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Business Developments & Projects

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Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Business Developments & Projects

U.S. offshore rig count drops down a notch

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. slipped down one unit last week.

about 3 years ago
New company for offshore services comes to market
Business Developments & Projects

New company for offshore services comes to market

France-headquartered Bourbon and Canada’s Horizon Maritime have established a new company with a base fleet of seven vessels dedicated to providing marine services and operations with a focus on the North Sea and Canadian offshore markets. Incorporated in Norway, Bourbon Horizon is strategically pos

about 3 years ago
Deepwater Champion drillship (for illustration purposes); Source: Transocean
Business Developments & Projects

U.S. steps up its offshore rig count game

Baker Hughes’ weekly rig count report has revealed that the number of offshore rigs in the U.S. was on an upward trajectory last week.

about 3 years ago
EverWind Fuels receives environmental approval for Point Tupper project
Business Developments & Projects

EverWind Fuels receives environmental approval for Point Tupper project

Timothy Halman, Minister of Environment and Climate Change, Government of Nova Scotia, has issued an environmental approval to EverWind Fuels, developer of green hydrogen and ammonia production, for the initial phase of the $6 billion, 1 million tonnes per annum green hydrogen and green ammonia proj

about 3 years ago
Illustration of Bay du Nord FPSO; Source: Equinor
Business Developments & Projects

What’s new for the controversial Bay du Nord oil project?

The court hearing for the controversial Bay du Nord offshore oil project was expected to kick off last week, however, this was not the case. What does this mean for the project? Is the hearing cancelled or just postponed until a later date?

about 3 years ago
West Carina drillship (for illustration purposes); Source: Seadrill
Business Developments & Projects

U.S. offshore rig count goes down a notch

Baker Hughes’ rig count report: The number of offshore rigs in the U.S. dropped for the third week in a row, slipping to 12 units last week.

about 3 years ago
January brings increase to offshore rig count
Business Developments & Projects

January brings increase to offshore rig count

The international offshore rig count recorded an increase of ten units in January 2023 compared to December last year, according to the latest rig count report from Baker Hughes. The international rig count is up 60 rigs from last year’s count of 841, with offshore rigs up 31 and onshore rigs up 29.

about 3 years ago
Construction starts on Seaspan’s 1st LNG bunker vessel at CIMC SOE
Business Developments & Projects

Construction starts on Seaspan’s 1st LNG bunker vessel at CIMC SOE

Chinese shipbuilder CIMC Sinopacific Offshore & Engineering (CIMC SOE) has started construction of the first 7,600-cbm liquefied natural gas (LNG) bunkering vessel for Canadian shipowner Seaspan.

about 3 years ago
Uranus rig; Source: Trillion Energy
Business Developments & Projects

Canadian player takes steps to gain more insight into Black Sea project’s gas potential

Canada’s oil and gas player Trillion Energy has kicked off its 3D seismic reprocessing project for a natural gas field in the Black Sea offshore Türkiye

about 3 years ago
Bay du Nord FPSO; Source: Sea Salt Design
Business Developments & Projects

Controversial Bay du Nord oil project saga continues with court challenge

Equinor has a court fight on its hands this week regarding the development of its controversial Bay du Nord offshore oil project located in Canada.

about 3 years ago
TC Energy ‘disappointed’ as Coastal GasLink faces increased construction costs
Business Developments & Projects

TC Energy ‘disappointed’ as Coastal GasLink faces increased construction costs

North America’s energy infrastructure company TC Energy has updated cost estimates for the Coastal GasLink project, a pipeline that is expected to transport natural gas to the approved LNG Canada facility near Kitimat, British Colombia, Canada. TC Energy said in the update that the project continues

about 3 years ago
FortisBC to expand its Tilbury LNG storage
Business Developments & Projects

Snuneymuxw and FortisBC ally for Tilbury LNG projects

FortisBC Holdings, a subsidiary of Fortis Inc., the North American regulated electric and gas utility company, and Snuneymuxw First Nation of the Coast Salish People, located in the centre of Coast Salish territory, have signed an agreement to collaborate on the Tilbury projects in Canada. According

about 3 years ago
U.S. offshore rig count slips down few more notches
Business Developments & Projects

U.S. offshore rig count slips down few more notches

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the U.S. took a tumble last week and fell by 3 more units.

about 3 years ago
Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023
Business Developments & Projects

Drilling campaign in Gulf of Mexico on Murphy’s agenda for 2023

Houston-based oil and gas company Murphy Oil is working on progressing its 2023 drilling campaign in the Gulf of Mexico.

about 3 years ago
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