+1(833) 396-4204 info@riglynx.com
Menu

Month: September 2020

Sonatrach Signs Six Pipeline Contracts

September 11, 2020
| Archives

Algeria’s Sonatrach has signed contracts – valued just shy of $520 million – with six domestic companies for the construction of pipelines and related infrastructure within the country. Spanning a total length of over 700km, the pipelines will be constructed from the southwest, and are set to transport 11 million cubic meters per day by 2022. Contracted companies include

Read More...

Comment Your Career Status!

September 10, 2020
| Memes

Let's have a bit of fun! Our audience has grown substantially over the last year, it would be great to get a feel for where everyone is at these days! Just select the correct emoticon for where your career is at these days and put it in the comments !  

Read More...

EIA raises 2020 forecasts for oil and natural-gas prices and U.S. production

September 10, 2020
| Archives

The U.S. Energy Information Administration raised its 2020 forecasts for West Texas Intermediate and Brent crude oil prices and U.S. crude-oil production, according to the Short-Term Energy Outlook report released Wednesday. The EIA pegged its 2020 WTI oil price forecast at $38.99 a barrel, up 1.3% from its August forecast. It also lifted its Brent crude price forecast

Read More...

Pelican Energy Partners pick up SPC flow unit from Baker Hughes

September 10, 2020
| Archives

Houston-based private equity fund Pelican Energy Partners LP said on Thursday it plans to buy Baker Hughes Co’s surface pressure control (SPC) flow business. The sale comes as Baker Hughes and other oilfield services companies have been selling units in the face of lower drilling activity. Schlumberger NV unloaded its underperforming North American shale fracking business last week to

Read More...

Woodside picks up Cairn Energy’s Sangomar Development in Senegal

September 10, 2020
| Archives

Australian oil and gas operator Woodside has announced an agreement to acquire Cairn Energy’s 40% interest in the Sangomar oil project offshore Senegal, pending approval from the Senegalese government. In July, Cairn Energy, a joint venture partner of Woodside in the project, alongside Australian independent FAR Ltd and state-owned Petrosen, announced that it had agreed to sell its

Read More...

Noble Fleet Status Update Highlights – New Contracts in Guyana and Norway

September 9, 2020
| Archives

Noble issued their fleet status update and below are the highlights: Australia Noble Tom Prosser – One well option exercised. Guyana Noble Sam Croft – New six-month contract with Esso from Early January 2021 to Early July 2021. Norway Noble Lloyd Noble – New 3-well contract with Equinor from June 2021 to January 2022. Saudi Arabia Noble Roger Lewis – Dayrate reduced

Read More...