Towards smarter and greener decommissioning

Project and financing models for decommissioning are moving up oil and gas operators’ agenda worldwide as ‘lower for longer’ oil prices raise questions about how long ageing assets can operate viably beyond their design lives.

Bassoe: Offshore drilling rig empires to take over industry

Call them speculative, but the drilling companies and investors buying offshore rigs at today’s values could be ...

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PHOTO: Culzean-bound FSO Ailsa hits the water

Danish oil firm Maersk Oil has shared a photo on its social media channels showing its Culzean field-destined Ailsa ...

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Petronas hires ultra-deepwater drillship at $170kpd

Cash-strapped Pacific Drilling has reportedly found work for its Pacific Santa Ana drillship which has been out of ...

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Murphy takes PV Drilling jack-up on one-month deal

U.S. oil company Murphy Oil has reportedly hired one of PV Drilling’s offshore rigs on a one-month firm deal. ...

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Popular news, September 11-17, 2017

The most popular articles of the week

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GALLERY: Final trip for Hermod crane vessel

 Heerema Marine Contractors has shared images showing the loading of the semi-submersible crane vessel Hermod on ...

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CNOOC picks Wood Group for South China Sea gig

UK-based energy services company Wood Group has been awarded a new contract by the China National Offshore Oil ...

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Eni & CNPC ink cooperation deal

Chinese state-owned China National Petroleum Corporation (CNPC) and Italian oil giant Eni signed a cooperation ...

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Petronas grants license for new wellhead platform designs

Enra Icon has been granted a licence for novel technology by Petronas for its small field development, minimal ...

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Popular news, September 4 – 10, 2017

The most popular articles of the week.

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International offshore rig count down to 201 units in August

The international offshore rig count for August this year was 201 units, down by 27 units year-over-year, according ...

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Pacific Radiance in debt restructuring talks

Singapore-based offshore vessel operator Pacific Radiance has started debt restructuring talks with its bank ...

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Duo in offshore survey & inspection pact

Singapore-based M3 Marine Group and Indonesia’s PT ROV Inspeksi have transformed years of collaboration into a new ...

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Heerema to recycle 'Hermod' after 40 years

Dutch marine contractor Heerema Marine Contractors is going to retire and recycle its semi-submersible crane vessel ...

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Empyrean identifies 'exciting new prospect' off China

London-listed Empyrean Energy has confirmed structural validity of two prospects and identified a third significant ...

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Petronas employee arrested in graft probe

Malaysian oil and gas company Petronas has confirmed that the Malaysian Anti-Corruption Commission (MACC) has ...

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Mermaid nets new subsea contract awards

Mermaid Maritime, a subsea and offshore drilling services company, has been awarded three subsea contracts with a ...

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New marine transport contracts line up for Boskalis

Royal Boskalis Westminster N.V. has recently been awarded a number of marine transport contracts with a combined ...

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Oil demand to peak in 2022, DNV GL says

Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy ...

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Emas Offshore eyes $50M investment

Offshore services provider Emas Offshore has started restructuring process in Singapore and entered into an ...

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KrisEnergy picks PV Drilling rig for Thailand work

Petrovietnam Drilling and Well Service Corporation (PV Drilling) has entered into a contract for the provision of ...

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Popular news, Aug 28 – Sep 3, 2017

The most popular articles of the week.

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SembMarine cans rig construction contracts with Perisai

PPL Shipyard, a subsidiary of the Singapore-based rig builder Sembcorp Marine, has terminated two contracts with ...

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Operator cuts short Deepsea Metro I drillship contract

Following a force majeure event from late July, Golden Close Maritime Corp, the owner of the Deepsea Metro I ...

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GALLERY: Teekay names shuttle tanker trio

Teekay on Friday, August 25 held a triple naming ceremony for its three new shuttle tankers at the Samsung Heavy ...

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Catcher FPSO heads to North Sea

BW Offshore-owned FPSO BW Catcher has left Keppel Shipyard in Singapore and is currently in transit to the Premier ...

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Popular news, August 21 – 27, 2017

The most popular articles of the week August 21 – 27, 2017.

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