288 results found for 'transocean barents'

288 results found for 'transocean barents'
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  • With Chapter 11 emergence in sight, Seadrill reveals new board members

    18 November 2021
    Business & Finance, Business Developments & Projects

    Seadrill Limited has revealed its new board structure as the company is preparing to emerge from the Chapter 11 bankruptcy.

  • Faroe Petroleum Announces Operational Update (UK)

    26 February 2013
    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 North Sea and Norway, provides an operational update. The Company currently has two exploration wells Rodriguez South (Faroe 30%), Norwegian Sea and North Uist (Faroe 6.25%), West of Shetland. Planned near term exploration wells […]

  • Energy trip down memory lane: Offshore oil & gas discoveries to remember 2024 by

    1 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse gas (GHG) emission reduction endeavors alongside new hydrocarbon pursuits. Offshore Energy has made a collection of the most significant oil and gas finds that came to light last year.

  • BP to pay $20.8 billion for Deepwater Horizon spill

    6 October 2015
    Exploration & Production

    The U.S. Government and five Gulf states, Alabama, Florida, Louisiana, Mississippi and Texas, hit by the massive oil spill from the Deepwater Horizon blowout in 2010, have reached a settlement to resolve civil claims against BP. The global settlement is worth more than $20 billion. The explosion and fire which occurred on April 20, 2010, destroyed […]

  • Norway’s tax relief to boost rig demand but UK demand to take the biggest hit, Rystad says

    26 June 2020
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production

    Norway’s recent tax relief package for the oil and gas industry is expected to cut breakeven prices by 40 per cent, thereby boosting the country’s rig demand while the UK’s plunges.

  • DNO launches hostile takeover bid for Faroe Petroleum

    26 November 2018
    Business & Finance

    Norwegian oil and gas operator DNO has launched a takeover bid for Faroe Petroleum, an oil company focused on the North Sea oil and gas exploration and production.

  • Transocean, Noble, Valaris, Borr, and Odfjell Drilling fleets’ $23 billion backlog spotlights state of play in booming rig market

    11 November 2024
    Business & Finance, Business Developments & Projects, Exploration & Production

    Transocean, Noble Corporation, Valaris, Borr Drilling, and Odfjell Drilling have secured a combined total backlog of $23.22 billion in the third quarter of 2024, which is higher than $23.03 billion in the second quarter of 2024 and $22.7 billion in the third quarter of 2023.

  • Bassoe: Zombie offshore rigs don’t threaten rig supply

    9 November 2017
    Exploration & Production

    Some of them are walking dead, but old rigs aren’t coming back to get us.

  • Statoil Hits Dry Well in Barents Sea

    20 June 2014
    Business & Finance, Operations & Maintenance

    Statoil Petroleum AS, operator of production licence 615, has completed the drilling of wildcat well 7324/2-1. The well was drilled about 45 kilometres north of the 7324/8-1 “Wisting Central” discovery, and 350 kilometres north of Hammerfest. The primary exploration target for the well was to prove petroleum in reservoir rocks from the Middle Jurassic to Late […]

  • Interview: The Way Forward after Deepwater Horizon Spill

    28 January 2015
    Business & Finance

      January 20th marked the beginning of the third phase of the multiyear trial before the New Orleans District Court to determine how much BP and other responsible parties should pay for their role in the BP Deepwater Horizon oil disaster in the Gulf of Mexico. As the end of legal saga on one of […]

  • Step on the gas, pretty please

    1 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Transition

    Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.

  • Transocean rig boosting staff safety with UK player’s zone monitoring tech

    28 November 2024
    Business & Finance, Business Developments & Projects, Equipment, Exploration & Production, Innovation, Project & Tenders, Safety, Technology

    Salunda has secured its first installation of its patented zone monitoring technology in Australia and the wider Asia Pacific (APAC) region, thanks to a deal to deploy its zone monitoring solution on one of Transocean’s rigs working in Australian waters.

  • Interview: Dive into the well of offshore drilling wisdom

    5 June 2018
    Exploration & Production

    Many of you, if at all interested in offshore drilling – reading this on Offshore Energy Today means that you are – have probably heard the name, David Carter Shinn.