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Month: April 2021

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Lego Theft, 23k Jobs Added, Shale Consolidation, Rig Activity, MLB All Star Game OVERTIME EP 16

April 10, 2021
| OVERTIME

Listen to "Ep 16: Oil Prices, 23k Jobs Added in March, Shale Consolidation, International Rig Activity, MLB All Star Game, Lego Theft" on Spreaker. Join Greg and Ryan for another episode of Overtime! -Oil Prices -23,000 Jobs Added in March -Consolidation in Shale -International Rig Activity -MLB All Star Game Leaves Atlanta -Lego Theft is on the Rise! We are sponsored by Lit Handlers, they are a small, family-owned

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ICM Group bags global agreement with Vantage Drilling

April 10, 2021
| Archives

ICM Group has been awarded a global preferred agreement with regards to Vantage Drilling’s onboard regulatory and Crane training requirements. This long-term agreement covers the majority of ICM’s training programs to support Vantage Drilling’s onboard training requirements. Moreover, it will contribute to expansion of the standardization within training delivery through its global fleet, this will ensure that all

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Archer inks 5 year deal with ConocoPhillips

April 10, 2021
| Archives

Archer AS, a subsidiary of Archer Limited, has secured a long-term frame agreement with ConocoPhillips for the provision of wireline services on the Norwegian Continental Shelf, making Archer the largest mechanical intervention company on the Norwegian Continental Shelf with an estimated total contract back-log of NOK 3.5 billion. Lage Nordby, Vice President Archer Wireline International comments; "I am humbled

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3 missing after CNOOC blowout in northeastern China

April 10, 2021
| Archives

Three crew members are missing after a well blowout and fire on an oil rig platform in the Bohai Sea in northeastern China earlier this week that halted operations in China’s largest offshore oil field. The field is jointly owned by state-controlled giant China National Offshore Oil Corp. (CNOOC) and U.S. oil giant ConocoPhillips. CNOOC hasn’t made a public statement on the

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April Newsletter

April 9, 2021
| Monthly Newsletter

Welcome back to another monthly newsletter from your friends here at Rig Lynx where our only mission is to connect people…simple.   Top 5 Articles for March For March we had over 44k article views, here are the top 5! Deepwater was king this month with news from Noble, Pacific, Dolphin, Apache, Total, Vantage and Seadrill Thanks for reading with us and we wish you

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Senegal Aims for Universal Electricity Access by 2025

April 9, 2021
| Archives

The government of Senegal aims to provide all citizens with access to affordable and reliable electricity by the year 2025. The objective forms part of the Emerging Senegal Plan, a development model that is focused on accelerating the country’s progress toward emerging market status. Senegal boasts one of the highest access to electricity rates in West Africa, equating

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As margins fall Repsol is forced to furlough employees

April 9, 2021
| Archives

Spanish energy firm Repsol said on Thursday it will furlough up to 830 workers at its A Coruna and Puertollano refineries in Spain as pandemic restrictions have led to an “unprecedented” slump in demand for fuels. “It is a sustained situation that has kept fuel consumption for transport much lower than expected,” Repsol said in a statement. The profit

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Velesto awarded 7 well deal for the NAGA 4

April 8, 2021
| Archives

The Board of Directors of Velesto Energy Berhad (“VEB”) is pleased to announce that Velesto Drilling Sdn Bhd (“VED”), has received a Letter of Award from Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited for a contract for the Provision of Jack-Up Drilling Rig Services for Sarawak Shell Berhad / Sabah Shell Petroleum Company Limited, the

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ADNOC eyes billion dollar IPO

April 8, 2021
| Archives

Abu Dhabi National Oil Company (ADNOC) is considering listing its drilling business on the local stock market, according to three sources familiar with the matter. The state oil giant says its drilling company is the largest in the Middle East. ADNOC has held discussions with banks over the potential initial public offering (IPO), said the sources, who declined to

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