Offshore drilling firm Borr Drilling said Friday it had secured new contracts for two of its premium jack-up drilling rigs. 'These awards increase the company's backlog by approximately 2,030 days, excluding optional periods,' Borr Drilling said…
Singapore-based shipbuilder Sembcorp Marine has delivered Deepwater Titan, the world’s second 8th-generation drillship, to Transocean subsidiary Triton Titan GmBH.Deepwater Titan is the second of two new 8th-generation drillships constructed…
Italy plans to boost its liquefied natural gas (LNG) import capacity to 27 billion cubic metres (bcm) from nearly 17 bcm currently as it seeks to completely replace Russian gas supplies following Moscow's invasion of Ukraine.In 2021, Moscow provided Rome with 29 bcm of gas via pipelines…
Marubeni said Thursday it had started commercial operation at the Noshiro Port offshore wind farm in Japan on December 22, 2022, based on the feed-in tariff program for renewable energy.Marubeni Corporation has been implementing this first utility…
Dutch FPSO leasing company SBM Offshore said Tuesday that production had resumed from its FPSO Cidade de Anchieta, offshore Brazil, after a lengthy shutdown.The Cidade de Anchieta, under contract with Petrobras in Brazil, has been shut down since January 22…
Some 170 members of UK's largest union Unite working for Petrofac on Repsol's UK North Sea offshore platforms, are taking 48-hour strike action from Thursday, December 22, the union has informed. Separately, 76 unite members who are Petrofac…
Oil and gas company Neptune Energy has awarded a two-well contract extension for the semi-submersible drilling rig Deepsea Yantai.The rig, owned by China's CIMC Raffles, is managed by the Norwegian offshore drilling firm Odfjell Drilling.Odfjell…
Groups of oil workers held protests in southern Iran on Saturday, demanding higher wages and retirement bonuses, according to videos and reports posted on social media.The reported oil workers’ protests, which Reuters could not verify, come…
Offshore drilling firms Seadrill Limited and Aquadrill (ex-Seadrill Partners) on Thursday announced a definitive merger agreement under which Seadrill will acquire Aquadrill in an all-stock transaction. When the transaction is completed, Seadrill…
Marijana Sosic, Manager, Technical Marketing at Transocean, discusses some of the outstanding features of the Deepwater Atlas – Built in Singapore at Sembcorp Marine's Jurong Shipyard and flying the Marshall Islands flag – and sister-ship Deepwater Titan…
Oil and gas company Barryroe Offshore Energy, until recently known as Providence Resources, said Tuesday that its CFO had decided to resign.The Irish-based company said it had accepted notice of the resignation of Simon Brett, Chief Financial Officer…
Oil and gas company Neptune Energy has confirmed a new discovery the Calypso exploration well (PL938) in the Norwegian Sea.Preliminary estimates are between 1 - 3.5 million standard cubic meters (MSm3) of recoverable oil equivalents, corresponding to 6-22 million barrels of oil equivalent (boe)…
Former Elliot Management activist fund manager Franck Tuil on Thursday told Wood Group to buy back some of its stock to avoid becoming a takeover target, sending shares in the oil services provider up by the most in six weeks.It is the first public campaign for his $600 million multi-strategy fund…
The two largest U.S. oil companies - Exxon Mobil Corp and Chevron Corp - disclosed plans to increase outlays on energy projects next year amid high oil demand and prices.While spending more, it will be less than half the combined $84 billion they spent in 2013…
Norwegian major Equinor plans to drill 25 exploration wells off the Nordic country next year, compared with 22 wells this year, most of them in the North Sea, a senior executive said on Tuesday. A 'small handful' of wells will be drilled in the Norwegian and Barents Seas each…
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