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Month: July 2022

OOS Floatel Tiradentes bags new 4 year contract with Petrobras

July 20, 2022
| Archives

Petrobras has awarded a 4-year contract to CIMC and OOS International for the OOS Tiradentes semi-submersible accommodation rig. The four-year contract award follows on from two long-term contracts previously awarded by Petrobras in 2018 and 2019 to the same vessel. OOS Tiradentes is named after a national Brazilian hero who fought for independence. Source: OER Join our mailing list here

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Congo offers up 30 oil and gas blocks for licensing

July 20, 2022
| Archives

Democratic Republic of Congo will offer 27 oil blocks and three gas blocks, nearly double as many as previously planned, in a licensing round next week, the hydrocarbons ministry said on Monday. Congo, a leading miner of copper, cobalt, gold and diamonds, has long aimed to boost its oil sector and is believed to have sizeable reserves. Output

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CNOOC Bidding Blocks Offshore China in 2022

July 20, 2022
| Archives

CNOOC has issued the following Announcement of Notification for Bidding Blocks Offshore China of 2022: Thirteen (13) Offshore China Exploration Blocks covering an area of 17,205km2 are available for bidding in 2022, among which one (1) block is located in Bohai Bay with the acreage of 330km2, eleven (11) blocks are located in Pearl River Mouth Basin with the acreage of 16,235km2, and one (1) block is located

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Sonatrach led consortium readies new prospects in Berkine basin

July 20, 2022
| Archives

Eni signed with SONATRACH, Oxy and TotalEnergies a new PSC for Blocks 404 and 208 in Algeria. These blocks are located onshore in the prolific Berkine basin, in Eastern Algeria, an area where Eni has been present since the 80s. The contract, signed under Algeria’s new hydrocarbon law of 2019, will allow the partners to boost investments, increasing the fields’ hydrocarbons reserves while extending their

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Solstad announces more contracts

July 18, 2022
| Archives

Normand Cutter has been awarded a contract with Ocyan in South America for a firm charter period of 460 days with the possibility of further 480 days extension. Commencement of the contract will take place in Q4 2022. Normand Cutter will provide support including ROV services for decommissioning activities in South America. Subtec has exercised their option to

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Worley awarded 3 year contract by Shell to provide engineering and procurement services

July 18, 2022
| Archives

Worley has been awarded a three-year contract by Shell to provide engineering and procurement services for several of its assets in the Gulf of Mexico. Worley will provide professional services in engineering, procurement, project services and support fabrication and construction, supporting Shell’s transition to a digitized and more efficient project delivery model for continued maintenance and improvements of its offshore assets. This aligns with Shell’s work

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EnerMech secures over USD 128 million in new contract wins

July 18, 2022
| Archives

Global integrated solutions specialist EnerMech has secured several OPEX and CAPEX contracts in core and new markets totaling (USD)$128 million across its Africa, Middle East and Caspian locations. This success follows a program of strategic growth activities including a new equipment investment of approx. (USD) $10 million, signing several in-country joint ventures and partnerships, and a major recruitment drive expanding the EnerMech team of local hires

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North America Rig Count: U.S. +4 to 756 Canada +16 to 191

July 16, 2022
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +4 to 756 rigs U.S. Rig Count is up 4 from last week to 756 with oil rigs up 2 to 599, gas rigs unchanged at 153 and miscellaneous rigs up 2 to 4. U.S. Rig Count is up 272 rigs from last year's count of 484 with oil rigs up 219, gas rigs

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Pemex awards jackup contract to Perforadora Central

July 15, 2022
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry, noted that Pemex has awarded a charter for 534 days to Perforadora Central jackup Uxpanapa. Operations are scheduled to begin in August 2022. This should keep the rig busy into Q1 2024. Prior to this award, Uxpanapa had been idle since the end

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Trinidad and Tobago announces 2022 Onshore and Nearshore Competitive Bid Round

July 15, 2022
| Archives

The Government of the Republic of Trinidad and Tobago invites stakeholders’ participation in its 2022 Onshore and Nearshore Competitive Bid Round. This bid round contains eleven (11) blocks, namely Aripero, Buenos Ayres, Charuma, Cipero, Cory D, Cory F, Guayaguayare, South West Peninsula Onshore, St. Mary’s and Tulsa, located in the Central to Southern onshore acreage of Trinidad and South West Peninsula Offshore, located off the

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