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Shelf secures ten year contract for the High Island IX jack up

May 6, 2021
| Archives

Shelf Drilling, Ltd. announced today that it has secured a ten-year contract extension for the High Island IX jack-up rig in direct continuation of its current contract in the Arabian Gulf. The contract dayrate allows for annual rate adjustments based on the previous 12-month average Brent crude oil price. Following this extension, the expected availability of the

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Vantage receives multi-year LOAs for jackups in the middle east

May 6, 2021
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry noted that Vantage Drilling confirmed that it has received conditional letters of award (LOA) for its jackups Aquamarine Driller and Sapphire Driller for two-to-three-year deals in the "Middle East". The two rigs are set to begin the new deals, which have a

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Angola onshore bid round opens

May 6, 2021
| Archives

Angola’s National Oil, Gas and Biofuel’s Agency (ANPG) has officially opened blocks for licensing in the Onshore Lower Congo Basin and the Onshore Kwanza Basin as part of its 2020 oil and gas licensing round. This latest call to tender is part of the agency’s ongoing 2019-2025 hydrocarbons licensing strategy. The Onshore Lower Congo Basin Blocks include CON1,

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Kenya and Tanzania Sign Long-Awaited Natural Gas Pipeline Deal

May 6, 2021
| Archives

The Mombasa-Dar es Salaam natural gas pipeline from Kenya to Tanzania will be constructed. Tanzanian President Samia Suluhu Hassan and Kenyan President Uhuru Kenyatta made it official Tuesday, signing Memorandum of Understanding (MoU) documents in Nairobi. The pipeline will help both countries supply much needed energy to their populations and it is hoped to become the start of

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Transocean in discussions for long term extensions on PB10k and Skyros

May 6, 2021
| Archives

According to Esgian, an Oslo based company that provides analytical tools for the energy industry noted that Transocean has confirmed discussions with Petrobras for a "long-term" extension for its drillship Petrobras 10000 to continue operations offshore Brazil. The rig is currently on hire with the operator but is due to conclude its charter in September. Meanwhile, the

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Talos contracts West Neptune for Tornado Attic in GOM

May 6, 2021
| Archives

Talos has signed a contract with the Seadrill West Neptune to drill the Tornado Attic well to build on the water flood project in the Tornado field. The rig is expected to be on location in the first half of May with drilling activities commencing soon thereafter. Production impact from this well is expected sometime in the

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Shelf Drilling awarded 3 year contract for the Trident XII

May 6, 2021
| Archives

Shelf Drilling, Ltd. announced that it has received an award for a three-year contract for the Trident XII jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India. The planned start-up of operations is Q4 2021. Source: Shelf Drilling Join our mailing list here

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MENA oil investments to slow in next 5 years: S&P

May 4, 2021
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Natural gas and oil will miss out on increased investments set to pour into petrochemicals and power plants in the Middle East and North Africa region over the next five years as decision-makers become "more cautious to new project commitments in an era of gas overcapacity", Arab Petroleum Investments Corp. said May 4. Oil investments will total $226

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Morocco on the brink of unlocking its gas potential

May 4, 2021
| Archives

Two significant gas projects that are poised to take final investment decisions (FID) in Morocco this year could add 70mmcfd of natural gas to the country’s energy mix in the next five years, supporting its ambition of reducing reliance on coal and costly imports from Algeria, according to GlobalData GlobalData's report, Morocco Exploration & Production, reveals that Morocco is on the brink

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Australia may see commencement of 118 oil and gas projects through 2025

May 4, 2021
| Archives

Australia is expected to witness the commencement of 118 oil and gas projects’ operations across value chain during the period 2021-2025, accounting for 6% of the total project starts in the Asia-Pacific (APAC) region. Of these, new-build projects lead the upcoming projects count constituting around 74% of the total starts across the value chain, according to GlobalData,

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