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

Archives

Borr brings in new CFO

October 14, 2020
| Archives

Borr Drilling Limited is pleased to announce the appointment of Christoph Bausch as its new Chief Financial Officer, replacing Mr. Francis Millet with effect from 1 November 2020.   Patrick Schorn, Chief Executive Officer, commented: “I am pleased to announce Christoph as the new Chief Financial Officer of Borr Drilling. Christoph has been Chief Financial Officer of NYSE and OSE

Read More...

Petrobras awards BOP tethering contract to Oceaneering

October 14, 2020
| Archives

Oceaneering International, Inc. is proud to announce that the company has been awarded a BOP tethering services contract offshore Brazil from Petrobras. The contract duration is one-year with the option to extend for an additional year. The scope of work includes data acquisition and real-time riser analysis for dynamic positioning rig operations for up to seven wells in

Read More...

KCA Deutag grabs $150m of land drilling contracts in Oman

October 13, 2020
| Archives

Global drilling, engineering and technology provider, KCA Deutag ("KCAD"), has been awarded contracts worth more than $150m in Oman, from the country's leading exploration and production companies. The first award covers the provision of expert manpower for customer-owned rigs, hoists and workshops. In total, KCAD will provide approximately 420 people in delivering this contract. This is a 5-year

Read More...

Seadrill updates on restructuring process

October 13, 2020
| Archives

Certain of the new secured noteholders (the “NSNs”) approached Seadrill Limited (the “Company”) to discuss the possibility of extinguishing the outstanding NSNs in exchange for certain secured collateral. The attached slides (the “Cleansing Materials”) detail certain proposals and counter-proposals between the Company and the NSNs since August 30 2020. Discussions between the Company and the NSNs remain

Read More...

Germany warns Turkey against continued drilling in controversial sea areas

October 13, 2020
| Archives

Turkey should refrain from provocation in a gas dispute in the eastern Mediterranean, German Foreign Minister Heiko Maas said on Tuesday, adding Germany stood in solidarity with Cyprus and Greece as EU partners. “Ankara must end the interplay between detente and provocation if the government is interested in talks - as it has repeatedly affirmed,” Maas said in

Read More...

Australian oil and gas company Cooper Energy the first to go net zero

October 12, 2020
| Archives

Cooper Energy will become the first Australian oil and gas company to completely offset its greenhouse gas emissions, with 10,022 tons to be offset this financial year. The company, which provides about 12 per cent of Victoria's gas from its offshore wells, will offset the emissions it generates in its production processes by investing in a planting project

Read More...

Equinor joins Sonangol to construct research center

October 12, 2020
| Archives

Under its privatization program that sees the divestment of non-core state assets, Angola’s Sonangol has announced the construction of a scientific research, technology and innovation center in 2021. The center will seek to ensure knowledge acquisition and technology transfer for the oil company by identifying strategic projects for development.  It will also house several other institutions, including advanced education,

Read More...

McDermott, Schneider and io collaborate on carbon neutral oil and gas platform concept

October 12, 2020
| Archives

McDermott International, Ltd, Schneider Electric and io consulting today announced a collaboration to advance research and design of carbon-neutral facilities for the upstream oil and natural gas market. The three companies will combine their capabilities and resources to explore and develop a proof of concept based on an offshore platform reference case. The result of the collaboration

Read More...