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Offshoredrilling company Valaris has secured over $1 billion of new contracts and extension for its drillingrigs since its previous fleet status report published mid-February 2025
Saudi oil and gas drilling contractor ADES Holding has secured a contract with Addax Petroleum, part of Sinopec Group, for its Admarine 510 jack-up drillingrig
Salunda has announced it has launched the Latch Hawk 2 fingerboard latch monitoring device, with the aim of preventing dropped objects and improving safety during pipe handling on offshoredrillingrigs.
Offshoredrilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world
Malaysias oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drillingrig
Given the sector’s complexity and geographical spread—from remote drillingrigs to refineries and distribution terminals—logistics is a key driver of efficiency and profitability. Supply Chain Coordination Integrating vendors, freight forwarders, customs brokers, and field operations.
Noble and Green Yard have entered into a contract for a scheduled yard stay for the ultra-deepwater semi-submersible drillingrig Ocean GreatWhite, owned by Noble Corporation…
Salunda, a provider of digitized solutions for safety critical industries, has launched the Latch Hawk 2 fingerboard latch monitoring device to improve safety during
Malaysias oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drillingrigoffshore Indonesia.The contract has been awarded by PC Ketapang II
Lime Petroleum, a subsidiary of Rex International, has signed a contract with Borr Drillings affiliate Borr Gerd Limited for a jack-up drillingrig, which will
Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drillings Mist jack-up drillingrig
Saudi Arabian state-owned oil giant Aramco has signed contract extension with ARO Drilling, its 50-50 joint venture with Valaris, for five jack-up drillingrigs
Noble and Green Yard have entered into a contract for a scheduled yard stay for the ultra-deepwater semi-submersible drillingrig Ocean GreatWhite, owned by Noble Corporation…
Offshoredrilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world
Malaysias oil and gas services firm Velesto has secured a drilling contract by Phu Quoc Petroleum Operating Company (PQPOC) for its NAGA 4 jack-up drillingrig
H2 theFuture Synopsis: Louisiana Reimagined as an Equitable Energy State of the Future Since the invention of the first submersible drillingrig, launching the boom in offshore oil and gas exploration in the Gulf of Mexico and across the globe, South Louisiana has been at the center of energy innovation.
Malaysias oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drillingrigoffshore Indonesia.The contract has been awarded by PC Ketapang II
ADNOC Drilling continues to record strong growth, fuelled by the expansion of its onshore and offshore fleets, as well as the continued growth of the oilfield services (OFS) segment and new joint ventures launched in 2024. The company now has the largest fleet in the Middle East, seeing net profits rise by 26% in 2024 to US$1.3bn.
This phase involves the use of a floating processing unit in the offshore well area, located 220 km from the shore, to separate natural gas and condensates. It is worth noting that Enis Saipem 10000 drillingrig is continuing developmental drilling operations as part of the fields development project.
The lessee, ATP, acquired its interest in the lease located in the Mississippi Canyon Area, Offshore Louisiana a little more than two months before expiration of its primary term, which the IBLA described as a “risky venture.” In denying ATP’s request for an SOO, the MMS relied upon its Notice to Lessees No.
Easy Installation and Removal : Oilfield thread protectors are designed for easy installation and removal, often featuring ergonomic designs or handles to facilitate handling in challenging environments such as drillingrigs or offshore platforms.
It involves locating, surveying, drilling, and extracting crude oil and natural gas from underground reservoirs. This includes both onshore and offshore activities. Key Processes: Exploration, reservoir analysis, drilling, well completion, and production.
Its employees work at its shop and yard and occasionally on jacked-up drillingrigs, often docked to inland piers. In August 2018, while working on a rig owned by Enterprise OffshoreDrilling, LLC (“Enterprise”), Sanchez was injured when he tripped on a pipe welded to the deck. 1349(b)(1). 3d 726 (S.D.
Its employees work at its shop and yard and occasionally on jacked-up drillingrigs, often docked to inland piers. In August 2018, while working on a rig owned by Enterprise OffshoreDrilling, LLC (“Enterprise”), Sanchez was injured when he tripped on a pipe welded to the deck. 1349(b)(1). 3d 726 (S.D.
Tower Training Vessel Classifications DNV GL classifies offshoredrilling and support units based on a set of variables. The vessels commonly used for both intervention and P&A can be divided into three categories; Mobile offshoredrilling unit (MODU), well intervention unit (WIU) type 1 and well intervention unit Type 2.
A coastwise point is defined as any point/location within the territorial waters of the United States, i.e., all points/locations landward of the three-mile belt surrounding the coast of the United Stated and its island territories and possessions (including Puerto Rico, but generally excluding American Samoa, Northern Mariana Islands and the Virgin (..)
billion in investments was 29% below the previous quarter when it had atypical spending related to the giant Buzios offshore field, and the decline may bring relief to the market. Analysts are optimistic that Petrobras production will accelerate as it reaches capacity at recently installed offshore production vessels and adds more.
With fewer active drillingrigs, U.S. operators will drill and complete fewer wells through 2026, the EIA estimated. Already, the number of rigsdrilling for crude in the U.S. Meanwhile, offshore output is set to grow to 1.85 saying production has already peaked.
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