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Month: December 2022

Constellation awarded new contract for the Brava Star offshore Brazil

December 13, 2022
| Archives

Constellation announced a new contract for the Brava Star via social media It is with great pleasure that we have communicated the signing of a new contract for our Brava Star drillship. With this achievement, we guarantee all our rigs contracted and operating during the year 2023. In this way, Constellation confirms its leading position in the Brazilian

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TotalEnergies contracts the Deepsea Mira

December 13, 2022
| Archives

Northern Ocean Ltd. (“Northern Ocean” or the “Company”) is pleased to announce a contract award for Deepsea Mira with a subsidiary of TotalEnergies SE for work outside of the Norwegian Continental Shelf on a multi country drilling program, initially commencing in West Africa. The contract is expected to commence in the middle of the 2nd Quarter 2023

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International Rig Count Down 1 to 910 Units

December 6, 2022
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for November is 910, is down 1 unit from the count in November and up 93 units from the 817 counted in November 2021. Latin America is down 3 units to 185 from the October count of 188 and is up 30 units year over year. The

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Perenco announces discovery offshore Congo

December 6, 2022
| Archives

Oil and gas company Perenco has said it has discovered oil in the Tchibeli North East pre-salt Vandji exploration prospect on the Perenco-operated PNGF Sud license, offshore Congo. Perenco said that good oil and gas shows were recorded on entry into the reservoir, and a 75-meter oil column was interpreted on logs.  “A test of these zones produced at

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Eni in preliminary talks to buy Neptune Energy for $5-6 bln

December 6, 2022
| Archives

Eni is in preliminary talks to buy private-equity backed gas and oil producer Neptune Energy for around $5 billion -$6 billion, a source with knowledge of the matter said on Wednesday, adding that no official bid had been submitted. Neptune produces around 130,000 barrels of oil equivalent per day (boed), three-quarters of which is gas. It has operations in

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Norway to postpone oil and gas licensing round

December 6, 2022
| Archives

Norway will not issue licences for energy companies to explore for oil and gas in frontier areas during the life of the current parliament, which ends in 2025, its oil and energy minister told Reuters. The decision to postpone the so-called 26th licensing round was part of the minority government's budget deal with the opposition Socialist Left Party

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ARO Drilling announce contract extensions

December 6, 2022
| Archives

ARO Drilling announced via social media that they secured 3 year contract extensions with Saudi Aramco for Rig BB 84 commencing December 2022 and Rig ED 85 commencing in February 2023. Both jackups are bareboat charted to ARO Drilling from Valaris Source: ARO Drilling Join our mailing list here

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Saipem exercises purchase option for the Santorini

December 6, 2022
| Archives

Saipem has exercised its purchase option concerning the seventh-generation Santorini drillship, which is already operating within the Saipem fleet by way of a long-term charter agreement signed with Samsung Heavy Industries in 2021. The exercise price of the purchase option is 230 million USD, to be paid by the end of 2022. The Santorini, whose construction was completed in

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