China rattles Japan with oil rig in maritime spat
China has installed a new oil and gas production platform near the median line with Japan in the East China Sea, reported the Asia Maritime Transparency Initiative (AMTI), sparking Tokyo’s anger.
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Southeast Asia market for drilling rigs lukewarm despite lofty oil prices
Global and regional upstream activities, including in Southeast Asia, are rising, as more exploration and development projects are evaluated and approved. Yet, the drilling rig market in the region is not as exciting as it should be, especially with global oil prices ranging between $100 and $120 per barrel in recent months.
Struggling Sembcorp Marine to raise $1.1 billion
Singapore offshore and marine giant Sembcorp Marine will raise S$1.5 billion (US$1.1 billion) in funds from a rights issue to support the company’s operations. The rig builder has been struggling with rising costs and delays to projects being built at its yards.
Velesto evaluates recovery options for sunken rig off Malaysia
Malaysia’s Velesto Energy is evaluating potential recovery options for its jack-up drilling rig NAGA (dragon) 7 that sunk off the Malaysian state of Sarawak while working for ConocoPhillips.
Petronas workers stranded offshore after Myanmar coup
Malaysian national oil company (NOC) Petronas said that it is making every effort to ensure the safety of about 155 workers that are sub-contracted on a barge servicing its Yetagun platform in the Andaman Sea off Myanmar following the military coup.
Let’s use oil rig museum as platform to re-invent Aberdeen
As someone who has previously run for parliament, allow me to attempt a typical politician’s response. Converting a redundant oil platform into a major Aberdeen tourist attraction is a great idea which I support. Or, then again, perhaps not. It’s definitely one of the two. There: that’s my bases covered.
KCA Deutag clinches land drilling deals worth £41m
A north-east drilling and engineering company has continued its hot streak of contract wins for global onshore jobs.
Updated: Awilco in new £325m rig order, appoints new CEO
North Sea contractor Awilco Drilling has ordered a new semi-submersible rig for £325 million – and found a new chief executive.
Offshore-rig recovery still far off, Norway’s biggest bank warns
The offshore drilling market will take a long time to rebalance as more consolidation and rig retirements are needed to cut oversupply, according to DNB ASA, Norway’s biggest bank.
US rig count falls by eight
US energy companies idled eight drilling rigs last week, including seven oil rigs and one natural gas rig, in a delayed reaction to lower energy prices a few weeks ago.
Eland Oil & Gas signs rig deal
Eland Oil & Gas has signed a rig deal with OES Energy Services for its Nigeria campaign.
COSL Innovator: How the investigation into wave rig death unfolded
On December 30th last year an offshore worker was killed after a freak wave hit the side of the COSL Innovator rig.
Video: Fancy a holiday platform spotting in the North Sea?
Footage has captured tourists platform hunting in the North Sea.
COSL takes legal action against Statoil over rig cancellation
COSL has filed a civil action lawsuit against Norwegian operator Statoil after it terminated a drilling contract for one of its rigs in March this year.
Transocean rig nets work for Aker BP exploration on North Sea licences
Aker BP is to press ahead with new exploration in the North Sea.
Transocean Winner rig arrives at its final destination in Turkey
An oil rig wrecked off the Western Isles has arrived at “blowtorch beach” - its final destination at an environmentally friendly” breaking zone in Turkey - where it will be chopped up for scrap.
Statoil confirms Stena Drilling rig cancellation
Statoil has confirmed its cancellation of a rig contract with Stena Drilling.
Hurricane Energy extends Transocean rig contract
Hurricane Energy has extended its contract for the Transocean Spitsbergen rig.
What We Know So Far: Statoil hit by trio of incidents offshore Norway
Norwegian operator Statoil has been hit with a trio of incidents in the North Sea.
Ensco wins new drilling contracts
Ensco has won several new drilling contracts for its jack-up rigs.
Transocean Winner rig bill “at least” £38million
The oil rig that crashed into the Outer Hebrides is believed to have run up a bill of "at least" £38m.
Transocean Winner move on to transport ship after weather delays
The Transocean Winner rig has finally been moved on to the deck of a semi-submersible transport ship after weather delayed its move.
Work resumes once more to move Transocean Winner rig
Preparations are being made again to load the Transocean Winner rig from the North Sea.
Firms ordered to comply with new rig safety requirements
The Norwegian Petroleum Safety Authority (PSA) has called on oil firms to protect its facilities from the impact of bad weather, almost a year after an offshore worker was killed.
Transocean Winner: Operation to move rig is temporarily suspended
Increasingly rough conditions at sea have caused the operation to move the Transocean Winner to be temporarily suspended.