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Offshore Drilling Newsletter
  • Norwegian player finds work on third Odfjell Drilling rig 25 Apr 2024 12:39 GMT

    … contract with Odfjell Drilling, a Scotland-based offshore drilling player, to … rig; Source: Odfjell Drilling Thanks to a deal for … treating water contaminated with oil and particles. While the … be the third Odfjell Drilling-owned harsh environment rig …

  • Dayrates Rise - Will More Energy Companies Buy Offshore Rigs? 25 Apr 2024 12:44 GMT

    … In fact, joint drilling contractor and oil company rig ownership dates … to the 1970s, but oil companies eventually decided they … Oil Company (NOC) Petrobras and Mitsui JV – P&M Drilling … rigs are managed by Enterprise Offshore Drilling. A fourth unit, WFD …

  • Cnooc Profits Rise as Drilling Output Grows Amid Lower Prices 25 Apr 2024 10:27 GMT

    … biggest offshore driller continued to increase output amid slightly lower global crude … including a 21% surge in oil and gas sales. Cnooc’s … realized price for oil rose 6.2%, despite the … 180.1 million barrels of oil equivalent, another record, in …

  • New Rule Ups Big Oil’s Financial Responsibility for Offshore Clean-up 24 Apr 2024 22:20 GMT

    … for the wells and drilling platforms that Big Oil leaves behind in … financial assurance requirements for the offshore oil and gas industry. BOEM’s … can leak oil and drilling fluids into the sea, where oil is toxic …

  • UPDATE 1-US plans 12 offshore wind auctions over five years 24 Apr 2024 20:20 GMT

    … streamline certain requirements for offshore wind development and cut … offer acreage to oil and gas companies for offshore development. A … scaled back five-year drilling plan finalized last year. … a leasing schedule, the offshore wind regulations finalized on …

  • As Dayrates Continue North, Could We See More Energy Companies Buying Offshore Rigs? 24 Apr 2024 20:08 GMT

    … the operator’s second requirement. Offshore drilling rig average leading-edge dayrates … availability. In fact, joint drilling contractor and oil company rig ownership dates … National Oil Company (NOC) Petrobras and Mitsui JV – P&M Drilling …

  • Start-up of another well boosts Trinidad and Tobago’s oil production 24 Apr 2024 19:21 GMT

    … s state-owned oil and gas player Heritage Petroleum Company Limited … (Heritage) has brought on stream a new oil … the commissioning of its latest offshore oil well, S-938, … firm embarked on its offshore drilling program in line with …

  • IEA Chief: Oil and gas demand to fall by 2030 24 Apr 2024 17:52 GMT

    Drilling rig at the Kingfisher … in global demand for oil According to the Petroleum Authority’s Executive … – including hydrogen, carbon capture, offshore wind, and liquid biofuels,” it … its financial resources. The oil and gas industry invested around …

  • Biden admin confirms 12 offshore wind auctions through 2028 24 Apr 2024 14:34 GMT

    … halted three major planned offshore wind farms. President Joe … building on the tremendous offshore wind supply chain and … acreage to oil and gas companies for offshore development. A … drilling plan finalized last year. Interior has held just four offshore …

  • Tshuva’s Delek unit inks deal for Eni’s UK oil and gas fields in North Sea 24 Apr 2024 14:16 GMT

    … combined group with 37 producing oil and gas assets is … than 100,000 barrels of oil equivalent per day from … NewMed Energy unit, formerly Delek Drilling, holds a 45.3% working … the Mediterranean, Israel’s largest offshore gas reservoir. NewMed also owns …

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