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Business & Finance

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West Hercules rig (for illustration purposes); Source: Seadrill
Business & Finance

U.S. offshore rig count slips a notch

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States dropped down by one unit last week.

about 3 years ago
Aker Solutions
Business & Finance

Multiple players join forces to scale up oil & gas field decarbonisation

On a quest to decarbonise oil and gas field operations, four companies have teamed up to specify and fund pre-FEED for two emission-free power projects.

about 3 years ago
Vela drillship (for illustration); Source: Aquadrill (former Seadrill Partners)
Business & Finance

U.S. offshore rig count hits the brakes

Baker Hughes’ weekly rig count report shows that the number of offshore rigs in the United States came to a stop and remained unchanged last week.

about 3 years ago
Fugro's remote operations center in Canada opens for business
Business & Finance

Fugro’s remote operations center in Canada opens for business

Fugro has opened a new remote operations center (ROC) in St. John’s, Canada, which will be used for controlling offshore survey operations. According to Fugro, the St. John’s ROC will serve offshore energy and other marine-based clients whose work in Canada often involves harsh operating conditions

about 3 years ago
Sevan Louisiana semi-sub (for illustration purposes); Source: Seadrill
Business & Finance

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 & Finance

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 & Finance

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
Illustration of Bay du Nord FPSO; Source: Equinor
Business & Finance

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 & Finance

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 & Finance

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
Bay du Nord FPSO; Source: Sea Salt Design
Business & Finance

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 & Finance

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 & Finance

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 & Finance

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
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