Offshore

  • Jack-up rig tilts and sinks off Malaysia

    ConocoPhillips and Malaysian offshore drill rig operator Velesto confirmed reports that a jack-up rig operating at the Salam-3 field off the coast of Sarawak, Malaysia collapsed and sunk earlier today. All the personnel working aboard the rig were safely evacuated before it sank and have been accounted for according to Velesto.

     

  • Valaris emerges from bankruptcy, continuing...

    The Valaris Group completed its financial restructuring emerging from chapter 11 bankruptcy proceedings as part of the ongoing restructuring taking place across the offshore sector. The reformatted company reports it eliminated $7.1 billion of debt while continuing to operate the largest fleet of offshore drillships, semisubmersibles, and jackups. Management also expressed cautious optimism in the outlook for the market. 

     

  • Equinor files plan to electrify troll west field

    Norway's Equinor, with partners Petoro, Shell, Total, and ConocoPhillips, has decided to electrify the Troll West field offshore Norway and has submitted the plan for development and operation to the Norwegian minister of petroleum and energy. 

     

  • Acergy Viking to be converted to hybrid propulsion

    Eidesvik said it plans to upgrade its offshore wind support vessel Acergy Viking with a battery pack and hybrid propulsion solution, in line with the Norwegian vessel operator's plans to reduce its fleet’s emissions by 50% by 2030 and to operate emissions-free by 2050.

     

  • Aramco awards Lamprell EPCI contract

    UAE-based offshore construction company Lamprell said on Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco.

     

  • CGG delivers data from Agata Reimaging for Brazil...

    CGG delivered the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt. The ultramodern reimaged seismic data set covering over 9,300 sq km will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7th Production Sharing Bidding Round.

     

  • Equinor contracts Seadrill drillship West Saturn

    Offshore drilling contractor Seadrill said it has secured a four-year firm contract with four one year options for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.

     

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Jack-up rig tilts and sinks off Malaysia

ConocoPhillips and Malaysian offshore drill rig operator Velesto confirmed reports that a jack-up rig operating at the Salam-3 field off the coast of Sarawak, Malaysia collapsed and sunk earlier today. All the personnel working aboard the rig were safely evacuated before it sank and have been accounted for according to Velesto.

 
English

Valaris emerges from bankruptcy, continuing industry restructuring

The Valaris Group completed its financial restructuring emerging from chapter 11 bankruptcy proceedings as part of the ongoing restructuring taking place across the offshore sector. The reformatted company reports it eliminated $7.1 billion of debt while continuing to operate the largest fleet of offshore drillships, semisubmersibles, and jackups. Management also expressed cautious optimism in the outlook for the market. 

 
English

Equinor files plan to electrify troll west field

Norway's Equinor, with partners Petoro, Shell, Total, and ConocoPhillips, has decided to electrify the Troll West field offshore Norway and has submitted the plan for development and operation to the Norwegian minister of petroleum and energy. 

 
English

Acergy Viking to be converted to hybrid propulsion

Eidesvik said it plans to upgrade its offshore wind support vessel Acergy Viking with a battery pack and hybrid propulsion solution, in line with the Norwegian vessel operator's plans to reduce its fleet’s emissions by 50% by 2030 and to operate emissions-free by 2050.

 
English

Aramco awards Lamprell EPCI contract

UAE-based offshore construction company Lamprell said on Wednesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco.

 
English

CGG delivers data from Agata Reimaging for Brazil Project

CGG delivered the fast-track data from its Agata Reimaging program over the Agata block in the Santos Basin, a highly prolific area of Brazil’s offshore pre-salt. The ultramodern reimaged seismic data set covering over 9,300 sq km will provide valuable information to oil and gas companies wishing to evaluate acreage and assess the potential of the Agata block, prior to Brazil’s upcoming 7th Production Sharing Bidding Round.

 
English

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