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Noble Interceptor rig; Source: Noble Corporation
Business & Finance

Noble-Diamond Offshore fusing into ‘perfect fit’: US drilling giants merging to create 41-strong rig fleet

Noble Corporation has taken steps to bring Diamond Offshore into its fold, which will give birth to a U.S.-based offshore drilling heavyweight with a fleet of 41 rigs and a combined backlog of $6.5 billion.

about 2 years ago
Oceaneering expands collaboration with Petrobras with two 'significant' contracts
Business & Finance

Oceaneering expands collaboration with Petrobras with two ‘significant’ contracts

U.S. technology company Oceaneering has expanded its cooperation with Brazilian oil and gas giant Petrobras by securing two contracts that will have an expected aggregate net revenue in the range of $120 million to $183 million. Oceaneering’s Manufactured Products segment won two contracts with Petr

about 2 years ago
European JV getting ready to kick off project seeking to revolutionize Senegal’s power infrastructure
Business & Finance

European JV getting ready to kick off project seeking to revolutionize Senegal’s power infrastructure

A UK-Belgium joint venture established last year has begun vessel mobilization for a project in Senegal that is part of a program that aims to revolutionize the country’s power infrastructure and provide sustainable electricity to millions of people. Under a $200 million contract, UK’s Enshore Subse

about 2 years ago
Sintana Energy
Business & Finance

Canadian oil & gas player comes into possession of more offshore acreage in Namibia’s Orange Basin

Sintana Energy has wrapped up its acquisition of a stake in a new license in the Orange Basin off the coast of Namibia.

about 2 years ago
Rig approaching Taranaki coast (for illustration purposes); Source: Greenpeace
Business & Finance

New Zealand revoking offshore exploration ban amid gas crunch fears

New Zealand’s government is setting the stage to lift the ban on offshore oil and gas exploration with a suite of proposed changes to an energy bill in a bid to stave off energy security woes due to looming gas supply shortages.

about 2 years ago
Dedicated cable repair and installation vessel enters the market
Business & Finance

Dedicated cable repair and installation vessel enters the market

The Netherlands-headquartered N-Sea and its partner Neptune Marine Service have launched what is said to be the first dedicated cable repair and installation vessel. Neptune Marine recently converted the existing anchored barge NP-459 into a dedicated cable repair DP2 vessel, named Curo, with a 50t

about 2 years ago
During their protest against drilling ops, Greenpeace activists were circling the Prospector 1 jack up rig about 20 kilometers northwest of the island of Borkum; Source: Greenpeace
Business & Finance

Court hearing coming up this week: Go-ahead or more hiccups for North Sea gas project?

After hitting another snag due to a court-ordered temporary halt of operations, a gas project in the North Sea is awaiting outcome of court hearing.

about 2 years ago
Jan De Nul enters partnership to transport green electrons from Africa to Europe via subsea cable
Business & Finance

Jan De Nul’s new partnership to transport green electrons from Africa to Europe via subsea cable

Jan De Nul Group has set up a partnership with green technology, energy and metals company Fortescue for the transport of green electrons – electrons that were made using renewable resources – from energy-producing continents to energy-demanding ones through subsea cables. The partners have joined f

about 2 years ago
A group of people employed at Wavepiston at Kronborg Slot in Elsinore, Denmark.
Business & Finance

Wavepiston spearheads multi-national wave energy project

Danish company Wavepiston has commenced the SHY project (Seawater Hydraulic PTO using dynamic passive controller for wave energy converters), with consortium members all over Europe that joined together at Kronborg Slot in Elsinore, Denmark.

about 2 years ago
Fenris jacket, Source: Aker BP
Business & Finance

Aker BP laying the groundwork to install 100 km of offshore pipelines at North Sea project

Norwegian oil and gas player Aker BP is set on undertaking six offshore campaigns to install almost 100 km of pipelines this summer at its development project in the Norwegian sector of the North Sea.

about 2 years ago
Illustration; Source: Baker Hughes
Business & Finance

Baker Hughes takes on multi-year gig for Petrobras’ fields offshore Brazil

Baker Hughes has been hired on a long-term workover and plug and abandonment (P&A) services assignment by Petrobras.

about 2 years ago
Fenris jacket; Source: Aker BP
Business & Finance

WATCH: Jacket for North Sea project on its way to Aker BP’s field

Aker BP is days away from welcoming the arrival of a new jacket at its project in the North Sea where it will be installed offshore Norway.

about 2 years ago
Xin Guang Hua vessel; Source: COSCO Shipping Heavy Transport
Business & Finance

Giant heavy lift vessel to cart Woodside’s new FPU to Gulf of Mexico

COSCO Shipping & Guangzhou Salvage Heavy Transport (CSGS) has been put in charge of carrying an FPU to its final destination in the Gulf of Mexico.

about 2 years ago
Audacia pipelay vessel; Source: Allseas
Business & Finance

Allseas pipelay vessel winds down gas pipeline gig in Australian waters

Allseas has confirmed the end of a pipeline assignment for one of its vessels on a natural gas development project off the coast of Australia.

about 2 years ago
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