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Offshore drilling
Oil&Gas Drilling
Diamond Offshore Clinches New $350M Drillship Deal with BP
Houston-based Diamond Offshore Drilling has secured a two-year contract extension with a subsidiary of BP in the US Gulf of Mexico for the seventh-generation dr…
Biofuel
Glomar Claims 28% Emissions Reduction Using Goodfuels' Biofuel
Dutch offshore drilling services provider Glomar Offshore has revealed that it has achieved CO2 emissions reduction by 28% by transitioning from traditional fue…
Oil&Gas Drilling
Kuwait Oil's First Offshore Drilling Expected to End in 2026
Kuwait Oil Company's first offshore exploratory and drilling operations for oil and gas are expected to end in 2026, the state-owned firm's chief geolog…
Natural Gas
The Increasing Number of Offshore Projects Along With the Rising Production of Shale Gas Globally Will Garner the Requirement for Offshore Drilling Risers
The global offshore drilling riser market was estimated to reach a valuation of USD 3.8 Billion in the year 2022. With a steady CAGR of 2.2% from 2023 to 2033, …
Oil&Gas Drilling
‘Major’ Operator Books Transocean’s Idle Rig for Work off Australia
Offshore drilling contractor Transocean has secured a new contract with an undisclosed operator in Australia for a semi-submersible rig, which has been in idle …
Offshore Wind Power
New Jobs for Diamond Offshore’s Rig Fleet in U.S. And UK as Drilling Market Shows Signs of ‘Broad-Based Upcycle’
U.S.-headquartered offshore drilling contractor Diamond Offshore Drilling has secured new contracts and extensions with higher day rates for several rigs in the…
Offshore Wind Power
Transocean and Eneti to Form Offshore Wind Foundation Installation Venture
Eneti and the offshore drilling contractor, Transocean, have signed a non-binding memorandum of understanding indicating their intention to form a joint venture…
Oil&Gas Drilling
Japanese Firm Taking Over Country’s Only Offshore Drilling Contractor to Fortify Its Oil & Gas Business
Hakuryu-11 jack-up rig; Source: JDCJapan’s oil and gas player JX Nippon Oil & Gas Exploration Corporation is in the process of acquiring the country&rsquo…
Oil&Gas Drilling
Market Insights on Offshore Drilling Riser & Up-To-Date Key Trends
The global offshore drilling riser market was estimated to reach a valuation of USD 3.8 Billion in the year 2022. With a steady CAGR of 2.2% from 2023 to 2033, …
Oil&Gas Drilling
14% Increase in Offshore Drilling in North America Makes Usa’s Petroleum Liquid Feedstock Market Highly Important for the Economy
FMI anticipates that the global petroleum liquid feedstock market valuation could reach US$ 313 billion in 2023. As per the projection of the analysts, the mark…
Oil&Gas Drilling
New Year Sees Rousing Start to Offshore Drilling Market
NEW YORK CITY – Offshore drilling contractors have had a great start to 2023, as they have kicked off the new year with 26 rig contracts (17 jackups, 9 fl…
Oil&Gas Drilling
Rig Workers Evacuated Following Issue On Noble Jack-up
Offshore drilling contractor Noble Corporation has evacuated all rig personnel after an issue was found on one of the legs of a Noble Corporation-owned jack-up …
Crude Oil
Adnoc Drilling Secures Contracts Worth $3.4BN to Boost Offshore Capacity
Contracts to help company expand its offshore drilling activities and boost production capacity
Crude Oil
More Oil Discoveries Boost Guyana’s Offshore Boom
Guyana has seen a string of oil discoveries, quickly positioning it as one of the world’s hottest offshore drilling locations.
Crude Oil
Guyana To Become The 11th Country To Produce Over 1 Million Bpd
The tiny South American nation of Guyana has emerged as the hottest offshore drilling location on the continent over the last six years.
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