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KCA Deutag bags 10 year newbuild deal for 4 rigs

January 30, 2022
| Archives

Petroleum Development Oman (PDO) will award KCA Deutag Energy a ten-year contract for the provision of drilling services with four new highly automated rigs that will be built in the Sultanate of Oman. The project enhances an existing strong relationship between the two companies. The ten-year contract comes with options to extend for a further two years and, with those options included, has

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Valaris awarded new floater contract from Murphy

January 20, 2022
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Valaris has been awarded two one-well contracts with subsidiaries of Murphy Oil Corp for semisubmersible VALARIS DPS-5. The first contract is in the U.S. Gulf of Mexico and is expected to commence in the third quarter 2022 with a minimum duration of 30 days. This contract has a one-well option with an estimated duration of 90 days. The second contract, offshore Mexico, will commence in

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Maersk keeps the Reacher busy with 21 month contract award

January 20, 2022
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Maersk Drilling has been awarded a contract with TotalEnergies E&P Denmark which will employ the high-efficiency jack-up rig Maersk Reacher for well intervention services in the Danish North Sea. The contract is expected to commence in July 2022, with a duration of 21 months. The contract includes options to extend the duration by up to 27 additional months. 'We’re happy to build further

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Chesapeake talking with Chief Oil & Gas on a $2.4 billion deal

January 20, 2022
| Archives

Chesapeake Energy Corp. is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas Inc. for about $2.4 billion including debt, Reuters reported, citing people familiar with the matter. A deal could be announced as soon as this week, Reuters said. The news agency reported in October that Chief Oil & Gas was exploring

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Wintershall Dea exits Brazil

January 18, 2022
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Wintershall Dea has decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. The termination of its operations in the country will be made in accordance with all contractual and legal regulations. 'This decision is the result of a very thorough analysis of our global portfolio

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Kosmos Winterfell 2 appraisal well a success

January 18, 2022
| Archives

Kosmos Energy has announced completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The Winterfell-2 well (Kosmos working interest ~16.4%), was drilled to evaluate the adjacent fault block to the northwest of the original Winterfell discovery and was designed to test two horizons that were oil bearing in the Winterfell-1

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Transocean Enabler selected for Northern Lights Carbon Transport and Storage Project

January 18, 2022
| Archives

Transocean has announced that later this year as part of its current drilling contract with Equinor, the Transocean Enabler will drill one carbon injection well and a sidetrack for another carbon injection well drilled early 2020 in support of the Northern Lights Carbon Capture Storage Project, a joint venture created by Equinor, Shell and TotalEnergies. The project sets out to mitigate emissions and remove carbon dioxide

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Norway’s Ministry of Petroleum offered up 53 new production licenses in APA 2021

January 18, 2022
| Archives

Norway's Ministry of Petroleum and Energy has offered 53 new production licenses on the Norwegian continental shelf in the licensing round APA 2021. 'The petroleum industry contributes with large revenues, value creation and jobs across the country. I am therefore happy to offer 53 new production licenses in the predefined areas. Further exploration activity and new discoveries are crucial to develop the

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Rig Lynx Weekly Rundown – Saipem awarded offshore contracts in excess of 1 billion USD

January 17, 2022
| Weekly Rundown

Saipem awarded offshore contracts in excess of 1 billion USD  Saipem has been awarded two new offshore contracts in Australia and Guyana, for a total amount of 1.1 billion USD. Read More Maersk Valiant grabs another well offshore Suriname with TotalEnergies  TotalEnergies E&P Suriname, Suriname Branch has exercised an option to add the drilling of one additional well in Block 58 offshore Suriname to the work

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