The installation of the Malampaya Depletion Compression Platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea off the coast of Palawan, Philippines has been completed. Following the completion of Substructure Engineering Design in early 2014, Shell Philippines Expl
All Coast, LLC, the largest Gulf of Mexico liftboat operator, has christened its new Class 250 liftboat, the Great White. The christening ceremony took place on August 20 at C and M Marina in Lafitte, Louisiana. The Great White is a 250-foot leg liftboat, designed and built by SEMCO, a Louisiana-bas
Rowan Companies, a U.S. drilling contractor, has secured several contract extensions, according to its August fleet update. Most notably, Saudi Aramco extended contracts for three jack-up units, Rowan Middletown, Charles Rowan, and Arch Rowan. The contracts have been extended for three years each, u
Singapore’s Sembcorp Marine has won a $1 billion contract from Maersk Oil to build offshore facilities for the Monday-approved Culzean field in the UK North Sea. Under the agreement SMOE Pte Ltd, a Sembcorp Marine subsidiary, will build the Central Processing Facility plus 2 connecting bridges, Well
Maersk Drilling, a Danish offshore drilling contractor, has won a case against its former employee of Russian origin. Namely, the employee, named Vladimir Volkov, according to Danish media, has been sentenced to four years in prison for defrauding the company. The 30-year-old, living in Murmansk, Ru
Norwegian oil and gas major Statoil has failed to find oil in its latest North Sea exploration well. The wildcat well 16/7-11, is located in the production licence 72 B in the North Sea, offshore Norway. The Norwegian Petroleum Directorate (NPD) granted Statoil a drilling permit for well on August 1
Petrofac, a UK-based oilfield services provider, has reached a safety milestone off the coast of Malaysia. The company has reported that its Berantai field team has surpassed the 1 million man hour mark of safe offshore operations without a Lost Time Injury (LTI). Petrofac is working at the Berantai
Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which the U.S. offshore rig count is down compared to the previous week. BHI Rig Count: U.S. -8 to 877 rigs U.S. Rig Count is down 8 rigs from last week to 877, with oil rigs up 1 at 675, [&h
Bergen Group on Thursday submitted an arbitrary subpoena against Borgland Dolphin Pte. Ltd (Dolphin) due to lack of payments from the rig project, the Borgland Dolphin, completed in the first quarter of 2015. According to Bergen Group’s second quarter 2015 interim report, the company resolved on Aug
The Petroleum Safety Authority Norway (PSA) carried out on May 20, 2015, an audit of Statoil’s implementation of the planned control room solution for the production platform on Valemon gas and condensate field in the Norwegian North Sea. Statoil-operated Valemon field lies in blocks 34/11 and 34/10
West Venture, a semi-submersible drilling rig, has ended its adventure with Norway’s largest oil company Statoil, after fifteen years in service. The owner of the rig, North Atlantic Drilling Limited (NADL), said on Thursday the rig had completed its contract. The rig, built in 2000, is now undergoi
Sevan Drilling Limited, an international drilling contractor specializing in the ultra deepwater segment, on Thursday posted a rise in net profit for the second quarter of 2015 when compared to the same period last year. Namely, Sevan reported a net profit of $13.7 million in Q2 2015 compared to $9.
Three years after two workers were killed in an offshore explosion on a drilling rig in Australia, the rig’s owner has pleaded guilty. Namely, in the Magistrates Court of Victoria yesterday, Stena Drilling Australia Pty Ltd, the owner of the Stena Clyde – the rig in question – pleaded guilty for bre
Seadrill, one of the world’s largest offshore drilling contractors, on Thursday reported its second quarter 2015 net income was $423 million. Net income fell when compared to $653 million earned in the second quarter of last year. Revenue was $1.15 billion in 2Q 2015, vs $1.22 billion in 2Q 2014. As
