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Month: April 2021

Valaris receives 500-day deal for semi MS-1 (ex Atwood Osprey)

April 15, 2021
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It has now been confirmed that Santos has secured further time on moored semisub Valaris MS-1 to cover development drilling at its Barossa field development Phase 1 offshore Australia. The contract is expected to last for around 500 days, commencing from Q2 2022. The rig is due to commence another contract with Santos in the coming weeks

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ReconAfrica confirm positive results from Kavango Basin well

April 15, 2021
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Namibia’s Ministry of Mines and Energy (MME) and Reconnaissance Energy Africa (ReconAfrica) announced the preliminary analysis of the data from the 6-2 well, the first of a three-well drilling program, provides clear evidence of a working conventional petroleum system in the Kavango Basin. The well sample log of the 6-2 provides over 200 meters of oil and natural

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Total postpones South Africa drilling application

April 15, 2021
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Total has decided to postpone its application for additional drilling in a South African offshore gas block, a letter seen by Reuters from the consultancy conducting the environmental and social assessment showed. The delay is a potential blow to South Africa as it seeks to reduce its reliance on coal and increase the use of natural gas and

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129 foot lift boat capsizes off Louisiana coast

April 14, 2021
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Coast Guard officials said that at least six people were rescued after a large commercial boat capsized in the Gulf of Mexico, 8 miles south of Port Fourchon, on Tuesday. Lafourche Parish President Archie Chaisson III confirmed that 18 people were on board before the 129-foot lift boat, named the Seacor Power, took on water at about 4:30

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Angola Onshore Bid Round to Begin Apr 30

April 12, 2021
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The National Agency of Petroleum, Gas and Biofuels (ANPG), within the scope of the 2019-2025 General Strategy for the Awarding of Petroleum Concessions, announced on December 31, 2020, the intention to bid Blocks CON1, CON5 and CON6 (Onshore Lower Congo Basin) and Blocks KON5, KON6, KON8, KON9, KON17 and KON20 (Onshore Kwanza Basin), thus beginning the promotion

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Sevan Developer slated to start Petrobras contract August 2021

April 12, 2021
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Sacanb Offshore will debut in the Brazilian drilling market in August. The Indian group signed a contract with Petrobras to charter the Sevan Developer mono-column rig. The deal is the result of a 2020 tender by the oil company for the chartering of a drilling rig intended for operations in 2,400 m water depth. The cylindrical semisub was bid

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Total poised to greenlight $5.1 billion Uganda project

April 12, 2021
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Total SE’s likely decision to proceed with a $5.1 billion Ugandan oil project will extend its dominance as the biggest spender in sub-Saharan Africa. The French energy giant, poised to greenlight the plan within days, has been the largest investor in the region since 2012. Its spending on exploration and production there peaked at $6.2 billion eight years

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Rig Lynx Rewind: History of the Weight Indicator

April 10, 2021
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Originally published on July 23, 2020 Some history…is what it is, history but every now and then you read some things that bring the message home clearer than others. Take for example the history we are about to share in regard to the weight indicator and how far we have come as an industry. An industry that we

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