Offshore drilling

Artificial Lift Market Landscape Overview 2020-2025 - Redevelopment of Mature Oilfields, New Offshore Oilfield Discoveries

Retrieved on: 
Tuesday, April 28, 2020
Petroleum production, Pumps, Articles, Technology, Contents, Artificial lift, Gas lift, Renewable energy, Oil well, Offshore drilling, Peak oil

Rising production from the existing oil & gas reserves as well as depleting reserves has driven the artificial lift market growth.

Key Points: 
  • Rising production from the existing oil & gas reserves as well as depleting reserves has driven the artificial lift market growth.
  • However, declining oil demand from Europe due to the transition towards renewables is likely to hamper the growth of the artificial lift market.
  • The artificial lift market is dominated by a few major players that have an extensive regional presence.
  • Artificial lift methods such as hydraulic pumping, gas lift, ESP, and PCP are most prominently used in offshore oil wells.

Diamond Offshore Receives NYSE Delisting Notice

Retrieved on: 
Monday, April 27, 2020
Petroleum production, Petroleum industry in the United States, Offshore drilling, New York Stock Exchange, Diamond Offshore Drilling, Offshore, Listing, Economy of New York City, Economy of the United States, Energy

HOUSTON, April 27, 2020 /PRNewswire/ --Diamond Offshore Drilling, Inc. (NYSE: DO) ("the Company") today announced that the Company received notification from the staff of NYSE Regulation, Inc. ("NYSE Regulation") that it has determined to commence proceedings to delist the Company's shares of common stock.

Key Points: 
  • HOUSTON, April 27, 2020 /PRNewswire/ --Diamond Offshore Drilling, Inc. (NYSE: DO) ("the Company") today announced that the Company received notification from the staff of NYSE Regulation, Inc. ("NYSE Regulation") that it has determined to commence proceedings to delist the Company's shares of common stock.
  • The Company does not presently anticipate exercising its right to appeal NYSE Regulation's delisting determination.
  • Diamond Offshore is a leader in offshore drilling, providing innovation, thought leadership and contract drilling services to solve complex deepwater challenges around the globe.
  • All forward-looking statements are expressly qualified in their entirety by this cautionary notice.

Deepwater and Ultra-Deepwater Drilling Market 2019-2023 | Rise in Deepwater and Ultra-Deepwater E&P Activities to Boost Growth | Technavio

Retrieved on: 
Monday, April 27, 2020
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Petroleum industry, Companies, Industries, Petroleum production, Deepwater drilling, Transocean, Schlumberger, Halliburton, Deepwater, Offshore drilling, Drillship

Our deepwater and ultra-deepwater drilling market report covers the following areas:

Key Points: 
  • Our deepwater and ultra-deepwater drilling market report covers the following areas:
    This study identifies advances in offshore pressure control technologies as one of the prime reasons driving the deepwater and ultra-deepwater drilling market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the deepwater and ultra-deepwater drilling Market, including some of the vendors such as Diamond Offshore Drilling Inc., Ensco Rowan Plc, Halliburton Co., Saipem Spa, Schlumberger Ltd., and Transocean Ltd.
  • Backed with competitive intelligence and benchmarking, our research reports on the deepwater and ultra-deepwater drilling market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Global Deep Water Drilling Industry Analysis by Type, Depth and Region - 2020

Retrieved on: 
Friday, April 24, 2020
Petroleum production, Technology, Petroleum industry, Articles, Deepwater drilling, Transocean, Seadrill, Offshore drilling, Deepwater, Petroleum, Oil well, Drillship

DUBLIN, April 24, 2020 /PRNewswire/ -- The "Deep Water Drilling Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 24, 2020 /PRNewswire/ -- The "Deep Water Drilling Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
  • However, volatile crude oil prices, instability in the oil & gas industry, and higher challenges in developing deepwater prospects, are likely to affect the growth of the deepwater drilling market.
  • The deep water drilling market is moderately fragmented due to many companies operating in the industry.
  • The key players in this market include Transocean, Seadrill Limited, Noble Corporation, Pacific Drilling, Diamond Offshore Drilling, and others.

Pre & Post COVID-19 Market Estimates-Drillships Market 2019-2023 | Benefits of Drillships to Boost Growth | Technavio

Retrieved on: 
Thursday, April 23, 2020
Oil, Gas, Energy, Maritime, Transport, Other Energy, Offshore engineering, Drillship, Petroleum production, Articles, Companies, Offshore drilling, Samsung Heavy Industries, Construction, Transocean, Benchmarking, Market research

Our drillships market report covers the following areas:

Key Points: 
  • Our drillships market report covers the following areas:
    This study identifies rising production efficiency of oilfields using big data analytics as one of the prime reasons driving the drillships market growth during the next few years.
  • We provide a detailed analysis of vendors operating in the drillships market, including some of the vendors such as Diamond Offshore Drilling Inc., Ensco Rowan Plc, Noble Corp. Plc, Samsung Heavy Industries Co. Ltd., and Transocean Ltd.
  • Backed with competitive intelligence and benchmarking, our research reports on the drillships market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
  • Register for a free trial today and gain instant access to 17,000+ market research reports.

Valaris plc Provides Quarterly Fleet Status Report

Retrieved on: 
Wednesday, April 22, 2020
Technology, Petroleum production, Offshore engineering, Construction, Engineering, Drillship, Valaris plc, Offshore drilling, Oil platform, Oil well, Drilling rig

LONDON, April 22, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today issued a quarterly Fleet Status Report that provides the current status of the Company's fleet of offshore drilling rigs along with certain contract information for these assets.

Key Points: 
  • LONDON, April 22, 2020 /PRNewswire/ --Valaris plc (NYSE: VAL) ("Valaris" or the "Company") today issued a quarterly Fleet Status Report that provides the current status of the Company's fleet of offshore drilling rigs along with certain contract information for these assets.
  • The Fleet Status Report can be found on the "Investors" section of the Company's website www.valaris.com .
  • Valaris plc (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies.
  • Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin.

KNOT Offshore Partners LP Announces Extension of Charter of Torill Knutsen and Change to Board

Retrieved on: 
Monday, April 20, 2020
Maritime, Other Energy, Transport, Oil, Gas, Energy, Other Transport, Knutsen NYK Offshore Tankers, Forward-looking statement, Knot, Oil, Offshore drilling, Economy, Articles, Business

KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil.

Key Points: 
  • KNOT Offshore Partners LP owns, operates and acquires shuttle tankers under long-term charters in the offshore oil production regions of the North Sea and Brazil.
  • This press release contains certain forward-looking statements concerning future events and KNOT Offshore Partners operations, performance and financial condition.
  • New factors emerge from time to time, and it is not possible for KNOT Offshore Partners to predict all of these factors.
  • KNOT Offshore Partners does not intend to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in KNOT Offshore Partners expectations with respect thereto or any change in events, conditions or circumstances on which any such statement is based.

Author Sergio Mendes's new book "Qubit" follows Harlan Forster who awakes to find himself mysteriously years in the future

Retrieved on: 
Thursday, March 26, 2020
Petroleum production, Construction, Articles, Technology, Offshore engineering, Oil platform, Structural engineering, Offshore drilling

Harlan Forster was a manager at a company that maintained offshore oil platforms all over the world.

Key Points: 
  • Harlan Forster was a manager at a company that maintained offshore oil platforms all over the world.
  • During his last trip to an overseas job location he had been to many times before, something extraordinary took place during his overnight flight.
  • When he came to be, he found himself alone on what had been a full flight.
  • Published by Page Publishing, Sergio Mendes's engrossing book is an excellent choice for avid futuristic fantasy readers.

International Maritime Industries Completes the "Maintenance, Repair & Overhaul (MRO)" of the ARO-2003 (SAR201) With ARO Drilling

Retrieved on: 
Wednesday, March 25, 2020
Geography of Saudi Arabia, Dhahran, Geography of Asia, Persian Gulf, Ras Al-Khair, Saudi Aramco, Dammam, Offshore drilling, King Salman Global Maritime Industries Complex

DHAHRAN, Saudi Arabia, March 25, 2020 /PRNewswire/ -- International Maritime Industries (IMI) announced today the completion of the ARO-2003 (SAR201) MRO project with ARO Drilling (ARO); a world-class offshore drilling contractor that owns, operates and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia.

Key Points: 
  • DHAHRAN, Saudi Arabia, March 25, 2020 /PRNewswire/ -- International Maritime Industries (IMI) announced today the completion of the ARO-2003 (SAR201) MRO project with ARO Drilling (ARO); a world-class offshore drilling contractor that owns, operates and manages a fleet of high-specification and premium jack-up rigs in Saudi Arabia.
  • The ARO-2003 (SAR201) is a "Baker Marine" designed jack-up rig that is currently working for Saudi Aramco in the Arabian Gulf.
  • "This successful project completion further strengthens the business relationship between ARO Drilling, IMI and Dammam Shipyard as well as contributing to the development of a localized industry.
  • International Maritime Industries, located in The King Salman Complex for International Maritime Industries & Services at Ras Al-Khair, Saudi Arabia, will be the largest, fullservice maritime facility in MENA.

Teekay Offshore Announces Changes to its Board and Committees

Retrieved on: 
Thursday, March 19, 2020
Petroleum production, Petroleum industry, Teekay, Offshore engineering, Energy, Floating production storage and offloading, Offshore drilling, Teekay Petrojarl

PEMBROKE, Bermuda, March 19, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced the following changes to the Board of Directors of the Partnerships general partner, Teekay Offshore GP L.L.C.

Key Points: 
  • PEMBROKE, Bermuda, March 19, 2020 (GLOBE NEWSWIRE) -- Teekay Offshore Partners L.P. (Teekay Offshore or the Partnership) announced the following changes to the Board of Directors of the Partnerships general partner, Teekay Offshore GP L.L.C.
  • On behalf of the Board and leadership team, I want to welcome Nelson to the Board.
  • About Teekay Offshore Partners L.P.
    Teekay Offshore Partners L.P. is a leading international midstream services provider to the offshore oil production industry, primarily focused on the ownership and operation of critical infrastructure assets in offshore oil regions of the North Sea, Brazil and the East Coast of Canada.
  • Teekay Offshore has consolidated assets of approximately $5.2 billion, comprised of 56 offshore assets, including floating production, storage and offloading units, shuttle tankers (including six new buildings), floating storage and offtake units, long-distance towing and offshore installation vessels, and a unit for maintenance and safety.