+1(833) 396-4204 info@riglynx.com
Menu

Month: March 2022

Sample Image

The Weekly Rundown – March 28

March 28, 2022
| The Weekly Rundown

Get all the trending oil and gas news, rig counts and prices right here, each week with your host Greg Williams, Founding Partner of Rig Lynx. For March 28 -Shell tenders for deepwater drillship offshore Brazil -Murphy estimates up to 1 billion barrels in Brazil oil prospect  -Greatship jackup pair land long term contract with ONGC -Saipem will launch a 2 billion

Read More...

KCA Deutag sells drilling assets in Nigeria

March 25, 2022
| Archives

As part of its growth strategy to optimize the business and focus investments in core markets such as the Middle East, global drilling, engineering and technology provider KCA Deutag has completed the sale of its land drilling business in Nigeria for $18m. The sale includes five drilling rigs. Geoplex Drillteq Limited has purchased the rigs and will

Read More...

Seadrill changes out President before bankruptcy exit

March 25, 2022
| Archives

The Board of Seadrill Limited (“Seadrill” or the “Company”) is pleased to announce the appointment of Simon Johnson as President and Chief Executive Officer. Mr. Johnson will replace Stuart Jackson as President and Chief Executive Officer with immediate effect. Julie Robertson, Chair of the Board of Seadrill, commented: “On behalf of the Board of Seadrill, I would like to thank

Read More...

Diamond Offshore approved to relist with NYSE

March 25, 2022
| Archives

Diamond Offshore Drilling, Inc. announced that the Company has received approval to relist its unrestricted common stock on the New York Stock Exchange (NYSE) under the ticker symbol "DO." The Company expects the common stock to commence trading on or about Wednesday, March 30, 2022. Bernie Wolford, Jr., President and Chief Executive Officer, stated, "We are excited to return to the

Read More...

Shell tenders for deepwater drillship offshore Brazil

March 25, 2022
| Archives

Shell intends to carry out a new exploratory campaign in Brazil in 2023, with the drilling of at least two wells in the Campos and Santos basins. The oil company launched a bid to charter a rig. Some companies, however, have already informed that they are not available to attend the campaign. Shell does not specify the areas

Read More...

DOF Subsea lands work with Woodside

March 25, 2022
| Archives

 DOF Subsea Australia has been awarded Woodside’s Enfield XT Retrieval and Offshore Support Services. The campaign execution will involve the recovery of 18 Subsea XTrees, 18 Flowbases and associated spool sections, one wellhead severance and recovery of up to 18 Temporary Guide Bases at the Enfield Field, Australia. The contract includes Project Management, Engineering, Fabrication, and decommissioning Services and is expected

Read More...

Stena and Exxon finish up on Glaucus 2 offshore Cyprus

March 25, 2022
| Archives

The Cyprus Ministry of Energy, Trade and Industry has announced that the Glaucus-2 appraisal well in Block 10 of the Exclusive Economic Zone of the Republic of Cyprus, has been successfully and safely completed. The drilling operations, which included production tests, were carried out by ExxonMobil and Qatar Petroleum International Upstream. The drilling demonstrated the presence of a gas reservoir with high quality characteristics. The consortium

Read More...

Saipem will launch a 2 billion euro cash call

March 25, 2022
| Archives

Saipem will launch a 2 billion euro ($2.2 billion) capital increase this year and sell assets to help fund a turnaround plan to bring the troubled Italian energy services group back into the black. The company stunned investors in January when it downgraded earnings by a billion euros due to a significant deterioration of margins on contracts including offshore

Read More...

Greatship jackup pair land long term contract with ONGC

March 23, 2022
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry, noted that Greatship jackups Greatdrill Chitra and Greatdrill Chaaya have received new awards which will extend their ongoing engagement with ONGC offshore India. Greatdrill Chitra has received an award for 3 years with commencement expected in late December 2022 or early January

Read More...