Transocean has kicked off a private offering of $500 mil of secured notes to cover in part the acquisition of its second, 8th-gen drillship.
UK-based energy services provider Altera Infrastructure has emerged from Chapter 11 bankruptcy, a few months after filing for it.
UK-based oil and gas player Serica Energy has outlined the strategic rationale behind its proposed acquisition of Tailwind Energy Investments.
Aker Solutions has secured an engineering, procurement and construction (EPC) contract from Altera Infrastructure for the complete upgrade of a floating production storage and offloading vessel (FPSO) to be redeployed at an Equinor-operated oil and gas field offshore UK. Under the contract defined a
A consortium of JGC Corporation and Samsung Heavy Industries (SHI) has secured an engineering, procurement, construction and commissioning (EPCC) contract with Petronas for the first nearshore floating LNG facility project in Malaysia. The planned facility is set to become the first nearshore floati
BW Energy has spudded the first well in its multi-well drilling campaign offshore Gabon with a Borr Drilling-owned jack-up rig.
UAE-based offshore drilling contractor Shelf Drilling has won a long-term deal for one of its jack-up rigs for operations offshore India.
Island Drilling has secured a contract extension for its semi-submersible rig, which will prolong the rig’s assignment in the UK.
Norway’s government expects to maintain higher output on the NCS to supply Europe with high gas exports, bolstering its energy security.
Unipec, a wholly-owned subsidiary of China Petroleum & Chemical Corporation, remained the king of the VLCC charter market in 2022 with 746 reported fixtures, according to Poten & Partners. However, Russia’s Lukoil has dropped out of the top 20 spot charterers. This is mainly due to Russia’s war in U
Baker Hughes’ rig count report has revealed that the international offshore rig count experienced an increase of 30 units in 2022 compared to the figures from the year before. The overall international rig count including both offshore and onshore rigs was up 66 rigs from the 2021 count of 834. Acco
Conrad Asia Energy has inked PSCs for two Indonesian blocks with existing gas resources and a multi-trillion cubic feet exploration potential.
A semi-submersible rig has arrived at a port in Scotland to prepare for its first decommissioning assignment on the UK Continental Shelf.
Norway’s regulator has carried out an audit of Neptune’s management of major accident risk and barriers at a gas & oil asset in the North Sea.
