With the oil and gas sector in high demand, Shelf Drilling is envisioning further offshore drilling market improvements, especially within the jack-up segment.
A.P. Moller – Maersk (Maersk) has reached an agreement with A.P. Moller Holding, the parent company of the A.P. Moller Group, to divest Maersk Supply Service (MSS), specializing in the provision of global offshore marine services and project solutions for the energy sector. The move is part of Maers
Japan’s JX Nippon is in the process of acquiring the country’s rig owner, JDC, in a bid to strengthen its position in the oil and gas industry.
The Dutch government has designated an area for what will become the world’s largest offshore hydrogen production project. That area is Ten noorden van de Waddeneilanden (the North of the Wadden Islands), identified earlier for offshore wind development and deemed most suitable for providing 500 MW
Baker Hughes’ weekly rig count report reveals that the number of offshore rigs in the U.S. was on the upswing last week with three units added to the mix.
A 300-ft jack-up drilling rig built by CIMC Raffles has joined the fleet of Italy’s contractor Saipem, following a naming ceremony in China ahead of a five-year contract in the Middle East.
An investigation carried out by the U.S. Bureau of Safety and Environmental Enforcement (BSEE) has found that hydrogen embrittlement was the cause of a flowline jumper failure in the Gulf of Mexico in 2020 that resulted in a subsea leak. The incident that occurred in July 2020 saw approximately 479
French green hydrogen production specialist, Lhyfe, and Centrica, the UK-headquartered multinational energy company, have signed an agreement to jointly develop offshore renewable hydrogen in the UK, starting with a pilot project in the Southern North Sea. Beyond the pilot, Lhyfe and Centrica will a
The U.S. Coast Guard (USCG) has performed an emergency evacuation via helicopter of a 28-year-old male worker from a BP-operated platform.
Equinor and OKEA have entered into an agreement, which will enable the latter to acquire 28 per cent interest in the Statfjord area.
The American natural gas production is expected to grow while the accelerated shift to low-carbon and green sources will reduce U.S. energy-related CO2 emissions through 2050.
Following an incident during routine maintenance, which damaged a floating storage and offloading (FSO) unit operated by a Thai subsidiary of Chevron, Thailand has ordered its navy to join the efforts being undertaken to prevent an oil spill from the vessel.
Since the introduction of G7 oil price cap for Russia’s crude oil and refined products there have been speculations on Russia’s so-called shadow fleet being used to evade sanctions. Russia has repeatedly stated that it will not work with the price cap, but the vast majority of seaborne Russian oil s
Eni has made a new oil discovery in an exploration well located in Block 7 in the Sureste Basin off Mexico, using Valaris’ semi-submersible rig.
