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A service for energy industry professionals · Monday, May 5, 2025 · 809,590,762 Articles · 3+ Million Readers
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Semisubmersibles News Monitoring

  • Published on 12:52 GMT

    Dolphin Drilling reveals refinance plan for 35-year-old rig

    Norway-headquartered offshore drilling contractor Dolphin Drilling has tweaked the terms of the deal for its multimillion-dollar facility agreement with security, among other things, over the 1990-built semi-submersible rig it acquired from Transocean, …

    Source: Offshore Energy - Neutral
  • Published on 10:20 GMT

    SBM Offshore bags FPU contract for BP’s US Gulf deepwater project

    BP Exploration & Production, a subsidiary of the UK-based energy heavyweight BP, has signed a contract with the Netherlands-based SBM Offshore for the work related to a semi-submersible floating production unit (FPU) destined for the former’s deepwater …

    Source: Offshore Energy - Neutral
  • Published on May 1, 2025

    Energy trip down memory lane: Offshore oil & gas discoveries to remember 2024 by

    While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse …

    Source: Offshore Energy - Neutral
  • Published on May 1, 2025

    Top dollar oil & gas FID plays in 2024 with offshore development epilogues to come

    Shifting power dynamics not only in the political arena but also in the energy industry have led to many changes across the globe and spurred new sets of challenges, including geopolitical headaches arising from trade wars and further tariff threats that …

    Source: Offshore Energy - Neutral
  • Published on May 2, 2025

    SBM Offshore secures installations contract at bp’s Kaskida project

    SBM Offshore has secured a contract with BP Exploration and Production (bp) for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU) in the deep-water US Gulf. The Kaskida field, located approximately 250 miles (402. …

    Source: Offshore Technology - Neutral
  • Published on May 1, 2025

    Valaris Lifts Contract Backlog for its Drilling Rigs to $4.2B

    Offshore drilling company Valaris has secured over $1 billion of new contracts and extension for its drilling rigs since its previous fleet status report published mid-February 2025. Valaris’ contract backlog, excluding lump sum payments such as …

    Source: Offshore Engineer News - Neutral
  • Published on May 1, 2025

    SBM Offshore to install BP’s Gulf of Mexico production unit

    Dutch floater expert SBM Offshore has signed a contract with UK-based supermajor BP for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU). The Kaskida field is a greenfield Paleogene development located …

    Source: Splash 247 - Neutral
  • Published on Apr 30, 2025

    Steel without soul: China’s offshore boom masks a design deficit

    Asia correspondent at Upstream Follow me Behind the gleaming hulls and towering cranes lies an uncomfortable truth: China needs to move beyond assembly lines Hai Yang Shi You 981, China's first deepwater semi-submersible drilling rig, owned by CNOOC …

    Source: Upstream - Neutral
  • Published on Apr 30, 2025

    Noble Lands Deal To Sell Drillship Pair

    Offshore driller Noble Corporation has reached an agreement to sell a pair of cold-stacked drillships—Pacific Meltem and Pacific Scirocco. While the contractor did not specify the buyer or the price, it expects to finalize the deal by midyear. The rigs …

    Source: Journal of Petroleum Technology - Neutral
  • Published on Apr 30, 2025

    BP Hires SBM Offshore to Install Kaskida FPU in Gulf of America

    Apr 30, 2025 Kaskida FPU (Credit: Exmar Offshore) SBM Offshore has signed a contract with BP for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU) in the Gulf of America. The Kaskida field is a greenfield …

    Source: Offshore Engineer News - Neutral
  • Published on Apr 29, 2025

    Ex-boss of South Africa upstream regulator to drive stalled gas project

    Phindile Masangane joins Africa Energy, operator of Luiperd & Brulpadda asset, as another Impact Oil & Gas executive steps down Gas is flared during a drill stem test on TotalEnergies' Luiperd-1X well offshore South Africa, which was drilled by …

    Source: Upstream - Neutral
  • Published on May 2, 2025

    Valaris Limited (NYSE:VAL) Q1 2025 Earnings Call Transcript

    Valaris Limited (NYSE:VAL) Q1 2025 Earnings Call Transcript May 1, 2025 Operator: Good day and welcome to the Valaris First Quarter 2025 Results Conference Call. Today all participants will be in a listen-only mode. [Operator Instructions] Please note that …

    Source: Insider Monkey - Neutral
  • Published on 12:52 GMT

    WATCH: ‘Vital’ piece starts 670-km trip to Aker BP’s North Sea field

    A “key” piece of equipment has embarked on a journey from a shipyard in Norway to a North Sea field operated by the Norwegian oil and gas player Aker BP. Valhall field; Source: Aker BP According to Aker BP, an important milestone for the Valhall PWP-Fenris …

    Source: Offshore Energy - Neutral
  • Published on May 2, 2025

    Analyst Expectations For Valaris's Future

    Throughout the last three months, 6 analysts have evaluated Valaris VAL, offering a diverse set of opinions from bullish to bearish. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days …

    Source: myMotherLode - Pending
  • Published on May 2, 2025

    SBM Lands Kaskida FPU Installation Contract

    SBM Offshore has signed a contract with BP Exploration and Production for the wet-tow and installation of the Kaskida semisubmersible floating production unit (FPU) destined for the deepwater US Gulf of Mexico (GOM). The Kaskida field is a greenfield, 20, …

    Source: Journal of Petroleum Technology - Neutral
  • Published on May 1, 2025

    Q&A With Reelwell: Reelwell CEO Says Wired Pipe’s Moment Has Arrived With North Sea Debut

    Reelwell’s DualLink wired drillpipe is heading offshore for the first time, set to make its debut later this year in a campaign with Vår Energi on the Norwegian Continental Shelf. The Stavanger-based technology developer sees the project as more than a …

    Source: Journal of Petroleum Technology - Neutral
  • Published on Apr 30, 2025

    CRP Subsea to Supply Well Equipment for Shell’s Whale Development

    CRP Subsea, an AIS company, has secured a contract with Shell for the supply of crushable foam wrap (CFW) for the Whale deepwater development in the Gulf of America. The initial order is for one well-set, with additional orders for four more well-sets …

    Source: Offshore Engineer News - Neutral
  • Published on Apr 30, 2025

    WATCH: Odfjell rig all spruced up for 5-year North Sea gig with Aker BP

    A semi-submersible rig forming part of Odfjell Drilling’s fleet has undergone maintenance ahead of its contract with Aker BP in the North Sea. Deepsea Stavanger; Source: Semco Maritime While confirming that the Deepsea Stavanger kicked off its assignment …

    Source: Offshore Energy - Neutral
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  • Published on May 2, 2025 - 06:00 GMT

    Shell Plc 1st Quarter 2025 Unaudited Results

                                  SHELL PLC 1st QUARTER 2025 UNAUDITED RESULTS                                                       SUMMARY OF UNAUDITED RESULTS Quarters $ million     Q1 2025 Q4 2024 Q1 2024 %¹   Reference       4,780    928    7,358    +415 …

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  • Published on May 1, 2025 - 23:13 GMT

    Secretary Burgum Visits Gulf of America to Discuss American Energy Dominance

    Statement from Interior Press: Secretary Doug Burgum traveled to the Gulf of America today to tour an offshore oil rig and liquefied natural gas export facility. During his visit, Secretary Burgum met with local energy workers to discuss President Trump’s …

    Distribution channels: Environment
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