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Author: Admin

Tellurian closes on EnSight assets in Haynesville

August 23, 2022
| Archives

Tellurian Inc. announced that its wholly owned subsidiary, Tellurian Production LLC (TPC), has closed the previously announced acquisition of certain assets in the Haynesville from privately held EnSight IV Energy Partners, LLC and EnSight Haynesville Partners, LLC. The cash consideration at closing was $125.5 million, revised from the announced $125 million due to preliminary purchase price adjustments.

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Sapura scraps 3 drilling rigs

August 23, 2022
| Archives

Malaysian firm Sapura Power has agreed to promote three tender-assisted drilling rigs to NKD Maritime Restricted for an mixture money consideration of $8.2 million. “The disposal of the rigs was carried out by means of tender train. Based mostly on a casual market survey, the honest market worth couldn’t be obtained for the rigs as there is no

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DOF lands contract extensions with Petrobras worth $253 million

August 23, 2022
| Archives

DOF announced that Petrobras has extended the contracts and awarded new long-term charter and service contracts to Norskan Offshore Ltda. and DOF Subsea Brasil Servicos Ltda. for the vessels; Skandi Chieftain, Skandi Olympia and Skandi Commander. All contracts include vessels and ROVs and are for a period of three years. The contracts on Skandi Chieftain and Skandi Olympia

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APA finds oil in Baja-1 offshore Suriname

August 23, 2022
| Archives

APA Corp the parent company of oil and gas producer Apache, said it had discovered oil offshore Suriname at Baja-1 in Block 53 and abandoned the Dikkop well in Block 58 after striking water-bearing sandstones there. The well was drilled with Noble’s ultra deepwater drillship Gerry de Souza. Exploration off the South American country is being watched closely as it

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Eni and TotalEnergies make significant find offshore Cyprus

August 23, 2022
| Archives

TotalEnergies of France and Italy's Eni announced a significant natural gas discovery at the Cronos-1 well off Cyprus. Preliminary estimates indicate about 2.5 tcf of gas in place, with significant additional upside that will be investigated by a further exploration well in the area," Eni said in a statement regarding the latest discovery. The well was drilled by Vantage Drilling’s ultra

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North America Rig Count: U.S. -1 to 762 Canada unchanged at 201

August 19, 2022
| Weekly Rig Count

Baker Hughes Rig Count: U.S. -1 to 762 rigs U.S. Rig Count is down 1 from last week to 762 with oil rigs unchanged at 601, gas rigs down 1 to 159 and miscellaneous rigs unchanged at 2. U.S. Rig Count is up 259 rigs from last year's count of 503 with oil rigs up 196, gas rigs up

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Well-Safe adds Trendsetter Intervention System to the Guardian

August 19, 2022
| Archives

Well decommissioning experts Well-Safe Solutions have partnered with Trendsetter Engineering, Inc. to fit the Well-Safe Guardian semi-submersible rig with the Trident Intervention System. Featuring a compact yet powerful design, the Trident is an effective single-system solution which can be configured for hydraulic intervention, riserless light well intervention and open water intervention riser operations. The partnership provides Well-Safe Solutions with exclusive access to the system in the

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ONGC and ExxonMobil partner up

August 19, 2022
| Archives

Oil and Natural Gas Corporation (ONGC) has signed a Heads of Agreement (HoA) with global petroleum giant ExxonMobil for deepwater exploration in India's East and West coasts. The Heads of Agreement document was signed in the Ministry of Petroleum & Natural Gas on 17 August 2022 by Shri Rajesh Kumar Srivastava, Director (Exploration), ONGC  and Dr. Monte K Dobson, CEO & Lead Country

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Maersk publishes fleet status update

August 19, 2022
| Archives

Commercial activity in Q2 2022: Maersk Resolute ONE-Dyas B.V. has exercised an option to employ the harsh environment jack-up Maersk Resolute in the Dutch sector of the North Sea. The contract extension commenced in June 2022, in direct continuation of the rig’s previous work scope, with an estimated duration of 75 days. The firm contract value of

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Solstad gets work from Equinor and Enauta

August 16, 2022
| Archives

Equinor has the option to extend the contract with further 1 year thereafter. Normand Ferking has been on contract with Equinor since 2007 and will continue to support their activities on the Norwegian Continental Shelf. In addition, AHTS Normand Topazio has been fixed to Enauta Energia S.A in Brazil.for 300 days firm plus 220 days of options. Commencement

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