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Month: May 2021

Transocean awarded 9 well P & A for the Discoverer Inspiration

May 10, 2021
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry noted that Transocean's Discoverer Inspiration has signed with Hess Corp. for a 9-well P&A campaign in the US GoM. The contract is expected to commence in Q4 2021 and will take approximately 240 days. The ultra-deepwater drillship is currently warm stacked in

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Odfjell awarded additional well for the Deepsea Atlantic

May 10, 2021
| Archives

Equinor has exercised one additional well to the Deepsea Atlantic contract. The well has been exercised under the Continued Optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement. The work shall commence after the completion of the current scope estimated to be in Q3 2021. The

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Valaris awarded 240 day extension for JU-115 offshore Thailand

May 10, 2021
| Archives

Valaris Limited announced today that it has been awarded a contract extension of approximately 240 days with Mubadala Petroleum Thailand offshore Thailand for VALARIS JU-115, a heavy-duty modern jackup. The extension is anticipated to begin in the first quarter of 2022 and, as a result, the VALARIS JU-115 is now expected to be under contract through September

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Wolford steps in to lead Diamond Offshore

May 10, 2021
| Archives

Diamond Offshore Drilling, Inc. announced today that Bernie G. Wolford Jr. has been named the Company's President and Chief Executive Officer and will also serve on the Board of Directors. Mr. Wolford succeeds Marc Edwards, who retired from the Company as Chairman, President and Chief Executive Officer on April 23, 2021 when the Company and its debtor affiliates emerged from their chapter

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BP sticks with API

May 10, 2021
| Archives

BP said on Monday it will remain a member of the American Petroleum Institute (API) after the largest U.S. oil and gas trade lobby group addressed some differences with the British energy company over climate change. BP, which plans to sharply cut its oil output and boost its renewable energy capacity over the next decade, said in a

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Hacked fuel pipeline could send U.S. pump price highest since 2014

May 10, 2021
| Archives

U.S. gasoline prices at the pump jumped 6 cents in the latest week and could soon be headed for the highest level since 2014 due to the supply disruption caused by a cyber attack on the country’s biggest fuel pipeline system. The ransomware attack forced Colonial Pipeline to shut down its system on Friday. Some smaller lines were

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International Rig Count Down 20 Units in April

May 10, 2021
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for April is 695, down 20 units from the count in March and down 220 units from the 915 counted in April 2020. Latin America is down 9 units to a total of 118 from the March count of 125 units and is up 29 units year-over-year. The Asia-Pacific region is

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Rig Lynx Rewind: Kanuni (Ex-Sertao) drillship set for joining the Fatih in the Sakarya field

May 10, 2021
| Archives

Originally published October 5, 2020 Turkey plans to deploy a second drilling ship in the Black Sea early next year following the biggest-ever natural-gas discovery there. The vessel, named Kanuni, will join another ship seeking further oil and gas fields, Energy Minister Fatih Donmez said in an interview with the state news agency Anadolu. In August, Turkey President Recep Tayyip Erdogan

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Dana Gas, Petronor, Morocco Projects, Kenya & Tanzania Pipeline, Angola Bid Rounds WAW 10

May 10, 2021
| West Africa Weekly

Listen to "EP 10: Dana Gas, Petronor, Morocco Gas Projects, Kenya and Tanzania Pipeline, Angola Bid Rounds" on Spreaker. Join Greg for another episode of West Africa Weekly! This week: -Oil Prices -Dana Gas Terminates Agreement for Sale of Egyptian Assets -Petronor Gains Access to Guinea-Bissau Offshore Blocks -Morocco on the brink of unlocking its gas potential -Kenya and Tanzania Sign Long-Awaited Natural Gas

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