Skip to content

Island Drilling sheds more light on $330 million Equinor contract win

Norwegian offshore rig operator Island Drilling has expounded on the permanent plug and abandonment (PP&A) assignment on the Norwegian continental shelf (NCS) it recently won with compatriot state-owned giant Equinor. The post Island Drilling sheds more light on $330 million Equinor contract win appeared first on Offshore Energy.

Public input requested for proposed tweaks to Canada’s $4B LNG project

Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s floating LNG (FLNG) processing facility and marine export terminal near Kitimat in British Columbia, Canada. The post Public input requested for proposed tweaks to Canada’s $4B LNG project appeared first on Offshore Energy.

Duo looking to drill exploration well offshore Bulgaria by year-end

  •  
  • Blog

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea. The post Duo looking to drill exploration well offshore Bulgaria by year-end appeared first on Offshore Energy.

EverLoNG: There are no showstopping regulation to prevent onboard CCS adoption today

  •  
  • Blog

There are no showstopping regulatory or class rule frameworks preventing onboard carbon capture (OCC) from being implemented today, the EverLoNG consortium concluded at the end of the three-and-a-half-year project which sought to encourage the uptake of OCC by trialing its use onboard LNG-fueled ships. The post EverLoNG: There are no showstopping regulation to prevent onboard CCS adoption today appeared first on Offshore Energy.

US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year

  •  
  • Blog

As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting a picture of busy times ahead for the drillship fleet in the future. The post US Gulf rig fleet facing ‘steep’ drop in activity but improvements on the cards next year appeared first on Offshore Energy.