Offshore

  • TGS starts 2D survey offshore Brazil

    Norway-based TGS, a provider of seismic data for oil and gas exploration, has this week started the acquisition of Pelotas 2D multi-client phase 3 offshore Brazil.

     

  • BHP Selects McDermott for Trion Floater FEED

    McDermott, an offshore engineering and construction firm, has been chosen by Australia's BHP Billiton, in collaboration with Mexico's Pemex, to provide Front-End Engineering Design (FEED) of a Semi-submersible Floating Production Unit (FPU) for the Trion field development offshore Mexico.

     

  • Vattenfall picks island offshore vessel for...

    Norwegian offshore vessel operator Island Offshore, mostly known for its offshore vessel services in the Norwegian oil and gas industry, has recently won a walk-to-work contract with Vattenfall in the offshore wind sector in Germany.

     

  • Suncor, Transocean Fined for 2018 Offshore...

    Canadian oil company Suncor, and Swiss-based offshore drilling contractor Transocean have been fined by the Canada-Newfoundland and Labrador Offshore Petroleum Board for an unauthorized discharge of drilling fluids from Transocean's offshore rig in Canada in 2018.

     

  • NYK Expands Offshore Business Opportunities with...

    Japan’s NYK Line has taken its next steps in its efforts to build business opportunities in the emerging offshore wind energy sector. NYK will be working with Sweden’s Northern Offshore Services, the largest operator of crew transfer vessels (CTV) for the offshore sector. In December 2019, NYK announced plans to collaborate with NOS in the CTV business.

     

  • 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. 

     

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United Offshore support expands into Mexico

Following a significant contract win in Brazil, United Offshore Support GmbH (UOS) announced the expansion of its Americas business into Mexico. The Germany-based company recently secured a contract with ENI Mexico, part of Eni S.p.A, to provide drilling support for the Valaris 8505 semisubmersible rig.

 
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ESG holds keel-laying for second offshore patrol cutter

Eastern Shipbuilding Group (ESG) held the keel authentication ceremony for the next U.S. Coast Guard Offshore Patrol Cutter (OPC), USCGC Chase. Admiral Karl Schultz, commandant of the U.S. Coast Guard, and Rep. Lucille Roybal-Allard (CA-40), House Homeland Security Appropriations Subcommittee Chair and ship sponsor, delivered remarks to mark the occasion.

 
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Seadrill affiliate emerges from chapter 11 bankruptcy

Seadrill Partners, an affiliate company formed by Seadrill to own, operate and acquire offshore drilling rigs, has emerged from Chapter 11 after completing its reorganization plan. Seadrill Partners filed for Chapter 11 bankruptcy in December 2020 as part of more than two dozen companies affiliated with John Fredriksen’s offshore rig operator Seadrill Limited, which itself filed for bankruptcy two months later.

 
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