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Month: March 2019

Vantage’s Topaz Driller grabs another contract in Gabon

March 15, 2019
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  Vantage Drilling International announces that it has entered into a contract with Vaalco for the Topaz Driller to drill in Gabon, commencing in direct continuation, after ENI, during Q3 2019. Ihab Toma, the CEO, commented, “We are very pleased to announce this contract with our newest customer, Vaalco for the Topaz Driller. We look forward to demonstrating to

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Borr inks up two newbuilds with Pemex

March 15, 2019
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Borr Drilling Limited is pleased to announce that one of its subsidiaries, in partnership with OPEX Perforadora S.A. de C.V., has received an official award from Petroleos Mexicanos (“PEMEXâ€) for the delivery of offshore wells in Mexico Under this award, Borr will deliver a total of 9 offshore development wells to our customer under an integrated services

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Bassoe: March Floater Report

March 14, 2019
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Another good month for floater fixtures with the highlights being Northern Drilling’s 650-day contract with Lundin in Norway for the West Bollsta and Transocean’s contracts with Petrobras for the Ocean Rig Corcovado and Mykonos. Dayrates are looking good: the West Bollsta has broken into the $300k level in Norway and an increase in drillship fixtures could push up

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Caspian Drilling reactivates the Dada Gorgud for Equinor

March 14, 2019
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  On March 13 contract signature ceremony for the drilling services between Caspian Drilling Company Ltd. (CDC) and Norwegian Equinor Azerbaijan Karabakh BV (Equinor) took place. From CDC side the contract signed by its General Director Farid Akhundov and from Equinor by Country Manager Favad Guraishi. With accordance to the contract terms CDC shall drill for Equinor two wells on

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Rowan grabs a job for the EXL II from Repsol in Guyana

March 14, 2019
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Rowan Companies plc announced today that Repsol Exploration Guyana, S.A. has signed a contract for the EXL II, a high-specification Super 116E Jack-up rig, for work in Guyana. The contract is for one well beginning in the third quarter of 2019 with a duration of approximately 45 days. The EXL II is currently under contract with BP

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U.S. GOM on “life support†stresses HESS CEO

March 13, 2019
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Long-cycle oil production remains on “life support,†while shale output’s future climb will likely be more moderate than many analysts expect, John Hess, CEO of Hess Corporation, said. “Shale is not the next Saudi Arabia,†Hess said during a Center for Strategic and International Studies event. Hess said the resource base of shale is not as strong as that

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Cairn CEO announces contract for the Stena Don

March 13, 2019
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Yesterday Cairn Energy held a press conference to speak about the full results from 2018 and had some additional things to add in about 2019 for their operations progress: “Our wells and supply chain team have also been busy during 2018 to position us as a company to execute our 2019 exploration program. We believe that we can

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Seadrill affiliated AOD bags 3 year jackup contract extension

March 12, 2019
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  Mermaid Maritime Public Company Limited (“Mermaid†or “Companyâ€) is pleased to announce that its associate Asia Offshore Drilling Limited (“AODâ€) has secured a three (3) year contract extension for the jack-up drilling rig ‘AOD I’ serving a reputable client in the Middle East until June 2022. This extension shall be in direct continuation to the current contract

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