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Month: July 2020

Exxon restarts drilling in Guyana

July 13, 2020
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Two of Exxon’s four drillships went back to work, according to data published Friday by Baker Hughes Co. The company later confirmed that the Stena Carron and Noble Tom Madden vessels returned to full operations last month. The rigs had been shut when the country of less than a million closed its borders after the pandemic hit

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Weatherford Signs Four-Year Contract with Eni

July 11, 2020
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Weatherford International plc announced it has been awarded an exclusive four-year contract with Eni S.p.A. The contract will provide a minimum of 30 Non-Umbilical Downhole Deployment Valves (NU-DDV™) that will be deployed in Eni’s critical wells, improving their operational safety and reservoir performance. “This award is the result of two years of R&D collaboration with Eni to launch

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Noble issues fleet status update

July 11, 2020
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Noble issued their fleet status update on July 9th, here are the highlights: Qatar Noble Mick O’Brien – Late August 2020 to Mid November 2020 Saudi Arabia Noble Scott Marks – On standby from May 2020 to May 2021. Contract extended to July 2023. United Kingdom Noble Sam Hartley – Mid August 2020 to Mid December 2020. Noble Sam Turner – One well

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Update – Most Active User Contest Week 28

July 9, 2020
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Here is a quick update for our "Top 10" users for this weeks contest! India is currently in the lead! Manash Chetia / Electtrician / India Nilutpal Borah / 1st Engineer / India Derek Hakon / Project Engineer / United States Marvelous Olaoluwas / Welder / Nigeria Priyesh Prasannan / Roustabout / India Rahadilan Purwantoro / Derrickhand / Indonesia Adrian Olivia / Owner / South Africa Steeven Letembet / Radio Operator / Gabon Dirk Severijnse /

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Mexico’s Pemex, Talos Energy told to seek deal on shared oil find

July 9, 2020
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Mexico’s state oil company Pemex and a private consortium led by U.S.-based Talos Energy Inc have been instructed to come to an agreement detailing how they will jointly develop a large offshore oil find, the energy ministry said on Wednesday. The formal instruction from the energy ministry, dated July 7 but announced in a statement on Wednesday, follows

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Total secures $15.8 billion in funding for Mozambique gas project

July 9, 2020
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French oil major Total has secured $15.8 billion in funding for its massive liquefied natural gas (LNG) project in northern Mozambique, according to South African lender FirstRand’s local unit, FNB Mozambique. In a press release published on Wednesday, FNB Mozambique said the financing contracts for Total’s blockbuster development had been signed on Friday. While this was widely reported

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Energy industry veterans to launch hydrogen investment fund

July 9, 2020
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Two energy industry veterans plan to launch an investment fund focused on hydrogen this year as more and more governments include the niche fuel in their global warming battle plans. Hydrogen has long-been touted as a potential clean fuel as it only emits water vapour but it has failed to gain traction, mainly because of historically high production,

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Petrobras to open tender for Brazil’s biggest ever platform

July 8, 2020
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Petrobras is preparing to launch a tender to build Brazil’s largest-ever oil platform, according to two people with knowledge of the matter, as the state-controlled oil firm pushes ahead with ambitious plans to boost deepwater production. Petroleo Brasileiro SA, as the Rio de Janeiro-based producer is formally known, plans to launch the leasing tender for the floating platform,

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20% of shut-in Canadian production is being restored

July 8, 2020
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At least 20% of shut-in Canadian production is being restored, just months after the price crash forced producers in Alberta’s oil sands to slash up to 1 million barrels a day of output. Cenovus Energy Inc., Husky Energy Inc. and Baytex Energy Corp. are among companies that have resumed shut-in production as prices rise above $40 a barrel.

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