Offshore
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Paragon Offshore appoints Jay Swent as CEO
Houston-based offshore driller Paragon Offshore has appointed its chairman Jay Swent III to the role of president and CEO replacing…
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KrisEnergy to develop Cambodia’s first offshore field
Singapore’s KrisEnergy has signed a deal with Cambodia government yesterday to develop the country’s first offshore oil field. KrisEnergy, the…
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Seadrill will file for chapter 11 by September 12
John Fredriksen’s embattled Seadrill will file for chapter 11 in under three weeks. The rig operator made a $158m net…
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Bulker detained in Iraq following deadly collision with local OSV
A bulk carrier has been detained off Basra in southern Iraq after it was involved in a deadly collision with…
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Atwood Oceanics reaches agreement with Australian offshore employees
Offshore driller Atwood Oceanics has come to an agreement with the offshore employees of its Australian operating subsidiary for a…
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DOF Subsea awarded multiple IMR contracts
Norway’s DOF Subsea has been awarded a series of contracts for the employment of the company’s vessels in the IMR…
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Repsol contracts UMW jackup in Malaysia
Malaysia’s UMW Oil & Gas Corporation has announced that that UMW Offshore Drilling has sealed a contract with Repsol Oil…
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COSL secures North Sea semi-submersible rig contract
China Oilfield Services Limited (COSL) has secured a contract for semi-submersible drilling rig from a new client operating in the…
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Perisai Petroleum hit with claims for $3.2m
Malaysia’s Perisai Petroleum has announced that three clients have sent notices of demand to its subsidiary Perisai Drilling, claiming a…
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Schlumberger buys out Petrofac stake in Pánuco contract
Schlumberger has bought out Petrofac’s 50% interest in Petro-SPM Integrated Services, now owning the entire entity which operates the Pánuco…
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The devil is in the detail of OSV demand data
Current demand-side indicators – coupled with the wrong-headed application of big data to the offshore market – are underestimating the…
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Ensco drillship wins Mediterranean contract with Noble Energy
Offshore driller Ensco has contracted its ultra-deepwater drillship with Noble Energy to drill two wells and complete four production wells…
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Maersk Oil sold to Total for $7.45bn
A.P. Møller – Mærsk has found a buyer for its oil division. French energy giant Total has swooped for Maersk…
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Ultra Deep Solutions adds newbuild DSCV to fleet
Singapore subsea owner Ultra Deep Solutions and its CEO Shel Hutton appear to have mastered the art of the deal,…
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Maersk Drilling wins new semi-sub contract and pair of jackup extensions
Maersk Drilling has been awarded a new contract by Shell for the semi-submersible Maersk Developer while also securing extensions for…
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Fugro extends charter of DOF Subsea CSV
Norway’s DOF Subsea has announced that Fugro has extended the firm charter period of its ROV survey and construction support…
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Noble Corporation awarded long-term drillship contract by ExxonMobil
Offshore driller Noble Corporation has sealed a long-term deal with ExxonMobil for drillship as well as extended a contract with…
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Global Marine Group secures cable installation contract
Offshore engineering specialist Global Marine Group (GMG) has secured a contract from German company E.ON to install a fibre optic…
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Seadrill moves closer to filing for chapter 11
John Fredriksen’s Seadrill went a step closer to filing for chapter 11 today, moving to ring-fence a subsidiary. The drilling…
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DEME awarded North Sea cable installation contract
DEME Group subsidiary Dredging International has been awarded a contract by Belgium’s Elia for the submarine power cable installation at…
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