North Sea vessel owners urged to back Dolphin Drilling’s Supreme Court battle
Shipping Chamber warns of "serious consequences" of HMRC tax case against Aberdeen-headquartered driller.
Rigs & Vessels
Kistefos considers class action lawsuit over Solstad restructure deal
Solstad Offshore warned one of its investors is considering bringing a class action lawsuit over losses it allegedly incurred as a result of a recent refinancing deal.
Diamond Offshore posts fourth quarter loss of $145 million
Rig operator Diamond Offshore Drilling (NYSE:DO) posted a loss of $145 million as it released its fourth quarter results.
Dolphin Drilling order backlog rises above $1bn in Q4 results
Aberdeen-headquartered Dolphin Drilling (OSE:DDRIL) has announced its fourth quarter (Q4) results as the company's order backlog rises above $1.1 billion (£870m).
Noble lands clutch of North Sea drilling deals
Noble Corporation (NYSE: NE) has landed a clutch of drilling deals in the North Sea as demand continues to see rigs being booked up.
North Sea rig use nearly maxed out as vessels move overseas
Drillers will “undoubtedly be considering moving more rigs elsewhere” if offered higher rates and longer time frames, analysts say.
North Sea rig exodus could hamper Europe’s CCS ambitions
An exodus of drilling rigs from the North Sea could curb plans to drill the hundreds of wells needed to make the basin’s carbon storage ambitions a reality.
Dolphin takes on Transocean rigs amid “strong interest” in North Sea
Dolphin Drilling announced the official transfer of two Transocean rigs bought last year as it looks to meet rising demand in the UK North Sea.
BP-leased oil rig pipe drops to sea floor in North Atlantic
Diamond Offshore Drilling Inc. said equipment on a rig under lease to BP Plc (LON:BP) accidentally broke free during a storm and sank to the bottom off the UK coast. No one was injured and no crude leaked into the ocean.
Buchan: NEO hits milestone on UK’s third-largest upcoming oil and gas project
Operator NEO Energy submits environmental statement for Buchan redevelopment in Moray Firth.
Aberdeen’s Three60 Energy secures work on BW Offshore’s Catcher and Adolo FPSOs
Aberdeen's Three60 Energy has secured two engineering and construction contracts with BW Offshore (BWO) across its Catcher and Adolo production vessels.
Aberdeen drilling firm ‘extremely disappointed’ as it loses £13m HMRC tax case
Dolphin Drilling has vowed to appeal.
Boost for North Sea as Valaris unveils swathe of rig deals
Offshore drilling contractor Valaris (NYSE:VAL) has announced a swathe of new contracts and extensions, with its order backlog rising to $1.14 billion.
ABL and Integrity HSE join forces to create ‘unrivalled’ rig inspection player
A marine energy consultancy and HSE specialist have teamed up to create what they say will be the leader in the Aberdeen rig inspection market.
Global offshore rig market could reach 96% utilisation in 2024
Westwood expects offshore rig dayrates to continue their upward trajectory across the board in 2024 as supply tightens.
BW Catcher FPSO contract extended beyond fixed term
The operators of the BW Catcher FPSO vessel have announced its contract has been extended beyond its fixed term.
HSE: Stena Spey failed to act in time to Storm Babet warnings
Unclear information and in some cases "contradictory" procedures meant the rig operator did not act on weather warnings in time to save its mooring systems, an HSE investigation found.
‘Accident waiting to happen’: Valaris fined £130k after North Sea crane boom collapse
Drilling company Valaris (NYSE: VAL) has been fined £130,000 by an Aberdeen court following a North Sea crane boom collapse in 2016.
Exodus of rigs could have ‘serious impact’ on North Sea plans
An exodus of oil rigs means the North Sea market is expected to “tighten considerably” over the next two years, according to new analysis.
Lack of North Sea HLVs still weighs heavily on UK wind ambitions
A lack of spare HLV capacity in the North Sea continues to cast serious doubt over the UK's loft offshore wind ambitions.
Shelf Drilling Perseverance rig to depart North Sea for £58m Vietnam contract
Sun sets on Perseverance rig's time in the North Sea, with Shelf Drilling announcing a 16 month contract with PetroVietnam.
Forth Ports CEO steps down after 23 years in charge
Forth Ports Group chief executive officer Charles Hammond has announced he will step down from the role next year after 23 years in charge of the Edinburgh-based company.
The great drilling rig migration: jacking up and shipping out
Now that rates are rising, Middle Eastern demand is slowing – but Southeast Asia has been touted as the next step.
Interview: Anasuria on ‘exciting’ first year as North Sea duty holder
“We’re very much still moving in through an investment phase as I see it on Anasuria over the next few years, which is really exciting."
Dana warned by HSE over training and supervision at Western Isles
Safety inspectors have ordered Dana Petroleum to improve practices on its Western Isles vessel over concerns control room staff are not suitably trained to work unsupervised.