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Month: August 2019

Popular News – Top 5 from this past week!

August 19, 2019
| Weekly Rundown

We had 5k page views this week and the top 5 grabbed up 1.6k of them, below are our top 5 articles for the week of Aug 12 – Aug 18! #1 with 612 views Three burned in rig accident south of Kirbyville, Texas #2 with 542 views Seadrill and Gulf Drilling International in joint venture “GulfDrill†#3 with 321 views Pacific Drilling

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Island Drilling lands work for the Innovator

August 16, 2019
| Archives

Island Drilling Company AS announced that the company has received an LOI from Capricorn Norge AS, to drill one well on Duncan prospect – Block 35/8 in the North Sea and two optional wells. Drilling is scheduled to commence in Q2 2020. Island Drilling Management will be responsible for the operation of the Island Innovator.  Island Drilling Company

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Maersk gets an extension for the Voyager

August 16, 2019
| Archives

Announced on thier LinkedIn page today: Extended! Our drillship Maersk Voyager has been signed by Kosmos Energy to drill the S-5 exploration well offshore Equatorial Guinea. The contract has been novated to Kosmos from Noble Energy after a one-well option was exercised on the rig’s current contract. Work is expected to commence in September this year. Source: Maersk Check

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Seadrill and Gulf Drilling International in joint venture “GulfDrillâ€

August 15, 2019
| Archives

Seadrill Limited refers to the announcements made on May 1, 2019 in connection with the award of  drilling contracts by Qatar Petroleum to Gulf Drilling International (“GDIâ€). Seadrill and GDI have entered into a 50:50 joint venture, GulfDrill, which will initially manage and operate five premium jackups in Qatar with Qatar Petroleum commencing throughout 2020. The five firm well

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Vantage Drilling ahead on Q2 earnings with recent payments from Petrobras

August 14, 2019
| Archives

Vantage Drilling International reported net income attributable to controlling interest of approximately $590.7 million or $116.96 per share for the three months ended June 30, 2019 compared to a net loss attributable to controlling interest of $31.1 million or $6.22 per share for the three months ended June 30, 2018. The net income stems from the recent payments

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Pacific Drilling issues fleet status update

August 14, 2019
| Archives

Pacific Drilling announced that its report of drilling vessel status and contract information has been updated as of August 13, 2019. One of the largest things to note is that the Pacific Khamsin’s 2nd option has been picked up by Total in the GOM, estimated start date of March 2020 for a dayrate of 252k, this includes a

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Popular News – Top 5 from this past week!

August 12, 2019
| Weekly Rundown

We had over 4k page views this week and the top 5 grabbed up 1.3k of them, below are our top 5 articles for the week of Aug 5 – Aug 11! #1 with 352 views Borr Drilling awarded another contract in Mexico #2 with 319 views Top 5 stories for the month of July #3 with 274 views Occidental Completes

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Reliance teams up with Microsoft to roll out broadband in India

August 12, 2019
| Archives

Reliance Industries unveiled plans to launch high-speed internet services in India, a tie-up with Microsoft and a stake sale in its oil business to Saudi Aramco, underscoring billionaire Chairman Mukesh Ambani’s ambitions for the group. The big tech push comes as the group bolsters its consumer-focused retail and telecoms units to match the strength of its key oil-and-gas

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Three burned in rig accident south of Kirbyville, Texas

August 12, 2019
| Archives

Four people have been injured in an explosion at oil rig in Jasper County this past Friday morning. Two people were flown by helicopter from the scene of the explosion, Jasper County Sheriff Mitchell Newman said.  Another person was taken by ambulance to Silsbee where they were then flown to a hospital by helicopter, he said. A fourth person

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