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Semco Maritime awarded 5 year deal with TotalEnergies

November 13, 2022
| Archives

TotalEnergies has awarded Semco Maritime a 5-year contract for the provision of manpower and construction service on offshore installations in the Danish part of the North Sea. The contract covers November 2022 - October 2027 and strengthens the long-standing strategic collaboration with TotalEnergies. The contract builds on years of constructive cooperation including the ongoing re-development of the Tyra field and establishes a

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Exxon announces find offshore Angola

November 9, 2022
| Archives

The National Agency for Petroleum, Gas and Biofuels (ANPG), ExxonMobil Angola and the Angola Block 15 partners have announced a new discovery at the Bavuca South-1 exploration well. Eighteenth discovery in Angola Block 15, first in nearly 20 years The well encountered 30 meters (98 feet) of high-quality, hydrocarbon-bearing sandstone. It is located approx. 365 kms northwest off the coast of Luanda and was

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Guyana announces inaugural offshore oil and gas licensing round

November 8, 2022
| Archives

The Government of Guyana through the Ministry of Natural Resources has announced that fourteen (14) oil blocks have been identified and will be auctioned for the nation’s first-ever competitive offshore oil and gas licensing round. The ministry is pleased to announce too that a wave of enhanced fiscal terms will guide all future offshore investments should projects reach to production stage. As part of this

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Energean announces discovery offshore Israel

November 8, 2022
| Archives

Energean has made a commercial discovery at its Zeus exploration well off the coast of Israel and upgraded its neighboring Athena discovery. Athena could be linked to the floating production and storage vessel (FPSO) Energean uses to send gas to the Israeli market from its flagship Karish field. Energean has also floated the idea of a new development of

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Velesto awarded 14 well deal for Naga 5

November 8, 2022
| Archives

Velesto Energy announced that it has received a Letter of Award from Hess Exploration for the provision of Integrated Rig, Drilling and Completion (“I-RDC”) Services for 2022 to 2024 North Malay Basin Full Field Development Campaign, with an estimated Contract value of USD135 million. Velesto will assign its jack-up rig NAGA 5 for this Contract. The Contract is

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Kosmos & partners sign rig commitment letter for mid-2023

November 8, 2022
| Archives

During the third quarter of 2022, Kosmos completed the acquisition of an additional 3.2% interest in the Winterfell area in Green Canyon Blocks 943, 944, 987 and 988 and an additional 1.4% interest in Green Canyon Blocks 899 and 900. The acquisition takes Kosmos' overall interest in Winterfell to 25% in total. The Winterfell partners signed the field development plan in September

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Diamond awarded four year deal for the Ocean Courage

November 8, 2022
| Archives

Diamond Offshore announced during it’s Q3 earnings update that it received notification of award of a new drilling program with Petrobras in Brazil for the Ocean Courage. The Ocean Courage was awarded a four-year project with an unpriced option for an additional four years. The total estimated value of the firm term of the award is approximately

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International rig count up 111 units from a year ago

November 6, 2022
| International Rig Count

Baker Hughes issued their international rig count data, here is the breakdown: The international rig count for September is 911, up 32 units from the count in September and up 111 units from the 800 counted in October 2021. Latin America is up 8 units to 188 from the September count of 180 and is up 36 units year over year. The Asia-Pacific

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