August 2021 - Page 6 of 12

Oil and gas leasing to resume in U.S. lands and waters

August 17, 2021

The Biden administration is appealing a federal judge’s ruling against its oil leasing moratorium, while promising to resume offering new oil and gas leases on U.S. lands and waters. The moves, announced by the Interior Department in an emailed statement Monday, mark the beginning of an open-ended analysis of the federal oil, gas and coal leasing programs that

Lukoil spuds in Yoti in GoM

August 16, 2021

| Archives

LUKOIL started drilling its first exploration well at Block 12 located in the southern area of the Gulf of Mexico. The Yoti West-1Exp well will be drilled by Valaris 8505 semisubmersible rig, which was transported to Block 12 after its successful work at Block 10 (the Sayulita-1EXP well). The exploration will focus on turbidite deposits of Upper and Lower Miocene. Water depth at the

Can Woodside work a deal with BHP?

August 16, 2021

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BHP Group Ltd is in talks to sell its petroleum business to Australia’s top independent gas producer Woodside Petroleum Ltd in exchange for shares, the companies confirmed on Monday. The world’s biggest miner also said it had begun a strategic review of its oil and gas business — made up of assets in Australia, the Gulf of Mexico,

Aramco trading up stock for shares in Reliance, up to $25 billion

August 16, 2021

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Saudi Aramco is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's oil refining and chemicals business for about $20 billion to $25 billion in Aramco's shares, Bloomberg News reported on Monday. An agreement could be reached as soon as the coming weeks, according to the report, which cited people with knowledge of the matter. Aramco and Reliance

Rig Lynx Weekly Rundown – Seadrill Limited strikes deal with Northern Ocean

August 16, 2021

| Weekly Rundown

Seadrill Limited strikes deal with Northern Ocean Seadrill Limited announced that the Company has reached a settlement agreement with Northern Ocean Ltd. (“NOL”) predominantly with respect to balances outstanding from Seadrill’s preparation of the West Mira and West Bollsta rigs. Read More Total and Shell expect to spud in offshore Namibia in Orange Basin Q4 2021 The farmout process is currently

North America Rig Count: U.S. adds 9 and Canada adds 8

August 13, 2021

| Weekly Rig Count

Baker Hughes Rig Count: U.S. +9 to 500 rigs U.S. Rig Count is up 9 from last week to 500 with oil rigs up 10 to 397, gas rigs down 1 to 102, and miscellaneous rigs unchanged at 1. U.S. Rig Count is up 256 rigs from last year's count of 244, with oil rigs up 225 gas rigs

Var approved for more exploration in Barents Sea

August 13, 2021

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The Petroleum Safety Authority Norway has given Vår Energi consent for exploration drilling in Block 7122/6 in the Barents Sea. Exploration well 7122/6-3 S will be drilled in production license PL 901 to test a prospect named Rødhette. Geographical coordinates are 71° 31' 34.93" N 22° 44' 49.03" E. Water depth is 427 meters. The well is expected to take a minimum of 25 days and will be drilled by

Vantage releases Q2 results, backlog increase of 80%

August 13, 2021

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Vantage announced their Q2 results and here are the highlights Wig#1 -Maintaining Stellar Safety & Operational Performance No recordable incidents in Q2 2021, whilst reactivating three rigs in West Africa and Asia. No Offshore COVID cases. Onshore quarantine and testing protecting the offshore personnel. Fleet Revenue Efficiency 98.7% Wig#2 - Putting all our rigs back to work Sapphire continues to work for Trident

Equinor gains approval for more Norwegian Sea work

August 13, 2021

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The Petroleum Safety Authority Norway has given Equinor consent for exploration drilling in Block 6407/9 in the Norwegian Sea. Exploration well 6407/9-13 will be drilled in production license PL 1060 to test a prospect named Ginny. Geographical coordinates are 64° 26' 22,46" N 07° 41' 13,46" E. Water depth is 270 meters. The well is expected to take 27 days and will be drilled by the West Hercules. Source: PSAN Join our mailing

Total and Shell expect to spud in offshore Namibia in Orange Basin Q4 2021

August 12, 2021

| Archives

Global Petroleum announced that it has successfully raised £1,000,000 in aggregate before costs, through the Placing of 200,000,000 Ordinary Shares at a Placing Price of 0.5 pence per share. Rationale for the Placing In January 2021 the Company announced its updated Prospective Resources on its Namibian license PEL0094. The inclusion of seven new leads, in addition to the Marula

Month: August 2021

Oil and gas leasing to resume in U.S. lands and waters

Lukoil spuds in Yoti in GoM

Can Woodside work a deal with BHP?

Aramco trading up stock for shares in Reliance, up to $25 billion

Rig Lynx Weekly Rundown – Seadrill Limited strikes deal with Northern Ocean

North America Rig Count: U.S. adds 9 and Canada adds 8

Var approved for more exploration in Barents Sea

Vantage releases Q2 results, backlog increase of 80%

Equinor gains approval for more Norwegian Sea work

Total and Shell expect to spud in offshore Namibia in Orange Basin Q4 2021

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