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Archives

Seadrill Limited provides first quarter update, backlog at $2.1 billion

May 20, 2021
| Archives

Seadrill Limited provides an update for the first quarter of 2021 We continue to sign high-quality and high-value contracts, reflecting depth of customer relationships. The quarter update includes: West Tellus – contract for two wells and additional intervention work plus two optional wells with Shell Brazil in direct continuation to the Petrobras contract, backlog contribution of $23m. West Hercules – options were

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Valaris awarded a contract for JU-117 in GOM

May 19, 2021
| Archives

Valaris Limited announced today that it has been awarded a contract of approximately 45 days with W&T Offshore in the U.S. Gulf of Mexico for VALARIS JU-117 (Ralph Coffman), a heavy-duty modern jackup. The contract is anticipated to begin in July 2021. Source: Valaris Join our mailing list here

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Petrobras adds more rigs for exploratory operations in the Campos and Santos basins

May 19, 2021
| Archives

Petrobras will intensify its exploratory activity in the coming months. The company confirmed that it will add two more drilling rigs to its fleet: the drill ship Norbe VIII, in the Libra block; and the monocolumn SS-91 (Developer) for projects in the Campos and Santos basins. The two units are expected to start operating by September. With the

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Shell in talks with Nigeria to sell onshore assets

May 19, 2021
| Archives

Royal Dutch Shell is in talks with the Nigerian government to sell the Anglo-Dutch company's stake in onshore oilfields, CEO Ben van Beurden said on Tuesday. Shell, the operator of the West African country's onshore oil and gas joint venture SPDC, has struggled for years with spills in the Niger Delta as a result of pipeline theft and sabotage

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BP, Eni sign agreement to discuss combination of upstream assets in Angola

May 19, 2021
| Archives

BP Plc and Eni SpA are considering merging their Angolan oil, gas and liquefied natural gas assets into a joint venture in a bid to revive output following years of decline. The two energy giants have signed a non-binding agreement to discuss combining their upstream portfolios in the West African nation. That could be a boon to the

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After 186 rescued, still scores missing offshore India west coast

May 19, 2021
| Archives

The Indian Navy mounted a massive air and sea rescue mission on Tuesday for 79 oil workers and crew whose barge sank in heavy seas following a powerful cyclone that tore up the west coast killing at least 29 people. The navy said 186 people had been rescued from the barge contracted to state-run energy explorer Oil and

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IEA Issues Net Zero Report

May 18, 2021
| Archives

The report is the world’s first comprehensive study of how to transition to a net zero energy system by 2050 while ensuring stable and affordable energy supplies, providing universal energy access, and enabling robust economic growth. It sets out a cost-effective and economically productive pathway, resulting in a clean, dynamic and resilient energy economy dominated by renewables

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Halliburton Awards Major Software Grant to Three Algerian Universities

May 18, 2021
| Archives

Halliburton Company has awarded three multimillion-dollar educational software grants to Algerian public universities to train and prepare the next generation of Algerian oil and gas engineers and geoscientists Students will gain hands-on experience by applying their scientific coursework to real-world applications. The schools include the University of Science and Technology Houari Boumediene (USTHB), University of Boumerdes (UMBB), and University of Ouargla (UKMO). The three-year license

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Saipem Awarded Two Onshore Drilling Contracts

May 18, 2021
| Archives

Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and a new contract in Colombia for a duration of 4 years. The total of orders acquired by the Onshore Drilling division since the beginning of 2021 thus exceeds 250 million

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ONGC Drillship Sagar Bhushan Adrift After Cyclone Tauktae

May 18, 2021
| Archives

Cyclone Tauktae hit Arabian Sea off the coast of Mumbai in the early hours of May 17, 2021 where ONGC’s major production installations and drilling rigs are located. The wind speed rose to nearly150-180 Km/hr with 6 to 8 meters high waves. Due to the severe cyclonic storm, unfortunate incidences have occurred involving three construction barges of M/s

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Rig Lynx is a next-gen consultancy and tech partner built at the crossroads of energy operations, AI integration, and digital engagement. With nearly 30 years of experience across global offshore campaigns—Rig Lynx merges frontline expertise with modern tech to drive safety, performance, and strategy.

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