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Month: June 2021

Saipem opens Guyana offshore construction facility

June 8, 2021
| Archives

A new Saipem facility has been inaugurated at the port of Georgetown, Guyana. The Saipem Guyana Offshore Construction Facility is tangible proof of our commitment to local content in this important frontier region. Saipem and Guyana have been enjoying a fruitful interaction for the last four years, starting with the award of the ground-breaking Liza Phase 1 contract in

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Transocean defers payment to JSPL for 20k drillship duo

June 7, 2021
| Archives

Transocean Ltd. announced today that it has agreed with Sembcorp Marine’s subsidiary, Jurong Shipyard Pte Ltd (JSPL), on the delayed delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan. As part of the agreement, JSPL has agreed to accept deferred payment for both rigs.   The Deepwater Atlas and Deepwater Titan are the world’s first eighth generation ultra-deepwater drillships and only rigs to feature a 3,000,000 pound hook-load.

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Angola bid round extended and entry fee reduced

June 7, 2021
| Archives

The deadline for the submission of proposals for the bid round of blocks located in Angola’s Lower Congo and Kwanza Onshore Basins, which was initially scheduled for June 9, has been extended until July 9, 2021. Simultaneously ANPG – Agência Nacional de Petróleo, Gás e Biocombustíveis – has decided to reduce the amount of the entry fee

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Exxon re-commences drilling offshore Guyana on Jabillo-1

June 7, 2021
| Archives

Westmount noted re-commencement of drilling operations at Jabillo-1 of the Canje block, part of offshore operations in Guyana. Jabillo-1 is the second of 3 exploration wells scheduled for drilling on the Canje block in 2021. Westmount holds an indirect interest in the Canje block as a result of its 7.7% interest in JHI Associates Inc. The Canje

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Turkey unveils new natural gas discovery

June 7, 2021
| Archives

President Recep Tayyip Erdogan announced the discovery of new natural gas deposits in the Black Sea, where Turkey plans to start production in 2023. State energy company Tpao found 135 billion cubic meters of gas at the Amasra-1 offshore well, bringing the total amount of deposits discovered over the past year to 540 billion cubic meters, Erdogan said

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Rig Lynx Monthly Rundown – Top 5 for May

June 5, 2021
| Monthly Rundown

For May we had over 34k article views, here are the top 5! News from Velesto, Valaris, Seadrill and Transocean Thanks for reading with us and we wish you a great month of June! Stay safe! Naga 7 punch through offshore Malaysia Sources across social media started sharing photos of the Naga 7, owned by Malaysia’s Velesto Energy, in what was called a

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Weatherford heads to NASDAQ

June 4, 2021
| Archives

Weatherford International plc announced that The Nasdaq Stock Market LLC ("NASDAQ") has approved its application for the relisting of Weatherford's ordinary shares on NASDAQ under the ticker symbol "WFRD", effective with the opening of trading on Wednesday, June 2, 2021. Girish Saligram, President and Chief Executive Officer, commented, "We are excited to fully return to the public markets on the Nasdaq stock

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Noble heading back to NYSE

June 4, 2021
| Archives

Noble Corporation announced that the Company has received approval for listing its ordinary shares on the New York Stock Exchange ("NYSE").  Trading is expected to commence under the ticker symbol "NE" at market open on June 9, 2021.  Robert Eifler, President and Chief Executive Officer of Noble, stated, "Listing our ordinary shares on the NYSE is an important

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