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Month: October 2021

TotalEnergies seeks to sell stake in giant North Sea gas field

October 5, 2021
| Archives

France’s TotalEnergies is seeking to sell a third of its 60% stake in the Laggan Tormore gas field in the British North Sea, which is expected to raise around $300 million, six industry and banking sources said. The company is hoping the recent rally in natural gas prices to record highs due to tightening supplies will boost buyer

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West Africas deepwater rig utilization could triple by 2022

October 5, 2021
| Archives

Esgian has previously reported that the US Gulf of Mexico and Brazil have already witnessed substantial recovery in the deepwater rig market. However the final point in the golden triangle, West Africa, has struggled with sluggish growth, with current competitive utilization of just 40% in comparison to 80% in the US Gulf of Mexico and 95% in Brazil. The slower rollout of

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Best of Overtime Volume 3

October 5, 2021
| OVERTIME

Best of Overtime – Volume 3 Episode 11 Interesting Items for your Next Quarantine Period Episode 12 Houthi Rebels Attack Saudi Terminal Episode 13 Lebron and the Red Sox Episode 14 What is Stuck in the Suez Canal? Episode 15 10’ Long River Monster SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/overtime_16 LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/overtime/id1543586841 SPOTIFY: https://open.spotify.com/show/011NdEFDU9kjroD2C6WJZR?si=p6H58eTDR-6FwiH7uB5KaA YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US ON: INSTAGRAM: https://www.instagram.com/riglynx/ Rig Lynx LLC nor War Room Media own any of

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Rig Lynx Monthly Rundown – September top 5

October 4, 2021
| Monthly Rundown

For September we had over 31k article views, here are the top 5! It was Noble, Seadrill, Borr and Valaris this month... Thanks for reading with us and we wish you a great October! Stay safe! Globetrotter 2 loses LMRP and riser during IDA The vessel encountered sever weather during Hurricane Ida as a small number of crew members were treated for minor

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Flared Gas and Bitcoin, China Drill Baby Drill, UFC and Jon Jones, 25 foot Chimichanga OT EP 23

October 4, 2021
| OVERTIME

Join Greg and Ryan for another episode of Overtime! - Oil Prices - Flared Gas and Bitcoin Mining - China Drill Baby Drill - Beijing puts the brakes on foreign spectators - UFC and Jon Jones - The 25-foot Chimichanga - 2,195 Pound Pumpkin SUBSCRIBE TO THE PODCAST: https://www.spreaker.com/show/overtime_16 LISTEN ON: ITUNES: https://podcasts.apple.com/us/podcast/overtime/id1543586841 SPOTIFY: https://open.spotify.com/show/011NdEFDU9kjroD2C6WJZR?si=p6H58eTDR-6FwiH7uB5KaA YouTube: https://www.youtube.com/c/RigLynx ADD US ON: LINKEDIN: https://www.linkedin.com/company/rig-lynx ADD US ON: INSTAGRAM: https://www.instagram.com/riglynx/ Rig Lynx LLC nor War Room Media own any of

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Petrobras Americas discloses entire GOM stake up for sale

October 4, 2021
| Archives

Petrobras says that it has started the opportunity disclosure stage (teaser), regarding the sale of the entire 20% stake held by its subsidiary Petrobras America Inc. (PAI) in the company MP Gulf of Mexico, LLC. (MPGoM), located in Texas, USA, which owns offshore fields in the Gulf of Mexico. The teaser, which includes key information about the opportunity,

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Baker SDS and MHWirth combine to create HMH

October 4, 2021
| Archives

Baker Hughes and Akastor ASA completed the transaction that combines the operations of Baker Hughes' Subsea Drilling Systems (SDS) business with Akastor's wholly owned subsidiary, MHWirth AS (MHWirth) in line with the terms and conditions described in the earlier announcement. The company, which is owned 50/50 by Baker Hughes and Akastor, will be named HMH. The operations and

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Shell kicking off work in Campos Basin with West Tellus mid-October

October 4, 2021
| Archives

Shell will start, by mid-October, a new intervention campaign at Parque das Conchas. The West Tellus drillship, from Seadrill, is already sailing to the Campos Basin, with arrival scheduled for the weekend. In addition to the intervention program, Shell’s new campaign will include the drilling of two wells, one infill in BC-10 and the other exploratory in C-M-791,

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SPIE awarded multi-year contract with Chevron Australia

October 4, 2021
| Archives

PIE Oil & Gas Services, a subsidiary of SPIE, has been awarded a contract from Chevron Australia Pty Ltd to provide Process Automation Systems (PAS) integration services for its subsea gas compression system for the Jansz-Io field, offshore Western Australia. The Jansz-Io gas field is located around 200 kilometers off the north-western coast of Western Australia, at water

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