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Month: December 2021

Petrobras tendering for another floatel

December 6, 2021
| Archives

Petrobras launched a tender for the charter of a new flotel (Maintenance and Services Unit) for the Campos, Santos and Espírito Santo basins. Companies interested in the contract may only offer DP2 or DP3 semi-submersible units, with accommodation for 400 people. The flotel required by the oil company will only enter into operation between the end of 2022

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Trinidad launches deepwater bidding round

December 6, 2021
| Archives

Trinidad and Tobago announced December 3rd the launch of the 2021 Trinidad and Tobago Deep Water Competitive Bid Round for 17 blocks located off the northern and eastern coasts of Trinidad and Tobago. The Bid Round will be open for six months, with the deadline for submission being June 2nd, 2022 at 12 noon. Successful bidders will be announced three months following

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Shell wins court case in South Africa prepares to run seismic

December 6, 2021
| Archives

A South African high court on Friday struck down an urgent application brought by environmentalists to stop oil major Royal Dutch Shell starting seismic surveys to explore for petroleum systems off the eastern seaboard's popular Wild Coast. The applicants, which included Greenpeace Africa and fishermen, had been seeking to stop the survey on the basis it could cause "irreparable

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Turkey threatens to block ExxonMobil in eastern Mediterranean

December 6, 2021
| Archives

Turkey threatened to block any unauthorized search for gas and oil in its economic exclusive zone in the eastern Mediterranean after Cyprus awarded hydrocarbon exploration and drilling rights in its offshore block 5 to a venture of Exxon Mobil and Qatar Petroleum. A part of the license area in question violates Turkey’s continental shelf in the eastern Mediterranean,

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Norge lines up the Maersk Intrepid for one well in the Oswig prospect

December 6, 2021
| Archives

Maersk Drilling has secured a one-well contract with OMV (Norge) AS, which will employ the low-emission jack-up rig Maersk Intrepid to drill a high pressure, high temperature exploration well in the Oswig prospect in Block 30/5C of the Northern North Sea basin offshore Norway. The contract is expected to commence in mid-2022, and Maersk Drilling and OMV

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Rig Lynx Weekly Rundown – Demand for accommodation rigs are recovering

December 6, 2021
| Weekly Rundown

Demand for accommodation rigs are recovering Floatel International believes that the demand for accommodation rigs is starting to recover but, due to market oversupply, it still remains below levels in late 2019 before the Covid-19 pandemic, resulting in prices continuing to be under pressure. Read More With backlog sitting at $2.1 billion Seadrill provides Q3 update Seadrill provided a market update

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International Rig Count is up 148 units so far this year

December 6, 2021
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for November is 817, up 17 units from the count in October and up 148 units from the 669 counted in November 2020. Latin America is up 3 units to a total of 155 from the October count of 152 units and up 54 units year-over-year. The Asia-Pacific region

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Rig Lynx celebrates 4 years

December 1, 2021
| Business Spotlight

Happy 4 Years Rig Lynx! There is still a need for what we do We are not Facebook or LinkedIn But it seems that sometimes our feet fit the same shoe We don’t do politics, it’s easy to stop the spin Offering a place to meet up with old crew mates And for a time, we took off like a rocket But it seemed

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Rig Lynx Monthly Rundown – November Top 5

December 1, 2021
| Monthly Rundown

Here are our top 5 articles for November! It was Noble, EnerMech, Weatherford and Seadrill this month... Thanks for reading with us and we wish you a great December! Stay safe and Happy Holidays! Noble closes four jackup deal with Ades Noble Corporation announced it has completed the sale of four jackup rigs to a subsidiary of ADES International Holding Ltd. ("ADES").

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