Complying with the Inflation Reduction Act of 2022, the Bureau of Ocean Energy Management (BOEM) has issued its Final Supplemental Environmental Impact Statement (EIS) for two upcoming Gulf of Mexico Outer Continental
The Bureau of Ocean Energy Management (BOEM) held Cook Inlet Oil and Gas Lease Sale 258 on December 30, 2022, as directed by the Inflation Reduction Act of 2022. The sale generated
Borr Drilling Limited (NYSE and OSE: BORR) reports that it has been awarded new contracts for two of its premium jack-up drilling rigs. The awards increase the company’s backlog by approximately 2,030
Delivered to Transocean subsidiary Triton Titan GmbH by Singapore’s Sembcorp Marine, the Deepwater Titan is the world’s second eighth-generation drillship. Like the Deepwater Atlas, delivered earlier this year, it is built to
Offshore drilling contractors Seadrill Limited (NYSE & OSE: SDRL) and Aquadrill LLC have entered into a definitive merger agreement that will see Seadrill acquire Aquadrill in an all-stock transaction. On completion of
Caterpillar Marine and Harvey, La., headquartered Jackson Offshore Operators LLC are to pilot an integrated hybrid energy solution aimed at reduction of fuel consumption and diesel exhaust emissions. The technology will be
Skudeneshavn, Norway, headquartered Solstad Offshore ASA (OSE: SOFF) reports that two of its PSVs, Normand Naley and Sea Frost, have been awarded five-year contracts by Equinor UK Limited (Equinor). Both contracts will
Aalesund, Norway, headquartered Volstad Maritime has contracted HAV Group ASA subsidiary Norwegian Electric Systems AS (NES) to deliver a battery pack and associated battery charging control system for its offshore construction vessel
Norway continues to develop its North Sea oil and gas assets and on Friday, Neptune Energy, a leading independent international oil and gas exploration and production company, announced that drilling had commenced
Houston-headquartered offshore services giant Tidewater Inc. (NYSE:TDW) has released third quarter results that see it report positive net income for the first quarterly period since 2017. “Our third quarter performance reinforces our
