Offshore Drilling News

 

Eni to Pay $185M to Settle Transocean Drilling Rig Dispute

4 hours ago

Offshore drilling company Transocean and Italian oil and gas firm Eni have settled a long-standing dispute over a drilling contract for the Deepwater Pathfinder drillship.The dispute was related to drilling services provided by Transocean to Eni under a contract signed in 2008 for the use of the Deepwater Pathfinder drillship in the U.S. Gulf of Mexico.The five-year contract, potentially worth $1.2 billion…

Japan Identifies 10 Areas for Offshore Wind Projects

few minutes ago

Japan's industry ministry said on Friday it has identified 10 areas as potentially suitable for development of offshore wind farms, four of which were designated 'promising areas', as it started a second round of the process to select operators…

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

1 hour ago

Oil and gas firm Neptune Energy has struck hydrocarbons at its Dugong well in the Norwegian sector of the North Sea, just two weeks after the drilling started.'Upon entering the reservoir, logs and cuttings have identified hydrocarbons and a decision has been made to initiate coring…

LLOG Charters Transocean Rig for Shenandoah Drilling

1 hour ago

U.S. Gulf of Mexico operator LLOG has chartered a Transocean drilling rig for the drilling of wells at the Shenandoah project in the Gulf of Mexico.The news was announced on Thursday by Navitas, LLOG's partner in the project (PDF in Hebrew)…

COSL Signs LOI for COSLInnovator Rig

2 hours ago

Offshore drilling company COSL Drilling has signed a letter of intent with an unnamed operator for the use of its COSLInnovator semi-submersible drilling rig offshore Norway in 2021.'After being kept ready for operations over a longer period…

Jadestone, Inpex in Arbitration over Offshore Block in Vietnam

2 hours ago

South East Asia focused oil and gas company Jadestone Energy has started arbitration against Inpex's subsidiary Teikoku over of Jadestone’s acquisition of an interest in Blocks 05-1 b and c, offshore Vietnam.Jadestone in August 2016 signed an…

Borr Drilling Regains NYSE Listing Compliance

5 hours ago

Jack-up drilling rig specialist Borr Drilling has regained compliance with the continued listing standard on the New York Stock Exchange, avoiding delisting risk.Borr Drilling said in May it had been informed by the NYSE that the company was…

Eni, Shell Aware of Bribery in Nigeria, Italy Prosecutor Says

6 hours ago

Oil majors Eni and Royal Dutch Shell were aware that most of the money they spent to buy a Nigerian oilfield in 2011 would go in corrupt payments to politicians and officials, a prosecutor said on Thursday.'They were kickbacks. And Eni and Shell knew it…

Magnora, Kustvind Speed Up Work on 500MW Offshore Wind Farm in Sweden

6 hours ago

Oslo-listed company Magnora has teamed up with Swedish wind power company to speed up the development “Sydkustens Vind”, a 500 MW shallow-water offshore wind project in the Baltic Sea, off southern Sweden.“The decision follows several studies…

Global Offshore Rig Count in June Falls to 208. Africa Suffers the Biggest Loss

Jul 02, 2020

The global active offshore drilling rig count for June 2020 was lower by 65 units, compared to June 2019, Baker Hughes' monthly rig count report has shown.Latin America was the only region that saw its offshore rig count rise, Europe and North America saw their numbers halved…

VIDEO: First Wind Trubine Goes Online at Belgium's Largest Offshore Wind Project

Jul 02, 2020

Following the recent installation of the first offshore wind turbine generator at the Seamade offshore wind project in Belgium, the turbine has now started producing electricity.SeaMade is a 487,2 MW offshore wind concession in the Belgian North Sea…

MAN Compressors for Yinson's Brazil-bound FPSO

Jul 02, 2020

MAN Energy Solutions will deliver six compressor trains for Yinson's FPSO being built for deployment in Brazil.For the FPSO named Anna Nery, MAN Energy Solutions will deliver four RB-type centrifugal-compressor trains for gas production and export…

Deepsea Stavanger Rig Sets Off to Drill for Total in South Africa

Jul 02, 2020

Odfjell Drilling's Deepsea Stavanger semi-submersible drilling rig has finally started mobilization to South Africa where it will drill Total's Luiperd well.As reported in May, Total and Odfjell Drilling agreed to keep the Deepsea Stavanger…

Huisman to Deliver Cranes for First Taiwan-built Offshore Installation Vessel

Jul 02, 2020

Dutch industrial equipment provider Huisman will deliver cranes for the first Taiwan-built offshore installation vessel.The vessel - to be named Green Jade - will be owned by CDWE, a joint venture company between Taiwanese company CSBC and Belgian offshore contractor DEME…

Armed Group Attacks FPSO, Kidnaps Crew in Nigeria

Jul 02, 2020

The article has been updated to include a statement by BW Offshore who confirmed the attack on its FPSO and the kidnapping of several crew members.Pirates on Thursday attacked BW Offshore's Sendje Berge FPSO and kidnapped several crewmembers…

Current News

Japan Identifies 10 Areas for Offshore Wind Projects

Japan Identifies 10 Areas for Offshore Wind Projects

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

Neptune Strikes Hydrocarbons at Dugong Well, off Norway

LLOG Charters Transocean Rig for Shenandoah Drilling

LLOG Charters Transocean Rig for Shenandoah Drilling

COSL Signs LOI for COSLInnovator Rig

COSL Signs LOI for COSLInnovator Rig

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