Offshore & Inshore

Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps
Chapter 11 filing for Asia Offshore Drilling Chapter 11 filing for Asia Offshore Drilling
Keppel Offshore & Marine exits rig building to focus on renewables Keppel Offshore & Marine exits rig building to focus on renewables
Despina going greener at IJmuiden Ver Despina going greener at IJmuiden Ver
ADES scores new jackup contract in Egypt ADES scores new jackup contract in Egypt
Disappointment for Lundin in Barents Sea Disappointment for Lundin in Barents Sea
NEO Energy in talks to buy ExxonMobil's North Sea assets NEO Energy in talks to buy ExxonMobil’s North Sea assets
Frank Coles, CEO of Wallem Group, resigns Frank Coles, CEO of Wallem Group, resigns
Pacific Drilling seals new drillship contract with Petronas Pacific Drilling seals new drillship contract with Petronas
Dana Petroleum terminates Maersk Drilling contract Dana Petroleum terminates Maersk Drilling contract
Shell to cut 330 offshore jobs from North Sea Shell to cut 330 offshore jobs from North Sea
Rem Offshore awarded CSV contract Rem Offshore awarded CSV contract
Vantage jack-up scores new job off E. Guinea Vantage jack-up scores new job off E. Guinea
Bourbon Emerges from Reorganization Proceedings Bourbon Emerges from Reorganization Proceedings
Brazilian prosecutor seeks to freeze Maersk assets over corruption allegations Brazilian prosecutor seeks to freeze Maersk assets over corruption allegations
New CFO to join Maersk Drilling in early 2021 New CFO to join Maersk Drilling in early 2021
Go Marine vessel to support Santos drilling campaign Go Marine vessel to support Santos drilling campaign
Germany Says Nord Stream 2 Picked a Ship to Finish Pipeline Germany Says Nord Stream 2 Picked a Ship to Finish Pipeline
US$120Bn Abu Dhabi energy budget approved US$120Bn Abu Dhabi energy budget approved
Transocean adds $297 million to backlog as Petrobras extends two drillships Transocean adds $297 million to backlog as Petrobras extends two drillships
Offshore & Inshore Haberleri

Oil Benchmark Revamp Sees Surge in Trading of Opaque Swaps

A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading of swaps used to hedge North Sea oil prices.

Chapter 11 filing for Asia Offshore Drilling

Chapter 11 cases have been filed in the Southern District of Texas for Seadrill’s wholly-owned subsidiaries under the Asia Offshore Drilling brand.

Keppel Offshore & Marine exits rig building to focus on renewables

One of the most famous rig builders in the world is exiting the business. Singapore’s Keppel Corporation has announced that Keppel Offshore & Marine, which is up for sale, will undergo a major restructuring which will see it exit the offshore rig building

Despina going greener at IJmuiden Ver

The Netherlands Enterprise Agency (RVO.nl) and Fugro are taking steps to make seabed research at the IJmuiden Ver offshore wind farm zone more sustainable.

ADES scores new jackup contract in Egypt

Egyptian offshore driller ADES International has sealed a new contract for 1981-built jackup rig Admarine 5 in the Gulf of Suez.

Disappointment for Lundin in Barents Sea

Oil and gas company Lundin Energy came up dry in the Bask prospect in the Barents Sea following results from an exploration well drilled with the West Bollsta rig, which will now drill another well for Lundin.

NEO Energy in talks to buy ExxonMobil’s North Sea assets

HitecVision’s NEO Energy has entered into exclusive negotiations to buy ExxonMobil’s upstream assets located in the central and northern North Sea.

Frank Coles, CEO of Wallem Group, resigns

Frank Coles, Chief Executive Officer of the Wallem Group, has resigned and will be leaving the Wallem Group shortly, the company’s board confirmed.

Pacific Drilling seals new drillship contract with Petronas

Offshore driller Pacific Drilling has been awarded a new contract in Mexico by Petronas for 2013-built drillship Pacific Khamsin.

Dana Petroleum terminates Maersk Drilling contract

Maersk Drilling has received notice of early termination of convenience from Dana Petroleum for a one-well contract.

Shell to cut 330 offshore jobs from North Sea

The company said some of the jobs were linked to the project for decommissioning the Brent Charlie platform, which was set to complete in the following two years.

Rem Offshore awarded CSV contract

The vessel is currently performing deep water node laying in the US Gulf, and will be equipped with ROV technology and recovery systems from Evotec as part of the new contract.

Vantage jack-up scores new job off E. Guinea

Offshore drilling contractor Vantage Drilling has been awarded a contract for one of its jack-up drilling rigs by Trident Energy.

Bourbon Emerges from Reorganization Proceedings

French offshore services provider Bourbon Maritime has emerged from reorganization after eliminating 1.5 billion euros in debt.

Brazilian prosecutor seeks to freeze Maersk assets over corruption allegations

The Brazilian federal prosecutor has pressed charges against Maersk and its former executives over allegations regarding the payment of bribes to the country’s national oil company Petrobras, Reuters reports.

New CFO to join Maersk Drilling in early 2021

Danish offshore drilling contractor Maersk Drilling has appointed a new Chief Financial Officer as its current CFO is planning to leave the company early next year.

Go Marine vessel to support Santos drilling campaign

Australian marine services provider Go Marine has been awarded a contract by compatriot Santos for the provision of an anchor handler in support of drilling campaign offshore Australia.

Germany Says Nord Stream 2 Picked a Ship to Finish Pipeline

Nord Stream 2 has picked a ship to finish laying sections of its pipeline under the Baltic Sea, a German agency overseeing the work said, indicating the Russian company has found a way to get around U.S. sanctions that have halted the project.

US$120Bn Abu Dhabi energy budget approved

Offshore projects in the United Arab Emirates (UAE) are part of the Supreme Petroleum Council’s approval of a US$120Bn energy budget

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