drilling

Maersk Drilling invests in carbon-negative energy

Maersk Drilling has entered an agreement to invest USD 1 million in the California-based company Clean Energy Systems to help develop a new technology called Carbon-Negative Energy, aiming to pave the way for carbon-neutral drilling.

US offshore operator files for bankruptcy amid COVID-19

Amid COVID-19 crisis and the negative impacts that has brought, Diamond Offshore Drilling Inc. filed for bankruptcy following the unprecedented crash in crude prices that’s affecting demand for oil exploration at sea, as Bloomberg reported.

[test] US offshore operator files for bankruptcy amid COVID-19

Amid COVID-19 crisis and the negative impacts that has brought, Diamond Offshore Drilling Inc. filed for bankruptcy following the unprecedented crash in crude prices that’s affecting demand for oil exploration at sea, as Bloomberg reported.

US offshore operator files for bankruptcy amid COVID-19

Amid COVID-19 crisis and the negative impacts that has brought, Diamond Offshore Drilling Inc. filed for bankruptcy following the unprecedented crash in crude prices that’s affecting demand for oil exploration at sea, as Bloomberg reported.

JPMorgan Chase further commits to support clean energy transition

Following its two sustainability commitments in 2017, New York-based bank JPMorgan Chase announced additional steps to address climate change and further promote sustainable development. Among others, the bank committed to stop financing coal-fired power plants or oil and gas exploration projects in the Arctic.

Norway to limit Arctic oil drilling

Reuters reports that Norway may restrict oil firms’ access to offshore resources in the Arctic by moving the so-called ice edge, a line that sets a legal limit on the extent to which companies can go north in search of oil.

US weekly offshore rig count up to 21 units

According to the weekly rig count for the U.S. and Canadian drilling activity issued by Baker Hughes on Friday, January 24, the amount of offshore rigs in the U.S increased by one unit in comparison to the previous week. 

maritime events