott has executed its heaviest stacking lift at the Jebel Ali fabrication yard in Dubai as part of the BorWin6 980MW high-voltage, direct current (HVDC) project for TenneT.The stacking of deck level one had a total weight of 1,962 metric…