The Amazon, completed in 2014, is equipped with 4,600 sq m (49,514 sq feet) of deck space with two 440-ton (400-tonne) cranes, a service speed of 12 knots and accommodation for up to 200 crew and service staff, a news release said.

Drillers added six oil rigs in the week to Feb. 17, bringing the total count up to 597, the most rigs since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said Feb. 17. During the same week a year ago, there were 413 active oil rigs.

Jacek Kacperski, ProSep sales manager for Europe, said the Eclipse mixer has been used before for hydrogen sulfide scavenging on the Norwegian Continental Shelf. 

The Geoholm vessel will be required to provide ROV and light construction support services to TechnipFMC in Australia for the Prelude FLNG water intake riser installation, a news release said.

Since crude prices first topped $50 a barrel in May after recovering from 13-year lows last February, drillers have added a total of 275 oil rigs in 33 of the past 37 weeks, the biggest recovery in rigs since a global oil glut crushed the market over two years starting in mid-2014.

The company said it was able to increase pricing on the spot market for most of its fleet.

Shell will start the program this year by removing the 24,200-tonne topside of the Brent Delta Platform, a process which was already approved two years ago following Delta's cessation of production in 2011, Reuters reported.

Halliburton said it collaborated with customers to design the Dash Large Bore, which can isolate the lower landing string in six seconds or less, disconnect from the lower landing string in ten seconds or less, and provide downhole data.

Diamond Offshore, drilling, oil, Barclays, analyst

The sector has benefited from OPEC’s production cut, analysts say, but declining demand remains.

Drillers added 17 oil rigs in the week to Feb. 3, bringing the total count up to 583, the most since October 2015, energy services firm Baker Hughes Inc. (NYSE: BHI) said on Feb. 3. During the same week a year ago, there were 467 active oil rigs.

Almost two-thirds of the rigs added since May were in the Permian Basin. Drillers this week added 10 rigs there, bringing the total up to 291, the highest since March 2015.

rig, count, Baker Hughes, oil, gas, Baker Institute

Experts from the Baker Institute’s Center for Energy Studies forecast that $60 WTI oil would be needed to revamp the U.S. shale sector.

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