The market for modern jack-up rigs has reached 90 percent utilization – for the first time in the cycle – and the demand for jack-up rigs is growing, offshore drilling company Borr Drilling has said.
Works on the construction of offshore facilities dismantlement area at what will be the Decommissioning Facility at the Energy Park Fife in Methil, Scotland, are set to begin by the end of the year.
Russian natural gas exports to Austria have reached a new high during the year so far, heads of the two companies noted during a working meeting in St. Petersburg.
Subsea services provider Rever Offshore has signed a three-year extension to the charter of the Diving Support Vessel Rever Topaz.
Oil giant Shell has hired Shearwater GeoServices for a seismic acquisition project in the Black Sea.
Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has taken over management of its first LNG carrier, the Flex Enterprise.
French LNG operator Elengy has signed a memorandum of understanding with Rubis Terminal to launch preliminary studies for the development of an LNG storage facility at the Reichstett (Bas-Rhin) storage terminal.
Spain’s imports of liquefied natural gas (LNG) jumped 12 percent in October when compared to the corresponding month last year, according to the monthly data by the LNG terminal operator Enagás.
Gazprom to advance LNG, sees no prospects in shale gas Russia’s Gazprom noted that shale gas production outside of North America will not have a significant impact on the global gas market configuration and future export activities of Gazprom even by 2030. Shell inks deal to supply Teekay’s LNG-fuel
Offshore Energy Today’s most popular news from the past week.
UK private oil and gas operator Corallian Energy has revealed plans for an initial public offering (IPO) next year and a farm-out process for two North Sea prospects.
Oil and gas company Neptune Energy has stated that its new projects would raise production by 110,000 barrels of oil equivalent (boe) per day in the next two years.
The Marseilles Commercial Court has received offers for concerning assets and activities of Bourbon Corporation and Bourbon Maritime.
Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, reported an earnings hit following one-time non-cash write off in the third quarter of the year.
