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Month: January 2022

Maersk keeps the Reacher busy with 21 month contract award

January 20, 2022
| Archives

Maersk Drilling has been awarded a contract with TotalEnergies E&P Denmark which will employ the high-efficiency jack-up rig Maersk Reacher for well intervention services in the Danish North Sea. The contract is expected to commence in July 2022, with a duration of 21 months. The contract includes options to extend the duration by up to 27 additional months. 'We’re happy to build further

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Chesapeake talking with Chief Oil & Gas on a $2.4 billion deal

January 20, 2022
| Archives

Chesapeake Energy Corp. is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas Inc. for about $2.4 billion including debt, Reuters reported, citing people familiar with the matter. A deal could be announced as soon as this week, Reuters said. The news agency reported in October that Chief Oil & Gas was exploring

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Wintershall Dea exits Brazil

January 18, 2022
| Archives

Wintershall Dea has decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. The termination of its operations in the country will be made in accordance with all contractual and legal regulations. 'This decision is the result of a very thorough analysis of our global portfolio

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Kosmos Winterfell 2 appraisal well a success

January 18, 2022
| Archives

Kosmos Energy has announced completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The Winterfell-2 well (Kosmos working interest ~16.4%), was drilled to evaluate the adjacent fault block to the northwest of the original Winterfell discovery and was designed to test two horizons that were oil bearing in the Winterfell-1

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Transocean Enabler selected for Northern Lights Carbon Transport and Storage Project

January 18, 2022
| Archives

Transocean has announced that later this year as part of its current drilling contract with Equinor, the Transocean Enabler will drill one carbon injection well and a sidetrack for another carbon injection well drilled early 2020 in support of the Northern Lights Carbon Capture Storage Project, a joint venture created by Equinor, Shell and TotalEnergies. The project sets out to mitigate emissions and remove carbon dioxide

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Norway’s Ministry of Petroleum offered up 53 new production licenses in APA 2021

January 18, 2022
| Archives

Norway's Ministry of Petroleum and Energy has offered 53 new production licenses on the Norwegian continental shelf in the licensing round APA 2021. 'The petroleum industry contributes with large revenues, value creation and jobs across the country. I am therefore happy to offer 53 new production licenses in the predefined areas. Further exploration activity and new discoveries are crucial to develop the

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Brazil environment group grants Shell 5 year operating license in Campos Basin

January 18, 2022
| Archives

The Brazilian Institute of the Environment (IBAMA) granted the operating license for Shell to carry out the drilling activity in block C-M-791, in the Campos Basin. The document is valid for 5 years and authorizes the drilling of up to three exploratory wells in the region. Drilling in the block will be carried out by the drillship West

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Rig Lynx Weekly Rundown – Saipem awarded offshore contracts in excess of 1 billion USD

January 17, 2022
| Weekly Rundown

Saipem awarded offshore contracts in excess of 1 billion USD  Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Read More Maersk Valiant grabs another well offshore Suriname with TotalEnergies  TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work

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Maersk publishes no objection by NCA for merger with Noble Corp

January 17, 2022
| Archives

As previously disclosed on 10 November 2021, the business combination between The Drilling Company of 1972 A/S ('Maersk Drilling') and Noble Corporation is conditioned on, among other things, clearance by antitrust and foreign direct investment authorities in the United Kingdom, Norway and Denmark, as well as certain other jurisdictions as agreed between the parties. The Parties were recently advised that the Norwegian Competition Authority (Konkurransetilsynet) has reviewed the Business Combination application pursuant to the filings

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Maersk rig swap adds $29 million to backlog

January 17, 2022
| Archives

Maersk Drilling and Aker BP have entered into a rig swap agreement whereby the jack-up rig Maersk Reacher is to be replaced by the low-emission jack-up rig Maersk Integrator offshore Norway end-February/early March 2022. Maersk Integrator will be prepared for well intervention and stimulation activities at the Valhall and Hod fields. The previously announced Maersk Reacher work scope will accordingly be transferred on to

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