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Month: November 2020

Maersk Drilling selected for two-rig Suriname campaign by Total

November 24, 2020
| Archives

Maersk Drilling has received a Conditional Letter of Award (CLOA) from Total E&P Suriname, Suriname Branch for the supply of two deepwater rigs, Mærsk Developer and Maersk Valiant, for an exploration and appraisal project in Suriname’s Block 58. The campaign is expected to commence in early 2021, with an estimated firm combined duration of 500 days. The

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ICS Interview – Rig Lynx Career Fair 2020

November 23, 2020
| Discussions

If you are looking for work in West Africa, here is an interview with Mr. Om Choudhari He is the Director of HR and Operations with Intercontinental Des Services based out of Pointe Noire, Republic of Congo. Intercontinental Des Services are a leading labor contractor and offshore support company based in Pointe Noire, Republic of Congo and registered under

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Inter Continental Des Services: Powering the Industry in West Africa

November 23, 2020
| Business Spotlight

Inter Continental Des Services are a leading labor contractor and offshore support company based in Pointe Noire, Republic of Congo and registered under ministry of labor. ICS provide skilled/non-skilled labor for various steps of drilling projects which include onshore, offshore, administration crew and maintenance crew. They operate horizontally across the sector covering: Exploration, Drilling, Development, Production, Subsea, Inspection, Marine

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Odfjell Drilling signs contracts with Equinor on Johan Sverdrup and Breidablikk

November 23, 2020
| Archives

Reference is made to the stock exchange notices of 7 July 2020 and 5 October 2020 in which Odfjell Drilling Ltd announced the award of letters of intent with Equinor on Johan Sverdrup Phase 2 and Breidablikk drilling campaigns for Deepsea Atlantic and Aberdeen, respectively. The Breidablikk drilling campaign is subject to PDO approval. Final contracts for

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SFL Corp announce forbearance agreement with Seadrill Limited

November 23, 2020
| Archives

SFL Corporation Ltd. announces that it has entered into forbearance agreements with Seadrill Limited (“Seadrill”) in respect of the leasing arrangements on its three drilling rigs and the corresponding financing agreements. Unless extended or terminated, these forbearance agreements will last until December 14, 2020 (the “forbearance period”). In addition, Seadrill has also announced that it has agreed to

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Court approves Noble’s reorganization plan

November 23, 2020
| Archives

Noble Holding Corporation plc announced today that the United States Bankruptcy Court for the Southern District of Texas has issued an order approving the Company's Joint Plan of Reorganization (the "Plan").  The Company is working towards emergence as soon as possible upon receipt of certain regulatory approvals which could be received late this year or early 2021. The Plan received widespread

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Ivory Coast’s Foxtrot to inject $315 mln to boost gas output

November 23, 2020
| Archives

Ivory Coast-based energy firm Foxtrot International will invest $315 million to increase its gas output by a third by 2022 to meet the West African nation’s growing power needs, the firm’s general manager told Reuters on Monday. Ivory Coast, French-speaking West Africa’s largest economy and the world’s top cocoa producer, is seeing domestic electricity consumption rise by about

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ADNOC commits $122 billion to boost oil and gas output

November 23, 2020
| Archives

The United Arab Emirates’ biggest oil producer is boosting investment to make good on pledges to increase output capacity, even as it struggles against OPEC+ restrictions on supply. The OPEC member’s top body for energy policy, Abu Dhabi’s Supreme Petroleum Council, approved a 448 billion dirhams ($122 billion) budget for spending on oil and natural gas over the

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Rig Lynx Weekly Rundown – Top 5 from week 47

November 23, 2020
| Weekly Rundown

Welcome back! If you missed any of the trending articles from last week we got them all here for you to start your week off with For week 47, Nov 15 - Nov 21, we had over 6.7k page views and below are the top 5 News from Valaris, Seadrill, Vantage, Maersk, and Pacific Have a great week ahead! Valaris's DS 12 and

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The Conundrum of Networking

November 20, 2020
| Archives

With 2020 being a year of change for most people, myself included, it is good to write a few notes down and share with everyone on where I personally think, don’t take my thoughts to the bank, just sharing, on how your online networks should be used for your own betterment. As I go through this, I will

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