Alaska O&G lease sale attracts just one bid
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
Oil & Gas
Borr Drilling wins work for two jack-ups
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
Sembcorp Marine delivers second 8th generation drillship
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
Seadrill in $958 million acquisition of Aquadrill
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, Jackson Offshore to collaborate on hybrid solutions
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
Solstad Offshore books 5-year contracts for two PSVs
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
Volstad to fit OCV with NES battery pack
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
Drilling starts on Norwegian Sea exploration well
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
Tidewater marks “a satisfying milestone”
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
Offshore CCS solution promises to cut oil and gas field emissions
A modularized carbon capture facility that would serve offshore oil and gas fields has received DNV approval. Developed by Aker Carbon Capture and called Just Catch Offshore, it is now ready to