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Solstad Offshore Lands Multiple Contracts Despite COVID-19

2020-05-04 15:08:55| OGI

Solstad Offshore ASA has entered into medium-term contracts on May 4 for six of its vessels for a period of 80 to 170 days each with undisclosed clients.

Tags: multiple contracts lands offshore

 

Social Distancing Offshore: COVID-19 Highlights Pandemic Risk for Oil Platforms

2020-05-01 00:00:00| OGI

Offshore oil and gas workers now have to contend with social distancing and personal protection in confined facilities that were never designed for pandemics. 

Tags: social risk oil highlights

 
 

Rig Cancelations, Market Conditions Bring Pain for Offshore Drillers

2020-04-30 17:43:48| OGI

Demand for rigs of all types is dwindling in several offshore oil and gas regions with contracts being canceled or suspended.

Tags: conditions market bring pain

 

BW Offshore Secures FPSO Contract Extension from Petrobras

2020-04-28 15:49:43| OGI

BW Offshore has received a notice from Petrobras on April 28 extending the lease and operation agreement of BW Cidade de So Vicente by 48 days.

Tags: contract extension offshore secures

 

Houston-based Diamond Offshore Drilling Files for Bankruptcy

2020-04-27 01:30:00| OGI

Diamond Offshore Drilling recently skipped making an interest payment and retained advisers to help it evaluate various alternatives with respect to its capital structure, according to an SEC filing on April 16.

Tags: files diamond bankruptcy offshore

 

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