1430 results found for 'seadrill'

1430 results found for 'seadrill'
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  • Oil services firms beat expectations, tough times loom

    28 August 2015

    Oil and gas service companies have fared better than expected in the first half of the year despite a weak market, thanks to deep-pocketed Middle Eastern customers and stringent cost cuts.

  • Bassoe: Ensco and Rowan just created the mother of all offshore drilling rig owners

    9 October 2018
    Exploration & Production

    The merger between Ensco and Rowan will change the entire offshore drilling industry.

  • DNV GL: How to reduce risk of jacking gear failure?

    26 September 2014
    Business & Finance

    A joint industry project on jacking system maintenance and inspection has resulted in a new DNV GL Recommended Practice. This provides guidance to ensure the correct and safe functioning of rack and pinion style jacking systems. The objective is to reduce the risk of gear failure, resulting in lower costs and higher availability throughout the […]

  • Gulf of Mexico operators evacuate offshore staff ahead of severe weather

    5 October 2017

    Oil and gas operators in the U.S. Gulf of Mexico are securing their offshore facilities and evacuating non-essential personnel due to Tropical Depression 16.  BP said in an update on Wednesday it was closely monitoring Tropical Depression 16 to ensure the safety of its personnel and operations in the deepwater Gulf of Mexico. “With forecasts indicating […]

  • Faroe Provides Result of Novus Well in Norwegian Sea

    27 January 2014
    Business & Finance, Operations & Maintenance

    Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the UK and Norway, announces the results of the Novus exploration well (Faroe 30%). Operated successfully by Faroe, the exploration well 6507/10-2S, which spudded on 11 November 2013, was targeting the Jurassic reservoirs of the […]

  • UK operator to own no rigs after selling its other stacked semi-sub

    4 May 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    UK-based Awilco Drilling has decided to sell a semi-submersible rig to its compatriot decommissioning services provider, Well-Safe Solutions.

  • Bassoe: You’re not an idiot if you believe in deepwater drilling

    27 April 2018
    Exploration & Production

    The drillship market has sucked for years. Now it’s getting interesting.

  • UK decom specialist scoops up cross-border campaign for over 20 wells in North Sea

    20 September 2022
    Business & Finance, Business Developments & Projects, Project & Tenders

    Neptune Energy has hired Well-Safe Solutions to undertake a decommissioning campaign in the Dutch and UK sectors of the North Sea.

  • JDN Monorail BOP Handling Hoists Pass First Annual Inspection (Norway)

    11 January 2013
    Business & Finance, Equipment

    Four J D Neuhaus EH 60 air operated monorail hoists supplied for offshore BOP handling have completed 12 months satisfactory operation to customer requirements and have also successfully passed their first annual inspection. These hoists were supplied and initially mounted in Norway by Westcon Løfteteknikk AS (WCL) at the Westcon yard, and were designated for […]

  • Equinor to invest more than $15 billion in Brazil until 2030

    29 August 2018

    Brazil has become a core area for the Norwegian oil and gas giant Equinor with daily oil production of over 90 000 barrels per day from current fields and with expected investments of more than $15 billion until 2030. 

  • Lamprell on Track to Deliver Windcarrier 2 (UAE)

    31 January 2013
    Business & Finance

    As scheduled, Lamprell had its naming ceremony for the Windcarrier 2 project on 19 January 2013, with various members of the senior management from the customer, Fred Olsen, present. The Windcarrier 2 vessel left the Jebel Ali facility within the last few days and has commenced its final sea trials prior to completion. The Group […]

  • Brazil: OSX Inks USD 732 Mln Shipbuilding Contract

    12 March 2012

    OSX was hired by Kingfish do Brasil Navegação S/A to build 11 medium range tankers, with 45,000 DWT each, for transportation of oil and clear products. These vessels shall be chartered by Kingfish to Petrobras. The approximate total value of the shipbuilding contract between Kingfish and OSX is US$ 732 million with deliveries expected to […]

  • Singapore: Sembcorp Marine Reports a 28% Increase in Net Profit to $176.1 million

    3 August 2010
    Business & Finance, Project & Tenders

    Singapore, August 3, 2010 : Sembcorp Marine achieved a 28% increase in net profit to $176.1 million from $138.1 million in 2Q 2009. Group turnover at $1,097.9  million was 27% lower as compared with $1,497.6 million for the corresponding period in 2009. Group operating profit at $202.3 million was 21% higher than the same quarter […]

  • Borr CEO to leave after Paragon transaction

    23 March 2018
    Business & Finance

    Borr Drilling and the company’s CEO Simon Johnson have agreed on a contract termination following the Paragon transaction.

  • UAE: Lamprell on Track to Deliver Windcarrier 2

    31 January 2013

    As scheduled, Lamprell had its naming ceremony for the Windcarrier 2 project on 19 January 2013, with various members of the senior management from the customer, Fred Olsen, present. The Windcarrier 2 vessel left the Jebel Ali facility within the last few days and has commenced its final sea trials prior to completion. The Group […]

  • Busy times ahead for Singapore giant with multimillion-dollar string of vessel repairs and upgrades in the bag

    23 July 2024
    Business & Finance, Business Developments & Projects, Project & Tenders, Vessels

    Seatrium has picked up a batch of new repairs and upgrades deals for offshore vessels, including drillships and jack-up rigs, alongside naval ships, ferries, liquefied natural gas (LNG) carriers, tankers as well as damage repair work.

  • Northern Drilling: Offshore recovery continues. Clients prefer hi-spec rigs

    28 February 2019

    Billionaire John Fredriksen’s offshore drilling company Northern Drilling feels offshore drilling market is on a recovery path, and the company is optimistic about future as clients prefer modern high-spec rigs, of which the company has four, with an option for one more.

  • Gulf of Mexico operators curb output ahead of Storm Nate

    6 October 2017

    Offshore oil and gas operators in the U.S. Gulf of Mexico are evacuating platforms and rigs and shutting-in production in preparation for Tropical Storm Nate.  According to a Thursday report by the U.S. Bureau of Safety and Environmental Enforcement (BSEE), based on data from offshore operator reports submitted as of 11:30 CDT on Thursday, personnel had […]

  • As drillship gets ready for its Brazilian gig with Petrobras, $500 million lands on Hanwha Drilling’s backlog

    2 October 2024
    Business & Finance, Business Developments & Projects, Project & Tenders

    Hanwha Drilling, part of South Korea’s Hanwha Group, has secured its first multimillion-dollar contract for a seventh-generation drillship, which will work at the coast of Brazil for the South American country’s energy giant Petrobras.

  • FPSO delay pushes North Sea project’s costs up by $400 million and bumps first oil to 2025

    21 August 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Vår Energi has made changes to the schedule for the start-up of an oil field life extension project in the Norwegian sector of the North Sea, moving it to the second quarter of 2025.

  • France: Technip Implements IFS at Flexible Pipes Production

    6 March 2012
    Business & Finance

    IFS, the global enterprise applications company, announces that Technip — the global specialist manufacturer of flexible pipes for the oil and gas industry—has implemented IFS Applications at the Flexi France site in order to consolidate its production management in project mode and to support its growth. The solution, integrated by Capgemini and successfully deployed in […]

  • Sapura Diamante: Pressure can burst a pipe or make a diamond

    21 July 2014

    Sapura Diamante is the first of five fully integrated pipe-laying vessels built by IHC Merwede for Sapura Navega^ao Maritima (SNM) from Brazil. With the contract signed early 2012, the keel-laying ceremony for the 550 ton pipe-laying vessels was conducted on 15 January 2013. The launch and naming ceremony was held on 27 September 2013 at […]

  • Statoil to Triple Arctic Research Budget (Norway)

    28 August 2012
    Business & Finance

    Statoil is stepping up its Arctic activities and will drill nine wells during a non-stop 2013 Norwegian Barents exploration campaign. The company plans to meet development challenges here by tripling its Arctic technology research budget. Statoil’s exploration experience in the Barents is already extensive. Of the 94 exploration wells drilled in the Norwegian Barents Sea […]

  • Equinor to press on with procurement processes for Bay du Nord oil project

    25 August 2022
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders, Vessels

    Equinor will continue its Bay du Nord procurement processes, including options such as the recent expression of interest for FPSO Topside Engineering and Procurement for FEED, with an option for execution.

  • COPL starts drilling campaign and expands interest in West Africa.

    31 March 2014
    Business & Finance

    Canadian Overseas Petroleum Limited, the offshore West Africa focused oil and gas exploration and development company, has provided a corporate and operational update. London Listing COPL has received approval from the UK Listing Authority for the publication of a prospectus relating to its admission to the standard listing segment of the Official List, and to […]