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Dolphin Drilling getting over $20M for rig cancellation

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Dolphin Drilling has struck a deal with a North Sea operator to receive a compensation fee for the early termination of a drilling campaign one of its semi-submersible rigs was hired to carry out on the UK Continental Shelf (UKCS). The post Dolphin Drilling getting over $20M for rig cancellation appeared first on Offshore Energy.

TotalEnergies-chartered tanker cuts fuel use by up to 21% with wind propulsion, weather routing

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French software provider Syroco has released the performance data obtained from the first months of deployment of the wind propulsion system and weather optimization technology installed on TotalEnergies-chartered tanker Alcyone. The post TotalEnergies-chartered tanker cuts fuel use by up to 21% with wind propulsion, weather routing appeared first on Offshore Energy.

Smart Port Challenge 2024 has its winners

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This year’s Smart Port Challenge, an annual innovation competition in Singapore, has attracted a record number of nearly 200 proposals from startups in 35 countries. The post Smart Port Challenge 2024 has its winners appeared first on Offshore Energy.

Aramco suspends ops for Borr and Shelf Drilling rigs for up to a year

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Borr Drilling and Shelf Drilling have received notices of temporary suspension of operations for two jack-up rigs working for Aramco, Saudi Arabia’s energy giant, in the Middle East. The post Aramco suspends ops for Borr and Shelf Drilling rigs for up to a year appeared first on Offshore Energy.

COP29 pledge unites global port industry to ensure climate resilience of ports

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Multi-stakeholder initiative Resilience4Ports has launched the first sectoral, action-based commitment to enhance and accelerate the resilience of ports from the effects of climate change. The post COP29 pledge unites global port industry to ensure climate resilience of ports appeared first on Offshore Energy.