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Home2018December

Month: December 2018

Transocean specialises in technically demanding environments, specifically ultra-deepwater and harsh environments (photo: Transocean)
Contracts

Drilling contract for Transocean newbuild ultra-deepwater drillship

31 December 2018 Editor 0

Transocean Ltd. has announced that it has signed a rig design and construction management contract, as well as a 5-year drilling contract, with Chevron USA, Inc. for one of its two dynamically positioned ultra-deepwater drillships […]

In July 2018, Mozambique Rovuma Venture submitted the development plan to the government of Mozambique for the first phase of the Rovuma LNG project
Contracts

Offtake commitments for the Rovuma LNG Project secured

31 December 2018 Editor 0

Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 […]

photo: Baker Hughes
Exploration

Weekly Rig Count from BHGE

31 December 2018 Editor 0

Baker Hughes, a GE company has posted Weekly Rig Count reports. US Rig Count is up 3 rigs from last week to 1,083, with oil rigs up 2 to 885 and gas rigs up 1 […]

King Lear discovery in 2012 – ‘Maersk Gallant’ drilling rig in the North Sea
Mergers

Equinor completes sales of two non-core NCS assets

28 December 2018 Editor 0

Equinor has completed the sales of two non-core discoveries on the Norwegian Continental Shelf (NCS) that were both announced in October 2018. The first sale, of a 77.8% operated interest in the King Lear discovery […]

photo: Shell
Mergers

Shell announces sale completion of its New Zealand entities

28 December 2018 Editor 0

Royal Dutch Shell plc has completed the sale of its shares in Shell entities in New Zealand, to OMV for USD 578 million. This includes the Māui, Pohokura, and Tank Farm assets, and the sale […]

Delivering sampling solutions for natural/shale/bio gas, petrochemical and LNG applications, VE Technology® safely and effectively samples trace elements to sub ppm levels
Oil/Gas

Orbital Gas Systems secures purchase orders for integration projects

28 December 2018 Editor 0

Orbital Gas Systems, a wholly owned Energy subsidiary of CUI Global, Inc., has been awarded purchase orders for integration projects totalling USD 3.3 million from a large Texas-based Engineering, Procurement, and Construction (EPC) company during […]

photo: Cargotec
Mergers

MacGregor receives clearance for TTS acquisition

28 December 2018 Editor 0

MacGregor, part of Cargotec, has received a clearance decision from the South Korean Fair Trade Commission on the company’s acquisition of the marine and offshore businesses of TTS Group ASA, which was announced on 8 […]

photo: Keppel Offshore & Marine Ltd
Contracts

Keppel secures marine contracts

26 December 2018 Editor 0

Keppel Offshore & Marine Ltd has through its wholly owned subsidiaries, Keppel Singmarine Pte Ltd and Keppel Shipyard Ltd, has clinched contracts worth a combined value of about SGD 300 million for the design and […]

The ‘Ralph Coffman’, a 240-C Class harsh environment jack-up rig
Contracts

Contracts for ‘Ralph Coffman’ and ‘Joe Douglas’

26 December 2018 Editor 0

Rowan Companies plc has announced that the Ralph Coffman, a 240-C Class harsh environment jack-up rig, has been awarded a 180-day contract in Trinidad. The contract is expected to commence in April of 2019. The […]

photo: Baker Hughes
Exploration

Weekly Rig Count from BHGE

26 December 2018 Editor 0

Baker Hughes, a GE company has posted Weekly Rig Count reports. US Rig Count is up 9 rigs from last week to 1,080, with oil rigs up 10 to 883 and gas rigs down 1 […]

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