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Month: October 2018

Turkish President warns not to “overstep the mark†in disputed waters as Cyprus invites oil majors back | OutPut by Rig Lynx

October 4, 2018
| Archives

“Turkish President warns not to “overstep the mark†in disputed waters as Cyprus invites oil majors back†Click To Tweet Cyprus decided Wednesday to invite energy giants Total, Eni and ExxonMobil to bid for a license to explore for oil and gas in a new offshore block, officials said. The cabinet agreed to allow firms already licensed to exploit oil

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38 offshore blocks in Argentina opening up with hopes of Guyana excitement | OutPut by Rig Lynx

October 4, 2018
| Archives

    “38 offshore blocks in Argentina opening up with hopes of Guyana excitement†Click To Tweet   BUENOS AIRES, – Argentina on Tuesday put on offers for 38 offshore blocks, most of them on its continental slope, international media reported. “There is a lot of interest,†said Javier Iguacel, the country’s energy secretary The geology on the slope is similar to that offshore Guyana,

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Rowan Norway going back to work | OutPut by Rig Lynx

October 4, 2018
| Archives

    “Rowan Norway going back to work†Click To Tweet   Rowan Companies said Rowan Norway, an N-Class ultra-harsh environment jack-up rig, has been awarded a two-well contract in the Mediterranean Sea by Turkish Petroleum with an estimated duration of 100-140 days. The contract is expected to commence in late 2018. The Rowan Norway is currently warm-stacked in the United Kingdom sector

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120 years ago, this inexpensive gasoline consumer rolled off the assembly line | OutPut by Rig Lynx

October 4, 2018
| Archives

    “120 years ago, this inexpensive gasoline consumer rolled off the assembly line†Click To Tweet   October 1, 1908 – Ford produces First Model T Model T tires were white until 1910, when the petroleum product carbon black was added to improve durability. The first production Model T Ford rolled off the assembly line at the company’s plant in Detroit. Between 1908

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One hostile bid, two Canadian companies | OutPut by Rig Lynx

October 3, 2018
| Archives

    “One hostile bid, two Canadian companies†OutPut by Rig Lynx Click To Tweet   Husky Energy Inc. made a C$3.3 billion ($2.6 billion) hostile bid for MEG Energy Corp., setting up a battle between the Canadian oil company linked to Hong Kong billionaire Li Ka-shing’s family and Chinese energy giant Cnooc Ltd., a major investor in the targeted oil-sands producer. Husky

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Semi-Submersible Stena Clyde Retired | OutPut by Rig Lynx

October 3, 2018
| Archives

    “Semi-Submersible Stena Clyde Retired†OutPut by Rig Lynx Click To Tweet   UK offshore driller Stena Drilling has decided to remove the Stena Clyde semi-submersible drilling rig from active service and retire the rig from its fleet. The driller said on Monday that the rig had been warm stacked in Australia for the past three years and is presently in Singapore. The

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Borr reactivates 4 jackups on market speculation | OutPut by Rig Lynx

October 3, 2018
| Archives

“Borr reactivates 4 jackups on market speculation†Click To Tweet The driller on Wednesday said the move to reactivate four additional jack-ups was made based on recent contracts secured and a rise in customer inquiries- Borr Drilling said: “Supported by the strong increase in direct customer requests and the material increase in tender activity of approximately 50% year to date,

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OutPut’s Top 5 for September

October 3, 2018
| Monthly Rundown

    OutPut’s Top 5 for September Click To Tweet   We would like to start off by saying thank you to everyone that reads our articles and material, without you we would not be able share some of the awesome thing happening in the world of oil and gas these days, we know there are thousands of news outlets but you

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