Offshore
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Carnarvon awards jackup contract to Valaris
ASX-listed Carnarvon Petroleum has signed a contract with offshore driller Valaris to utilise the 2006-built jackup rig for the Buffalo-10…
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Esvagt to recruit 50 new seafarers
Danish offshore shipping player Esvagt has initiated a mass-recruiting programme following new long-term deals with TotalEnergies on seven vessels for…
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Scotland looks to decarbonise North Sea oil and gas with new offshore wind auction
Crown Estate Scotland will launch a new leasing process for offshore wind farms to help decarbonise Scotland’s oil and gas…
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Greenpeace launches legal action against UK government over BP North Sea oilfield
Environmental group Greenpeace is taking the UK government to court over its decision to grant BP a new permit to…
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Rystad forecasts crude price volatility as industry surveys damage after Hurricane Ida
Oil and gas companies and refineries in the US are assessing the impact on operations following Hurricane Ida. As the…
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Eidesvik Offshore strikes refinancing deal
Norwegian vessel owner and operator Eidesvik Offshore has struck a refinancing deal with banks for the extension of the final…
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BW Offshore closes $1.15bn project financing for Barossa FPSO
Oslo-listed BW Offshore has completed the $1.15bn project debt financing for the construction and operation of the floating production storage…
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CNOOC sets out to develop China’s first offshore carbon capture project
China’s offshore oil and gas major CNOOC has initiated a carbon capture and storage (CCS) project at its Enping 15-1…
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Hyundai Heavy develops offshore CO2 storage platform
Hyundai Heavy Industries Group and its compatriot Korea National Oil Corp. (KNOC) have developed an offshore CO2 storage platform aiming…
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Borr Drilling seals new deals in West Africa
Norwegian jackup rig owner Borr Drilling has secured a letter of award and one letter of intent from undisclosed operators…
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Pemex restores production after platform fire
Mexican oil giant Pemex has resumed production of 421,000 barrels of oil per day from the E-Ku-A2 platform at its…
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Hurricane Ida shuts more than 95% of US Gulf oil production facilities
Hurricane Ida crashed into the Louisiana coastline on Sunday afternoon as a Category 4 storm near Port Fourchon forcing several…
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Prosafe loses Westcon court battle over rig conversion
Offshore accommodation vessel specialist Prosafe has been unsuccessful in its appeal to the Norwegian Supreme Court over NOK465m ($53.5m) bill…
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Shell production platform off Malaysia to run on solar and wind power
Shell subsidiary Sarawak Shell Berhad (SSB) has announced plans to develop its Timi gas project off the coast of Sarawak,…
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CGX takes option on Maersk Drilling semisub in Guyana
CGX Resources, operator and joint venture partner with Frontera Energy Guyana, has exercised an option for the 2009-built semisub to…
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Pemex use of nitrogen to restore output at Ku-Maloob-Zaap could prove problematic
After a fire on August 22 that knocked out production at its E-Ku-A2 offshore platform, Petroleos Mexicanos (Pemex) is reportedly…
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Gulf of Mexico oil firms shut in 91% of oil, 85% of gas ahead of Hurricane Ida
Hurricane Ida – upgraded from Tropical Storm Ida since Friday – became a Category 4 storm on Sunday morning, with…
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Study finds offshore drilling rigs open to cyber attacks
An increase in remote monitoring and autonomous control, the internet of things and digitalisation has made offshore drilling rigs much…
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Brazil eyes more rigs as utilisation hits 92%
Competitive rig utilisation for Brazil-based rigs has increased by 9% in six months, reaching 92% in June. Based on the…
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Noble to sell four jackups to ADES for $292m
Offshore driller Noble Corporation has struck a deal to sell four jackups to UAE-based offshore rig operator ADES International for…
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