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Month: April 2019

EnscoRowan fleet status update packed with new contracts

April 30, 2019
| Archives

Fresh off their new merger, EnscoRowan fleet update status holds 3 new contract awards for their floaters and 5 new contract awards for their jackups, details below for each: Floaters ENSCO DS-9 awarded a four-well contract with Total offshore Brazil that is expected to commence in June 2019 ENSCO DS-7 awarded a 180-day contract with Burullus Gas Company

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Diamond grabs up work for their 6th Gens BlackRhino and BlackHawk with Woodside

April 29, 2019
| Archives

According to its latest fleet status report, Diamond Offshore has secured a well-based contract for its Ocean BlackHawk drillship with Woodside in Senegal. The contract also includes options. It is scheduled to start in 1Q 2022 and end in 1Q 2023. Diamond has also secured a well-based contract plus options from Woodside for its Ocean BlackRhino drillship. Under this deal, the rig

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Saudi Taqa has purchased Schlumberger’s Middle Eastern drilling rig business for $1.2 billion

April 29, 2019
| Archives

A Saudi Arabian oilfield services company backed by the country’s sovereign wealth fund kicked off a planned $1.2 billion in acquisitions by buying Texas-based Schlumberger Ltd.’s Middle Eastern drilling-rig business. Saudi Arabia’s Industrialization & Energy Services Co., known as Taqa, targets two deals in North America this year to improve its technological and manufacturing capabilities, CEO Azzam Shalabi

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Anadarko Leaning Toward $38 Billion Occidental Bid Over Chevron

April 29, 2019
| Archives

Anadarko Petroleum Corp. is “preparing to endorse†Occidental Petroleum Corp.’s $38 billion takeover offer, the Financial Times reported, a move that threatens to scupper a previously agreed deal with Chevron Corp. Anadarko’s board of directors determined that the cash and stock offer from Occidental is superior to Chevron’s, according to the FT report, which cited people it didn’t identify.

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US -21 and Canada -3 for this weeks rig count

April 27, 2019
| Weekly Rig Count

Baker Hughes, a GE company has posted Weekly Rig Count reports.Baker Hughes Rig Count: U.S. -21 to 991, Canada -3 at 63 Baker Hughes Rig Count: U.S. -21 to 991 rigs U.S. Rig Count is down 21 rigs from last week to 991, with oil rigs down 20 to 805, gas rigs down 1 to 186, and miscellaneous rigs

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Freshly merged EnscoRowan takes their first new build, the Ensco 123

April 26, 2019
| Archives

Keppel Offshore & Marine Ltd’s (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS) has delivered ENSCO 123 to Ensco Rowan plc (EnscoRowan) on schedule and with zero lost-time incidents. Built to an enhanced version of Keppel’s state-of-the-art KFELS Super A Class design, the harsh environment jackup rig has been chartered for operations in the UK North

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Occidental makes an offer for Anadarko

April 24, 2019
| Archives

Occidental Petroleum Corp. has offered to buy Anadarko Petroleum Corp. for $76.00 per share in a 50-50 cash and stock transaction valued at $57 billion. Under the proposal, Anadarko shareholders would receive $38.00 in cash and 0.6094 shares of Occidental common stock for each share of Anadarko common stock. Occidental’s proposal represents a premium of approximately 20% to

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Petronas brings on 4 more jackups

April 24, 2019
| Archives

Velesto Energy (“Velesto†and “Companyâ€), formerly known as UMW Oil & Gas, awarded contracts for the provision of four jack-up drilling rigs by Petronas Carigali. Company said on Monday that, NAGA 2, NAGA 3, NAGA 5, and NAGA 6 are contracted for Petronas Carigali’s drilling campaign, for the duration of one year with an option of additional one

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