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Guyana re-launches search for company to market government’s crude

July 13, 2021
| Archives

Guyana is re-launching a search for a company to market the government’s share of crude oil produced off the South American country’s coast to make the tender process “simpler and more competitive,” the natural resources minister said on Monday. According to the notice published late last week, companies will have until Aug. 3 to submit their bids to

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ReconAfrica and NAMCOR granted seismic permit for Namibias Kavango basin

July 12, 2021
| Archives

Reconnaissance Energy Africa (ReconAfrica) announced that the Republic of Namibia’s Ministry of Environment, Forestry and Tourism has issued the Environmental Clearance Certificate (ECC) for the initial 2D seismic program to be conducted in the Petroleum Exploration License No 73 in the Kavango East and West regions of NE Namibia. ReconAfrica will commence logging and coring operations designed to

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Woodside completes acquisition of FAR’s interest in Sangomar offshore Senegal

July 12, 2021
| Archives

Australian oil and gas company Woodside Energy has completed the acquisition of the entire participating interest of oil company FAR in the offshore area in Senegal containing the Woodside-operated Sangomar development. The purchase price for FAR’s stake in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture was $45 million, plus a working capital

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Aker Carbon Capture Launches Carbon Capture as a Service

July 12, 2021
| Archives

Aker Carbon Capture has launched Carbon Capture as a Service; Carbon capture made easy, an integrated offering that covers everything a customer needs to reduce emissions by CCS. 'Now is the time to bring the full value chain together to enable source-to -storage decarbonization. With our offering, customers will simply pay per tonne captured CO2. We will handle the

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Western Gas awards Valaris MS 1 drilling contract offshore Australia

July 12, 2021
| Archives

Western Gas has awarded Valaris a one well contract for the Valaris MS-1 mobile offshore drilling unit (MODU). The MS-1 is a 6th generation deepwater semisubmersible MODU currently operating in waters off the Carnarvon Basin, Western Australia. Drilling will commence at the earliest in mid-February 2022, subject to approvals, with an estimated total campaign duration of 25

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Woodside awards Valaris with 16 well contract

July 12, 2021
| Archives

Valaris Limited announced today that it has been awarded a 16-well contract with Woodside offshore Australia for semisubmersible, VALARIS DPS-1. The contract is expected to commence late in the first quarter or early in the second quarter of 2022 with an estimated duration of 300 days. Source: Valaris Join our mailing list here

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Rig Lynx Weekly Rundown – Borr shows 40 plus jackups needed to fill potential demand for 2022

July 12, 2021
| Weekly Rundown

Borr shows 40 plus jackups needed to fill potential demand for 2022 Borr Drilling released its new investor presentation and it shows a potential demand of 40+ jackups units needed to fill prospect regions heading out of 2021 into 2022 Read More Constellation bags 3 year contract with Petrobras Constellation was awarded a new contract with Petrobras for the ultra-deepwater drillship

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Valaris JU140 gets extended by Aramco

July 9, 2021
| Archives

Valaris Limited announced that it has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup. The extension is in direct continuation of the existing contract and, as a result, the VALARIS JU-140 is now expected to be under contract through the end of 2021. Source: Valaris Join our mailing list here

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Maersk awarded extension on the Intrepid

July 9, 2021
| Archives

Equinor Energy AS has exercised an option to add additional well intervention work to the previously agreed work scope for the low-emission jack-up rig Maersk Intrepid at the Martin Linge field offshore Norway. The added well intervention scope has a firm duration of 31 days, which means that the rig is now contracted until February 2022. The firm value

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