Offshore News
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Offshore : Maersk Drilling clinches one-well contract offshore Egypt
Denmark based global offshore drilling contractor ‘Maersk Drilling’ has secured a one-well contract offshore Egypt from an unnamed operator Financial performance for the first half of 2019 – (U$ m / b) According to Maersk Drilling, the contract has an estimated duration of 21 days and is expected to commence…
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Accidents : Investigation about the gangway on the foloatel Endurance in North Sea
Petroleum Safety Authority, a Norwegian regulator, has launched an investigation into an incident on February 29, 2020, where the gangway on the Floatel Endurance became disconnected 2018 Total Revenues and other income by country – (U$ million) The accommodation rig was connected to the Martin Linge facility in the North Sea…
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Offshore : ‘Saipem’ revenue for 2019 increased to €9,099 million, of which €2,351 million in the fourth quarter
Italy based oil and gas service company ‘Saipem’ revenue for 2019 increased to €9,099 million, of which €2,351 million in the fourth quarter, as compared to €8,526 million in 2018 Revenues: €9,099 million (€8,526 million in 2018), of which €2,351 million in the fourth quarter, due to volume increases recorded in…
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Offshore : 4.7 U$ Billion for five vessels for Mozambique CORAL SOUTH FLNG project
Netherlands based specialist in offshore and marine transportation field ‘ALP Maritime Services’ has been selected by ‘TJJV’, to provide a spread of five vessels related to the FLNG Project ALP’s scope of work includes the towage operation from South Korea to Offshore Mozambique, by three of ALP’s 300ts Bollard Pull…
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Offshore : ‘Eni’ has started production from Agogo in Angola
Italian oil and gas major ‘Eni’ has started production from Agogo oilfield in Block 15/06, offshore Angola, which was discovered just nine months ago In July 2019, Eni hit the jackpot of 650 million barrel of oil from the first appraisal well of Agogo, Angola. Eni‘s start-up takes place just nine months after its discovery because of…
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Transocean Ltd. (NYSE: RIG) has secured $352.9 million of contracts 2019-2020
(GLOBE NEWSWIRE) — Transocean Ltd. (NYSE: RIG) announced today that as the offshore drilling market continues to improve, the company is observing an increase in contract opportunities for its ultra-deepwater and harsh environment drilling services. “Customer demand for the highest specification ultra-deepwater floaters now equals or exceeds the number of marketable rigs…
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Shipping Lines : New appointments to spearhead growth at Maersk Tankers
As Maersk Tankers takes the next step on its growth strategy, Soren C. Meyer is moving from Chief Asset Officer to Chief Executive Officer of a new standalone digital business, which the company announced today. The company is retaining a key part of its digital strategy in-house under the leadership…
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Gulf Marine Services (GMS) has been awarded two new contracts
UAE-based liftboat operator Gulf Marine Services (GMS) has been awarded two new contracts. One of the company’s small K-Class vessels has been awarded a seven-month contract, with additional options, to provide support for offshore activities for an unnamed Middle Eastern national oil company. A mid-sized S-Class vessel has been awarded…
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Offshore : Eidesvik Offshore’ has been awarded contract extension for the supply vessel Viking Princess
Reuters Norway based offshore vessels company ‘Eidesvik Offshore’ has been awarded a one-year contract extension for the supply vessel Viking Princess with Ithaca Oil and Gas Eidesvik Offshore ASA announced that the commencement of Ithaca Oil and Gas will be in direct continuation of the current contract expiring in early…
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Report: Offshore Drilling, Onshore Damage – Broken Pipelines, Dirty Refineries And Pollution
Offshore drilling relies on onshore pipelines, waste disposal facilities, ports and refineries that endanger public health by polluting the air and water and threaten wildlife and ecosystems. Increased offshore drilling may mean new pipelines will be constructed to carry oil and gas onshore from offshore wells, increasing the risk of…
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