The Offshore Wind Industry’s Urgent Need

The offshore wind industry is developing rapidly. Last year, the use of wind energy grew with 19%

Otto farms out stake in SC55. Hires Maersk drillship

Otto Energy Ltd has signed a farm-out agreement for a 15 % interest in the SC55 block, offshore the Philippines, ...

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Statoil: Go-ahead for Roald Rygg drilling

Statoil has received consent from the Petroleum Safety Authority Norway (PSA) for exploration drilling in block ...

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Popular news, February 23 – March 1, 2015

What sparked your interest the most in the previous week was an article containing an infographic that details ...

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U.S. offshore rig count plunges

Baker Hughes Incorporated has posted Weekly Rig Count reports to its Investor Relations website according to which ...

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Rowan swings to net loss on asset impairments

Rowan Companies, a U.S. based offshore driller has, for the 4th quarter of 2014 reported a net loss of $326.9 ...

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Statoil to close down Statfjord C platform

Statoil will shut down its Statfjord C platform, located in the Norwegian part of the North Sea, due to cracks ...

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Keppel FELS’ 100th jack-up goes to Vietnam

Singapore’s Keppel FELS is on track to deliver PV Drilling VI, a KFELS B Class jack-up rig, to PV Drilling ...

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Statoil submits plan for Peregrino Phase 2 development

Following the sanction of the Peregrino Phase 2 project in December, Statoil together with its partner Sinochem ...

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PSA probes safety on ConocoPhillips' Ekofisk 2/4 J

The Petroleum Safety Authority Norway (PSA) has carried out an audit of the work of ConocoPhillips (COPSAS) to ...

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Total E&P: NPD permits North Sea well drilling

The Norwegian Petroleum Directorate (NPD) has granted Total E&P Norge AS a drilling permit for well 25/6-5 S ...

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Hercules loses rig contract in Saudi Arabia

After it has been announced that Diamond Offshore is facing early termination for several of its rig contracts, ...

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ALP takes delivery of 'ALP Winger' and 'ALP Guard'

ALP Maritime Services has taken delivery of two towing and anchor handling vessels, ALP Winger and ALP Guard. The ...

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Transocean posts 4Q loss

Transocean, a Swiss-based offshore driller has reported its 4Q 2014 revenues were 2.23 billion, slightly less that ...

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Seadrill willing to 'modify' current rig contracts

Offshore drilling contractor Seadrill Limited has today reported a drop in its fourth quarter revenues. The ...

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Ocean Rig: 4Q income rises to $87M

Ocean Rig, an offshore drilling contractor, has reported its fourth quarter 2014 profit was $87 million, as ...

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Hess drops ‘WilHunter’ option

Awilco Drilling, a UK-based drilling contractor, has informed that Hess Limited has allowed its option on WilHunter ...

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Total E&P gets go-ahead for two North Sea wells

Total E&P Norge AS (TEPN) has received consent from the Petroleum Safety Authority (PSA) Norway for exploration ...

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Odfjell Drilling: Fierce competition for new rig contracts

Odfjell Drilling has said that it expects the drilling industry market to stay weak for the next couple of years. ...

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Clarksons: Chinese yards taking over jack-up rigs market

  As of February, the global jack-up drilling rigs orderbook for 2015 had 67 rigs slated for delivery. Three ...

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Diamond Offshore braces for termination of six rig contracts

Diamond Offshore, a Houston-based drilling contractor, might lose several rig contracts, as its customers are ...

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Green light to Statoil for North Sea well drilling

Statoil has received consent from the Petroleum Safety Authority (PSA) Norway to carry out exploration drilling of ...

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Odfjell nets Johan Sverdrup topside award

Odfjell Drilling has been awarded the drilling engineering sub-contract for the Johan Sverdrup drilling platform ...

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IKM testing secures work on Litoral project (GoM)

Dragados Offshore México, S.A. has recently awarded IKM Testing Mexico, S. de RL de CV with two contracts. The ...

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Jumbo installs MEG riser for Ikhwezi Project (Gallery)

Jumbo has completed the subsea installation of the replacement MEG riser for the Ikhwezi Project at the existing FA ...

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FES’ Bend Stiffener Connectors for Total’s Egina

UK subsea engineering firm FES International, a provider of fluid transfer systems, has won a $2 million contract ...

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UK exploration activity hits record low

Oil and Gas UK, an industry body representing offshore oil and gas companies in the UK, has revealed that ...

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Aibel to build deck for Johan Sverdrup platform

Today Statoil, on behalf of the Johan Sverdrup partnership, will sign a contract with Aibel for the construction of ...

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