Rigs To Reefs News

 

Decommissioning: Corals on Oil Platforms Could Kick-start the Deep-sea Ecosystem

Mar 10, 2022

In the late 1990s, the cold-water coral Lophelia pertusa was first reported growing on the legs of oil platforms in the northern North Sea. As these platforms reach the end of their operational lives, many are being decommissioned and brought ashore…

Australian Green Group Looks to Derail Woodside's $12B Scarborough Offshore Project

Nov 19, 2021

Lawyers for the Conservation Council of Western Australia have sent letters to Woodside Petroleum and the country's energy minister seeking to delay, if not stop, the company's Scarborough natural gas project.The letters were sent just weeks…

Environmental Concerns: Shareholder Asks Petrobras to Skip Offshore Oil Tender

Aug 27, 2021

Anapetro, an association of shareholders in Brazil’s Petrobras who are also employees, on Thursday publicly asked the state-run oil company to skip an upcoming auction of an oil area near coral reefs, due to environmental concerns.In a public letter to company management…

Sapura Energy Nets E&C and Drilling Deals Worth $457M

Feb 10, 2021

Sapura Energy, a Malaysian integrated oil and gas services and solutions provider, said Wednesday its Engineering and Construction (E&C) and Drilling divisions have recently secured contracts with a combined value of about RM1.85 billion (around USD 457 million)…

Woodside Issued Enforcement Action over Nganhurra RTM Decommissioning

Feb 05, 2021

Australian offshore oil and gas regulator NOPSEMA on Friday said it was taking compliance action against oil firm Woodside Energy Ltd to ensure safe and responsible decommissioning of the Nganhurra riser turret mooring. The regulator said it was looking at possible breaches of law…

Borr Drilling Sells Cold-stacked Jack-up Rig

Oct 28, 2020

Offshore drilling contractor Borr Drilling has agreed to sell its 2003-built cold stacked jack-up drilling rig 'Atla' to an unnamed independent operator.'The completion of the sale is expected in the fourth quarter 2020. Together with the previously…

Offshore Driller Launches "Wide range of cost-cutting measures"

Oct 26, 2020

The UK-based offshore drilling company Awilco Drilling on Monday said it would launch a 'wide range of cost-cutting measures,' citing a newbuild rig contract termination and delay in construction and start-up of another rig.'Awilco Drilling…

Why We Should Leave Old Oil Rigs in the Sea – and Why We Don't

Oct 07, 2020

Decommissioning the UK’s offshore oil and gas infrastructure will cost the taxpayer £24 billion, according to estimates from HMRC. So why can’t we leave man-made structures in the sea and thereby save the cost of removal and recycling? That would be a big win for the public purse…

Brazil: Total Transfers Foz do Amazonas Block to Petrobras

Sep 28, 2020

French oil major Total will transfer its rights in five blocks in Foz do Amazonas Basin off Brazil to Brazil's national oil company Petrobras, and exit the basin.To remind, Total earlier in September announced its decision o give up operatorship over the five exploration blocks in ultra-deep waters…

Brazil: Total Gives Up on Foz do Amazonas Offshore Blocks

Sep 07, 2020

French oil major Total has given up operatorship over five exploration blocks located in the Foz do Amazonas Basin, offshore Brazil.'Total announces that it has notified its partners on August 19 about its resignation from its role of operator for five exploration blocks…

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…

SapuraEnergy Nets $179,6M in New Deals Across SE Asia

Jun 03, 2020

Malaysian energy and offshore services company Sapura Energy has revealed it has recently secured a batch of contracts across Southeast Asia worth RM766 million ($179,6 million) in total.The contracts are secured by Sapura Energy's subsidiaries…

270 Offshore Rigs Were Active in February Worldwide

Mar 06, 2020

There were 270 offshore drilling rigs in the world actively drilling for oil and gas in February 2020, a slight increase compared to January 2020 (at 268), but also a slight dip versus February 2019 (at 272). This is according to Baker Hughes' February rig counts…

U.S. Weekly Offshore Rig Count Dips

Feb 24, 2020

Weekly U.S. offshore drilling rig count dipped last week, but the overall rig count rose, by one unit.According to Baker Hughes' Rig Count report released Friday, U.S. Rig Count was up 1 rig from the previous week to 791, with oil rigs up 1 to 679…

Opportunities Abound in Asia Pac

Feb 11, 2020

Decommissioning in Southeast Asia and Australia offers a US$100 billion opportunity out to 2040 with a million tonnes of steel to be removed and thousands of wells to be sealed, a business breakfast in Aberdeen was told this morning.Blair Miller…

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