Offshore Rig News

2 2017 4th Quarter only 3 Includes one fatality resulting from a helicopter incident. Offshore Angler's® heavy wire 4-Arm Umbrella Rigs are frequently used by trolling striper anglers. The rig is currently in Las Palmas, Spain, where Pacific Drilling has two other drillships smart stacked - the Pacific Scirocco and Pacific Mistral. It operates in 20 countries and employs 9,000 personnel. All Articles News & Insights Offshore Rigs Oilfield Services RigLogix Video & Podcasts Podcast: James West and Terry Childs on offshore drilling fundamentals for 2020, April 2020 By Oliver Solly May 7, 2020 No Comments. Italian oilfield services company Saipem has shared a video of one of its offshore drilling rigs passing the Bosphorus Strait in Turkey, earlier this week. The COSL Prospector rig was contracted to Austrian oil and gas company OMV to drill off Taranaki during. Browse our investor news section for the latest investor presentations, webcasts and press releases. Offshore Oil Rigs extract Oil from water tiles, providing a resource and extra Production at the expense of the surrounding tiles' Appeal. Full Operator contact details U. The new coronavirus that causes COVID-19 has been confirmed in more than two dozen people working on oil platforms in the Gulf of Mexico, the Coast Guard said. More Business News. At Shell, this has included reducing staff on each rig and extending each employee's rotation on that rig. The explosion on the offshore drilling station in the Gulf of Mexico has killed 11 oil rig workers, sunk the rig, pumped millions of gallons of oil into the surrounding water, and devastated the. Bassoe Offshore is a leading offshore rig brokerage, advisory and project development company based in Oslo, Norway with offices in London, Houston, Dubai, and Rio de Janeiro. The Deepwater Horizon drilled. Times News Platforms. Blake International Rigs, LLC is a leading offshore contract drilling company providing modular platform drilling services in the Gulf of Mexico. Drilling Contractor is the only viable magazine exclusively covering the global drilling and completion industry, both land and offshore. The company reported a net. The Fool has written over 700 articles on. Topic last reviewed: 10 April 2013 Sectors: Upstream The energy needed on offshore drilling rigs is usually supplied by diesel engines. ARO Drilling, an offshore drilling contractor that owns, operates and manages a fleet of premium jack-up rigs in Saudi Arabia, has reached a deal with global enterprise applications company IFS to. Offshore staff. Offshore Angler™ Circle Hook Leader Rig is Heavy-duty 7-strand wire leader with a circle hook on one end and crane swivel on the other. Understand current and upcoming rig availability: which assets are working nearby, at what rates and when they come off contract. By The Phillips Petroleum Company said today that Norway had softened its earlier threat to shut down the Ekofisk offshore production. Seadrill has the most modern fleet of all the major offshore drillers. All Articles News & Insights Offshore Rigs Oilfield Services RigLogix Video & Podcasts Podcast: James West and Terry Childs on offshore drilling fundamentals for 2020, April 2020 By Oliver Solly May 7, 2020 No Comments. Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format. We are seeking Full Rig Crew: Marine section leader/chief mate 2nd officers/dpo unlimited Drillers Crane operators Materials admin Chief engineers Rig Electricians 2nd engineers 3rd engineers Rig Mechanics Captain OIM All necessary certificates to be up to date for position, valid for 6 months. Get a weekly view of all vertical oil rigs in DeWitt, Dimmit, Duval, Frio, and Lee counties in Texas. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. Fishing Reels Offshore Angler® Rig Lockers eliminate the hassle of tangled lures and leaders. The new coronavirus that causes COVID-19 has been confirmed in more than two dozen people working on oil platforms in the Gulf of Mexico, the Coast Guard said. Apparently influenced by the diminishing global rig count and the cash crunch being experienced by the Nigerian National Petroleum Corporation, NNPC, in the execution of its joint venture projects. This is a change of -2. Located in Oslo, Singapore and Houston, our rig department enables us to serve our global clients 24/7, and to pursue business opportunities wherever they emerge. Singapore: Dynamic Offshore Drilling will deploy a newly built exploration rig next month in the Western offshore part of India for drilling oil and gas wells for Oil and Natural Gas Corp (ONGC). Workers generally rotate on and off in multiweek shifts, though some specialists will do quick one-day jaunts to the sites. Oil rig shakeup set for offshore N. (RIG) stock price, news, historical charts, analyst ratings and financial information from WSJ. The total US rig count is down three from the prior week to 885. rig count is 830 rigs, down 8 from the previous week, and down 264 from a year ago. Northern Offshore announces firm Letter of Awards for two (2) long-term contracts for its premium, heavy-duty jack-up drilling units from Qatar Petroleum. source: Baker Hughes. The firm owned 10,498 shares of the offshore drilling services provider’s stock after selling 15,202 shares during the quarter. Best Operations. JDC has built an international reputation as a drilling contractor with experienced and well trained work force through its 50 years' wide-ranging drilling services. All Articles News & Insights Offshore Rigs Oilfield Services RigLogix Video & Podcasts Podcast: James West and Terry Childs on offshore drilling fundamentals for 2020, April 2020 By Oliver Solly May 7, 2020 No Comments. In this blog we take a deep dive into the world of offshore rigs, focusing on what you can expect in the way of living conditions when taking a job in the offshore industry. These rigs are most common type of offshore drilling rigs, combining the advantages of submersible rigs with the ability to drill in deep water. The offshore drilling market will be better at the end of 2020 compared to the current state. The average U. DEIF’s dedicated and experienced project department for offshore system solutions has a proven record of providing full customer satisfaction for complex offshore applications. JDC provides quality offshore drilling services to oil and gas companies all over the world. Slower growth, higher prices or more subsidies: Asia's oil-related trilemma. State-run Petrobras said 74 workers were on board the rig at the time and six of. The Good Boy has been returned to shore. Due Diligence, including inspection of the rig and its documents 6. All Articles News & Insights Offshore Rigs Oilfield Services RigLogix Video & Podcasts Podcast: James West and Terry Childs on offshore drilling fundamentals for 2020, April 2020 By Oliver Solly May 7, 2020 No Comments. Bassoe Offshore is a leading offshore rig brokerage, advisory and project development company based in Oslo, Norway with offices in London, Houston, Dubai, and Rio de Janeiro. News & Tips. Transocean (NYSE: RIG) has been cutting its rig count to improve utilization since 2016 in keeping with the slowdown in the general environment for offshore drilling operations. So far there have been no reported cases of COVID-19 on offshore installations in Guyana. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. subsidiary of a. Crude Oil Rigs in the United States averaged 506. A power failure overnight Monday at Israel’s offshore Leviathan rig caused operators to burn off natural gas at the platform in a safety procedure that lit up the sky off the coast with a ball. The recent oil spill news and amendments in marine environment policy is hindering the growth of offshore drilling rig. Offshore oil rigs could turn into windmills and dive hotels A Long Beach conference explores new. 79) on an earnings per. 17 crore) while an ultra deep-water rig may command a daily rental of $400,000. Brazil watches world's biggest offshore rig sink. The latest on what's happening in the UK oil and gas indusry. Had things gone as planned, that oil would have fueled cars and. It means more jobs, more revenue, and. This is a change of -5. herrenknecht vertical – automated rig technology We are a German manufacturer of onshore and offshore drilling rigs and equipment. Offshore Rig Count is up 2 rigs from last week to 19 and down 6 rigs year-over-year. The Offshore Rig Market – At $30 Oil Offshore Drillers May Be Out of Options By Oliver Solly March 19, 2020 April 6th, 2020 No Comments COVID-19 and low oil prices are already having an impact on the offshore rig market as contractors face crew & logistical challenges and E&Ps attempt to prioritize drilling campaigns. Three employees of Acme Energy Integrated Services Limited, which owned and managed the rig and was working on NDPR's drilling campaign, were kidnapped and nine others injured when unknown gunmen. (RIG) today issued a quarterly Fleet Status Report that provides the current status of, and contract information for, the company s fleet of offshore drilling rigs. Long a scourge to environmentalists, California’s offshore oil rigs may be transformed into ecological trophies. Get the latest Transocean Ltd (Switzerland) (RIG) stock news and headlines to help you in your trading and investing decisions. خلال رئاسته الجمعية العامة لشركة الحفر المصرية. So, you wanna work on an offshore rig? William And Kate Had A Surprise Video Call With The Kids Of Key Workers. 23 billion, following net impairments of USD 1. Our Process: 1. Work with Us. GSP Saturn is a 4-legged, self-elevating jack-up unit. Oil rig jobs and news, offshore and onshore. Get breaking news and analysis on Transocean Ltd. Browse our investor news section for the latest investor presentations, webcasts and press releases. HOUSTON –The US offshore rig count slid to 29, five rigs down from the prior week, bringing it to 31 fewer year-over-year, reported Baker Hughes Inc. Published on Aug 13, 2018. Business News. Transocean Ltd. Latest News. This is an offshore oil rig that has a floating drill unit that includes columns and pontoons that, if flooded with water, will cause the pontoons to submerge to a depth that is predetermined. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and. rig count for January 2020 was 791, down 13 from the 804 counted in December 2019, and down 274 from the 1,065 counted in January 2019. One share of RIG stock can currently be purchased for approximately $4. Diamond Offshore said it had spent more than $100 million to prepare and transport the deepwater rig to execute the drilling program in the Otway Basin off the southern coast of Australia to. Rotork actuators to aid Libra FPSO metering. SUBSCRIBE NOW. More Business News. Northern Offshore obtains certifications for ISO 9001:2015 / 14001:2015. Baker Hughes Rig Count: Canada +102 to 276 rigs. Managing and Operating. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. Rotork actuators to aid Libra FPSO metering. Borr Divests Two Rigs Monday, May 04, 2020 A subsidiary of Borr Drilling sold two standard jack-up rigs for $15. Diamond Offshore Drilling, Inc. Many oil platforms will also contain facilities to accommodate their workforce. This page provides - United States Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news. A state of the art offshore drilling rig destined for Taranaki waters set the record for the longest well drilled in. The Deepwater Horizon drilled. North Sea News. We currently boast one of the largest and youngest fleets of ballastable vessels to cater to the upscale growth in offshore demand across Asia. Find the latest Transocean Ltd (Switzerland) (RIG) stock quote, history, news and other vital information to help you with your stock trading and investing. It means more jobs, more revenue, and. News & Tips. News: Newsletter: Events: Oil & Gas Jobs: Contact: Water Well Rigs: Land Drilling Rigs: Jackup Rigs: LDPE Recycling: Oilfield Container Camps: Offshore Accommodation: Used Offshore Rigs for Sale Offshore Used Drilling Rigs Jackup rigs worldwide Jackup rigs in Middle East Jackup rigs in Singapore, malaysia, Brunei. How to Become an Oil Rig Worker Anybody interested in working on an offshore oil rig will have two potential career paths open to them; signing up early for a manual role and attempting to work their way up through the ranks, or gaining the appropriate educational qualifications and. The Canada rig count is up 35 rigs from last year's count of 209, with oil rigs up 24 and gas rigs up 11. Sky Offshore Packages for 2020. 3 percent, to $117. The 2010 BP oil spill dumped more than 200 million gallons of crude oil into the Gulf of Mexico, where it killed billions of fish. The Offshore Rig Market - At $30 Oil Offshore Drillers May Be Out of Options in Oil & Companies News 24/03/2020 With the oil price crash and COVID-19, the near-term outlook for the offshore rig. again remove rigs since explorers have decided to curb. Unlike most landlocked museums, the Ocean Star Offshore Drilling Museum is housed on a retired jackup drilling rig. Offshore oil drilling rig contractor News and Updates from The Economictimes. Announcements of operators cutting 2020 capital expenditure plans are coming fast and furious with. Apr 08, 2010. Offshore Rigs News - page 63 Deepdish to order. Had things gone as planned, that oil would have fueled cars and. The ASTRA jack-up rig was acquired in 2006 from LUKOIL and has been deployed in Russian, Kazakh and Turkmen sectors of the Caspian sea. 75 in a research note issued on Friday, BenzingaRatingsTable reports. Following the integration of the four rigs, which will join the fleet in the first quarter of 2020, ADNOC Drilling plans to acquire dozens of additional land, offshore, and island rigs by 2025. The concepts imagines a future in which the world is no longer dependent on oil. Sheer endeavour deserved win, TSC wins contract form QGOG and G&T. Top economists project the oil boom to last the next 14 to 20 years, which will likely lead to oil jobs outstripping financial and IT jobs. SUBSCRIBE NOW. The offshore rig market should love China's energy independence policy With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. Fit for the future. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. TSC Successfully Wins PEMEX's US$11. To really understand Israel and the Middle East - subscribe to Haaretz Protestors are demanding that Prime Minister Benjamin Netanyahu and Energy Minister Yuval Steinitz push the rig 120 kilometers (74 miles) from Dor beach, minimize pollution from the Tamar gas rig and prevent the construction of gas-powered power plants, which they claim as. That's bad news for Kvaerner, Aker Solutions, and their sector players, because rig-building is the biggest revenue source for the offshore industry. Baker Hughes has said this is down 972 rigs from the prior year. A power failure overnight Monday at Israel's offshore Leviathan rig caused operators to burn off natural gas at the platform in a safety procedure that lit up the sky off the coast with a ball. (Bloomberg). The typical offshore rig or drillship is both a floating community and a manufacturing facility home to 120 to 200 people at any one time. OIL RIG FAST FACTS There are around 1,470 offshore oil rigs around the world, which means this role could take you anywhere from the UK to Australia or even the Gulf of. Fit for the future. This is a change of -2. The Oil and Gas Authority (OGA) has announced it is exploring the use of renewable energy to power offshore oil and gas platforms in the UK North Sea. While transiting from Brasil to Mexico, the OOS Frida I stopped offshore Curacao for bunkers, spares, provisions and crew changes. The COVID-19 pandemic and the lower oil price environment are impacting offshore drilling activity. Offshore drilling contractor Noble Corporation has secured more work for two of its drilling rigs in Myanmar and Trinidad. Sheer endeavour deserved win, TSC wins contract form QGOG and G&T. News about Offshore Drilling and Exploration, including commentary and archival articles published in The New York Times. Proposed installations are therefore typically close enough to shore to arouse strong public opposition. The jack-up rig GulfDrill Lovanda spudded the first of. The Fool has written over 700 articles on. rig count for March 2020 was 772, down 19 from the 791 counted in February 2020, and down 251 from the 1,023 counted in March 2019. Browse our investor news section for the latest investor presentations, webcasts and press releases. Transocean Rig Radio Operator Jobs for Indians can be found on Taaza Jobs: Radio Room Operator's offshore salary has been reported as £ 28,000 or US$ 42,000, in fact this is one of the easiest positions on offshore oil platforms that requires GMDSS Radio. in Singapore, Gavin Evans and Margot Habiby of Bloomberg reported early Monday. The offshore rig count is now 15 rigs shy of the four-year high of 66 reached on August 29, 2014. According to GC Rieber Shipping, Nexans Skagerrak… Equinor Hires AGS for North Sea Survey. Sky Offshore Packages for 2020. Named Heimdal, the jackup rig is built to Keppel's proprietary KFELS B Class design and is the fifth of eleven jackup rigs that Borr Drilling has ordered from. The rig is currently in Las Palmas, Spain, where Pacific Drilling has two other drillships smart stacked - the Pacific Scirocco and Pacific Mistral. Our focus is on offshore rig assets including drilling, accommodation and service rigs, as well as floating production units. RIG | Complete Transocean Ltd. News-ID: 1977724. At Shell, this has included reducing staff on each rig and extending each employee's rotation on that rig. Thunderhorse, an offshore oil rig. The greatest water depth a jackup can drill in is 550 feet, and many newer units have a rated drilling depth of 35,000 feet. In addition to the muster on Hebron, there was also a muster on the Henry Goodrich rig, which is also operating on the. Mission & Core Values. How to Become an Oil Rig Worker Anybody interested in working on an offshore oil rig will have two potential career paths open to them; signing up early for a manual role and attempting to work their way up through the ranks, or gaining the appropriate educational qualifications and. SBM Offshore, operator of the lone oil producing vessel in the country - the Liza Destiny FPSO - has said it remains mobilized and is taking all necessary precautions to ensure safe operations and safeguard the health of its personnel onshore and offshore. The offshore rig count is now 15 rigs shy of the four-year high of 66 reached on August 29, 2014. With an unwavering focus on safety and dedicated employees, we provide innovative solutions and aim to deliver excellence in everything that we do. Neptune is a leading provider of integrated engineered solutions to the oil and gas, marine and renewable energy industries. Khon Vitisak, the worker who rescued the dog, told The Daily Mail: “We found her trying to swim towards our rig, which is about 135 miles from the shore. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. The offshore rig market should love China's energy independence policy With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. Brazil battles dozens of coronavirus cases on offshore oil rigs. Back to E&E News index page. Nov 04, 2019 (WiredRelease via COMTEX) -- A Precise market analysis on Global Offshore Drilling Rigs Product Market. The company says two people died and 32 were evacuated - while 29 more are missing. Find the latest news and information on the leading provider of offshore drilling. The rig is a cantilever drilling jack-up CJ46-X100-D GustoMSC designed for use […]. Norway, western Europe's top oil and gas producer, has between 8,000 and 10,000 people working at offshore production platforms, drilling rigs and supply vessels at any given time, industry data. Norway, western Europe's top oil and gas producer, has between 8,000 and 10,000 people working at offshore production platforms, drilling rigs and supply vessels at any given time, industry data. RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it's going to get worse before it gets better, especially if current conditions persist. For many Californians, offshore oil rigs are a total eyesore, ugly and lifeless. Blake will continue its strong history of providing highly competent personnel to service the drilling needs of the Operators. Find up-to-date offshore news and information on topics ranging from oil and gas exploration to renewable energy production. Due Diligence, including inspection of the rig and its documents 6. The World’s First R-550D Jack-up Rig Successfully Obtains ABS Certificate. Nature is reclaiming its space. Japan releases photographs of Chinese offshore rigs A row between Japan and China over offshore oil and gas exploration close to the maritime border between the two nations has prompted the. Maersk Resolve drilling rig was relocated to Wintershall Noordzee’s D/12-A production platform…. News & Tips. The brokerage currently has a “neutral” rating on the offshore drilling services provider’s stock. We expect. Visit INSIDER. Reuters; April 15, 2020, 19:52 IST. The Houston-based engineering firm Zentech, which specializes in rig platforms and offshore oil drilling and construction vessels, announced plans this summer to tackle another hurdle facing the. Offshore Rigs News - page 63 Deepdish to order. But some marine scientists say our view might change if we could see below the water's surface. Brazil battles dozens of coronavirus cases on offshore oil rigs. Posts about Offshore rig written by Offshore Insider. In 2009/2013, the rig was subject of an extensive upgrade and reclassification project carried out by GSP Shipyard under GSP project management, the budget amounting approx. Discovering a new exploration site and development of existing reserves to enhance its production will drive the market of the offshore drilling rig. March 11, 2020 / 6:52 AM / 2 months ago. Ben Goldfarb is a correspondent at High Country News. 79) on an earnings per. Costs of rigs also vary depending on the depth being drilled, as it typically costs more to drill deeper holes. Top economists project the oil boom to last the next 14 to 20 years, which will likely lead to oil jobs outstripping financial and IT jobs. Receive information package/documents 5. TSC Successfully Wins PEMEX’s US$11. وزير البترول يؤكد علي ان الشركة يمكنها مجابهة الشركات العالمية فى مجال الحفر سواء البرى أو البحرى April 5, 2018. VARD completes multi-purpose installation vessel Island Victory. More Business News. In consideration of true demand of assets owners with creative thought and strategy, AMERIG hand in hand with world class manufacturers and service firms, have developed our business in total supply chain and creative drilling equipment package service solution to support our clients to guarantee efficient delivery of the project and reduce the downtime of drilling operation. Work with Us. Times News Platforms. Combining the resources […]. Rowland for his offshore drilling rig design. Shortly after a platform is installed, it becomes habitat to marine life and communities begin to grow. We're using technology and data analytics to continually improve what we do and how. The offshore rig market should love China’s energy independence policy With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. 02 billion in revenue each year. Offshore Leading designer, builder and repairer of high-performance mobile offshore rigs. The typical offshore rig or drillship is both a floating community and a manufacturing facility home to 120 to 200 people at any one time. Provider of Offshore Drilling Services with Owned Assets. Call Us +1 (832) 616-3458. Seadrill, an offshore drilling rig operator headquartered in Bermuda with its principal offices in London and Houston, has unveiled the West Mira, the company's first hybrid offshore drilling rig. Offshore Rigs News - page 63 Deepdish to order. Our Process: 1. The Ocean BlackHawk was delivered in mid-2014, and sister rigs, the Ocean BlackHornet. Work with Us. Offshore Rig Electrician. News: Newsletter: Events: Oil & Gas Jobs: Contact: Water Well Rigs: Land Drilling Rigs: Jackup Rigs: LDPE Recycling: Oilfield Container Camps: Offshore Accommodation: Used Offshore Rigs for Sale Offshore Used Drilling Rigs Jackup rigs worldwide Jackup rigs in Middle East Jackup rigs in Singapore, malaysia, Brunei. Get breaking news and analysis on Transocean Ltd. News & Trends. Chevron Provides Update on Rig Incident Offshore Nigeria SAN RAMON, Calif. AUSTIN, Texas, April 14, 2020 /PRNewswire/ -- On April 3, 2020, the Texas Supreme Court held that an offshore rig repair company could exclude from its revenue approximately $80M in payments to. The journey is 500 miles long and took approximately 12 days. It was not all bad news for Transocean in its update, though, with Beacon Offshore extending the contract for its Deepwater Asgard rig in the US Gulf of Mexico. #skandi #DOF #tug #tuglife #norwegiansea #statoil #trollA #towout #spar #sparplatform #FPSO #offshore #. But IoT has the power to connect every aspect of the oil and gas operations, resulting in real-time data analytics, predictive maintenance, asset management and health and safety for faster decision making and a safer working environment. We provide drilling services across all water depths with unmatched scale, geographic presence and customer relationships. Baker Hughes has said this is down 972 rigs from the prior year. On Sunday, Vietnam’s Foreign Ministry spokesman objected to the Chinese announcement, saying the coordinates of the oil rig put it in Vietnam’s exclusive economic zone and on its continental shelf, about 120 nautical miles off. Oil production has slowed in the past decade but new discoveries are still being made in the North Sea. When drilling rigs are active they consume products and services produced by the oil service industry. You control. TSC successfully completed P32 220tonees crane factory acceptance test. An offshore oil rig is a noisy, grimy, cramped existence. He reports that offshore oil rig workers typically work 12-hour shifts, many in a hot and/or loud environment, but that they can always count on three smorgasbordesque meals a day. Seadrill has the most modern fleet of all the major offshore drillers. Equinor reports adjusted earnings of USD 3. Japan Drilling Company’s semisubmersible drilling rig Hakuryu-5 was recently upgraded with Exmar. offshore rig count is down one to 20 and up one rig year-over-year. OTC 2020 will take place 4–7 May at NRG Park, Houston, Texas, USA. The total US rig count is down three from the prior week to 885. The Oil and Gas Authority (OGA) has announced it is exploring the use of renewable energy to power offshore oil and gas platforms in the UK North Sea. Offshore Rigs News GMS Rejects 'Opportunistic' Takeover Proposal by Seafox. Hercules Offshore Vice President of Finance and Treasurer Stephen M. The rig is currently in Las Palmas, Spain, where Pacific Drilling has two other drillships smart stacked - the Pacific Scirocco and Pacific Mistral. Following the integration of the four rigs, which will join the fleet in the first quarter of 2020, ADNOC Drilling plans to acquire dozens of additional land, offshore, and island rigs by 2025. More Business News. Until now, the researchers said, offshore rigs have essentially been viewed as nearly 100% efficient, with no leakage of methane except during certain actions including releasing gas to control pressure inside wells or moving oil from rigs to. We are excited to announce that Enverus has acquired RS Energy Group, a leading. A state of the art offshore drilling rig destined for Taranaki waters set the record for the longest well drilled in. This is an offshore oil rig that has a floating drill unit that includes columns and pontoons that, if flooded with water, will cause the pontoons to submerge to a depth that is predetermined. There are 776 people working on the project, spread across three installations, Martin Linge, the Maersk Intrepid drilling rig and the Floatel Endurance accommodation rig. PGS has completed its Painimaut 3D multi-client program, which involved acquiring more than 6,100 sq km (2,355 sq mi) of seismic data offshore Papua New Guinea. Offshore Rigs News - page 63 Deepdish to order. serves the global oil and gas industry with a modern, environmentally friendly and technically advanced fleet. Located in Oslo, Singapore and Houston, our rig department enables us to serve our global clients 24/7, and to pursue business opportunities wherever they emerge. Sky Offshore is available for Yachts, Super Yachts, Offshore Vessels, Oil Rigs and Smaller Vessels. Canada's Ranger Oil has begun assembling an oil and gas production facility in the Espoir field off Ivory Coast, the West African country's. Below is a selection of Offshore Rigs which are currently available for Sale. Rig Count is up 280 rigs from last year’s count of 659, with oil rigs up 230, gas rigs up 51, and miscellaneous rigs down 1 to 0. Offshore Rigs ADC owns and operates a fleet of 7 offshore units, including heavy-duty jack-ups outfitted with high specification equipment and capable of drilling in 250 feet (75 meters) of water. Ocean Valiant Sign up to our Daily newsletter Shell and Diamond Offshore have “mutually agreed” the release of the Ocean Valiant rig from its contract. The rig is currently in Las Palmas, Spain, where Pacific Drilling has two other drillships smart stacked - the Pacific Scirocco and Pacific Mistral. Get breaking news and analysis on Transocean Ltd. Friday, May 01, 2020 Rig Operator Diamond Offshore Files for Bankruptcy. , filed for bankruptcy amid an unprecedented crash in crude prices that's wrecking demand for oil exploration at sea. Northern Offshore chairman and chief executive Yuanhui Sun said this contract was a “significant milestone” and boosts its backlog of work to 14 years of rig operations. Reuters; April 15, 2020, 19:52 IST. Life aboard a North Sea rig Jump to media player Steph McGovern finds out what life is like for the thousands of staff who work on offshore rigs around the UK's coastline. Offshore oil rigs could be remade as reefs, windmills, sea farms, research hubs But the lack of a state program for the transformation poses an obstacle. The offshore rig count is now 15 rigs shy of the four-year high of 66 reached on August 29, 2014. Offshore Rigs Nabors is a leading provider of offshore platform workover and drilling rigs. Inside more than a thousand offshore drilling rigs and oil production platforms that dot the Gulf of Mexico, workers navigate narrow corridors, sleep in shared rooms and dine in crowded mess halls. 23 billion, following net impairments of USD 1. Most commonly, the term is used to describe drilling activities on the continental shelf, though the term can also be applied to drilling in lakes, inshore waters and. There’s little downtime and no alcohol, he says, but there is Ping-Pong. Our Process: 1. 79 Close Offshore Drilling: Why. Kyle Bardsley, a senior project engineer for an offshore oil driller, packs surprisingly light for weeks on an oil rig. May 04, 2020. 88% from last week and -23. Change (%) -0. Supreme Court will hear arguments April 16 on whether offshore drilling rig workers should receive the higher California minimum wage instead of the national standard, as well as other compensation and benefits guaranteed under the state’s wage and hour law. Blue Ocean Drilling Limited (BOD), a drilling company dedicated to operating a fleet of premium offshore rigs, has recently entered into contract with Shanghai Waigaoqiao Shipbuilding (SWS) in. 00 in net income (profit) each year or ($0. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. On the bright side, the company has been awarded letters of award for two premium jack-ups. Combining the resources […]. Weatherford International saved an operator 27. View the latest Transocean Ltd. Offshore rigs can cost 15 to 20 times more than land drilling rigs. The Baker Hughes rig count is an important business barometer for the oil drilling industry. Rig counts are often used as a gauge of the economic health of America’s offshore oil and gas industry. The total US rig count is down three from the prior week to 885. Rig Count is up 280 rigs from last year’s count of 659, with oil rigs up 230, gas rigs up 51, and miscellaneous rigs down 1 to 0. Fleet Status Report. rig count is 830 rigs, down 8 from the previous week, and down 264 from a year ago. RIG | Complete Transocean Ltd. Online News Monitoring Made Simple. rig count for March 2020 was 772, down 19 from the 791 counted in February 2020, and down 251 from the 1,023 counted in March 2019. The Canada rig count is up 41 rigs from last week to 244, with oil rigs up 32 to 152 and gas rigs up 9 to 92. Offshore Bunkering & Trading. The Canada rig count is up 35 rigs from last year’s count of 209, with oil rigs up 24 and gas rigs up 11. The first offshore drillship was the CUSS 1 developed for the Mohole project to drill into the Earth's crust. Offshore Rig with Fuel Tanker Also known as Oil Rig And Tanker Set type Normal Theme group Vintage themes Theme LEGOLAND Subtheme Boats Year released 1977 Tags Aircraft Helicopter Baseplate Boat Ship Shell Drill Tanker Cargo Ship Pieces 460 Minifigs 3 Current value New: Not known Used: ~$101 Rating. Shares of Rowan have, while Diamond Offshore Drilling has, Ensco has, Noble has, Pacific Drilling has declined 0. +91 11 4007 7090 Tel: +91 11 4007 7091 Fax: E-mail: [email protected] It was not all bad news for Transocean in its update, though, with Beacon Offshore extending the contract for its Deepwater Asgard rig in the US Gulf of Mexico. Types of offshore oil rigs Offshore drilling has come a long way since the wharf-based rigs of the late 1800s, giving oil companies an arsenal of options for tapping deep-sea deposits. Japan Drilling Company’s semisubmersible drilling rig Hakuryu-5 was recently upgraded with Exmar. 00 in net income (profit) each year or ($0. The participants will be required to request the Seadrill Limited Conference call. So, you wanna work on an offshore rig? William And Kate Had A Surprise Video Call With The Kids Of Key Workers. Offshore oil and gas production is a growing sector. The COVID-19 pandemic and the lower oil price environment are impacting offshore drilling activity. Change (%) -0. Background Outreach offshore recently completed a project to supply and support the installation set to work (STW) and commissioning of an OSB 240 (M) specialist access system. PA Wire/AP. It was not all bad news for Transocean in its update, though, with Beacon Offshore extending the contract for its Deepwater Asgard rig in the US Gulf of Mexico. How to Become an Oil Rig Worker Anybody interested in working on an offshore oil rig will have two potential career paths open to them; signing up early for a manual role and attempting to work their way up through the ranks, or gaining the appropriate educational qualifications and. The Fool has written over 700 articles on. Oil drilling rigs can be either offshore for drilling into the ocean floor or land-based. Unlike most landlocked museums, the Ocean Star Offshore Drilling Museum is housed on a retired jackup drilling rig. Current North Slope rigs reach out 22,000 feet. 02 billion in revenue each year. While an offshore rig might seem. Located in Oslo, Singapore and Houston, our rig department enables us to serve our global clients 24/7, and to pursue business opportunities wherever they emerge. The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. Offshore Rig with Fuel Tanker Also known as Oil Rig And Tanker Set type Normal Theme group Vintage themes Theme LEGOLAND Subtheme Boats Year released 1977 Tags Aircraft Helicopter Baseplate Boat Ship Shell Drill Tanker Cargo Ship Pieces 460 Minifigs 3 Current value New: Not known Used: ~$101 Rating. Our automated drilling technology enables contractors and operators to work safer, faster and more cost efficiently. Transocean (NYSE:RIG), the largest offshore driller, faced significant headwinds over the last 4 years as the downturn in the oil market reduced demand for high-cost, long-lifecycle offshore projects. The new coronavirus that causes COVID-19 has been confirmed in more than two dozen people working on oil platforms in the Gulf of Mexico, the Coast Guard said. The Fool has written over 700 articles on. Courtesy Jeremy Claise Bull said that in her 30 years studying sea life under platforms, she and her fellow researchers observed 1. (DO) Zacks News. Offshore-Rig News: Keppel O&M Says Pivot To Gas, Renewables Pays Off, Maersk Drilling To Mothball Several Rigs, Reduce North Sea Headcount, Offshore Drilling:. Lagos area will be receiving 140 offshore rigs for deep offshore logistics operations to further boost the nation’s fledgling oil and gas industry, a report presented at this year’s. The Archer Emerald modular drilling rig will arrive off Taranaki in March 2020. The Canada rig count is up 41 rigs from last week to 244, with oil rigs up 32 to 152 and gas rigs up 9 to 92. Hanoi says Hakuryu-5 joint operation with Russia will now run until September 15, while coastguard vessels from China and Vietnam continue vigil on disputed reef. But for the roustabouts on deck, and the roughnecks manning the drill, life on a mechanical island has rewards all its own. Offshore staff. Browse our investor news section for the latest investor presentations, webcasts and press releases. Blake will continue its strong history of providing highly competent personnel to service the drilling needs of the Operators. Profile, Mission & Vision. A dozen or more of the state’s 27 offshore platforms could be decommissioned in. 3 percent, to $117. So far there have been no reported cases of COVID-19 on offshore installations in Guyana. 'It was an incredibly dangerous and stupid. At one time, long ago, an offshore platform was used by primitives for fishing, harvesting kelp, or gathering shells. Bluewhale Offshore is pleased to confirm that it has signed a two year contract with CNOOC, commencing April 2019, for its. Apr 08, 2010. First, there's the offshore rigs to worry about. February 6, 2020. weekly offshore rig count in sharp drop The number of offshore rigs in the U. The company had reported $18 million in revenue in 2016-17. Today's offshore wind turbines usually stand on towers driven deep into the ocean floor. SBM Offshore is a leader in floating production and mooring systems (FPSO) employing over 7000 people throughout the world. Northern Offshore announces firm Letter of Awards for two (2) long-term contracts for its premium, heavy-duty jack-up drilling units from Qatar Petroleum. It means more jobs, more revenue, and. Although both locations bring large amounts of oil to the. The company acquired rival offshore drilling contractors Songa Offshore and Ocean Rig for a combined $6. Workers generally rotate on and off in multiweek shifts, though some specialists will do quick one-day jaunts to the sites. Partners / Associates Assets. Working on an offshore oil rig is physically demanding, dirty and stressful, but the money is good and the food is great, according to Lee Cowan of CBS News. Located in Oslo, Singapore and Houston, our rig department enables us to serve our global clients 24/7, and to pursue business opportunities wherever they emerge. The marine life is in danger due to an oil spill and cleaning cost is quite. Job description We are looking below professionals for Offshore Jack up Rigs for Saudi Arabia urgently. 59%) Date as of 2020-02-21T18:30:00 ET minimum 20 min delay. Present a formal offer 7. Business News -Rig-builder Keppel Offshore & Marine has secured a US$800 million (S$1 billion) contract to build a semisubmersible drilling rig for Caspian Drilling Company, a subsidiary of the State. Fire boats battle a fire at the off shore oil rig Deepwater Horizon April 21, 2010 in the Gulf of Mexico off the coast of Louisiana. With the oil price crash and COVID-19, the near-term outlook for the offshore rig market is on a lot of minds. Island Offshore has taken delivery of the new offshore installation vessel Island Victory from the VARD Langsten shipyard. The company had reported $18 million in revenue in 2016-17. Your new platform. Lagos area will be receiving 140 offshore rigs for deep offshore logistics operations to further boost the nation’s fledgling oil and gas industry, a report presented at this year’s. Supreme Court will hear arguments April 16 on whether offshore drilling rig workers should receive the higher California minimum wage instead of the national standard, as well as other compensation and benefits guaranteed under the state’s wage and hour law. Since 1978, we have established 11 companies. Apply to Supervisor, Floorhand, Installer and more!. Find the latest Transocean Ltd (Switzerland) (RIG) stock quote, history, news and other vital information to help you with your stock trading and investing. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. Unlike most landlocked museums, the Ocean Star Offshore Drilling Museum is housed on a retired jackup drilling rig. Since its last Fleet Status Report in October, Transocean (RIG) added approximately $10 million in contract backlog, bringing total backlog to $9. Our automated drilling technology enables contractors and operators to work safer, faster and more cost efficiently. Japan Drilling Company’s semisubmersible drilling rig Hakuryu-5 was recently upgraded with Exmar. How big of a company is Transocean? Transocean has a market capitalization of $2. The stock prices of offshore drilling companies have fallen precipitously over the past year, dropping at a steeper decline than the oil price itself. Offshore staff. Press J to jump to the feed. From an operational point of view, offshore drilling may be subdivided into two main categories, depending on the water depth. Get the latest Transocean Ltd (Switzerland) (RIG) stock news and headlines to help you in your trading and investing decisions. March 11, 2020 / 6:52 AM / 2 months ago. The total US rig count is down three from the prior week to 885. Fit for the future. Hercules Offshore Vice President of Finance and Treasurer Stephen M. Workers generally rotate on and off in multiweek shifts. Northern Offshore Obtains ISO Certificates. BP oil spill still haunts off-shore drilling industry 8 years later Less than a decade after the BP Deepwater Horizon disaster, the Trump administration wants to expand offshore drilling. An offshore drilling rigs or offshore platform is the large structure that facilities for well drilling to extract, store, explore, and process petroleum and natural gas. The offshore drilling market will be better at the end of 2020 compared to the current state. Offshore rigs can cost 15 to 20 times more than land drilling rigs. Oil drilling rigs can be either offshore for drilling into the ocean floor or land-based. Noble owns and operates one of the most modern, versatile and technically advanced fleets in the offshore drilling industry. Times News Platforms. The company also owns a self-propelled Multi-Purpose Service Vessel (MPSV) for well intervention and well testing services. TSC win liftboat jacking system contract. How to Become an Oil Rig Worker Anybody interested in working on an offshore oil rig will have two potential career paths open to them; signing up early for a manual role and attempting to work their way up through the ranks, or gaining the appropriate educational qualifications and. Explore the world's offshore developments, share a lifetime of learning with your peers. Faced with a global shortage of offshore drilling rigs, the Petroleum Ministry has asked the Cabinet for a three-year drilling holiday or moratorium for firms like Oil and Natural Gas Corp and Reliance Industries. On Thursday, it announced that two clients have. Call Us +1 (832) 616-3458. At the end of November 2018, there were 74 active jack-ups, semi-submersibles and. " X The oil and gas equipment provider now sees Q1 revenue of $1. So, you wanna work on an offshore rig? William And Kate Had A Surprise Video Call With The Kids Of Key Workers. Offshore staff. For many Californians, offshore oil rigs are a total eyesore, ugly and lifeless. Latest News. HOUSTON , Feb. 79) on an earnings per. 81% from one year ago. The average U. Understand current and upcoming rig availability: which assets are working nearby, at what rates and when they come off contract. Houston oilfield service company Enterprise Offshore Drilling is laying off more than 60 workers assigned to an offshore rig operated by a client in the Gulf of Mexico. “These contracts and 14 rig-year contract backlog enable the company to further expand our fleet with additional newbuild jack-up rigs,” said Dr Sun. Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format. @Interior's offshore drilling announcement is great news for the economy. Offshore drilling rig Explore equipment and application specific to your industry in the below schematic. “These contracts and 14 rig-year contract backlog enable the company to further expand our fleet with additional newbuild jack-up rigs,” said Dr Sun. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. Semi-submersible rigs are the most common type of offshore drilling rigs, combining the advantages of submersible rigs with the ability. The Offshore Rig Market - At $30 Oil Offshore Drillers May Be Out of Options in Oil & Companies News 24/03/2020 With the oil price crash and COVID-19, the near-term outlook for the offshore rig. April 14, 2020 / 9:39 PM / 20 days ago. 5 after a chain dropped on the Noble Regina Allen rig. Offshore workers travel to and from rigs on helicopters, which can also pose health and safety risks. Offshore cable specialist Nexans has extended the charter for the construction support vessel Polar King. Offshore Bunkering & Trading. We expect. is a drilling and offshore services contractor headquartered in Singapore. Harvey will first pass over more than 3,000 active offshore rigs stationed in the Gulf of Mexico as it comes ashore on Friday night. The Company’s business activities are classified into two categories: coal and offshore. Start a dialogue or set up a meeting. Some 230 rig retirements have occurred between the start of 2014 and March 2019, the result of which has been an offshore drilling rig fleet in net decline since 2015. The rig is currently in Las Palmas, Spain, where Pacific Drilling has two other drillships smart stacked - the Pacific Scirocco and Pacific Mistral. The first of 80 North Field East development wells was spudded on March 29, by the jack-up rig “GulfDrill Lovanda”, which is managed and operated by GulfDrill, a joint venture between the Qatar based drilling contractor Gulf Drilling International, and Oslo-listed drilling firm Seadrill. It is typically carried out in order to explore for and subsequently extract petroleum which lies in rock formations beneath the seabed. Employment _____ NEW ALERT: Spartan Offshore Drilling, LLC has recently determined that unauthorized individuals are using its company information without authority in an attempt to deceive individuals who may be seeking employment with Spartan Offshore Drilling. RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it's going to get worse before it gets better, especially if current conditions persist. OTC 2020 will take place 4–7 May at NRG Park, Houston, Texas, USA. The Offshore Rig Market - At $30 Oil Offshore Drillers May Be Out of Options By Oliver Solly March 19, 2020 April 6th, 2020 No Comments COVID-19 and low oil prices are already having an impact on the offshore rig market as contractors face crew & logistical challenges and E&Ps attempt to prioritize drilling campaigns. We are seeking Full Rig Crew: Marine section leader/chief mate 2nd officers/dpo unlimited Drillers Crane operators Materials admin Chief engineers Rig Electricians 2nd engineers 3rd engineers Rig Mechanics Captain OIM All necessary certificates to be up to date for position, valid for 6 months. Offshore Rig Integrated Solutions TSC fully leveraged its strengths in providing offshore high-end equipment, and launched the concept of providing offshore drilling package one-stop services so as to significantly reduce shipyards’ construction costs and solve problems equipment providers’ interfaces. Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format. Offshore oil rigs could turn into windmills and dive hotels A Long Beach conference explores new. But some marine scientists say our view might change if we could see below the water's surface. The RigData US Land Rig Three-Year Forecast is a detailed analysis of land rig demand that takes into consideration several variables, including: macro economic conditions, drilling technology, demand for oil and gas, and CAPEX reporting. Images of sea life beneath offshore oil rigs presented by Dr. Shallow Water - Benign Environment. The Canada rig count is up 35 rigs from last year's count of 209, with oil rigs up 24 and gas rigs up 11. Offshore rig operators reel from oil price rout. Monday, February 17, 2020 Eni revealed Monday that it has made a new oil discovery on the Saasken exploration prospect offshore Mexico. The company acquired rival offshore drilling contractors Songa Offshore and Ocean Rig for a combined $6. RigLogix has contacted a number of rig owners and operators and the consensus seems to be that it’s going to get worse before it gets better, especially if current conditions persist. With an unwavering focus on safety and dedicated employees, we provide innovative solutions and aim to deliver excellence in everything that we do. SBM Offshore, operator of the lone oil producing vessel in the country – the Liza Destiny FPSO – has said it remains mobilized and is taking all necessary precautions to ensure safe operations and safeguard the health of its personnel onshore and offshore. The Scarabeo 9, Saipem's semi-submersible drilling rig, on Monday crossed the Bosporus Strait for the fourth time in its history. Offshore Insider. " X The oil and gas equipment provider now sees Q1 revenue of $1. The typical offshore rig or drillship is both a floating community and a manufacturing facility home to 120 to 200 people at any one time. SUBSCRIBE NOW. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. Mission & Core Values. Ship Management & Operations. An oil-drilling platform stands offshore in the Gulf of Mexico as people fish Wednesday in Port Fourchon, La. Our Process: 1. Workers generally rotate on and off in multiweek shifts, though some specialists will do quick one-day jaunts to the sites. Offshore Services. 81% from one year ago. Below is a selection of Offshore Rigs which are currently available for Sale. VARD completes multi-purpose installation vessel Island Victory. Apply online now!!. The rig is currently in Las Palmas, Spain, where Pacific Drilling has two other drillships smart stacked - the Pacific Scirocco and Pacific Mistral. OSLO/LONDON. Rig 26 will be able drill up to 37,000 feet (11,278 meters), or more than 7 miles (11 kilometers), from its pad when it goes to work in a few months. Rigs to Reefs Over the years, studies have documented a connection among fish and other marine life, fishing, and the oil and gas structures in the marine environment. More >> Marine Trusted industry name for the repair, conversion and upgrade of a diverse range of vessels. Inside more than a thousand offshore drilling rigs and oil production platforms that dot the Gulf of Mexico, workers navigate narrow corridors, sleep in shared rooms and dine in crowded mess halls. Users of the rig portal site can filter the rigs dataset by drilling unit manager, rig name, rig type (jackup, drillship, semisub and tender), country, rig design, status and operating region. There are 776 people working on the project, spread across three installations, Martin Linge, the Maersk Intrepid drilling rig and the Floatel Endurance accommodation rig. The Deepwater Horizon drilled. Equinor fourth quarter 2019 and year end results. The typical offshore rig or drillship is both a floating community and a manufacturing facility home to 120 to 200 people at any one time. Offshore oil rigs could be remade as reefs, windmills, sea farms, research hubs But the lack of a state program for the transformation poses an obstacle. The Trump Administration is rolling back some of the Obama-era safety regulations for offshore drilling that were meant to prevent a repeat of the 2010 Deepwater Horizon explosion, the worst. Offshore oil rigs could turn into windmills and dive hotels A Long Beach conference explores new. Layoffs: Downsizing related discussion, postings, questions and answers. Commercial decision-making in offshore drilling companies is a tough challenge, involving not just ensuring safe, efficient, and continued operations in some incredibly challenging physical environments, but also taking a position on where the market may be in 3-4 years, a typical lead-time for a new rig. Posts about Offshore rig written by Offshore Insider. Receive information package/documents 5. Since 1978, we have established 11 companies. Outreach Offshore were tasked to provide a versatile solution to support operations, maintenance and inspection within the drilling derrick of a rig located in Bahrain. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. Offshore drilling is a mechanical process where a wellbore is drilled below the seabed. After maintenance on 2 rigs in Q4, all rigs will be under contract with international customers in the Kurdistan region. Baker Hughes has said this is down 972 rigs from the prior year. Find the latest news and information on the leading provider of offshore drilling. Many oil platforms will also contain facilities to accommodate their workforce. @Interior’s offshore drilling announcement is great news for the economy. Offshore Leading designer, builder and repairer of high-performance mobile offshore rigs. Stormy weather and high winds wreaked havoc offshore Newfoundland Nov. Rig Count is up 280 rigs from last year’s count of 659, with oil rigs up 230, gas rigs up 51, and miscellaneous rigs down 1 to 0. Norway, western Europe's top oil and gas producer, has between 8,000 and 10,000 people working at offshore production platforms, drilling rigs and supply vessels at any given time, industry data. BP oil spill still haunts off-shore drilling industry 8 years later Less than a decade after the BP Deepwater Horizon disaster, the Trump administration wants to expand offshore drilling. Hywind Tampen will cost a total of almost 5 billion kroner ($550 million), it said in a statement on Friday. Feds to investigate after two killed, one injured on Shell's Gulf of Mexico Auger platform It is the third fatal accident on an offshore oil platform in the Gulf of Mexico in just over a month. By Mikael Holter, Bloomberg Equinor ASA made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost. This is a decrease compared to 232 offshore rigs active in August 2018, but an increase versus 209 offshore rigs drilling worldwide in September 2017. Sprawled on the bottom level of a massive oil rig more than 11 miles from the shores of Long Beach, the half-dozen sea lions grow louder as our boat glides closer. It's an environment designed for efficiency — not for keeping a lethal coronavirus at bay. While transiting from Brasil to Mexico, the OOS Frida I stopped offshore Curacao for bunkers, spares, provisions and crew changes. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. an offshore drilling rig. There have been 126 confirmed cases of the coronavirus among oil and gas workers in Brazil, including 74 people who were recently on offshore oil platforms, regulator ANP told Reuters on Tuesday. With an unwavering focus on safety and dedicated employees, we provide innovative solutions and aim to deliver excellence in everything that we do. So far there have been no reported cases of COVID-19 on offshore installations in Guyana. NEW YORK (BLOOMBERG) - Inside more than a thousand offshore drilling rigs and oil production platforms that dot the Gulf of Mexico, workers navigate narrow corridors, sleep in shared rooms and dine in crowded mess halls. Images of sea life beneath offshore oil rigs presented by Dr. An oil drilling rig is a structure that houses equipment such as the derrick, pipe, drill bits and cables necessary to extract petroleum from beneath the earth's surface. More >> Specialised Shipbuilding Designer and builder of a wide spectrum of highly specialised ships for a global clientele. OTC 2020 will take place 4–7 May at NRG Park, Houston, Texas, USA. February 6, 2020. Offshore Rigs News - page 63 Deepdish to order. Offshore Technology Focus is the essential reading material for decision-makers in the offshore oil & gas industry, bringing you the latest news and analysis in an exciting, interactive format. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. Get a weekly view of all horizontal rigs with a well depth of 15K+ in Texas, North Dakota, and Colorado. The Ocean BlackHawk was delivered in mid-2014, and sister rigs, the Ocean BlackHornet. Apr 08, 2010. Ocean Valiant Sign up to our Daily newsletter Shell and Diamond Offshore have “mutually agreed” the release of the Ocean Valiant rig from its contract. Borr Divests Two Rigs Monday, May 04, 2020 A subsidiary of Borr Drilling sold two standard jack-up rigs for $15. The Tanks and Aircraft Carriers that can be built with Oil, however, are a great boon to military-focused civilizations. These rigs are most common type of offshore drilling rigs, combining the advantages of submersible rigs with the ability to drill in deep water. Stormy weather and high winds wreaked havoc offshore Newfoundland Nov. Located in Oslo, Singapore and Houston, our rig department enables us to serve our global clients 24/7, and to pursue business opportunities wherever they emerge. The average U. Career opportunities are available with a comprehensive benefits package and competitive pay. There have been 126 confirmed cases of the coronavirus among oil and gas workers in Brazil, including 74 people who were recently on offshore oil platforms, regulator ANP told Reuters on Tuesday. May 1st, 2020 Rigs/Vessels. Marine Construction. In addition our fleet is further augmented. The COSL Prospector rig was contracted to Austrian oil and gas company OMV to drill off Taranaki during. Also, the Pacific Bora drillship and the Pacific Sharav drillships recently completed their respective contracts with Eni in Oman and Chevron in the Gulf of Mexico, and the owner is now working on. The typical offshore rig or drillship is both a floating community and a manufacturing facility home to 120 to 200 people at any one time. Offshore staff. 59%) Date as of 2020-02-21T18:30:00 ET minimum 20 min delay. Covering the latest oil and gas news including shale, lng, drilling, exploration and production. The offshore rig market should love China’s energy independence policy With nearly 60 offshore rigs, China is doing everything it can to boost oil and gas production. Transocean (NYSE:RIG) had its price objective cut by analysts at Credit Suisse Group from $2. They believe he fell off a fishing boat. Canada's Ranger Oil has begun assembling an oil and gas production facility in the Espoir field off Ivory Coast, the West African country's. At the end of November 2018, there were 74 active jack-ups, semi-submersibles and. Credit: Edison Chouest Offshore. PT Rig Tenders Indonesia Tbk (“The Company” or “Rig Tenders”) is an Indonesia-based public-listed marine logistic services provider for the oil and coal industry. May 04, 2020. 4 Min Read. National Oilwell Varco warned on its first-quarter revenue Monday, citing "reduced progress on new offshore rig construction. Offshore Bunkering & Trading. وزير البترول يؤكد علي ان الشركة يمكنها مجابهة الشركات العالمية فى مجال الحفر سواء البرى أو البحرى April 5, 2018; A. 52 billion and the IFRS net income was negative USD 0. Two oil rig workers died October 18 after an accident aboard the Ensco 104 rig chartered to SapuraKencana in offshore Malaysia. , filed for bankruptcy amid an unprecedented crash in crude prices that's wrecking demand for oil exploration at sea. That’s in line.