Drydocks World to Build ‘Mega Jack-up Rig’
Drydocks World, the UAE-based service provider to the maritime, oil & gas and energy sectors, signed an Agreement with Drill One Capital for building the “Dubai Expo 2020 NS” mega Jack-up rig.
British National Dies in ‘Sevan Brasil’ Accident
An offshore worker died in an accident last week on a drilling rig off the coast of Brazil.
Sigma Drilling Cancels Drillship Order in South Korea
Sigma Drilling Ltd. (“Sigma”) has terminated the construction contract for a new, high-specification drillship with STX Offshore & Shipbuilding Co. Ltd.
Wood Mackenzie Sees 2014 as Key Year for Norwegian Oil & Gas Sector
Wood Mackenzie’s annual review of Norway’s upstream oil and gas industry concludes that the sector showed no signs of slowing down in 2013, with high levels of development spend, asset deals, exploration activity, and a record NKr 176 billion (US$30 billion) capital investment.
Premier Oil to Develop Sea Lion Field via Tension Leg Platform
Rockhopper Exploration plc, the North Falkland Basin oil and gas exploration company, is has completed the concept selection process for the Sea Lion Development with partner Premier Oil (“Premier”).
Riser Incident Forces Lundin to Halt Operations on Bredford Dolphin Rig
Swedish oil and gas exploration company Lundin Petroleum has announced that an incident occurred Thursday morning at 01.45 on the Bredford Dolphin rig, offshore Norway.
AMEC to Launch $3.2B Takeover Offer for Foster Wheeler
AMEC, the international engineering and project management company, announces that has provisionally agreed with Foster Wheeler AG (Foster Wheeler) the outline terms for a recommended cash and share offer for all of Foster Wheeler’s issued and to be issued share capital.