Offshore drilling

Transocean Ltd. Announces World’s First Hybrid Floating Drilling Unit   

Retrieved on: 
Wednesday, October 2, 2019

STEINHAUSEN, Switzerland, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Transocean Ltd.(NYSE: RIG) announced today that it has successfully deployed the worlds first hybrid energy storage system aboard a floating drilling unit.

Key Points: 
  • STEINHAUSEN, Switzerland, Oct. 02, 2019 (GLOBE NEWSWIRE) -- Transocean Ltd.(NYSE: RIG) announced today that it has successfully deployed the worlds first hybrid energy storage system aboard a floating drilling unit.
  • The system is now operational on the Transocean Spitsbergen, engaged in drilling operations at the Snorre field in Norway.
  • Transoceans investment is funded in part through fuel saving incentives in its contract with Equinor and by the Norwegian NOx Fund.
  • The company specializes in technically demanding sectors of the global offshore drilling business with a particular focus on deepwater and harsh environment drilling services, and believes that it operates the highest specification floating offshore drilling fleet in the world.

What are the Major Challenges Impacting the Oil and Gas Category in the US? Read SpendEdge’s Latest Blog for Detailed Insights

Retrieved on: 
Thursday, September 5, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20190905005643/en/
    The oil and gas category in the US is flourishing due to the discovery of international offshore oil fields.
  • Wondering how you can identify new market opportunities while addressing market complexities in the oil and gas category?
  • Therefore, we have highlighted the key challenges faced by companies in the oil and gas category.
  • To know more about the procurement challenges in the oil and gas industry, Request more information from our experts now!

Valaris to Present at the Barclays CEO Energy-Power Conference

Retrieved on: 
Wednesday, August 28, 2019

Valaris plc (NYSE: VAL) (Valaris or the Company) announced today that President and Chief Executive Officer Tom Burke will present at the Barclays CEO Energy-Power Conference in New York City on Wednesday, September 4, 2019, beginning at 10:25 AM EDT.

Key Points: 
  • Valaris plc (NYSE: VAL) (Valaris or the Company) announced today that President and Chief Executive Officer Tom Burke will present at the Barclays CEO Energy-Power Conference in New York City on Wednesday, September 4, 2019, beginning at 10:25 AM EDT.
  • Investor materials to be used during the conference will be available on Valaris website at www.valaris.com the morning of the event.
  • A live webcast will be available at the time of the presentation in the "Investors - Events & Presentations" 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.

Global offshore oil and gas seismic equipment and acquisitions solutions market stood at around $ 660 million in 2028 and is forecast to grow at a CAGR of 5% to cross $ 890 million by 2024

Retrieved on: 
Tuesday, August 27, 2019

To forecast global offshore oil and gas seismic equipment and acquisitions solutions market based on type, dimension, service type and regional distribution.

Key Points: 
  • To forecast global offshore oil and gas seismic equipment and acquisitions solutions market based on type, dimension, service type and regional distribution.
  • To identify drivers and challenges for global offshore oil and gas seismic equipment and acquisitions solutions market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global offshore oil and gas seismic equipment and acquisitions solutions market.
  • To conduct the pricing analysis for global offshore oil and gas seismic equipment and acquisitions solutions market.

Visiongain Publishes Global Offshore Pipeline Market 2019-2029 Report

Retrieved on: 
Tuesday, August 27, 2019

These methods are basically used to extract natural resources like oil and gas or other refined products from the earth.

Key Points: 
  • These methods are basically used to extract natural resources like oil and gas or other refined products from the earth.
  • However Offshore drilling can be difficult as compared to Onshore drilling which is making wells on the land, but now the offshore drilling has become easier as innovative methods are introduced in the market.
  • In December 2018, BHGE and McDermott emerged for the Equus Gas Project in Australia as development partners.
  • This collaboration will provide an integrated solution to develop the entire field covering, subsea, drilling, production facilities, export pipeline, and an LNG facility.

Visiongain Publishes Global Offshore Pipeline Market 2019-2029 Report

Retrieved on: 
Tuesday, August 27, 2019

These methods are basically used to extract natural resources like oil and gas or other refined products from the earth.

Key Points: 
  • These methods are basically used to extract natural resources like oil and gas or other refined products from the earth.
  • However Offshore drilling can be difficult as compared to Onshore drilling which is making wells on the land, but now the offshore drilling has become easier as innovative methods are introduced in the market.
  • In December 2018, BHGE and McDermott emerged for the Equus Gas Project in Australia as development partners.
  • This collaboration will provide an integrated solution to develop the entire field covering, subsea, drilling, production facilities, export pipeline, and an LNG facility.

Global Mobile Offshore Drilling Unit (MODU) Market Outlook 2019-2023 - ResearchAndMarkets.com

Retrieved on: 
Monday, August 26, 2019

The "Mobile Offshore Drilling Unit (MODU) Market by Type and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mobile Offshore Drilling Unit (MODU) Market by Type and Geography - Global Forecast and Analysis 2019-2023" report has been added to ResearchAndMarkets.com's offering.
  • This will lead to the expansion of the global mobile offshore drilling unit (MODU) market at a CAGR of almost 9% during the forecast period.
  • The mobile offshore drilling unit (MODU) market analysis considers sales from drillship, jack-up, and semi-submersible.
  • With the presence of several major players, the global mobile offshore drilling unit (MODU)market is fragmented.

Global Mobile Offshore Drilling Unit (MODU) Market 2019-2023| 8% CAGR Projection Over the Next Five Years| Technavio

Retrieved on: 
Tuesday, August 20, 2019
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20190820005347/en/
    Technavio has announced its latest market research report titled global mobile offshore drilling unit (MODU) market 2019-2023.
  • (Graphic: Business Wire)
    The growth of the global mobile offshore drilling unit market size can be attributed to the rising demand for oil and gas across the globe.
  • Global Mobile Offshore Drilling Unit (MODU) Market: Technical Advances in MODUs
    The MODU market is witnessing several technical advances, which cater to the drilling challenges, regulations, and oil and gas project economics.
  • Global Mobile Offshore Drilling Unit (MODU) Market: Segmentation Analysis
    This market research report segments the global mobile offshore drilling unit market by type (drillship, jack-up, and semi-submersible) and geographical regions (MEA, South America, APAC, North America, and Europe).

Offshore Drilling Market, 2025 - Market is Projected to Grow by US$52.3 Billion

Retrieved on: 
Thursday, August 8, 2019

DUBLIN, Aug. 8, 2019 /PRNewswire/ -- The "Offshore Drilling - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 8, 2019 /PRNewswire/ -- The "Offshore Drilling - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
  • Offshore Drilling market worldwide is projected to grow by US$52.3 Billion, guided by a compounded growth of 7.7%
    Staying on top of trends is essential for decision makers to leverage this emerging opportunity.
  • The report addresses this very need and provides the latest scoop on all major market segments.
  • Over US$6.4 Billion worth of projected demand in the region will come from other emerging Eastern European markets.

Diamond Offshore Announces Second Quarter 2019 Results

Retrieved on: 
Monday, August 5, 2019

Diamond Offshore recently announced the launch of its Stack-ViewTM service, which allows the Company to shift to predictive maintenance from time-based maintenance by utilizing 24/7 real-time monitoring, data visualization, and advanced analytics.

Key Points: 
  • Diamond Offshore recently announced the launch of its Stack-ViewTM service, which allows the Company to shift to predictive maintenance from time-based maintenance by utilizing 24/7 real-time monitoring, data visualization, and advanced analytics.
  • "This is yet another example of Diamond continually working to improve offshore drilling economics by reducing the total cost of the well," said Edwards.
  • A conference call to discuss Diamond Offshore's earnings results has been scheduled for 8:00 a.m. CDT today.
  • Diamond Offshore is a leader in offshore drilling, providing innovation, thought leadership and contract drilling services to solve complex deepwater challenges around the globe.