Offshore drilling firm Transocean on Friday released its quarterly fleet status report in which it announced several new contracts, a contract termination in Malaysia, and the retirement of the Leiv Eiriksson semi-submersible drilling rig.Some of the contracts have been announced previously…
Norway-based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021.The classification society, providing services to offshore and maritime industries, among others, has had the current name since the…
Maritime classification society and technical services provider Lloyd's Register Group (LR) has agreed to sell its Energy business unit to Inspirit Capital, a London-based investment firm.LR said that the agreement followed a review of LR’s business portfolio and strategic direction…
Norwegian energy company Equinor has signed a three-well contract with offshore drilling contractor Noble Corp. for the use of the Noble Lloyd Noble jack-up drilling rig at the Valemon field, in the North Sea, offshore Norway. The drilling is slated to begin in the summer of 2021…
After 14-years at Lloyd's Register (LR), including five years as group CEO, Alastair Marsh announced that he is stepping down from his role and will retire from the Lloyd’s Register group board on December 31, 2020. LR's board said that Nick Brown…
UK-focused oil and gas company Hurricane Energy has terminated the contract for Transocean's Paul B. Loyd Jr. semi-submersible drilling rig.In its fleet status report issued on Wednesday, Transocean said that Hurricane Energy had terminated…
As much as 40% of maintenance work carried out by FPSO vessel operators is unnecessary, the energy industry consultancy Lloyd’s Register (LR) has found.Lloyd’s Register (LR), found that by reducing these unwarranted manhours, operators could save on average almost £600…
Energy consultancy company Lloyd’s Register (LR) will be providing design consultancy for the control room which is part of Equinor's Hywind Tampen project, the world’s first floating wind farm to power offshore oil and gas platforms. As previously reported…
Lloyd’s Register (LR) said it has named Mark Darley as Marine & Offshore (M&O) Chief Operating Officer.Darley, who joined LR on graduation as a marine surveyor 20 years ago, is currently M&O President for North Asia and has held leadership positions in the UK…
Lloyd's Register has appointed Elina Papageorgiou as its new Marine and Offshore President for UK and Ireland, starting April 1, 2020.Papageorgiou has held a variety of roles across North and South Europe in sales, marketing, and finance functions since joining LR in 2004…
On the back of several major consultancy and maintenance optimization contracts wins in offshore and onshore oil and gas exploration space, Lloyds Register has appointed Yvo Yansen as Global Business Development Director for Energy business…
The maritime classification society Lloyd's Register Group Limited (LR) has secured a significant contract win with the European electricity transmission system operator TenneT.The five-year contract covers inspection and assurance services…
Singapore-based offshore rig builder Keppel O&M is working on a system that will enable it to 3D print offshore grade materials, to speed up production and lower cost. The company has teamed up with local university and research and technology…
An Automated Well Control system has been field trialed on a land rig in Aberdeen, a world first, according to the technology's developer Safe Influx.With funding support from Oil and Gas Technology Center (OGTC), the “drilling module” was implemented…
Despite the age of big data, 71% of organizations still rely on a single data source to analyze asset performance and risk management – instead of drawing information from multiple sources for a more comprehensive view, reveals a report released by Lloyd’s Register…