Latest News - page 23

 

Shelf Drilling’s Jack-Up Gets Suspension Notice for Ops in Saudi Arabia

Nov 20, 2024

Offshore drilling contractor Shelf Drilling has received a notice of suspension for its High Island IV jack-up rig from Saudi Aramco.The suspension is for up to one year, according to Shelf Drilling, which added it has the right to market the rig during the suspension…

Norway's O&G Production Beats Expectations

Nov 20, 2024

The Norwegian Offshore Directorate said that Norway's oil and gas production in October exceeded the official forecast by 5 percent.Norway is Europe's biggest supplier of natural gases and oil. However, output can vary from month to months depending…

TGS Hooks 3D Streamer Contract Offshore India

Nov 20, 2024

Norwegian seismic company TGS has secured a 3D streamer contract for Oil and Gas Natural Corporation (ONGC) in the Mahanadi basin on the East Coast of India.The Ramform Sovereign vessel is scheduled to mobilize for the survey in January 2025…

EnQuest Cancels Dolphin Drilling’s Rig Contract as Kraken Drilling Campaign Hits Hurdle

Nov 20, 2024

UK-based oil firm EnQuest has terminated rig contract with Dolphin Drilling for its Borgland Dolphin semi-submersible drilling rig as the joint venture partners in the Kraken field fail to reach agreement on the asset’s 2025 drilling program…

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

Nov 20, 2024

Malaysia-based Velesto Energy has signed a memorandum of understanding (MoU) with Petronas and National Oilwell Varco (NOV) to implement rig mechanized automation processes and integrate robotics into drilling operations.The MoU aims to establish…

Saudi Aramco Suspends Another Borr Drilling’s Jack-Up

Nov 20, 2024

Offshore drilling contractor Borr Drilling has received a notice of temporary suspension for its jack-up rig Arabia II, currently under contract with Saudi Aramco.The temporary suspension will be for a period of up to 12 months, Borr Drilling said…

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

Nov 20, 2024

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed a strategic cooperation agreement with Dalian Shipbuilding Offshore (DSOC) to deliver latest semi-submersible units, specifically tailored to meet the criteria for operations in Chinese waters…

TDI-Brooks Completes Suriname Piston Coring Project

Nov 19, 2024

TDI-Brooks has completed a multi-client multibeam and seabed piston coring program off Suriname.The company was contracted by GeoPartners, on behalf of Staatsolie Maatschappij Suriname, to perform seep data acquisition, processing, interpretation…

Trinidad Signs PSA with BP

Nov 19, 2024

Trinidad and Tobago on Tuesday signed a production sharing agreement (PSA) with a unit of British oil and gas producer BP for exploring and producing natural gas at a shallow water block, the energy ministry said.The agreement follows an offshore…

Shipping, Energy Tax Could Help Foot $1T to Combat Climate Change - COP29

Nov 19, 2024

The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there.  The Global Solidarity Levies Task Force (GSLT)…

Germany Preps for More FSRU Vessels

Nov 19, 2024

Germany is expanding its natural gas import options to replace Russian supply. Following are updates on key facilities and terminals being developed to host floating storage regasification units (FSRUs) to receive seaborne liquefied natural gas (LNG)…

Oil Steadies as Sverdrup Restart eases Geopolitical Jitters

Nov 19, 2024

Oil prices traded steady on Tuesday as Norway's Johan Sverdrup oilfield restarted production and there were reports of Iran offering to cap its uranium stockpile, factors that offset investor concerns about escalation of the Russia-Ukraine war…

BP's Whiting IA Refinery Restart Delayed

Nov 19, 2024

The return to service of BP's BP.L Whiting, Indiana refinery has been delayed, industry sources said.BP started the planned turnaround work at its 435,000 barrel-per-day refinery in late September. The refinery began restarting units involved in the turnaround in early November…

Vestdavit Supplies Davits for Ulstein Newbuild CSOV

Nov 19, 2024

Advanced boat-handling systems supplied by Vestdavit have been installed on the newbuild CSOV Olympic Notos delivered for Olympic by Norway’s Ulstein Verft, which is raising the bar in terms of sustainability and operational efficiency for such vessels employed in the offshore energy sector…

Octopus Energy Joins Forces with Skyborn to Enter French Offshore Wind Market

Nov 19, 2024

The French government has selected a new joint venture between Octopus Energy and Skyborn Renewables to bid in next year’s offshore wind tender.The French government’s decision follows a rigorous pre-qualification process to choose the best companies to enter its ninth offshore wind tender round…

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