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Green(er) Rigs Put Stena Drilling at Forefront of O&G Decarb Push

Mar 01, 2024

As the offshore oil and gas industry transitions to more sustainable practices, drilling rig operators are faced with demands to implement greenhouse gas (GHG) abatement measures as part of their workload. Being the owner of the first ever drillship that secured DNV’s Abate(P) notation…

Esgian Week 6 Report: New Contracts and a New JV

Feb 11, 2024

Esgian has released its Week 6 Rig Analytics Market Roundup saying that several new contracts have been confirmed across three major types of offshore drilling rigs and an interesting new joint venture between an operator and a rig owner has been announced…

Esgian Week 4 Report: Spotlight on Drilling Activities and Discoveries

Jan 26, 2024

Esgian's latest market roundup for the fourth week of 2024 brings several updates on new oil discoveries and plans for exploration drilling across the world, together with reports about new contracts and mobilization of rigs.  ContractsDragon…

Esgian Week 3 Report: Drilling Units on the Move

Jan 19, 2024

No new drilling contracts were announced, but a Borr Drilling jackup has left Singapore, while a Shelf Drilling unit is preparing to embark on its journey to the same destination, according to Esgian’s Rig Analytics Market Roundup (Week 3).Drilling…

Stena Drilling Takes Delivery of Stena Evolution Drillship

Jan 17, 2024

Offshore drilling contractor Stena Drilling has taken delivery of its 7th generation Stena Evolution ultra-deepwater drillship from Samsung Heavy Industries.After a decade in the making, Stena Evolution drillship has finally been completed and is ready for its first job…

Esgian Week 2 Report: New Work Secured

Jan 14, 2024

It was a busy week in the offshore drilling sector as new work was secured by Noble and Valaris rigs, reports Esgian in its Week 2 Rig Analytics Market Roundup.ContractsLLOG has exercised a six-month option for Noble 12,000-ft drillship Noble Valiant in the US GOM…

OE’s 2023 Top of the Festive Video Pops

Dec 25, 2023

The holiday season is here, and in the best traditions of Offshore Engineer, we bring you the top festive videos shared by offshore industry companies this year as well.With plenty of ‘short and sweet’ videos to choose from, this year’s round up starts with our top three favorites coming from Fugro…

Drilling Roundup: New Contracts and New Carbon Storage Activity

Dec 05, 2023

Esgian has published its Week 48 Rig Market Roundup highlighting that new contract awards were revealed for a Velesto Drilling jackup, two Seadrill drillships and a Dolphin Drilling semisub. Meanwhile, Wintershall Dea is planning to drill a new carbon storage well in Norway…

Shell Strikes Gas Offshore Egypt

Nov 22, 2023

Shell Egypt said Tuesday it had completed the drilling of the first well in its three-well exploration campaign, Mina West, located in the North East El-Amriya block, in the Mediterranean Sea, discovering a gas bearing reservoir. Drilling activities…

Ithaca Energy Strikes Hydrocarbons at UK North Sea Prospect

Jul 27, 2023

UK North Sea-focused oil and gas company Ithaca Energy said Thursday it had discovered hydrocarbons at its K2 prospect, located in Block 22/14c of the Central North Sea of the UK Continental Shelf.Upon entering the reservoir, Ithaca Energy, acting as the operator…

Ørsted, Vestas Team Up to Deploy Low-Carbon Steel Towers and Recycled Blades for Offshore Wind Projects

Jun 08, 2023

Denmark-based offshore wind farm developer Ørsted and its compatriot wind turbine maker Vestas on Wednesday announced a commercial sustainability partnership, whereby Ørsted will procure low-carbon steel wind turbine towers and blades made from…

A Decade in the Making: Stena Evolution Drillship Prepares for Gulf of Mexico Debut in 2024 as Contract Secured

May 29, 2023

Offshore drilling contractor Stena Drilling has secured a contract with Shell for the Stena Evolution drillship.The Stena Evolution, built by Samsung Heavy Industries, was originally ordered by Ocean Rig, and named Ocean Rig Crete.Ocean Rig ordered the drillship in 2014…

BP Ventures Back into Offshore Oil Frontiers to Boost Output

May 10, 2023

BP is ramping up oil exploration and drilling activity in frontier prospects as the energy giant tries to stem a decline in its oil and gas output after years of focusing on a shift to renewables to cut carbon emissions. The move comes as companies…

Stena Drilling Drillship Secures More Work with BP

Feb 07, 2023

Oil major BP has awarded a contract extension to Stena Drilling for the use of the Stena IceMAX drillship. Stena Drilling said Tuesday that, under the extension, the rig would move to the U.S. Gulf of Mexico, in direct continuation of the initial one-well…

Stena Drilling Wins Contract for 1983-built Offshore Rig

Feb 03, 2023

Offshore drilling company Stena Drilling said Friday it had signed a drilling contract with the oil and gas company Ithaca Energy in the UK.The contract is for Stena Drilling's Stena Spey midwater semi-submersible drilling rig.Under the contract with Ithaca Energy…

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