Oil & Gas News

Jackup Market Shows Resilience Despite Saudi Aramco’s Rig Releases!

Offshore Drilling and Production Equipment

Despite Saudi Aramco releasing a number of jackup rigs, the international jackup market remains robust. According to Evercore ISI’s latest Offshore Oracle report, the release of around 22 rigs so far this year has raised questions about the future of the Middle East jackup market, a region historically known for absorbing global assets. Saudi Aramco’s…

Introduction to OTS Offshore & Trading Service Company

OTS Offshore Team

OTS Offshore & Trading Service: A Leader in Offshore Solutions Established in 2016, OTS Offshore & Trading Service has quickly emerged as a reputable and trusted partner in the global oil and gas industry. Specializing in a comprehensive range of offshore solutions, OTS Offshore stands out for its commitment to quality, safety, and operational excellence….

Irish Sea Codling wind project enters planning application phase

OTS Offshore - Irish Sea Codling wind project enters planning application phase

The Codling Wind Park joint venture partners will submit a planning application shortly to Ireland’s An Bord Pleanála.

Talos Energy CEO Tim Duncan steps down

Timothy Duncan

Talos Energy has announced that Tim Duncan has stepped down from his role as president and CEO, effective Aug. 29, and an interim CEO has been selected.

ONS 2024: Vard to construct second hybrid-powered vessel for Island Offshore

OTS Offshore - Vard to construct second hybrid-powered vessel for Island Offshore

Island Offshore has contracted Fincantieri’s Norwegian subsidiary Vard to design and build a second hybrid-powered ocean energy construction vessel.

GoM Who Dat partners approve third exploration well

OTS Offshore - GoM Who Dat partners approve third exploration well

Karoon Energy has provided an operations update for the Who Dat project in the Gulf of Mexico (GoM) as well as projects offshore Brazil.

Shell, Akselos sign enterprise agreement for asset monitoring software

OTS Offshore - Shell, Akselos sign enterprise agreement for asset monitoring software

Shell will leverage Akselos’ SPM software to monitor the structural health of critical assets.

ONS 2024: Mintra, PaleBlue partner on oil and gas gamification training courses

[OTS Offshore] - Mintra, PaleBlue partner on oil and gas gamification training courses

This collaboration enables more than 2 million of Mintra’s system users to experience gamification to enhance engagement and reinforce knowledge retention.

Report: Jackup market remains resilient, despite Saudi Aramco’s rig releases

[OTS Offshore] - Jackup market remains resilient, despite Saudi Aramco’s rig releases

Jackups released from the Saudi work program have been picked up in other high-spec markets, says Evercore ISI.

ONS 2024: Aker BP uses DrillDocs real-time rig surveillance technology

[OTS OFfshore] - Aker BP uses DrillDocs real-time rig surveillance technology-2

DrillDocs has delivered real-time drilled cuttings size distribution data from the Norwegian Continental Shelf to Aker BP.