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Author: Admin

Ventura bags two rig contracts with Petrobras

December 30, 2021
| Archives

Ventura (Petroserv) will secure two new charter contracts with Petrobras in January. The oil company decided to hire the semi-submersible Victoria and the drillship Carolina, offered in the tender for 2,400 m. The rig company won the batch B bidding process, aimed at chartering units without MPD. The rates presented by Ventura were around US$ 200 thousand/day. The signing

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TotalEnergies wins new block in Campos Basin

December 29, 2021
| Archives

Total, operator, and its co-venturers Qatar Petroleum and Petronas have won the C-M-541 deep offshore block in the 16th Bidding Round held by Brazil’s National Petroleum Agency (ANP). The acreage is located in the pre-salt Campos Basin in a water depth of about 3,000 meters. “Total is pleased to expand its footprint in the Campos Basin with this new

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Solstad adds on more work in Brazil

December 29, 2021
| Archives

Solstad Offshore ASA has been awarded a new contract with Petrobras for the AHTS BOS Turquesa. The contract is 3 years firm, with options thereafter, for supporting exploration and production activities in Brazilian continental shelf. Commencement of the contract will take place in Q1-2022. Source: Solstad Join our mailing list here

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Exxon spuds in Glaucus-2 offshore Cyprus

December 29, 2021
| Archives

The Ministry of Energy, Commerce, and Industry announced that ExxonMobil has spudded the Glaucus-2 exploration well in Block 10, offshore Cyprus in the Eastern Mediterranean. The well is being drilled by the Stena Forth, a 6th Generation Harsh Environment dual-activity dynamically positioned (DP3) drillship, capable of drilling in water depths up to 10,000ft. In February 2019, ExxonMobil announced a natural gas discovery offshore

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Rig Lynx Weekly Rundown – Vantage Drilling sells 3 jackups to ADES and pursues global strategic alliance

December 29, 2021
| Weekly Rundown

Vantage Drilling sells 3 jackups to ADES and pursues global strategic alliance Vantage Drilling International has agreed to sell to ADES Arabia all of the issued and outstanding equity of VHI’s wholly-owned subsidiary, Emerald Driller Company for a purchase price of US $170 million cash. Read More Vantage puts the Tungsten Explorer back to work in Egypt In a recent press release

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North America Rig Count: U.S. adds 7 and Canada drops 34

December 23, 2021
| Weekly Rig Count

Baker Hughes Rig Count: U.S. +7 to 586 rigs U.S. Rig Count is up 7 from last week to 586 with oil rigs up 5 to 480, gas up 2 to 106, and miscellaneous rigs unchanged at 0. U.S. Rig Count is up 238 rigs from last year's count of 348, with oil rigs up 216 gas rigs up

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Aker Solutions finalizes decom deal offshore Norway

December 23, 2021
| Archives

Reference is made to the stock exchange announcement on March 18, 2021, where Aker Solutions announced receiving a letter of intent for decommissioning work in Norway. Aker Solutions has now formally signed a sizeable(1) award with Heerema Marine Contractors. The scope includes reception, dismantling and recycling of three offshore installations from the Heimdal and Veslefrikk fields. The objective is to recycle about

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Australia court rejects climate activist claim and grants drilling permit

December 23, 2021
| Archives

An Australian court declared void on Thursday grants the federal government made to a subsidiary of Empire Energy Group for exploration drilling in the Beetaloo shale basin in the Northern Territory, but allowed them to be re-issued. The grants can be re-issued by Resources Minister Keith Pitt as the court rejected challenges to the government’s Beetaloo drilling grants

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Global oil and gas discoveries hits lowest level in 75 years

December 22, 2021
| Archives

Global oil and gas discoveries in 2021 are on track to hit their lowest full-year level in 75 years should the remainder of December fail to yield any significant finds, Rystad Energy analysis shows. As of the end of November, total global discovered volumes this year are calculated at 4.7 billion barrels of oil equivalent (boe) and, with no

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Deepsea Yantai gets work from Longboat Energy

December 22, 2021
| Archives

Longboat Energy has announced that a rig contract has been signed for the drilling of the Copernicus exploration well (Company 10%). Copernicus (PL 1017) will be drilled using the Deepsea Yantai and is expected to be drilled between June and September 2022. The prospect lies on the Utgard High in the Vøring Basin region of the Norwegian Sea and the prospect is a combination trap with mapped stratigraphic pinch out down-dip and a small structural component

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