Offshore News
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Maersk Drilling re-enters one-well contract with Petrogas
Maersk Drilling and Petrogas North Sea Ltd have agreed to exercise the previously agreed exclusive option to employ the harsh-environment jack-up rig Maersk Resilient to drill an appraisal well at the Birgitta field in the UK sector of the North Sea. The contract is expected to commence in the end-2021,…
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Ithaca acquires Marubeni’s UK North Sea subsidiary
Ithaca Energy has issued an update on recent developments affecting the company’s projects in the UK central North Sea. ABERDEEN, UK – Ithaca Energy has issued an update on recent developments affecting the company’s projects in the UK central North Sea. In September the company agreed to acquire an additional…
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Drilling rig Stena Don moving out of North Sea to Morocco for Chariot well
Moroccan gas appraisal well operations to commence in mid-December 2021 Chariot (AIM: CHAR), the Africa-focused transitional energy company, announced earlier today that the Stena Don drilling rig has commenced its mobilization to Morocco. Chariot has contracted this rig to conduct drilling operations on the Anchors gas field within the Lixus…
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Crude oil market sees upward price correction
As of November 29, 08:39 (UTC+3), Brent Crude futures for January settlement were trading 3.84% higher at $74,35 a barrel on the London-based ICE Futures Europe Exchange. Light Sweet Crude (WTI) futures for January delivery on the New York Mercantile Exchange rose by 4.49% to $71.2 a barrel. The oil…
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Samsung Heavy Successfully Demonstrated Its Own Natural Gas Liquefaction Process
Samsung Heavy Industries announced on November 18 that it successfully held a demonstration ceremony at the Geoje shipyard for “SENSE IV (SAMSUNG Enhanced Nitrogen Split Expansion IV)”, the SHI’s in-house innovative natural gas liquefaction system. The ceremony began on November 16 and was attended by many major LNG producers and…
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940 million USD contract value Saipemfor the Búzios 7 project in Brazil
Saipem has been awarded by Petrobras a new SURF EPCI contract for the installation of a rigid riser-based subsea system for the Búzios 7 project, to serve the pre-salt field located about 200 km offshore the state of Rio de Janeiro, in water depths of around 2,000 meters. The project…
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DEME Offshore Confirms Halfway Mark Installation Milestone with Saint-Nazaire Offshore Wind Farm
Successful Deployment of Industry-first Technology Sets New Standard for Installation of XL Foundations into Rock DEME Offshore, a member of DEME Group, the global civil and maritime engineering solutions provider, on Friday, announced that it has reached its halfway mark installation milestone with the foundation installation of the Saint-Nazaire offshore…
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