+1(833) 396-4204 info@riglynx.com
Menu

Author: Admin

Tom Prosser commences operations in Carnarvon Basin

December 16, 2021
| Archives

Carnarvon Energy has provided an update on its near-term drilling program as advised by the operator, Santos. The Noble Tom Prosser jack-up drilling rig has commenced operations in the Carnarvon Basin. At the completion of these operations, anticipated to be mid-January 2022, the drilling rig will be mobilized to the Pavo-1 site. On current planning, Pavo-1 is scheduled to commence in mid-late January, 2022. The Pavo-1 well will target the primary Caley to Crespin interval, similar to that intersected in the nearby Dorado field. It

Read More...

Five companies apply to store CO2 on the Norwegian continental shelf

December 16, 2021
| Archives

The Ministry of Petroleum and Energy has received applications from five companies in connection with the announcement of two areas associated with injection and storage of CO2 on the Norwegian continental shelf. These companies are Norske Shell, Equinor, Horisont Energi, Northern Lights and Vår Energi. The Norwegian Petroleum Directorate will advise the Ministry in connection with the application process. Source: NPD Join our mailing list here

Read More...

The outlook for awards is improving – Petrofac CEO

December 16, 2021
| Archives

Petrofac has won new contracts worth $1.5 billion in the second half of the year while flagging lower annual revenue on weakness at its largest division. Petrofac reached a settlement with Britain's Serious Fraud Office (SFO) in September after a four-year investigation, which had hindered its ability to secure contracts in key Middle Eastern markets "Our priority is now to

Read More...

Strength and Endurance

December 15, 2021
| Memes

When it comes to focus, especially in a high risk industry, it pays to have all the help you can get...  Join our mailing list here

Read More...

Savannah Energy signs share purchase agreement with Exxon and Petronas for Chad and Cameroon

December 15, 2021
| Archives

Savannah Energy PLC. announced that it has signed a Share Purchase Agreement (SPA) with Exxon Mobil Corporation, ExxonMobil International Holdings, Inc. and Esso Exploration Holdings, Inc. (Exxon) and has separately signed an SPA with PETRONAS (E&P) Overseas Ventures SDN. BHD. relating to the purchase of each of their entire upstream and midstream asset portfolios in Chad and

Read More...

Stena Don arrives on location for Chariot

December 15, 2021
| Archives

Chariot has announced that the Stena Don drilling rig has now arrived on location in the Lixus licence, offshore Morocco, to carry out drilling operations on the Anchois gas development project. Chariot has a 75% interest and operatorship of Lixus in partnership with the Office National des Hydrocarbures et des Mines ('ONHYM') which holds a 25% interest. Operations to drill

Read More...

Helix locks in well intervention extension offshore Brazil

December 15, 2021
| Archives

Helix Energy Solutions Group, Inc. announced that it has entered into an extension of its well intervention charter and services contracts for the Siem Helix 2 offshore Brazil with Petrobras. The initial four-year contract for the Siem Helix 2 has been extended by one year at a reduced rate reflective of the current market. The Siem Helix 2 is now set to remain under

Read More...

Deepwater exploration set to prevail 2022

December 15, 2021
| Archives

Wood Mackenzie issued a press release that highlights many strong points about deepwater exploration going into 2022. The oil and gas sector will continue to rebound in 2022, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK) But the positive outlook will be tempered by concerns about its future. Overall investment will go up, but capital discipline will prevail. A 9%

Read More...

QatarEnergy taps Shell for two blocks offshore Egypt

December 14, 2021
| Archives

QatarEnergy entered into agreements with Shell to acquire working interests in two offshore exploration blocks in the Egyptian side of the Red Sea. Under the terms of the agreements, which are subject to customary approvals by the government of Egypt, QatarEnergy will hold a 17% working interest in Red Sea Blocks 3 and 4. Commenting on concluding these agreements,

Read More...