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Month: November 2019

Maersk Drilling signs on the Developer for a two-well contract in Trinidad

November 14, 2019
| Archives

Maersk Drilling has entered a contract with BG International Ltd., a subsidiary of Shell, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Mærsk Developer. The contract has an estimated duration of 171 days and is expected to commence in Q1 2020. The value of the firm contract is approximately USD 39m,

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Popular News – Top 5 from this past week!

November 11, 2019
| Weekly Rundown

We had 4k page views this past week and the top 5 grabbed up 1.7k of them, below are our top 5 articles for the week of Nov 4 – Nov 10! #1 with 395 views Borr adds $151m to backlog with new contracts #2 with 382 views Island Drilling signs deal with Capricorn Norge #3 with 382 views Pacific Drilling

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Sembcorp delivers the Helix Q7000 Semi-Submersible

November 11, 2019
| Archives

Sembcorp Marine delivered the Q7000 well intervention semi-submersible rig to Helix Energy Solutions Group, Inc., following a fruitful collaboration between the two companies to complete the project amid challenging market conditions. Measuring 93.6m in length and 61.1m in breadth, the Q7000 was jointly designed by Sembcorp Marine and Helix. The vessel can perform a wide range of production

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Maersk Drilling awarded one-well deal for the Interceptor

November 11, 2019
| Archives

Maersk Drilling has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge for exploration drilling on PL617 in the Southern North Sea, operated by MOL Norge in partnership with Wintershall Dea and OMV Norge. The estimated contract value is USD 16.5m. The contract is expected to commence in August 2020, with an

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International Rig Count up by 13 rigs from October 2018

November 11, 2019
| International Rig Count

Baker Hughes issued their international rig count data, here is the break down: The international rig count for October was 1,130, down 1 from the 1,131 counted in September and up 113 from the 1017 counted in October 2018. Latin America stayed flat with no change from September’s count of 189 units and is down 4 units year-over-year. The Asia-Pacific

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Seadrill announces a 2 year contract for the West Tellus

November 9, 2019
| Archives

Seadrill Limited has secured a two year contract with Petrobras for the West Tellus in Brazil.  Total contract value is expected to be approximately $170 million, inclusive of managed pressure drilling and ancillary services, with commencement expected in 4Q 2019, in direct continuation of its current contract with Petrobras. Source: Seadrill Check out our other current stories! Velesto grabs

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Velesto grabs three-year contract from Carigali Hess for the Naga 8

November 9, 2019
| Archives

Velesto Energy announced today that it has received a Letter of Award from Carigali Hess Operating Company for a three-year contract in Malaysia. The contract includes three six-month options. The estimated contract value for the firm period is $131 million, and the contract is expected to commence in the second half of 2020. Source: Valesto Check out our

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Maersk Drilling secures one-well extension for the Integrator

November 9, 2019
| Archives

Maersk Drilling has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP. In continuation of the rig’s current workscope for Aker BP, the Maersk Integrator will drill a well at the Tambar field in the Southern North Sea. The extension is expected to commence in September 2020, with an expected

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Island Drilling signs deal with Capricorn Norge

November 9, 2019
| Archives

Island Drilling Company AS is pleased to announce that the company has signed a Contract with Capricorn Norge AS the 31th of October, to drill one well on Duncan prospect — Block 35/8 in the North Sea and two optional wells Drilling is scheduled to commence in H1 2020. Island Drilling Management will be responsible for the operation

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