Oil rig news

The company has secured new renewable electricity supplies for its operated assets in Germany, reducing emissions by more than 11 000 t of CO2 per year.

MacGregor, part of Cargotec, has secured a contract with Otto Candies to deliver an active heave compensated FibreTrac offshore crane.

The rig engine management system is deployable to Nabors rigs and beyond to the broader drilling community.

The hydraulic fluid is designed to meet the complex needs of the drilling industry quickly and efficiently.

CNOOC announced that Luda 5-2 oilfield north phase I project and Kenli 6-1 oilfield 4-1 block development project have commenced production.

Crude oil production in the US has recovered considerably from the lows seen during the first wave of the COVID-19 pandemic and the brief price war between Saudi Arabia and Russia.

The harsh environment jack-up rig Maersk Resolute will be employed to plug and abandon a total of 31 wells in the Dutch sector of the North Sea.

The offshore works saw the recovery of 135 concrete mattresses, more than 12 km of rigid pipelines, 15.5 km of flexibles, and around 1500 grout bags.

The sale to Geoplex Drillteq Ltd. includes five drilling rigs.

The 83-m high steel jacket, weighing around 8500 t, will also be delivered by Allseas’ Pioneering Spirit construction vessel in April.