Offshore
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Valaris hit by contract terminations and reduced rates
Offshore driller Valaris has suffered a series of contract terminations and reduced rates for its drilling units amid continued uncertainty…
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Fugro awarded long-term contract by Well-Safe Solutions
Dutch seismic and subsea outfit Fugro has been awarded a three-year contract by Well-Safe Solutions to provide services for semi-submersible…
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Rever Offshore awarded North Sea contracts
UK subsea services firm Rever Offshore has won a major contract with Perenco in the Southern North Sea. The contract…
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Tullow Oil appoints new CEO
UK-based oil and gas company Tullow Oil has appointed Rahul Dhir as its new chief executive officer effective from July…
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TechnipFMC secures major EPCI contract from Woodside
TechnipFMC has been awarded a significant integrated engineering, procurement, construction and installation (iEPCI) contract by Woodside Energy for the development…
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Beach Energy terminates Diamond Offshore contract for late arrival
Australia’s Beach Energy, operator of the Victorian Otway Basin Joint Venture, has sent notice of termination to Diamond Offshore drilling…
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SeaBird secures work in South America
Offshore seismic specialist SeaBird Exploration has secured a source contract in South America. The contract is scheduled to start in…
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Maersk Drilling contracts terminated by Shell and Aker BP
Maersk Drilling has received notice of contract termination for two rigs, semi-submersible Maersk Developer and jackup Maersk Reacher. BG International,…
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World Marine Offshore takes over KEM Offshore
Denmark’s offshore vessel operator World Marine Offshore (WMO) has taken over compatriot offshore wind vessel owner KEM Offshore through acquiring…
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Prosafe agrees to defer Total contract
Accommodation platform operator Prosafe has entered into an agreement with Total to postpone by one year the commencement date for…
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Ørsted building new Taiwan-flagged SOV for Greater Changhua
Danish offshore wind specialist Ørsted has signed a 15-year charter contract with Ta San Shang Marine, a joint venture of…
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Mixed news for Transocean as one drillship extended while another one is terminated
Offshore driller Transocean has revealed both good news and bad news in its latest fleet status report. Beacon Offshore has…
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TGS wins appeal in tax law violation case
Offshore survey service provider TSG has announced that the company has been acquitted of Økokrim’s charge alleging violations of the Norwegian…
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Bumi Armada FPSO charter extended by ONGC
Malaysia’s Bumi Armada has announced that jointly controlled entity Shapoorji Pallonji Bumi Armada Offshore has received notification from India’s ONGC…
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Qatar Petroleum commences gas drilling at North Field East
Qatar Petroleum has commenced drilling at the North Field East Project. This latest phase of the North Field expansion project…
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Lamprell mothballs Jebel Ali yard and will close Sharjah yard as part of cost saving measures
Offshore engineering, procurement, construction firm Lamprell has made the decision to consolidate its operations by mothballing its facility at Jebel…
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Hornbeck Offshore secures support for chapter 11 restructuring
US offshore vessel operator Hornbeck Offshore has entered into a restructuring support agreement with the majority of its secured lenders…
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Shearwater GeoServices contracts in Asia Pacific terminated
Norwegian offshore survey specialist Shearwater GeoServices has received project termination notices for two contracts in Asia Pacific. The first one…
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Subsea 7 awarded installation contracts by Chevron
Norwegian offshore service provider Subsea 7 has been awarded contracts by Chevron for subsea installation services related to the Anchor…
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New contracts for Borr Drilling offset by series of terminations
Norwegian offshore driller Borr Drilling has announced some new contracts for its jackup rigs as well as a series of…
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