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

Archives

JDC awarded a contract with Inpex

January 30, 2022
| Archives

Japan Drilling Co (JDC) has announced that its subsidiary company 'Hakuryu 5, Inc.' has entered into a drilling contract with INPEX Offshore San-in Co. for the provision of a semi-submersible drilling rig 'HAKURYU-5'. The main terms of the drilling contract are as follows: Operating Area : Offshore San-in, Japan Period : March to July 2022 (planned) Source: JDC Join our mailing list here

Read More...

Hess puts $2.6 billion exploratory budget on the books for 2022

January 30, 2022
| Archives

Hess Corporation has announced a 2022 Exploration & Production capital and exploratory budget of $2.6 billion, of which approx. 80% will be allocated to Guyana and the Bakken. Net production is forecast to average between 330,000 and 340,000 barrels of oil equivalent per day in 2022, excluding Libya. Bakken net production is forecast to average between 165,000 and 170,000 barrels

Read More...

Shell announces significant find offshore Namibia

January 30, 2022
| Archives

Shell has made a significant oil and gas discovery at an closely-watched offshore well in Namibia which could spark a wave of investment in the southern African country, according to Reuters. Reuters said that the Namibian government is planning to make an announcement next week on the details of the discovery at the Graff-1 well which Shell started drilling last month. Source:

Read More...

Subsea 7 awarded subsea contract from Beacon Energy

January 30, 2022
| Archives

Subsea 7 has announced the award of a substantial (1) project for subsea installation services related to Beacon Offshore Energy’s Shenandoah Development, located offshore Gulf of Mexico in water depths up to 6,300 feet. The project covers the tie-back of four subsea wells to the Shenandoah host facility through a subsea manifold with dual flowlines and risers. The work scope

Read More...

KCA Deutag bags 10 year newbuild deal for 4 rigs

January 30, 2022
| Archives

Petroleum Development Oman (PDO) will award KCA Deutag Energy a ten-year contract for the provision of drilling services with four new highly automated rigs that will be built in the Sultanate of Oman. The project enhances an existing strong relationship between the two companies. The ten-year contract comes with options to extend for a further two years and, with those options included, has

Read More...

Valaris awarded new floater contract from Murphy

January 20, 2022
| Archives

Valaris has been awarded two one-well contracts with subsidiaries of Murphy Oil Corp for semisubmersible VALARIS DPS-5. The first contract is in the U.S. Gulf of Mexico and is expected to commence in the third quarter 2022 with a minimum duration of 30 days. This contract has a one-well option with an estimated duration of 90 days. The second contract, offshore Mexico, will commence in

Read More...

Maersk keeps the Reacher busy with 21 month contract award

January 20, 2022
| Archives

Maersk Drilling has been awarded a contract with TotalEnergies E&P Denmark which will employ the high-efficiency jack-up rig Maersk Reacher for well intervention services in the Danish North Sea. The contract is expected to commence in July 2022, with a duration of 21 months. The contract includes options to extend the duration by up to 27 additional months. 'We’re happy to build further

Read More...

Chesapeake talking with Chief Oil & Gas on a $2.4 billion deal

January 20, 2022
| Archives

Chesapeake Energy Corp. is in advanced talks to acquire privately owned natural gas producer Chief Oil & Gas Inc. for about $2.4 billion including debt, Reuters reported, citing people familiar with the matter. A deal could be announced as soon as this week, Reuters said. The news agency reported in October that Chief Oil & Gas was exploring

Read More...

Wintershall Dea exits Brazil

January 18, 2022
| Archives

Wintershall Dea has decided to terminate all its operations in Brazil and to close the current office in Rio de Janeiro after the execution of all required measures. The termination of its operations in the country will be made in accordance with all contractual and legal regulations. 'This decision is the result of a very thorough analysis of our global portfolio

Read More...

Kosmos Winterfell 2 appraisal well a success

January 18, 2022
| Archives

Kosmos Energy has announced completion of the drilling of the Winterfell-2 appraisal well on Block 943 in the Green Canyon area of the U.S. Gulf of Mexico. The Winterfell-2 well (Kosmos working interest ~16.4%), was drilled to evaluate the adjacent fault block to the northwest of the original Winterfell discovery and was designed to test two horizons that were oil bearing in the Winterfell-1

Read More...