Administration plans largest ever offshore oil and gas lease sale

OCTOBER 26, 2017 — The U.S. Department of the Interior is proposing the largest oil and gas lease sale ever held in the United States –76,967,935 acres in federal waters of the

Seven injured, one missing in platform explosion

OCTOBER 16, 2017— The City of Kenner (Louisiana) reported on its Facebook page that at least seven people were injured and another is missing in an explosion on a natural gas platform

Larry Rigdon named Tidewater interim CEO and President

OCTOBER 16, 2017 — Tidewater Inc. (NYSE: TDW) said today that Jeffrey M. Platt has elected to retire effective October 15, 2017 from his roles as CEO, President, and a director of

Underwater sterntube seal repairs keep semi on hire

OCTOBER 11, 2017 — When a semi-submersible offshore platform completed an oil & gas project offshore Veracruz, Mexico, twelve seals on its two sterntube assemblies needed to be replaced. The unit left

Sembcorp Marine to sell nine jack-ups for $1.3 billion

OCTOBER 9, 2017 — Singapore’s Sembcorp Marine reports that wholly-owned subsidiary PPL Shipyard Pte Ltd has signed agreements for the sale of nine Pacific Class 400 jack-up drilling rigs to Borr Drilling

Keppel Shipyard wins another FPSO conversion contract

OCTOBER 4, 2017 — Singapore’s Keppel Shipyard Ltd (Keppel Shipyard), a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured a Floating Production Storage and Offloading vessel (FPSO) conversion contract

PPL Shipyard terminates three jack-up contracts

OCTOBER 4, 2017 — Sembcorp Marine reports that wholly-owned subsidiary, PPL Shipyard Pte Ltd has terminated three contracts with Mexico’s Integradora de Servicios Petroleros Oro Negro, S.A.P.I. de C.V. and its subsidiary Oro

Innovation in well work over gets ABS approval

SEPTEMBER 25, 2017 — A cantilever system developed by Abu Dhabi based Gulf Marine Services (GMS) has received ABS design approval and certification. Installed on the self-elevating support vessel (SESV) GMS Evolution,

Transocean to retire six floaters, take $1.4 billion hit

SEPTEMBER 23, 2017 — Transocean Ltd. (NYSE:RIG) says it intends to retire the ultra-deepwater floaters GSF Jack Ryan, Sedco Energy, Sedco Express, Cajun Express, and Deepwater Pathfinder, and the deepwater floater Transocean

Seadrill files for Chapter 11 bankruptcy

SEPTEMBER 12, 2017 — Offshore drilling contractor Seadrill Limited has today filed prearranged Chapter 11 cases in the Southern District of Texas together with an agreed restructuring plan. As part of the

LOAD MORE