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

Month: April 2021

Deepwater Asgard secures contract with Beacon Offshore Energy

April 27, 2021
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry, has reported that Transocean was awarded a contract for the Deepwater Asgard from Beacon Offshore Energy. It is scheduled to start in June 2021. No mention of duration or dayrate Source: Esgian Join our mailing list here

Read More...

Seadrill lands fresh 4 year contract with the Saturn offshore Brazil

April 27, 2021
| Archives

Seadrill Limited has secured a four-year firm contract with four one year options, for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil. Total value for the firm portion of the contract is expected to be approximately $380 million (inclusive of mobilization, upgrades, and integrated services revenue) with a performance

Read More...

Indian Oil Ministry pushes ONGC for privatization of marginal assets

April 26, 2021
| Archives

The petroleum ministry has told India's largest oil and gas producer ONGC to sell stake in producing oil fields such as to Ratna R-Series to private firms, get foreign partners in KG basin gas fields, monetise existing infrastructure, and hive off drilling and other services into a separate firm to raise production. Amar Nath, additional secretary (exploration) in

Read More...

Dana Gas Terminates Agreement for Sale of Egyptian Assets

April 26, 2021
| Archives

Dana Gas PJSC, the Middle East’s largest private sector natural gas company, today announced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020. A number of conditions precedent to the transaction could not be completed to the satisfaction of both parties prior to the long stop date of the Sale

Read More...

BW Energy resumes drilling offshore Gabon

April 26, 2021
| Archives

BW Energy has announced the resumption of a three-well drilling campaign on the Dussafu license offshore Gabon, which consists of two exploration wells in the Hibiscus area and one production well on the Tortue field. The current campaign will start with the Hibiscus Extension appraisal well (DHIBM-2), located about 56km from the coast in 119m water depth.

Read More...

BP applies to set up U.S. retail power business

April 26, 2021
| Archives

BP has applied to supply U.S. residential customers with electricity generated from wind, solar and natural gas, betting on a rapid growth in power demand as economies shift away from fossil fuels to battle climate change. BP wants to supply electricity in California, Illinois, Ohio, Pennsylvania and Texas in its first foray into the retail power business, according

Read More...

Diamond Offshore Emerges from Chapter 11

April 26, 2021
| Archives

Diamond Offshore Drilling, Inc. announced today that, on April 23, 2021, it and its debtor affiliates emerged from their chapter 11 process after successfully completing a financial reorganization pursuant to their joint plan of reorganization. The restructuring significantly delevers the Company's balance sheet and provides substantial liquidity for the Company, resulting in the equitization of approximately $2.1 billion in senior unsecured

Read More...

Sample Image

Drug Smuggling Burritos, Oil Prices, Crude Inventory Rise, O&G Ban, Brett Favre Sports Politics, UFC 264, Jake and Ben OVERTIME EP 17

April 26, 2021
| OVERTIME

Listen to "Ep 17: Drug Smuggling Burritos, Oil Prices, Crude Inventory Rise, O&G Ban, Brett Favre Sports Politics, UFC 264, Jake and Ben" on Spreaker. Join Greg and Ryan for another episode of Overtime! -Oil Prices -Crude Inventory Rise -Federal Oil and Gas Lease Sales on Hold Until June -Brett Favre Says Politics is Killing Sports -UFC 264 -BKFC 17 -Jake and Ben -Drug Smuggling in Breakfast Burritos We are

Read More...