Valaris Secures $498 Million Contract with Equinor for Offshore Brazil Project
Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its
Valaris Limited (NYSE: VAL) has announced a significant multi-year contract in Brazil with Equinor Energy do Brasil Ltda., a subsidiary of Equinor ASA, for its
CAIRO, July 14 (Reuters) – Kuwait Petroleum Corporation (KPC) said on Sunday it had made a “giant” oil discovery in the
July 11 (Reuters) – An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by aging offshore oil
By Ira Breskin NEW YORK — Infrastructure funds are increasingly financing expensive, purpose-built ships serving the offshore energy market, according to
Transocean Ltd. (NYSE: RIG) has announced a 365-day contract extension for the Deepwater Asgard with an independent operator in the U.S. Gulf of Mexico at a
By Georgina McCartney HOUSTON, June 17 (Reuters) – Texas, Louisiana and Mississippi on Monday sued the U.S. government to block the Biden
Noble Corporation plc and Diamond Offshore Drilling, Inc have announced their decision to merge. As per the agreement, Noble will acquire Diamond in a
Transocean Ltd. (NYSE: RIG), a leading offshore drilling contractor, has announced securing new contract fixtures for three of its harsh environment
By Ju-min Park and Jack Kim SEOUL, June 3 (Reuters) – South Korean President Yoon Suk Yeol gave the green light on Monday to conduct exploratory
Offshore drilling contractor Seadrill Limited (NYSE & OSE: SDRL) reported a record dayrate of $545,000 for a one-well contract in the first quarter of
By Stephen Treloar and Kari Lundgren (Bloomberg) — The vessel that will tap Norway’s newest oil field is now undergoing final checks before setting
The Department of the Interior has announced a new rule aiming to ensure that costs related to the decommissioning of offshore platforms are covered by the oil
Odfjell Oceanwind, in partnership with Source Galileo Norge and Kansai Electric Power Company, has been awarded a significant grant amounting to around US $190
LONDON, March 1 (Thomson Reuters Foundation) – When storms batter Scotland’s Shetland Islands, as they frequently do, the force
By Kevin Crowley and Rachel Graf (Bloomberg) — It’s rare for disputes between any of the world’s supermajor oil companies to spill out in public.
OSLO, Feb 29 (Reuters) – Norway on Thursday halted all helicopter traffic to its offshore oil and gas fields after a deadly crash, and said it was
The U.S. Department of the Interior is facing criticism over its failure to adequately enforce the decommissioning of aging offshore oil and gas wells and
Norwegian shipowners Eidesvik Offshore and Agalas are partnering on the construction an innovative Construction Support Vessel (CSV) designed for subsea and
Norway-based DeepOcean, a leading provider of ocean services, has secured a major contract from ExxonMobil Guyana for subsea construction and inspection,
Norway’s state-controlled energy company Equinor has been granted 39 new production licenses by the Ministry of Energy in this year’s licensing
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