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Cargo ship carrying broken glass refloated at Margate

A cargo vessel was refloated after it dragged anchor and ran aground off the Kent coast, the UK, on October 8, the country’s Maritime and Coastguard Agency (MCA) informed. The incident occurred near Margate Harbour between 30 and 50 meters f...

09/10/2017 Read

Borr Drilling to splash out $1.3 billion on nine jack-up rigs

Offshore driller Borr Drilling Limited has signed a master agreement for the acquisition of nine premium jack-up rigs from Sembcorp Marine’s PPL Shipyard. Borr Drilling said last Friday that the acquisition would increase the company’s...

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U.S. weekly rig count stays flat. Down from 2016

The number of offshore rigs operating in the U.S. is down by four units last week, according to a report by Baker Hughes, a GE company. Baker Hughes Rig Count: U.S. -4 to 936 rigs U.S. Rig Count is down 4 rigs from last week to 936, with oil...

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12 Missing after tanker collides with fishing vessel

A Hong Kong-flagged tanker identified as Brightoil Lucky has been involved in a collision earlier today with a Chinese fishing vessel Lurong Yuanyu 378 off Oki Islands in the Sea of Japan, Agence France-Presse reports citing the Japanese Co...

06/10/2017 Read

Gulf of Mexico operators begin shut-ins ahead of tropical storm Nate

Ernest Scheyder and Marianna Parraga HOUSTON, Oct 5 (Reuters) – Oil and natural gas operators began evacuating staff and halting production at U.S. Gulf of Mexico platforms on Thursday ahead of Tropical Storm Nate, the second storm in as m...

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