November 2021 - Page 3 of 8

Rig Lynx Weekly Rundown – EnerMech bags 5 year award in North Sea

November 22, 2021

EnerMech bags 5 year award in North Sea Aberdeen headquartered EnerMech has been awarded a five-year contract to deliver tensioning, torquing and associated services across all of TAQA’s North Sea platforms. Read More Seadrill brings in new board Seadrill Limited announced that a new, independent, seven-member Board of Directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. Read More Weatherford awarded over $1 billion in contracts from ADNOC Weatherford

North America Rig Count: U.S. adds 7 and Canada drops 1

November 19, 2021

| Weekly Rig Count

Baker Hughes Rig Count: U.S. +7 to 563 rigs U.S. Rig Count is up 7 from last week to 563 with oil rigs up 7 to 461, gas rigs unchanged at 102, and miscellaneous rigs unchanged at 0. U.S. Rig Count is up 253 rigs from last year's count of 310, with oil rigs up 230 gas rigs up

The world has sleepwalked into a supply crunch – Says executives at Adipec

November 19, 2021

| Archives

The global oil and gas industry requires more than $600 billion of investment annually to keep up with the growing demand for energy even as the world transitions to cleaner forms of energy, according to the managing director and group chief executive of Adnoc. “After almost a decade of underinvestment in our industry, the world has sleepwalked into

Exxon lines up Stena Forth for one well off Newfoundland

November 18, 2021

| Archives

Stena Drilling announced that they have signed a new contract with ExxonMobil Canada LTD for the mobile offshore drilling unit Stena Forth. The operations are due to commence in 2H22, offshore Eastern Canada for the drilling of one (1) firm well. To perform this well, the Stena Forth shall mobilize from the Eastern Mediterranean to Canada after an

ADNOC awards USD1.46 billion EPC contracts for the Dalma Gas Development Project

November 18, 2021

| Archives

The Abu Dhabi National Oil Company (ADNOC) announced today, the award of two engineering, procurement and construction (EPC) contracts totaling $1.46 billion (AED5.36 billion) for the Dalma Gas Development Project. The Dalma field is part of the Ghasha Concession which is the world’s largest offshore sour gas development and an important enabler of gas self-sufficiency for the United Arab Emirates (UAE). The two

Baker Hughes awarded two major contracts from ADNOC

November 18, 2021

| Archives

Baker Hughes has been awarded two contracts from Abu Dhabi National Oil Company (ADNOC) this week for equipment and services across multiple upstream fields and projects in the United Arab Emirates (UAE). The contracts were announced at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). As part of ADNOC’s largest ever wellheads award globally, Baker Hughes’ Surface Pressure Control

Critical to our energy future – NOIA on GOM lease sale of $190 million

November 18, 2021

| Archives

U.S. oil majors Exxon Mobil Corp and Chevron Corp were among the top buyers at a federal auction of oil leases in the U.S. Gulf of Mexico on Wednesday that generated more than $190 million - the highest since 2019. The auction was a boon for federal coffers, but a potential setback for the climate policies of U.S. President Joe

ConocoPhillips pushes through with massive Alaska development

November 18, 2021

| Archives

ConocoPhillips is pushing forward on its massive Willow development on Alaska’s North Slope and has not lost time in its schedule, despite a recent federal court ruling that overturned Trump administration approval for the project, an Alaska manager for the company said Wednesday. Alaskan officials have been eager to see oil drilling increase to boost tax revenue at

Seadrill brings in new board

November 17, 2021

| Archives

Seadrill Limited announced today that a new, independent, seven-member Board of Directors will assume leadership of the new parent company of the Seadrill group upon emergence from Chapter 11. Seadrill received confirmation of its Plan of Reorganization on 26 October 2021 and is targeting emergence early in 2022. The Board will be comprised of the following individuals, who collectively

Awilco scraps the WilHunter

November 17, 2021

| Archives

Awilco Drilling has decided to recycle its 1983-built semisub drilling rig WilHunter, currently cold stacked in Invergordon. “Recycling options are being pursued,” the company said during its Q3 earnings call. “The unit hasn’t worked for a long period of time, and we think now is the right time to recycle the unit in an environmentally responsible fashion,” the company

Month: November 2021

Rig Lynx Weekly Rundown – EnerMech bags 5 year award in North Sea

North America Rig Count: U.S. adds 7 and Canada drops 1

The world has sleepwalked into a supply crunch – Says executives at Adipec

Exxon lines up Stena Forth for one well off Newfoundland

ADNOC awards USD1.46 billion EPC contracts for the Dalma Gas Development Project

Baker Hughes awarded two major contracts from ADNOC

Critical to our energy future – NOIA on GOM lease sale of $190 million

ConocoPhillips pushes through with massive Alaska development

Seadrill brings in new board

Awilco scraps the WilHunter

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