1235 results found for 'paragon'

1235 results found for 'paragon'
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  • Popular offshore industry news in 1Q 2018

    1 January 2019

    The most popular news at Offshore Energy Today during the first quarter of 2018.

  • Schlumberger man to take on Borr Drilling CEO role

    10 August 2020
    Business & Finance, Business Developments & Projects

    Offshore drilling rig owner Borr Drilling has named a new chief executive officer (CEO) of the company.

  • Xodus Successful in U.S. Gulf of Mexico

    6 December 2011
    Business & Finance

      International energy consultancy Xodus Group has secured more than $1 million of contracts in the Gulf of Mexico since it opened its office in Houston in February.  The company’s recruitment drive continues and it has invested $2 million in a move to new larger premises in Richmond Avenue in the city’s energy corridor. The […]

  • Australia: Lowrie Constructions Wins Multi-Million Telecom Rooms Contract for PNG LNG Project

    23 December 2010
    Project & Tenders

    An Australian company has beaten off stiff overseas competition to win a multi-million dollar contract to supply specialist telecommunications rooms along the route of the inland pipeline for Papua New Guinea’s US$15 billion liquefied natural gas project. Perth-based Lowrie Constructions Limited will supply at least three separate telecommunications facilities in remote areas of the pipeline […]

  • Xodus Group Secures Several Contracts in Gulf of Mexico (USA)

    6 December 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    International energy consultancy Xodus Group has secured more than $1 million of contracts in the Gulf of Mexico since it opened its office in Houston in February. The company’s recruitment drive continues and it has invested $2 million in a move to new larger premises in Richmond Avenue in the city’s energy corridor. The firm […]

  • Namibia: Tullow to spud Cormorant prospect next September

    27 November 2017
    Project & Tenders

    Joint venture partners in the PEL 37 license offshore Namibia have agreed to drill an exploration well on the Cormorant prospect with a targeted spud date of September 1, 2018.

  • Hansa, ONE in ‘significant’ gas discovery in North Sea

    29 September 2017
    Exploration & Production, Project & Tenders

    Hansa Hydrocarbons and Oranje-Nassau Energie B.V. (ONE) have encountered what they say is a significant gas discovery in the North Sea.  Hansa Hydrocarbons informed on Tuesday, September 26 that the N05-1 exploration well drilled offshore Netherlands on its GEms licences, had been confirmed as a significant discovery encountering gas in the target basal Rotliegend sandstones. The […]

  • Ocean Rig drillship mobilized to Tullow’s well off Namibia

    13 June 2018
    Exploration & Production

    An Ocean Rig-owned drillship has been mobilized to Namibia in preparation for the drilling of Tullow Oil’s Cormorant-1 well planned for September.

  • Most watched offshore industry galleries of 2017

    2 January 2018

    Offshore Energy Today is sharing the most popular galleries published on our website during 2017.

  • Popular offshore industry news in 2Q 2018

    1 January 2019

    The most popular news at Offshore Energy Today during the second quarter of 2018.

  • Borr Drilling: No long-term rig deals at breakeven rates

    31 May 2018
    Exploration & Production

    Offshore drilling company Borr Drilling, which “has taken the jack-up rig hoarding to a new level,” after several recent acquisitions, is now in talks to find work for some of its drilling units.

  • MSC Cruises to Receive ‘7 Golden Pearls’ Award

    20 March 2013
    Business & Finance

    MSC Cruises is committed to making green choices that keep the oceans blue. The company’s energy efficiency matches the industry-leading ecoship and cleanship credentials and its green efforts have been recognized with a string of environmental certifications, alongside awards praising its creative interior design, comfort, cuisine and friendly service. Once again, the latest flagship in […]

  • Offshore Safety Directive: More Paperwork or More Clarity?

    14 October 2015
    Business & Finance

    Following one of the most catastrophic environmental disasters in 2010, the Deepwater Horizon oil spill in the Gulf of Mexico, a growing pressure from the public drove Brussels to adopt the European Union Safety Directive in June 2013. The European member states were given until the 19th of July 2015 to transpose the provisions into […]

  • Offshore Safety Directive: More Paperwork or More Clarity?

    14 October 2015
    Business & Finance

    Following one of the most catastrophic environmental disasters in 2010, the Deepwater Horizon oil spill in the Gulf of Mexico, a growing pressure from the public drove Brussels to adopt the European Union Safety Directive in June 2013. The European member states were given until the 19th of July 2015 to transpose the provisions into […]

  • Offshore Namibia seismic results encouraging, Pancontinental says

    23 July 2014
    Business & Finance, Project & Tenders

    Pancontinental Oil and Gas NL has advised that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial Assessment of Seismic Data Initial mapping has confirmed at least four main prospects in the 3D area – the Albatross, Gannett, Petrel and Seagull Prospects. The Prospects […]

  • Pancontinental: Early Mapping Identifies Major Prospects in EL 0037, Off Namibia

    23 July 2014
    Business & Finance, Operations & Maintenance

    Pancontinental Oil and Gas NL advises that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial mapping has confirmed at least four main prospects in the 3D area – the Albatross, Gannett, Petrel and Seagull Prospects. The Prospects appear to […]

  • TechX Accelerator Highlights First Pioneers

    15 March 2018
    Business & Finance, Equipment, Research & Development

    TechX Pioneer technology accelerator programme has selected 10 tech start-ups who will receive up to £100,000 funding. An entire laboratory shrunk onto a microchip, pipelines that are ‘zipped’ together and a safer, greener and cheaper alternative to liquified natural gas (LNG) could soon be making their way into the UK North Sea as part of […]

  • Lowrie Constructions Secures Second PNG LNG Contract (Papua New Guinea)

    25 April 2011
    Project & Tenders

      An Australian company has won its second contract for Papua New Guinea’s US$15 billion liquefied natural gas (LNG) project. Perth-based Lowrie Constructions Limited announced today it had been contracted to build and supply the project’s marine terminal control shelter at Port Moresby. The new LNG processing plant is currently under construction in Port Moresby […]

  • Borr buying 5 newbuild jack-up rigs from Keppel for $745M

    16 May 2018
    Exploration & Production

    Offshore driller Borr Drilling has signed a master agreement with Singapore’s Keppel, to acquire five jack-up rigs for a total value of approximately $745m.

  • Polarcus Asima completes 3D seismic survey offshore Namibia

    11 April 2014
    Project & Tenders

    Pancontinental Oil & Gas NL has announced an extensive 3D seismic survey has been completed within its highly prospective offshore acreage in licence area EL 0037 offshore Namibia, southwest Africa. The 3D acquisition, over approximately of 3,000km2, covers a number of strong “Leads” that have already been mapped on existing 2D seismic data. A second 2D acquisition phase will […]

  • Orca wraps up offshore program on Songo Songo

    22 February 2016
    Exploration & Production, Project & Tenders

    Orca Exploration Group has announced the completion of its offshore workover and drilling program on the Songo Songo gas field development offshore Tanzania, and the release of the Paragon M826 drilling workover rig. The offshore program of the Songo Songo Main Field development program included workovers on three existing wells (SS-5, SS-7 and SS-9) and the […]

  • Rystad: Borr helping entire jack-up market by pushing up utilization levels

    19 June 2018
    Exploration & Production

    Analysis by Rystad Energy shows that Borr Drilling would emerge with the largest and youngest jack-up fleet if rigs over 35 years were retired in the short term.

  • Out of layup & back to work

    6 April 2017
    Exploration & Production

    The worst is over, the layup list is decreasing. But after the most brutal downturn in memory, what are we left with? Written by Inger-Louise Molver, Offshore Analyst at Westshore    AHTS will see the quickest recovery Around a third of the AHTS vessels trading the spot market have disappeared since the high point back […]

  • Offshore rig market shakeup will be like nothing we’ve seen before

    6 July 2017
    Exploration & Production

    As the “lower for longer” outlook keeps getting longer, some rig owners are setting the scene for a major restructuring in the offshore drilling industry. By David Carter Shinn Within a reasonable timeframe, rig dayrates, especially for deepwater drilling rigs, won’t increase from current cash break-even levels. Rig asset values are at less than 50% […]

  • ‘Proud moment’ for Reach Subsea as its USV travels to Australia

    26 August 2025
    Business & Finance, Business Developments & Projects, Innovation, Outlook & Strategy, Technology, Vision

    Norway’s Reach Subsea has sent off its uncrewed surface vessel (USV) on a trip to Australia where it will provide reservoir monitoring for Australia’s energy giant Woodside Energy. The Reach Remote 2 USV, which Reach Subsea took delivery of in June, is currently travelling to Australia to perform reservoir monitoring on the Scarborough gas field, […]