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

Month: February 2023

Top 10 O&G Articles from 2022

February 5, 2023
| Archives

1. Noble and Maersk announce executive management team Noble Corporation and Maersk Drilling announced the executive management team became effective after the closing of the business combination announced on November 10, 2021. https://riglynx.com/noble-corp-announce-closing-of-merger-with-maersk-drilling 2. New life for stacked Seadrill Sevan rigs New Fortress Energy bought two of Seadrill’s Sevan rigs, the Sevan Brasil and Sevan Driller, for conversation to gas production

Read More...

Stena awarded work for the Stena Spey

February 5, 2023
| Archives

Stena Drilling announced a new Contract with Ithaca Energy (UK) Limited for Mobile Offshore Drilling Unit (MODU) Stena Spey. The operations for Stena Spey in UKCS are due to commence between 1st June 2023 and 1st September 2023 for a firm scope of one (1) well. Source: Stena Drilling Join our mailing list here

Read More...

Guyana’s third FPSO Prosperity on track for delivery

February 2, 2023
| Archives

The Prosperity FPSO will be the third of four FPSOs Keppel is undertaking for deployment in Guyana. Keppel Offshore & Marine’s (Keppel O&M) wholly-owned subsidiary Keppel Shipyard is on track to deliver a mega Floating Production Storage and Offloading vessel (FPSO) to SBM Offshore in 1Q 2023. This is the third FPSO that Keppel Shipyard is delivering to SBM Offshore and will be chartered to

Read More...

Northern raises arbitration cash for drillship cancellation

February 2, 2023
| Archives

The Company is pleased to announce that the Private Placement has been successfully placed, and that it has allocated 3,214,806 new shares (the “New Shares”) at a subscription price per New Share of NOK 31.00 (the “Subscription Price”), raising approx. USD 10 million in gross proceeds. The net proceeds from the Private Placement will be used to cover

Read More...

Energy services sector set to grow to $1 trillion in 2025

February 1, 2023
| Archives

Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several years thereafter. Helped by strong growth in the midstream part of the industry to liquefy, transport, and re-gasify natural gas, overall oil and gas spending will stay above $920 billion annually on

Read More...

Transocean awarded work for KG2 offshore Brazil

February 1, 2023
| Archives

Transocean Ltd. announced that the ultra-deepwater drillship, Dhirubhai Deepwater KG2, has been awarded a 910-day contract by a national oil company for work offshore Brazil. The estimated backlog of $392 million excludes a mobilization fee of 90 times the contract dayrate. The new contract is expected to commence in the third quarter of 2023. Source: Transocean Join our mailing list here

Read More...

QatarEnergy joins TotalEnergies and Eni offshore Lebanon

February 1, 2023
| Archives

TotalEnergies and Eni have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off the coast of Lebanon. The agreements were endorsed in Beirut on January 29, during a ceremony attended by His Excellency Dr. Walid Fayad, the Minister of Energy and Water of Lebanon; His Excellency Mr. Saad Sherida Al-Kaabi, Qatar’s Minister of State for Energy Affairs and President and

Read More...

Ocyan puts the West Capricorn to work

February 1, 2023
| Archives

Ocyan signed an operating contract with PRIO (formerly PetroRio) for the use of the West Capricorn rig for 730 days. Activities are expected to start in August 2023. For the execution of this contract, 160 jobs are planned for Ocyan members, all in offshore positions. At the moment, the rig is in Trinidad & Tobago and will

Read More...