Thursday, March 25, 2021
offshore drillship
Offshore

Offshore Drillers Noble and Pacific Drilling to Merge in All-Stock Deal

Offshore drilling contractors Noble Corporation and Pacific Drilling will combine in an all-stock transaction that will see Noble will acquire Pacific Drilling. A definitive merger agreement was unanimously approved by...

March 25, 2021
Total Views: 3138

Thursday, March 11, 2021
Offshore

Equinor Announces New Oil Discovery in Barents Sea Near Johan Castberg Field

Norwegian energy company Equinor has announced a new oil discovery at a well near the Johan Castberg field in the Barents Sea. Equinor and its partners Vår Energi and Petoro...

March 11, 2021
Total Views: 1490

Thursday, January 21, 2021
Offshore

Norway to Award Arctic Drilling Permits in Q2, Minister Says

OSLO, Jan 21 (Reuters) – Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil and Energy Minister...

January 21, 2021
Total Views: 1156

Monday, November 2, 2020
drillship
Offshore

Pacific Drilling Files for Chapter 11 Bankruptcy

NYSE-listed offshore drilling contractor Pacific Drilling has filed for Chapter 11 bankruptcy in an effort to restructure $1.1 billion in bond debt. It’s the second time in three years the...

November 2, 2020
Total Views: 655

Sunday, September 27, 2020
offshore oil rig
Maritime News

Trump Extends Drilling Ban Off North Carolina, Virginia Until 2032

NEWPORT NEWS, Va., Sept 25 (Reuters) – U.S. President Donald Trump said on Friday he had extended a ban until 2032 on oil drilling off the coast of North Carolina...

September 27, 2020
Total Views: 23

Thursday, August 20, 2020
samsung-heavy-drillship-construction
Offshore

Offshore Drilling Is ‘Structurally Damaged’ And Help Is Not Coming

(Bloomberg) – President Donald Trump helped to clinch an unprecedented deal among the world’s largest crude producers, but the pact hasn’t stopped America’s oil industry from bleeding. “Offshore drilling is structurally...

August 20, 2020
Total Views: 121

Tuesday, August 18, 2020
Investigation of a methane leak in the North SeaUntersuchung eines Methan-Lecks in der Nordsee
Environment

Greenpeace Finds North Sea Gas Leak Caused By Offshore Blow-out

Activists on board the Greenpeace ship Esperanza have discovered a large methane leak located in the British exclusive economic zone in the North Sea. Using a Remotely Operated Underwater Vehicle,...

August 18, 2020
Total Views: 28

Friday, July 3, 2020
Maritime News

Total Sends Oil Rig to South Africa for Rare Frontier Drilling

By Paul Burkhardt (Bloomberg) –Total SA has deployed a rig to South Africa to look for more oil near a massive discovery, in a rare example of exploration in a...

July 3, 2020
Total Views: 107

Wednesday, June 24, 2020
offshore drillship
Offshore

Offshore Drillers Face New Round of Bankruptcies

By Liz Hampton and Nerijus Adomaitis DENVER/OSLO, June 24 (Reuters) – The companies that operate offshore drilling rigs for major oil producers face a second wave of bankruptcies in four...

June 24, 2020
Total Views: 62

Thursday, May 14, 2020
Blog

VIDEO: How Offshore Oil Rigs Work

  Without a doubt, the highest quality, most interesting, maritime and offshore videos of today are produced by Wendover Productions. Seriously, Go subscribe to their channel now and hit that...

May 14, 2020
Total Views: 166

Thursday, November 28, 2019
drillship Yavuz
Offshore News

Turkey Signs Maritime Boundaries Deal With Libya

by Daren Butler (Reuters) – Libya’s internationally recognized government and Turkey have signed an agreement on maritime boundaries in the Mediterranean Sea that could complicate Ankara’s disputes over energy exploration...

November 28, 2019
Total Views: 7

Thursday, October 3, 2019
Transocean Spitsbergen
Environment

Transocean Semi-Submersible is First to Use Battery Power for Drilling Operations

Deepwater drilling contractor Transocean says it has deployed that world’s first hybrid battery system on floating drilling rig to supplement power needs during drilling operations. They hybrid energy storage system...

October 3, 2019
Total Views: 51

Friday, July 19, 2019
west gemini drillship
Maritime News

Seadrill’s West Gemini Awarded Contract in West Africa

Offshore drilling contractor Seadrill has announced a contract award from an undisclosed customer for its ultra-deepwater drillship West Gemini in West Africa. The nine-well contract includes three options, each for...

July 19, 2019
Total Views: 33

Wednesday, May 29, 2019
north sea oil rig
Maritime News

Shell Plans South Africa Oil Expansion With Second Deal

By Paul Burkhardt (Bloomberg) — Royal Dutch Shell Plc is planning to acquire an oil-block stake in a second deal in South Africa’s relatively unexplored waters, months after a major...

May 29, 2019
Total Views: 19

Wednesday, May 1, 2019
deepwater horizon blowout
Offshore News

Trump Said to Ease Drilling Rules Sparked by 2010 Gulf Oil Spill

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is poised to relax offshore drilling requirements imposed in response to the Deepwater Horizon disaster that killed 11 people in 2010 and unleashed...

May 1, 2019
Total Views: 34

Thursday, February 21, 2019
maersk drilling rig
Offshore News

Trump’s Atlantic Oil Effort Runs Aground In South Carolina

by Carlyann Edwards (Bloomberg) More than half the registered voters in Republican-controlled South Carolina supported Donald Trump in a poll last month, but there’s at least one area where state...

February 21, 2019
Total Views: 11

Tuesday, January 29, 2019
drillship
Offshore News

Oil Major Total Plans Biggest Exploration Drive in Years

By Bate Felix and Wendell Roelf PARIS/CAPE TOWN, Jan 29 (Reuters) – Total is launching its biggest exploration campaign for years in 2019 as part of a turnaround plan that...

January 29, 2019
Total Views: 3

Friday, November 30, 2018
seismic survey vessel
Offshore News

Trump Said to Advance Seismic Surveys for Oil in Atlantic

By Jennifer A. Dlouhy (Bloomberg) — The Trump administration is taking a major step toward allowing a first-in-a-generation seismic search for oil and gas under Atlantic waters, despite protests that...

November 30, 2018
Total Views: 1

Monday, October 15, 2018
offshore drilling rig brazil
Maritime News

Offshore Drillers Eye Market Recovery by 2020

By John Benny Oct 15 (Reuters) – Battered oil and gas drilling companies are finally seeing piecemeal signs that the prices they charge for offshore rigs are bottoming out with...

October 15, 2018
Total Views: 0

Monday, October 1, 2018
offshore oil rig Statoil
Maritime News

Equinor Acquires a 40% Stake in Undeveloped Rosebank Project in UK Waters

Norwegian energy giant Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS)....

October 1, 2018
Total Views: 0