Bermuda-incorporated offshore drilling contractor Valaris has divested one mobile offshore drilling unit (MODU) from its fleet and found multimillion-dollar assignments for five rigs within the oil and gas and offshore wind realms.
The post Shell, BP, …
A new report, published by the National Ocean Industries Association (NOIA), has painted the Gulf of America (Gulf of Mexico) as one of the world’s most valuable and dynamic offshore energy regions, spotlighting it as a critical engine of innovation, e…
NOIA depicts Gulf of America as anchor of US energy independence and maritime strength Read More »
Swedish tanker shipping company Stena Bulk has found a buyer for its eight-year-old oil tanker, which caught fire because of a collision with a Portuguese container ship in the North Sea, north of England.
The post Stena Bulk offloads 2017-built oil ta…
Stena Bulk offloads 2017-built oil tanker seven months after North Sea allision Read More »
Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has boosted the commercial momentum of its Alaskan liquefied natural gas (LNG) export development through a deal with Japan’s energy utilities giant Tokyo Gas, representing the fifth agreement in s…
$44 billion Alaska LNG project scores new offtake deal with Japanese player Read More »
As global and geopolitical sanctions continue to gain momentum, Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has dropped two long-term rig assignments off the coast of Mexico.
The post Borr pulls the plug on two Mexica…
Borr pulls the plug on two Mexican rig jobs as sanctions shake offshore drilling sphere Read More »