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Month: February 2023

BOEM announces GOM lease sale 259

February 26, 2023
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The Bureau of Ocean Energy Management (BOEM) has announced it will hold an oil and gas lease sale in the Gulf of Mexico on March 29, 2023. Gulf of Mexico Oil and Gas Lease Sale 259 will offer approx. 13,600 blocks on 73.3 million acres in the Western, Central, and Eastern Planning Areas on the U.S. Outer Continental Shelf. The IRA mandated that

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Transocean sees multi-year upcycle in offshore drilling industry

February 26, 2023
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Offshore drilling is making a comeback after several challenging years, and Transocean, a major deepwater drilling contractor, expects to see a multi-year upcycle in the offshore drilling industry. “Looking back, 2022 will be remembered as a pivotal year in Transocean’s history,” said Chief Executive Officer Jeremy Thigpen in an announcement on the company’s financial results on Tuesday. “During the year, we

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Deep Value Driller ex Bolette Dolphin bareboats to Saipem

February 26, 2023
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Deep Value Driller AS announced a bareboat charter for the 7th generation mobile offshore drilling vessel "Deep Value Driller" between the Company's subsidiary, Deep Value Driller Ltd., and Saipem, an energy service group currently active in the drilling segment in West Africa, Mediterranean, US Gulf, Middle East and Norway. The Contract covers an estimated firm period of

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Wellesley granted a new drilling permit using the Deepsea Yantai

February 22, 2023
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The Norwegian Petroleum Directorate (NPD) has granted Wellesley Petroleum a drilling permit for well 35/10-10 S in production licence PL 1148. The well will be drilled at location 61° 1' 11.31'' N  3° 9' 50.05'' E by the Deepsea Yantai semi-sub. Licensees are: Wellesley Petroleum 50%; DNO Norge 30%; Aker BP 10%; Equinor 10%. Planned spud date is March 2023. Source: NPD Join our mailing list here

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AkerBP granted new drilling permit using the Scarabeo 8

February 22, 2023
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The Norwegian Petroleum Directorate (NPD) has granted Aker BP a drilling permit for well 25/2-24 S in production licence PL 919. The well will be drilled at location 59° 53' 17.64'' N  2° 23' 4.22'' E by the Scarabeo 8 semi-sub. Licensees are: Aker BP 47.7%; Equinor 40%; LOTOS Exploration and Production Norge 12.3%. Planned spud date is Feb 2023. Source: NPD Join our mailing list here

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DOF Subsea announce new contracts and extensions

February 22, 2023
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DOF Subsea has announced that an option has been exercised for the vessel Skandi Africa. The new commitment will now run until February 2025 and will commence in direct continuation with the current commitment. Skandi Africa is a high-end subsea vessel designed for harsh environment and deepwater subsea construction and flexlay operations. DOF Subsea CEO, Mons S. Aase, stated: 'Skandi Africa is

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Valaris adds on more work with recent fleet status update

February 22, 2023
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Floaters 330-day priced option exercised by Shell Nigeria Exploration and Production Company (SNEPCo) offshore Nigeria for drillship VALARIS DS-10. Following the exercise of this option, the rig is under contract through March 2024. The operating day rate for the option period is $231,000. Jackups One-year contract with an undisclosed operator offshore Trinidad for heavy duty ultra-harsh environment jackup VALARIS

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Apache terminates the Ocean Patriot

February 17, 2023
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Apache Beryl I Limited verbally informed Diamond Offshore Drilling, Inc. that it intends to exercise its option to terminate its drilling contract for the Ocean Patriot. In accordance with the terms of the drilling contract, the rig will continue to perform services under the contract until at least July 2023. Prior to the verbal termination notice, the Company had estimated that the

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