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Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments.
North Atlantic Drilling , an offshore drilling contractor specializing in drilling wells in the harsh environments of the North Sea, Norwegian Continental Shelf, and Arctic, announced its fourth ...
The restructuring of Songa Offshore SE was elected by Marine Money Conference to be the offshore restructuring deal of the year 2013, world wide. The company changed the strategy in 2013 to focus on the harsh environment North Atlantic mid-water market and sold the South East Asia rigs, Songa Mercur and Songa Venus, to Opus Offshore in July 2014.
Offshore drilling for oil and gas on the Atlantic coast of the United States took place from 1947 to the early 1980s. Oil companies drilled five wells in Atlantic Florida state waters and 51 exploratory wells on federal leases on the outer continental shelf of the Atlantic coast. None of the wells were completed as producing wells.
Britain on Wednesday gave the go-ahead for a major oil and gas project in the North Sea, ignoring warnings from scientists and the United Nations that countries must stop developing new fossil ...
Liz Truss has been warned that exploring new drilling sites for oil and gas in the North Sea would not help with current energy bills, following reports she plans new licences as one of her first ...
An oil platform in Mittelplate, Wadden Sea. North Sea oil is a mixture of hydrocarbons, comprising liquid petroleum and natural gas, produced from petroleum reservoirs beneath the North Sea . In the petroleum industry, the term "North Sea" often includes areas such as the Norwegian Sea and the area known as "West of Shetland", "the Atlantic ...
As fellow Fool Rich Smith says, sometimes we really need to "poke fun at Wall Street analysts and their endless cycle of upgrades and downgrades." As Rich pointed out, SeaDrill (NYS: SDRL) -- one ...