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Singapore’s Jurong Shipyard, a subsidiary of Seatrium, has lost an arbitration over the termination of drilling equipment contracts related to four offshore rigs. MHWirth, a unit of Norwegian oil-ser ......
BP, as the operator of the Azeri-Chirag-Gunashli (ACG) project, has started oil production from the new Azeri Central East (ACE) platform as part of the ACG field development in the Azerbaijan sector ......
Norwegian state-owned energy giant Equinor has exercised its first option to extend the drilling waste management contract for a platform in the Norwegian sector of the North Sea with Soiltech, a comp ......
Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors inc ......
Scott McReaken has decided to step down as chief executive of John Fredriksen’s Northern Drilling and its semisub rig spin-off Northern Ocean. No further details were disclosed, but both companies ......
The contracts, worth an aggregate of S$350 million ($259m), include work on various types of vessels such as FSRUs, FPS, LNG carriers, and cruise ships as well as some offshore and naval work. All the ......
Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025. With an aggregate value of S$350 million ($259 mi ......
Norway-based cleantech service provider Soiltech has won two contracts for drilling waste management on a jack-up rig owned by Noble Corporation, an offshore drilling player. The new contracts, award ......
Despite delays mainly due to weather conditions, UK-based Baron Oil has completed a geophysical survey at the planned drilling location for the Chuditch-2 appraisal well off Timor-Leste and is current ......
John Fredriksen-backed rig investment company, Northern Drilling, has been denied the right to appeal an arbitration decision that favoured Daewoo Shipbuilding & Marine Engineering (DSME), now Hanwha ......
