Offshore News


Rosneft Completes Geological Survey

Nov 21, 2014

Rosneft reports on 100% completion of the geological survey program on Company's offshore license areas for 2014.In the current year geological survey covered 24 license areas with the scope considerably exceeding license obligations…

Rowan's Fleet Status Update

Nov 21, 2014

Rowan Companies plc informed today that its monthly report of drilling rig status and contract details have been updated as of November 20, 2014.  Notable events in the current report include:Rowan Louisiana: As previously indicated…

BSEE Responds to Explosion in Gulf of Mexico

Nov 21, 2014

The Bureau of Safety and Environmental Enforcement (BSEE) is responding to an explosion at West Delta 105 in the Gulf of Mexico, approximately 12 miles off the coast of New Orleans. The offshore oil and gas operator, Fieldwood Energy, reported…

Remote Locations Present Maritime Supply Challenge

Nov 20, 2014

As the offshore sector expands internationally and new areas of operation come on stream in hard-to-reach parts of the world, the task of obtaining quality produce and spare parts becomes ever more challenging. Distance, time zones, local customs and bureaucracy…

Governor: Russia Will Have No Competitors in the Arctic

Nov 20, 2014

The Governor of Yamalo-Nenets Autonomous Region, Dmitry Kobylkin, presented the annual report on the situation in the autonomous region.'We have been confronted with new challenges. A number of countries are leading a fairly aggressive sanctions policy against Russia…

TransAtlantic Scrubber for SECA 2015

Nov 20, 2014

TransAtlantic and Stora Enso have signed and started the installation of the first order of a new innovative scrubber that washes out sulphur oxides from ship exhaust gases in a totally closed loop. It has taken years to find a solution that…

Drillsearch Appoints Simpson COO

Nov 20, 2014

Drillsearch Energy Limited today announced a further strengthening of its senior management team with the appointment of Mr Walter Simpson as Chief Operating Officer, reporting to Managing Director Brad Lingo.The most recent role in Mr Simpson’s…

Awards for Fugro Geotechnical Engineers

Nov 20, 2014

Two members of Fugro’s geoconsultancy team have won international awards – one recently presented in London, UK and the second in Regina, Canada.Dr. Kokkuen Lee, Principal Engineer at Fugro Advanced Geomechanics (Fugro AG), received the David…

COSL Takes Delivery of New Semisub

Nov 20, 2014

China Oilfield Services Limited saw successful delivery of the deepwater semi-submersible drilling rig COSLProspector it invested in and commissioned to build in Yantai, Shandong today. This rig has adopted the latest marine engineering design…

Study: US Offshore Holds Huge Untapped Potential

Nov 19, 2014

New studies show huge economic and energy potential of untapped offshore areasTwo new studies released today by the National Ocean Industries Association (NOIA) and the American Petroleum Institute (API) show significant potential added…

Ocean Rig's $120m Loan Agreement with DryShips

Nov 19, 2014

Ocean Rig UDW Inc. a global provider of off-shore contract drilling oil services, today announced the following: On November 18, 2014, Ocean Rig’s $120 million loan to its majority shareholder, DryShips Inc. (―DryShips‖), was approved by…

Dryships Achieves Refinance of 5% Convertible Notes

Nov 19, 2014

DryShips Inc. global provider of marine transportation services for drybulk and petroleum cargoes, and through its majority owned subsidiary, Ocean Rig UDW Inc., off-shore contract drilling oil services, today announced the following:  *…

SignalFire Wireless Telemetry Debuts New Product Range

Nov 19, 2014

A range of telemetry products that support robust, long-distance wireless communications in challenging, large scale environments such as those found in oil and gas, agriculture, water systems, forestry and public infrastructures are outlined in the SignalFire Wireless Telemetry Product Catalog…

Halliburton & Baker Hughes Merger

Nov 18, 2014

Halliburton Company and Baker Hughes Incorporated  today announced a definitive agreement under which Halliburton will acquire all the outstanding shares of Baker Hughes in a stock and cash transaction. The transaction is valued at $78.62 per Baker Hughes share…

Paterson Elected to Tidewater Board of Directors

Nov 17, 2014

Tidewater Inc. announced the election of Richard D. Paterson to its board of directors for a term beginning November 13, 2014 and expiring in July 2015.Richard D. Paterson is a certified public accountant who retired from Price Waterhouse Coopers LLP (PwC)…

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