Danish firm Maersk Drilling said today that Dana Petroleum Denmark had terminated a rig deal between the two firms.
Rigs & Vessels
Borr Drilling said in its new fleet status report that it had added $35.1 million over 480 days to its total backlog.
ShipFC, a frontier-busting, pioneering maritime innovation project looking to install the world’s first ammonia-powered fuel cell on a ship, has taken an important step forward with the award of a contract to the German institute Fraunhofer IMM to develop a catalytic afterburner system.
Dutch vessel contractor Boskalis is buying Rever Offshore’s subsea services business, formerly known as Bibby Offshore.
Westwood Global Energy reports that as of December 28 there was one exploration well and one appraisal well active in the UK.
Borr Drilling has hired Magnus Vaaler as its new chief financial officer, replacing Christoph Bausch with immediate effect.
The direction of travel appears clear; around a quarter of the current offshore floater rig fleet - ships and semi-submersibles - will be sent to the scrapyard near-term.
Westwood Global Energy reports that as of December 2 there was one exploration well active in the UK. So far in 2020, four exploration wells have completed. At the time of writing, the first appraisal well of the year was preparing to spud.
A new layer has been added to the bitter feud between Awilco Drilling and rig builder Keppel FELS, with a second arbitration process on the cards.
Floating production vessel contractor Altera Infrastructure is relocating its headquarters from Bermuda to its premises in Westhill, near Aberdeen.
Independent Oil and Gas (IOG) has awarded the rig contract for phase one of its core project to Noble Corporation.
Seven Nigerian men detained after British special services stormed an oil tanker off the Isle of Wight have been bailed, police said.
Use of offshore drilling rigs globally has seen the largest monthly drop in 20 years, according to analysis from Rystad Energy.
Crew members on an oil vessel in Cromarty Firth are isolating after a colleague who remains on board tested positive for Covid-19.