MarineLink News Search
Search term • Is-More-Drilling-on-the-Way?
Create an email alert for Is-More-Drilling-on-the-Way?
Transocean Reels In Two Deepwater Drillship Deals in Gulf of Mexico
Offshore drilling firm Transocean said Wednesday it had secured contracts for two offshore drilling rigs in the Gulf of Mexico. The contracts are worth $55.5 million…
Guyana in Focus: ExxonMobil Finds More Oil; FPSO Appetite 'Huge'
U.S. oil major ExxonMobil has made another oil discovery at the prolific Stabroek offshore block in Guyana. This adds to around nine billion barrels of oil equivalent…
Florida Senators Move to Firm Up Offshore Drilling Ban
U.S. Senators Marco Rubio (R-FL) and Rick Scott (R-FL) introduced the American Shores Protection Act to codify the moratorium on oil and gas drilling off the coasts of Florida that was put in place by September 8, 2020, Executive Order by then-President Trump. Under the legislation, the moratorium would be in place for the Eastern Gulf of Mexico and South Atlantic until 2032.Congressman Michael Waltz (R-FL) introduced companion legislation in the U.S. House of Representatives.
VIDEO: Jack-up Unit Tilts Off China. Four Missing
Four people fell into the sea and went missing after an offshore construction unit tilted off the coast of Huzhou City, China, CGTN, a Chinese state-backed news website, said Monday.According to CGTN, there were 65 people on board when the incident took place.CGTN said in a video tweeted on Monday that four people had been missing, with the rest of the crew rescued.The news agency further said that…
Transocean Sees Multiple Offshore Rig Deals Awarded, One Terminated in Q2
Offshore drilling contractor Transocean on Wednesday released its quarterly offshore drilling rig fleet status report, which shows one contract terminated in Norway…
Neptune Energy Hires Fugro for Cygnus Subsea Work
Dutch seabed survey services firm Fugro has won a subsea inspection contract with the oil and gas company Neptune Energy at the Cygnus gas field in the UK North Sea.As part of the contract, Fugro will employ its specialized survey technology to inspect the subsea infrastructure, including pipelines and structures, and to undertake survey activities in advance of future drilling campaigns on the Cygnus field.
Buyers Reportedly Line-up for a Crack at Seadrill
Noble Corp and a consortium that includes Transocean Ltd and Dolphin Drilling are competing to acquire the assets of Seadrill Ltd, the bankrupt offshore oil driller controlled by Norwegian-born tycoon John Fredriksen, people familiar with the matter said on Tuesday.Seadrill is trying to emerge from its second U.S. Chapter 11 bankruptcy in four years: like many in the industry, it expanded its drilling…
Perenco, SNH to Increase Utilization of Golar's Hilli Episeyo FLNG
Oil and gas company Perenco and Cameroon's national oil firm SNH have agreed with Golar LNG to increase the utilization of the FLNG Hilli Episeyo - Africa's first FLNG in operation and the world’s first converted FLNG. The Hilli Episeyo FLNG vessel moored offshore Cameroon and producing from SNH and Perenco's offshore gas fields, started producing in March 2018. The initial agreement was for the use…
VIDEO: Elon Musk Shows Off SpaceX Droneship
Elon Musk, a billionaire behind the SpaceX company, on Friday tweeted a video of a new Space X vessel named A Shortfall of Gravitas.SpaceX, or Space Exploration Technologies Corp, was founded by Musk back in 2002 to cut space transportation costs and eventually enable the colonization of Mars. It designs, manufactures and launches advanced rockets and spacecraft.According to available info, A Shortfall of Gravitas is an autonomous spaceport drone ship (ASDS) made from a converted deck barge…
Solstad Secures Contracts for Several PSVs, Anchor Handlers
Norwegian offshore vessel owner Solstad Offshore said Wednesday it had won multiple vessel contracts and extensions, with a duration of the contracts of around 1,000 vessel days in total.Solstad's platform supply vessel Normand Leader has been contracted to support a project offshore Australia. The contract is scheduled to start in Q3 2021 and will keep the PSV busy throughout 2021.The company further…
Wilson Sons Eyes Opportunities in Gas
A new gas law in Brazil aims to see liquefied natural gas (LNG) will have a relevant role in the national market, a move that could drive new opportunties on the waterfront.Wilson Sons, the largest operator of maritime and port logistics in the Brazilian market, stands to benefit, and last year the company's Towage division carried out more than 25 special operations, which included services to the natural gas or LNG sector…
Saipem Charters Ultra-deepwater Drillship from Samsung Heavy Industries
Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian firm will take the 7th generation rig on a two-year charter. No dayrate details have been shared. Recent fixtures for 6th/7gen rigs saw dayrates in the $190.000-$210.000 per day range…
VIDEO: Friede & Goldman Launches Offshore Wind Feeder Concept
Friede & Goldman Ltd. (F&G), a company known for its offshore oil drilling rig designs, has announced the BargeRack, "a revolutionary solution to the feeder concept of offshore wind turbine installation.""BargeRack is tapping F&G’s unmatched 72-year history to bring a safe and simple method of installing up to 20MW wind turbines using a self-elevating vessel," F&G, a company which has seen more than 120 offshore rigs built to its designs…
Aker BP Awards 100-day Contract for PSV Viking Prince
Norwegian offshore vessel owner Eidesvik Offshore has secured a charter deal for its platform supply vessel Viking Prince.The 2012-built, LNG-powered platform supply…
Biden May Hinder Oil and Gas Drilling Despite Court Loss
U.S. President Joe Biden’s administration has the power to stymie oil and gas development on government-controlled lands and waters, industry and environmental experts said, even though a court decision ended his freeze on federal drilling auctions.Some options, they said, include offering sparse acreage or imposing more time-consuming permitting requirements."We lived through the Obama administration…
PSE Kinsale Energy Charters Siem Pearl AHTS for P&A Support in Ireland
Norwegian offshore vessel operator Siem Offshore has won a three-month charter for the 91-meters long AHTS vessel Siem Pearl in Ireland.The contract is with PSE Kinsale Energy Ltd…
U.S. Judge Orders Resumption in Federal Drilling Auctions
A federal judge in Louisiana on Tuesday blocked the Biden administration's pause on oil and gas leasing on public lands and waters, dealing a setback to a key White House effort to address climate change.The order granted a preliminary injunction to Louisiana and 12 other states that sued Democratic President Joe Biden and the Interior Department over the freeze on new drilling auctions. Louisiana…
Standard Drilling Agrees to Sell Standard Olympus PSV
Oslo-listed offshore vessel owner S.D. Standard Drilling Plc. has agreed to sell the Standard Olympus platform supply vessel for $7.5 million to an undisclosed buyer."The…
US Explores Wind Energy Potential in Gulf of Mexico
The Biden administration on Tuesday said it will explore the potential of offshore wind energy development in the Gulf of Mexico, part of its goal to supercharge growth in clean energy over the next decade."This is an important first step to see what role the Gulf may play in this exciting frontier,” Interior Secretary Deb Haaland said in a statement.While the Gulf of Mexico is a major hub for offshore oil and gas production, it has had little renewable energy development.
Transocean, Jurong Shipyard Agree Delivery, Payment Delays for 8th Gen Drillship Duo
Offshore drilling company Transocean has reached a deal with Singapore-based Jurong Shipyard - a Sembcorp Marine subsidiary - to delay the delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan, originally ordered in 2014. As part of the agreement, Jurong Shipyard has agreed to accept deferred payment for both rigs, Transocean said.The Deepwater Atlas and Deepwater Titan are the world’s first eighth-generation ultra-deepwater drillships and only rigs to feature a 3…