Largest gas field, Maersk North Sea Culzean Field Approved, 400 Jobs Created

UK Oil & Gas Authority has approved the development of what has been described as the largest new gas field discovered in the UK North Sea, the Culzean. The field, operated by Maersk Oil is expected to produce enough gas to meet 5% of total UK demand at peak production in 2020/21. Culzean is also …

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Rig Manager who Stole $3.5M from Maersk Drilling Jailed for 4 years

 Rig Manager who Stole $3.5M from Maersk Drilling Jailed for 4 years Maersk Drilling, a Danish offshore drilling contractor, has won the case against its former employee of Russian origin. Namely, the employee, named Vladimir Volkov, according to Danish media, has been sentenced to four years in prison for defrauding the company. The 30-year-old, living …

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Singapore’s Keppel Acquires Cameron’s offshore Rig Business

Singapore’s Keppel Offshore & Marine (Keppel O&M) will acquire Cameron’s offshore rigs business, which comprises the LETOURNEAU TM jack-up rig designs, rig kit business, and aftermarket services for $100 million. The designs Keppel is acquiring, which include theLETOURNEAU™ Super 116E, WORKHORSE, Super Gorilla XL and Jaguar, will add to Keppel’s offerings in the jack-up rig market, …

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