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

Archives

Odfjell Tankers launches bond initiative tied to carbon cutting goals

January 8, 2021
| Archives

Norway’s Odfjell, the parent company of the chemical tanker and terminal operator, is launching a debt financing using an innovative new bond instrument linked to the company’s ability to achieve its sustainability goals reducing the carbon intensity of its tanker operations. The innovative bond structure introduced to the capital markets in 2020 is designed to appeal to

Read More...

Deepsea Yantai books two more wells with Neptune Energy

January 8, 2021
| Archives

Odfjell Drilling and CIMC Raffles are pleased to announce that Neptune Energy Norge has extended the contract for the Deepsea Yantai with an additional 2 wells securing that the rig is fully occupied through 2021. The extension is made so that the rig can conduct further work in the Dugong area where Neptune Energy successfully drilled a well

Read More...

LNG to Power a sub-Saharan first in Ghana

January 8, 2021
| Archives

Ghana is set to open sub-Saharan Africa’s first liquefied natural gas-to-power project as it moves to position itself as a hub for the cleaner and cheaper fuel in the region. LNG-to-power projects have been booming from Asia to Latin America in recent years as they allow nations to switch from dirtier fossil fuels to keep the lights on.

Read More...

Prosafe lands contract for the Concordia

January 7, 2021
| Archives

Prosafe has signed a contract to provide accommodation and construction support using the Safe Concordia in Trinidad and Tobago in Q2 2021. Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. Source: Prosafe Join our mailing list here

Read More...

Total Enters a New Operated Exploration Permit in Egypt

January 7, 2021
| Archives

An international consortium led by Total (Total 35% Operator, Shell 30%, KUFPEC 25%, Tharwa 10%) and the Egyptian Natural Gas Holding company (EGAS) have signed an exploration and production agreement for the North Ras Kanayis Offshore block located in the Herodotus Basin, offshore Egypt in the Mediterranean Sea. This exploration block covers an area of 4,550 sq km,

Read More...

Brava Star awarded multi-year contract

January 7, 2021
| Archives

The Brava Star has been awarded a contract with Petrobras S.A. (“Petrobras”). The contract has an estimated duration of 810 days and includes a termination for convenience after 180 days subject to a demobilization fee. Work scope is in water depths up to 3,048m, and includes a full integrated package of services plus MPD. The work will

Read More...

Sonatrach to Invest $40 Billion over 5 Years in Exploration and Production

January 6, 2021
| Archives

Algeria’s national hydrocarbons company, Sonatrach, announced that it intends to implement an investment plan of $40 billion over five years (51% in Dinars). The investments will target new production start-ups and the ramp-up of several exploration and production operations, according to CEO Toufik Hakkar. In a message sent on the occasion of the New Year 2021, Mr. Hakkar

Read More...

ExxonMobil Guyana kicks off drilling in Canje

January 6, 2021
| Archives

Westmount Energy Limited has highlighted the start of drilling operations at the Bulletwood-1 well, part of the Canje exploration project offshore Guyana. The group said it fires the starting pistol on an exciting and potentially game-changing period for the small-cap oil investor. Westmount indirectly holds an interest in ExxonMobil-operated Canje, via a 7.2% shareholding in JHI Associates Inc (which in

Read More...

Ocyan wins Mero tender with Norbe VIII

January 6, 2021
| Archives

After a long period of negotiations and a lot of market expectations, Ocyan won Petrobras’ tender for chartering a rig exclusively dedicated to the Mero field, in the Santos cluster. Drill ship Norbe VIII should start operating in the second quarter Petrobras and Ocyan do not reveal details of the bid result. Source: PetroleoHoje Join our mailing list here

Read More...